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Your lender will require you to have full coverage with a minimal deductible
Is it necessary to have an insurance? I do not want to have an annual insurance because my lender can cover those repairs easily. I want your suggestions.
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Ain’t that amazing…For the past 12 years or so I have been camping every winter for 5 to 6 weeks down in the Southern California desert or in AZ. Ninety-eight percent of the time I boondock in areas where it's free to do so. Eliminating the campground fee goes a long way toward making RVing very inexpensive. In fact, when I first started doing this I was still tracking all of my expenses (something I started doing 30 years ago) and the time I was camping in the Southwest was always the least expensive part of the year for me.
The rig I take down there is an old truck camper - specifically, a 1987 Six-Pac camper that sits atop a 1993 Dodge D250 with 5.9 Cummins 12v diesel engine. I paid a grand total of $8,100 for the truck and camper 14 years ago, then spent another $900 adding solar to the camper (which could be done for quite a bit less now). Five or six years ago I renovated the interior of the camper, which cost me around $600 or so (paint, vinyl flooring, fabric, labor for the guy who sewed the new upholstery together, etc.).
These trucks are known for their excellent mpg, and depending on the number of hills, the winds, etc., I get anywhere from 13 mpg to 18 mpg, with the camper loaded and while towing a Corolla behind. While there, I drive about once a week to dump tanks and refill fresh water and propane, a 20-mile round trip or so. For sightseeing, shopping, travel to trailheads, etc., I drive the Corolla which gets 30 mpg in the city and 36 on the freeway.
I like my little old truck camper quite a bit and have no desire to replace it with a big fancy rig, even though I could easily do so if I wanted to. I enjoy repairing my own rigs and I enjoy living frugally. And I especially enjoy boondocking in areas where the rigs are spread out a hundred yards from each other. And with solar, there's no gas or oil to buy or carry around. And there's also no noise associated with it, which I love.
As others have already said, Rving can be very expensive or very inexpensive, depending on your preferences.
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Rving can be very expensive or very inexpensive, depending on your preferences.
So, travel vs. Fulltimer!The RVIA published a study that proved RV travel is cheaper than other options...ya right.
In my view, this was a study performed by the RV industry for the RV industry. The most laughable and misleading comparison was Class A motorhome travel example where they concluded the Class A was cheaper to travel in compared to, now get this, 1st class air travel and hotels. Certainly not an apples to apples comparison.
As stated above, the answer to the question of can you save money by traveling in an RV is, it depends. Some save money and for others it's a preference.
I really fault the RVIA for stooping to misleading people who are considering an RV for their travel needs.