Yep, would have been a project! But good bones in that era CC's
We had friends question my sanity (An all to often occurrence, and yet, they remain friends!!!) on the modifications we've been making to our coach.
"Why would you add more money into an older depreciating asset?"
"Why not just trade it in on a newer coach?"
"Sale it as is. Take those funds and travel by car and stay in hotels and or cabins."
"Why not use it as it is, and put the money into savings?"
Well I'll say this again, not the first time on this board.
"We purposely bought a coach with pre heavy smog changes that kicked in around the 2005-2006 model years." (That range, as it was very possible to get a 2005 model, with a 2004 era smog control engine.)
"We bought a coach that we both liked the interior. We wanted only two Drivers side slides, with the front one being a deeper slide. Or, we would have taken a three slide coach, with two on the Drivers side (Still deeper front slide.) and then a third slide on the bedroom area. And with what we considered a 'good foundation' to build upon."
And Country Coach built several models that met those criteria needs.
We were fortunate to purchase, pulling up our retirement rig purchase by just under 3 years, a coach at a time when many people had to get out from under coaches during the first 2-4 years of the financial turndown. We kept our same budget price point, and got much more coach then we had expected. (And note, we did not get a 'killer price' but I feel we got a 'fair and reasonable price'. Within 3-4 years after we purchased our coach, we could have sold it at about a $10K profit, even after being 3-4 years older... As the higher quality coaches were coming back in value, and with CC no longer building, some buyers were trying to find good quality older units to purchase - so that caused the slight actual appreciation in value.
My wife and I planned on a 20 year horizon of usage, after retirement, with this coach. And then we'll evaluate what we want to do at that time. So all of our upgrades were based upon a planed a 20 years or so payback of usage amortization. (We did slow down on the planned upgrades, and have spread them over 10 years vs our planned 2-4 year window, due to higher then anyone could forecast Pre 65 Health Insurance costs. (We retired one year before ACA kicked in...). So admittedly some of our payback of usage timeframe will not be quite as long
! (Only have carpet replacement with wood flooring and now a scaled back paint job area. Planned over the next two years budgets.)
All said, we'll have spent about $200K, + or - $10K, on the purchase and then upgrades to this coach. (Not including normal tire and other maintenance in this value, just the upgrades of gear, solar, batter capacity, inverters, TV's, stereo, cabinetry, recliners, shades, etc., etc.)
That's about $830 a month spread out over the 20 years. I had budgeted $1200 just for the fixed costs and upgrades, amortized over 20 years of usage. The lower amount is due to us both agreeing to cut back due to the higher costs of Health Insurance . My 5th year of retirement will be complete in early 2018, and I then qualify for Medicare. My DW is a young one, and she has another 6 or so years to go until Medicare - if they don't change the rules before then. Once we're both on Medicare, and thus lower Health Insurance costs. We may decide to go ahead with the full planned paint job on the coach. In another 6 years, that will be year 11-12 towards the 20 we'd agreed to. So we may have a good feel if we believe we'll want to use the coach longer then that period. Which may be the nod to go ahead with the full paint, vs touch up and repair after removing 3M and a few battle scars along the way!
We don't full time, we're what I call Permanent Part Time Full Timers - going out for 6-8 months of travel per year. Usually broken up into a small trip at the first of the year, followed by what we call the long trip of 4-6 months.
Why share all of this? Well because I feel we're very sane. We worked hard and carefully planned for this phase. We had contingency, mostly consumed from the higher Health Insurance costs. And as we all must do in life, we've adjusted out lives to the current reality. (We had also planned a trip to Europe every other year in our retirement schedule. That has been delayed until we're both on Medicare now.).
I'm still wet behind the ears at 64 now, compared to some of you seasoned RV'er's. But when I'm mid 70's - I see no reason why we won't take on longer range projects. RV's? House's? (We've built a few over the years, and may just have one last large one left, if we exit out of California property completely.) Businesses? (Yep, no law, currently, saying you have to be under a certain age to start and run a business
!) My point to this long winded post - is I salute everyone's right to do what they feel they want to do
! You've all earned it, so why not go out and reap the benefits? And if it say takes me two hours to do what I used to do in 1 hour - that's OK too!!!
Salute to all of you that lead the way, go enjoy, have fun, be safe,