Recreation Vehicle Industry Association recently released a report that RV wholesale shipments in February 2018 finished at an increase of 9.2% compared to last February. But before deciding whether you should invest in RVs, one must consider what exactly RVs are, the maintenance cost, the risk of purchase, the real price of ownership and the effects on health.
Recreational vehicles (RVs)
An RV doesn’t just serve for transportation, but also for short-term living for travel, recreation and camping. There are two types of RVs, namely towable RVs and motorhomes. The former is designed to be towed by car, van or pickup truck, such as folding camping trailers, truck campers, conventional travel trailers, fifth-wheel travel trailers, sport utility RVs and travel trailers with expandable ends. The latter is designed for the driver’s area in one convenient unit.
Before considering to invest in an RV, one must consider whether it is worthwhile to spend a regular cost of maintaining a coach if there was no prior plan for such expenses. The hidden costs including the cost of maintenance besides the price of the RVs must also be part of the consideration.
Risk of purchase
Purchasing an RV costs more than buying a house in many cases. According to the US Magnuson Moss Warranty Act, an RV owner can force the factory to buy back the vehicle but it will only happen after a “reasonable” number of repairing, which the factory can set unlimited number of request and keeps asking the RV owner to repair until the factory is satisfacted. The warrant could also involve more than one factory because different parts of the RV could come from different factories. Therefore it could be difficult to demand certain factories to buy back the RV.
Owning an RV is different from owning a flat. There must be loading and unloading before and after trips. At campsites there must have the coach hooked and unhooked. Regular cleaning on the interior and exterior must be carried out in order to ensure a comfortable living environment for the owner. One of the most difficult tasks was to find a way to do laundry on a regular basis while driving extremely long distances under all types of weather and traffic conditions.
Effects on health
The precondition of investing in an RV should include whether the user can live in it for a temporary purpose. If the health condition of the user was not good enough to get used to the constantly changing environment, then the cost for maintaining health would outnumber the benefits of investing in an RV for all kinds of benefits.
Possibility of injuries
The limited area of movement within the main carriage causes a higher chance for having a range of injuries such as slamming doors on fingers, falling on the floor and hitting your head within the area of movement in an RV. These vehicles could be risky to live since the car is constantly moving for the day and the time for resting isn’t at the best living condition.
Investing in RVs is risky and high-cost move, therefore it is essential to consult specialists for RVs and taking domestic laws into account before purchasing an RV for life.