Motorhomes, also called motor coaches or recreational vehicles (RVs), primarily provide mobile accommodation.
They usually offer comfortable beds, space-saving storage, a kitchenette, and a compact bathroom.
With the comforts of home in one vehicle, they are ideal for travel enthusiasts who want convenience and freedom while staying within budget.
Most campervans for sale cost between USD$20,000 to USD$500,000.
However, the price is subject to several factors, including the RV type and class, whether it’s new or used, and the ownership costs.
Whether you’re looking to upgrade to a better campervan or this is your first time buying one, here are some things to consider when putting together your budget.
Classes Of Motorhomes
The price of motorhomes varies depending on their type and class.
The largest are class A motorhomes, with an estimated length of 45 feet.
The base frame of these motor coaches is similar to that of a commercial bus.
As such, space is one of their best features, allowing them to accommodate up to 10 people at once.
Class A campervans are also ideal for luxury. The price range of this RV is USD$50,000 to USD$500,000.
Class C motorhomes are the second largest type and are approximately 20 to 34 feet long. T
he base frame of this RV type is similar to that of trucks. While they’re less spacious than a Class A, the truck chassis makes driving easier.
They can accommodate four to eight people and are thus suited for smaller groups.
Class C motorhomes cost anywhere from USD$30,000 to USD$300,000.
Lastly, Class B motorhomes are the smallest type of motorcoach.
The chassis of these RVs is similar to that of a van.
For this reason, Class B motorhomes are popularly referred to as campervans.
Due to their small size, these RVs are perfect for traveling solo or with your partner. Their buying price ranges from USD$50,000 to USD$200,000.
New Or Used
A new motorhome will likely cost more than a used one because it does not require immediate repairs.
They also come with a warranty that guarantees quality for a specific period.
Therefore, its purchasing cost at this point is at the highest.
On the other hand, just like any automobile, the value of motorhomes for sale starts to depreciate the moment it leaves the car yard.
The depreciation rate is rapid in the first year and continues with use.
This means that when this RV is sold as a second-hand motorhome, its buying cost will be significantly lower.
Remember, if you choose a second-hand one, you may need to compromise on features like modernity or fuel efficiency due to extended use.
For example, you may find a motorhome with excellent features but dislike its color.
In that case, determine if repainting the automobile on top of its buying price will match the cost of buying a new one.
If it will, and there are no additional benefits to purchasing a used one, it is best to get a new RV.
Cost Of Ownership
Owning a recreational vehicle involves several expenses, including fuel, registration, insurance, maintenance, sanitation, and campground fees.
These can significantly increase your spending.
Therefore, you must factor in these expenses when choosing motorhomes for sale.
- Fuel Consumption
Fuel fees differ depending on a motorhome’s size, model, and age. Generally, the fuel consumption for larger RVs is higher. For instance, the average consumption for a Class A motorcoach is one gallon per 8 to 10 miles, while a Class B RV can go for 18 to 25 miles on the same amount of fuel.
In addition, larger RVs operate on diesel, which is costlier than other fuel types. Thus, if fuel efficiency matters more than size, consider smaller vehicles. The smaller the size, the lower your expenses.
- Registration Fees
Similar to cars, registering motorhomes in your state of residence is mandatory. The registration fee varies across regions.
In most states, the registration payment for RVs is based on size. Typically, larger vehicles pay higher fees compared to smaller ones. These payments are made annually or after a few years. Check the local regulations to find accurate fees that apply to your motorhome.
- Insurance
Insuring motorhomes is essential as it safeguards you from the costs of injuries or damage. Without insurance, these expenses can be financially crippling.
Since an RV doubles as a vehicle and a home, you may have to budget for car and home insurance plans. Also, the cost of insuring your RV will vary based on the type of motorhome. For example, the annual cost of insuring a Class B RV can be as low as USD$100, while that of Class A and C motorhomes starts from USD$1,500 and can go as high as USD$7,000 yearly.
- Maintenance Cost
You must maintain your motorhome if you want it to serve you longer. Some basic maintenance routines include coolant and oil changes, tire replacement, engine check-ups, and recoating. In places with colder climates, winterization may be necessary.
You should also consider maintenance and repair of your home features like bathroom pipes or kitchen fixtures. Again, the type and size of RV can increase or decrease these costs. For example, repairing a hot water tank ranges from USD$500 to USD$1,000. The larger the RV, the bigger the water tank and the higher the repair costs.
Setting aside funds for unexpected repairs is also crucial for maintenance.
- Storage Fees
Motorhome storage fees are as vital as the money spent on its purchase. This is especially true during the winter. If you store it in your garage, you’ll have added electrical costs from keeping the heat on.
The monthly cost of keeping your RV in an indoor storage facility ranges from USD$50 to USD$450. For outdoor storage, the price starts from USD$30 to USD$100. The actual amount will depend on the size of your RV and the services required.
The money you can spend on motorhomes for sale involves more than the purchase price. So, it would be best to consider the RV class, its condition, and the ownership costs when buying the unit.
Wrapping Up
The asking price for motorhomes for sale ranges from USD$ 20,000 to USD$ 500,000.
This cost can vary depending on your preferred vehicle class and whether you want a new or used RV.
Additionally, the cost of ownership should inform your purchase. By considering the above factors, you can ensure you’ll find contentment with your purchase.
