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Old 10-05-2020, 07:47 PM   #71
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Quote:
Originally Posted by paul65k View Post
I decided to build a spreadsheet and track what we have dollarwise in our coach since buying it 2 years ago.

I have a separate sheet to track maintenance and costs, this one is just the upgrades we have made, most of them were planned and many of the projects certainly got much bigger as we got into them......you know the "As long as I'm doing this I Might as well"

In our case we now have an amazingly competent electrical/battery/solar system that will run EVERYTHING in the coach including both rooftop AC units.

We also upgraded all the electronics, added residential refer, replaced all window coverings, floors, counters and revamped the cabinets to a much more modern standard.



Even with all these upgrades we still have much less in this amazing coach than we would have spent on even the cheapest Class A Gasser if we just bought something off a dealer lot.

In any case , just wondering how many of you actually keep track of such things or if ignorance is bliss.......Hmmmmmm
I don’t track anything. I got into RVing knowing it was going to be expensive. I want to enjoy my adventurers and not worry about what a gallon of gas, or new tires, etc is going to cost me. That’s just me. Everybody is different.
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Old 10-05-2020, 10:23 PM   #72
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I quit tracking expenses a few months ago. Now, I log every project with a narrative about the upgrades and features I'm adding to our coach. It's much more uplifting!
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Old 10-05-2020, 11:09 PM   #73
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x2 on ignorance
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Old 10-05-2020, 11:27 PM   #74
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The best investment ever

What a great question, and as always varied and interesting comments!
So, maybe a different way of answering that question below...

Been motorhoming since two years out of high school, that be 1971.
I never was really into the "tracking costs" thing, what I wanted was to make sure we had enough funds to go play on a sometimes limited budget. So what I chose to do was take a rear-view mirror approach. Starting with the purchase price, add in the repairs and major $$ consumables like tires and insurance. I never counted fuel, or minor items...too much minutia. Then, when I sold the rig I subtracted the sale price, and divided the result by how many months we owned the rig. Took probably an hour.
1972 Open Road Class C (bought new, first and last time)...$500.00 a month
1977 Travel Queen (went crazy, completely rebuilt)...$400.00 a month
1999 Gulf Stream Scenic Cruiser (loved that coach)...$1000.00 a month
2009 Monaco Dynasty (heading out the barn this month)...$1400.00 a month

Whenever we bought a newer rig, we added 50% to our previous monthly goal from our last coach.
We always bought used, and the "sweet spot" for us was a coach that was 3-4 years old. We always bought an extended warranty, and used it to pay for the "surprises" that always came up during the first couple of years. Every coach I sold was in better shape than when we bought it.
Not quite sure what is next...maybe a 5-er? Probably for my 70th birthday, HA.
For us, the "cost of doing business" in owning a nice rig vastly paled in comparison to the value we received in the miles of smiles, and the great people called RVer's we met along the way. It's just that by having an previously agreed upon "budget amount" every month for the RV, we found that both of us were able to steer clear of too many arguments!
Thanks for asking!
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Old 10-05-2020, 11:36 PM   #75
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I'm a compulsive - I count everything - and I need your help.

In addition to the motorhome purchase there was its' 4 month state registration fee at $1K,
a Toad buggy at $15K (plus its taxes/ fees)
AND the complete toad hitch work to connect the MH and buggy: $5K.

Additional expense: installation (parts & labor) of PI EMS system: $500
and 6 additional TST tire pressure sensors: $300
and finally (to date) a 0.5 tank of diesel: $101.

Known future expense is washer/dryer at $2K.

All numbers subject to my alcohol fueled memory cells. Someone please start a "Go Fund Me" to help with my counting problem (Grin).

Now the kick in the keister: almost 3 full months of ownership and I'm still not able to enjoy it. Very fortunately the RV dealer is standing behind its engine gremlins, now estimated at up to $27K (Cummings certified shop).
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Old 10-06-2020, 09:26 AM   #76
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I keep a rough running tally in my head and compare that to the asking price of similar coaches that are for sale.

The half-baked logic being, I won't spend more than what others are asking for their alpines.

Naturally, this concept becomes less sensible the longer I own my coach.
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Old 10-06-2020, 08:09 PM   #77
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Yes, we've kept a spreadsheet for all expenses related to the motorhome. And we also track all the expenses when traveling, too. And our mileage, as well ...
We're both accountants (now retired) so it's just a natural extension of who we are.
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Old 10-21-2020, 11:43 AM   #78
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Never, EVER do this!!!

I hope I'll "Never, EVER do this!!!"
The campground told me heavy coaches parked here all the time.
Yea! Right! Towed out -- no damage!
This was in Florida at a RV Shop that was replacing the refrigerator (guts).
After the FREE extraction they parked me on blacktop next to the shop.
We boondock a lot and never got stuck --- except in a campground.
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Old 10-21-2020, 11:48 AM   #79
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I've had 3 RVs
When I went to sell the first 2, the spreadsheet of costs/upgrades helped me write the advertisement
I would have forgotten half of the upgrades if I hadn't written it down
with business the purpose of accounting is to understand where your at
I would rather know where I am and face the music than not know
Its easy to spend when you don't do the accounting

my thoughts
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Old 10-21-2020, 01:25 PM   #80
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Quote:
Originally Posted by paul65k View Post
I decided to build a spreadsheet and track what we have dollarwise in our coach since buying it 2 years ago.

In any case , just wondering how many of you actually keep track of such things or if ignorance is bliss.......Hmmmmmm
I've built, driven, and maintained race cars......of course Ignorance is Bliss. I never kept track of those and I don't do any different with the RV. I'm a build and fix type of guy. I'm sure I put more money in all my projects than a fiscally responsible person would, but I'm fussy and in the end I know what I have.
Of course it would be nice to afford to retire one day
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Old 11-20-2020, 05:18 AM   #81
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I bought a 30' sailboat for $2,300.

Over 10 years I spent about $15,000 on repairs/updates/upgrades/storage/mooring.

Then I sold it for $2,300.

I knew going in that it wasn't an investment. I don't regret it, because it was a decade of great fun, excitement and wonderful memories.

I have no illusions about a 20 year old rv. I paid $30k, but I don't expect to get more than $10k when I eventually sell it.
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Old 11-20-2020, 05:56 AM   #82
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ROI is low but it is cost of doing business... aka enjoying nd RV.. pay me now, pay me later and like the mobgets a cut every month... LOL
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Old 11-20-2020, 06:33 AM   #83
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Question for all of the expense trackers....once you determine the costs of all the various items, does it in any way change your habits, travel plans or upgrades. OR are you just feeding your obsessive/compulsive behavior?
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Old 11-20-2020, 09:26 AM   #84
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Been there done that !! The ROI on a 40ft boat is a whole lot less than on a 40ft motor-home. The RV has much more freedom and versatility. As others have said - it is a life style, not an investment.
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