The Hidden Costs of Purchasing a Recreational Vehicle

The ultimate road trip involves a recreational vehicle. Not only will you ride in style, but you’re granted convenience and comfort while on the road. Say goodbye to being cramped in a car, and say hello to lounging in luxury. That dream can be yours when you finally make your big purchase. However, before you commit to an RV, you should learn about sneaky fees and expenses.

Keep reading to discover the hidden costs of purchasing a recreational vehicle.

Storage Fees

Where do you plan to store your RV when it’s unused? Depending on where you live, you may not be able to house your RV in your driveway or the parking lot. This means you must find a secure storage facility to park your vehicle. When searching for the best place to park your RV, you may find that indoor facilities are often more expensive than outdoor storage.

This is because indoor storage protects your vehicle from outdoor elements and is less risky. However, outdoor storage is more affordable because your vehicle may face storms, heat, or freezing temperatures. If you decide to select an outdoor storage site, be sure to check out the facility’s security and insurance options.

Accessories

Have you ever seen an RV decked with the latest gadgets and accessories? While some RVs are manufactured beautifully from the start, some owners add extra flair and interior decor to their vehicles. This can cost a pretty penny and requires a lot of planning and budgeting. Accessories and amenities are among the biggest hidden fees you’ll encounter after purchasing a recreational vehicle. Be sure to ask the salesperson for the full rundown of what’s included in your purchase and any optional add-ons.

Insurance

One of the most common questions people ask when purchasing an RV is if their primary auto insurance covers their recreational vehicle. Auto insurance will cover an RV if it’s trailed, but if you’re buying a powered recreational vehicle, you must purchase separate insurance. The larger your car, the more expensive the premium will be.

Maintenance & Repairs

Just like your everyday car, RVs require regular maintenance to ensure safety on the road—however, the larger your recreational vehicle, the more maintenance it may demand. You will need to replace and change the fluids as needed, and some models require that you get the air conditioning units serviced regularly as well. You should also prepare to pay for unexpected repairs on the road, especially if you plan to use your RV for long-distance travel. When shopping for a brand-new or used vehicle, ask the salesperson about the average repair or maintenance cost. This way, you can narrow down your choices and select the most cost-efficient option.

Bottom Line

Many factors influence the price of an RV. That’s why weighing your options before purchasing your new vehicle is essential. You should also think beyond the initial financing and consider the fuel, mileage, and future maintenance or repairs you will need to make. You must understand these factors and budget accordingly to ensure you are ready for the journey.