Has anyone made RV co-ownership actually work with family or friends?

[team bradfield]

Never gonna work..are you going to gladly pay 1/2 of a 10K repair bill when your co owner burns up a transmission?

or gets in wreck

 

[PaulJulius]

Never gonna work..are you going to gladly pay 1/2 of a 10K repair bill when your co owner burns up a transmission?

That’s exactly the kind of scenario I’m trying to understand @fishslayer. A $10K transmission repair caused by one owner’s use seems like the kind of thing that would need to be spelled out before anyone shares a rig.


In your view, would any written rule make that workable, like “normal wear is shared, damage/negligence is paid by the person using it,” or is the problem that nobody will ever agree on what counts as normal wear vs misuse?

 

[Kevin D Pem]

One of many stories, some fiction may have been added to add texture.

My better half and I had a very good relationship (that is fact). By My insistence she drove the pickup pulling the cargo trailer( the truck was a dream). I drove the flatbed pulling the fifth wheel. The flatbed was someone's work truck before we acquired it (real Jem it was).

One day we chose to change camp spots. While negotiating the path she clipped a tree stump that did some damage to the fender. I noticed the damage and asked. She told me what happened. I got My tools out mediately and Bent things back in place so it was hardly noticeable, before I finished setting up camp.

Stuff happens, and I didn't want her dwelling on something that would have stayed with her and foil our stay.

We had a relationship that we both worked hard for. The investment took a hit for sure, but the family didn't. Partnerships aimed at financial issues are not going to fare as well no matter how hard you try. Face the fact, the transaction is based on money.

Relating the two contracts as the same situation, is somewhat bogus. There is never a situation that is based on financial gain that will fare well when the deal is complicated with a loss in investment capital. There will develop resentment even if the condition of loss is unavoidable.

Wait till you can afford to invest. Buy a tent.

 

[Kevin D Pem]

That’s exactly the kind of scenario I’m trying to understand @fishslayer. A $10K transmission repair caused by one owner’s use seems like the kind of thing that would need to be spelled out before anyone shares a rig.


In your view, would any written rule make that workable, like “normal wear is shared, damage/negligence is paid by the person using it,” or is the problem that nobody will ever agree on what counts as normal wear vs misuse?

One trip to the rim north of Phoenix, could distroy a transmission. The question then on the mind of the one not driving the hill is was the operator pushing hard, or did the transmission meet its end of life?

Will every issue require three professional opinions? Will you need a professional assessment before you use the vehicle?
Will you need to do a walk around taking pictures before and after your time slice.

After all,that is what you do before you leave the lot with a rental.

You have opinions that can help you with an informed decision. What you choose to do with them is your choice.

 

[Texas Clodhopper]

If you have your mind made up to do it, then do it.

 

[fishslayer]

You just answered you own question..who decides..the one who caused it or the one who didnt? You do as you like but In my opinion you will live to regret this co own plan........as someone suggested Why not just rent one when needed. Or buy smaller, less expensive RV by yourself. Hope we at least gave you some things to consider before jumping in.

 

[Rollin Ollen]

Thanks, this is exactly the kind of real-world friction I was trying to understand. If those couples had written down just one rule before buying together, what would have mattered most: a usage calendar, a repair cost split, cleaning/check-out standards, decision rules for selling, or something else?

Staying friends when the co-ownership failed.

 

[JBright11]

I have a co-ownership situation that worked.

When we were young, we really wanted a boat. So, we went to a boat show, my wife, me and my brother in law. We ended up with a brand new boat, owned 50/50 between us. We used the hell out of it, multiple fishing trips during the week at a local lake. 2 Annual week long vacations to larger lakes.

The boat lived at my house.
I maintained it.
We took all of our vacations together, used the boat together 100% of the time.
I was responsible for all the annual maintenance, winterizing, etc.
I towed it everywhere we went.
We shared all of those expenses 50/50.

It worked just fine. We still get along great to this day. But, as you can see, there was no "split time".
No...finger pointing, no doubts about who did what when, and no issues with the bills.

If that's the kinda relationship you have with your "partner", it might just work out.
If not......I agree with the others, it's a good way to lose a friend.

 

[Vint]

Never gonna work..are you going to gladly pay 1/2 of a 10K repair bill when your co owner burns up a transmission?

How about paying for a new awning after the other 1/2 owner forgets to pull it in while breaking camp, and then the awning.

 

[fishslayer]

I have a co-ownership situation that worked.

When we were young, we really wanted a boat. So, we went to a boat show, my wife, me and my brother in law. We ended up with a brand new boat, owned 50/50 between us. We used the hell out of it, multiple fishing trips during the week at a local lake. 2 Annual week long vacations to larger lakes.

The boat lived at my house.
I maintained it.
We took all of our vacations together, used the boat together 100% of the time.
I was responsible for all the annual maintenance, winterizing, etc.
I towed it everywhere we went.
We shared all of those expenses 50/50.

It worked just fine. We still get along great to this day. But, as you can see, there was no "split time".
No...finger pointing, no doubts about who did what when, and no issues with the bills.

If that's the kinda relationship you have with your "partner", it might just work out.
If not......I agree with the others, it's a good way to lose a friend.

But do you want to take every trip with them? We go to get away from inlaws..lol

 

[JBright11]

In my case it was great, B-I-L is a great guy, was never any issues over a decade.
It was even better that there was 0 chance of any finger pointing situations.