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Old 04-17-2013, 03:53 PM   #15
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This is depressing... I just want to have fun....
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Old 04-17-2013, 04:07 PM   #16
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Quote:
Originally Posted by CampDaven

I see the cost of the RV in business/economic terms. It is a "sunk cost", a cost that has already been incurred, with little hope for much recovery.
So, although the depreciation is real, I have no reason to account for it because the money is already spent.
As they say in accounting - sunk costs are sunk. If you want a generator on your building - you have to have a generator pad. That block of concrete isn't free but it isn't worth what ya paid for it - if anything - and ya may have to pay to haul it off someday. Sunk is sunk. If ya want the RV life - ya gotta have an RV. I'm with you on this one Dave. If ya look at depreciation as a monthly expense - why not look at the good times as income. If the good times don't measure up to the depreciation - why have an RV? Of course people can look at things anyway they choose. I'm sure I could find ways to be unhappy if I tried hard enough. To each their own my momma used to say.
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Old 04-17-2013, 04:10 PM   #17
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Quote:
Originally Posted by awwall View Post
This is depressing... I just want to have fun....
And we WILL have fun...no matter how much it cost. Like the shirt that says, "I spent all my money on women and wine, and the rest I just wasted."
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Old 04-17-2013, 04:15 PM   #18
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Agree !!!!!!!!!!!!!
It's what I worked my butt off to do.
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Old 04-17-2013, 04:25 PM   #19
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Sheesh!
You have all bolstered my ego.

I was beginning to think I was the only one that saw an RV as only an expense; that I was a lone RV Mutant.

I have had over 60 years of camping, and it has always been an expense. But, then, as I think of it, my "returns" have been immeasurably rewarding.
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Old 04-17-2013, 04:28 PM   #20
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Quote:
Originally Posted by CampDaven
Sheesh!
You have all bolstered my ego.

I was beginning to think I was the only one that saw an RV as only an expense; that I was a lone RV Mutant.

I have had over 60 years of camping, and it has always been an expense. But, then, as I think of it, my "returns" have been immeasurably rewarding.
Ya and once I get a fishing pole back in your mitts - ya can feed yourself some dinner for your efforts. Or maybe put some of the pictures in your blog on a stock photo site and get a few pennies coming in here and there. Lol.
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Old 04-17-2013, 04:32 PM   #21
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I have "bought" about 6 of these motorhomes in the form of raising 2 step-kids who have nothing to do with me after raising them from babies with my ex-wife. If I knew then what I know now, I'd have started this journey loooong ago in the biggest, baddest MH that 2 college educations could have bought. I read another blog that says when it comes time to buy a MH, buy your LAST one FIRST. How true !!!
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Old 04-17-2013, 04:32 PM   #22
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Lets stay on topic , please. The OP is discussing monthly expenses of MH ownership above payments.
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Old 04-17-2013, 05:15 PM   #23
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I just don't worry about it. It's all part of life. We don't have a house payment anymore,so that's a plus.
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Old 04-17-2013, 05:47 PM   #24
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What's a couple bucks when your having fun. Jim
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Old 04-17-2013, 05:55 PM   #25
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If you have a motorhome payment, that's all it is. Its like renting an apartment, or leasing a vehicle.
If you choose to look at your motorhome as an asset, than yes, it is a depreciating asset.

If you choose to just budget expenses, then depreciation has nothing to do with it. Buy a motorhome for 150k make a 1500 a month payment and forget about it. If you can't afford the payment, then you can't afford the motorhome. If you put money down on the motorhome,then you are just prepaying an expense with an asset.


If you want to stay someplace warm in the winter, let's say Florida, well you will pay dearly for it. We all have to live somewhere, and we have to live within our means. Just consider a motorhome like a vacation home.
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Old 04-17-2013, 05:58 PM   #26
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We are still working on what our costs will be Once I fully retire so this information is very helpful! I have used Quicken to track our household expenses for many years therefore I have set up categories specific to RVing to track these expenses and establish a budget.
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Old 04-17-2013, 06:51 PM   #27
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We spend a lot of the year volunteering for National Wildlife Refuges and State parks. The benefit is free campsites with all utilities (including propane in some cases) paid for you. And during those months the MH fuel bill is zero. For the months where we are traveling between assignments we budget $1,000 for campsites and $1,000 for fuel.
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Old 04-17-2013, 07:36 PM   #28
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As I said it's the trip and the side benefits that count. Last trip was to Vegas to see the DW's 90 y/o MIL who is not getting any better and we had a great visit. The GKs and their mom also came up from San Diego and then left the GKs,4 and 7, with us for a couple of days in the Casinos,Circus and Excaliber, and then rode to San Diego to home with us in the MH. Just imagine the look on the face of a four y/o sitting in the co-pilots seat in a booster chair going down the road at 60 mph.
Like the commercial says $1,000 for campgrounds,$1,400 for fuel and there are a bunch of misc expenses,but the look on that little boy's face was priceless. There is no price on that.
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