Average Prices of RV Classes
From: Jeff Radich
The first thing I
found after I decided to purchase a recreational vehicle was that there were so
many different types of RVs. I felt a little overwhelmed, and I wondered where
I should begin. I spent eight months reading every book I could get my hands
on, and I spent endless hours on the Internet and visiting RV shows and
dealerships, just to educate myself about the basics.
The first thing I
wanted to know was how much it would cost me. Not just the recreational vehicle
itself, but also all the other costs, such as financing, insurance, and upkeep.
So let’s start with the biggest expense, the RV itself. What can you expect to
pay?
Recreational
vehicles come in many different types, sizes, and price ranges. Some are very
basic, starting around $5,000, and they provide just the basic sleeping
arrangements and cooking facilities. On the other end of the spectrum, there
are $1,000,000+ luxury land yachts on wheels.
With all the
different choices, anyone can afford to own an RV; with the extremely flexible
financing options that are available, there is an RV to fit every budget.
Prices can vary greatly from class to class and even within classes.
Travel trailers
are the cheapest option, ranging in price from a low of $9,000 to a high of
about $70,000, followed by Fifth Wheels, which are slightly more. Class C
motorhomes start at a low end of about $45,000 and go up to $100,000, while
Class As can run as low as $50,000 up to more than $900,000 for custom
“highliner” coaches. Chapter 3 gives you much more specific information about
the prices, benefits, and disadvantages of each class.
I have included
some statistics (below) of average “low,” “medium,” and “high” prices for
various classes of recreational vehicles to give you an idea of what you are
looking at spending.
Source:
RV America; http://www.rvamerica.com/rvtypes/
Class |
Low |
Medium |
High |
Class A Gas & Diesel |
$50,000 |
$130,483 |
$900,000 |
Class C |
$42,000 |
$56,474 |
$121,000 |
Fifth Wheel |
$12,000 |
$25,838 |
$98,000 |
Trailer |
$9,000 |
$15,336 |
$76,000 |
Source:
RV Trader Online; http://www.rvtraderonline.com/addefinitions.html
Class |
Low |
Medium |
High |
Class A Gas & Diesel |
$48,000 |
$81,400 |
$300,000 |
Class C |
$39,000 |
$48,500 |
$67,000 |
Fifth Wheel |
$12,000 |
$23,200 |
$97,000 |
Trailer |
$9,500 |
$14,300 |
$63,000 |
Source: RV Basics.com; http://rvbasics.com/techtips/whichrv.html
Class |
Low |
Medium |
High |
Class A
Gas & Diesel |
$50,000 |
$117,500 |
$500,000 |
Class C |
$45,000 |
$56,770 |
$75,000 |
Fifth
Wheel |
$12,800 |
$23,790 |
$97,000 |
Trailer |
$9,500 |
$14,700 |
$63,000 |
Source:
Buy an RV; http://www.buyanrv.com/Content.aspx?id=13
Class |
Low |
Medium |
High |
Class A Gas & Diesel |
$50,000 |
N/A |
$400,000 |
Class C |
$59,000 |
N/A |
$120,000 |
Fifth Wheel |
$12,000 |
N/A |
$100,000+ |
Trailer |
$9,000 |
N/A |
$75,000 |
Remember, if you
decide to buy a used RV, you can expect to pay up to 30% less for a current
model and even less for an older model. Buying a quality used model at a
cheaper price is a good way for families to edge into the RV market without
putting out their entire savings.
The benefits of
RV travel are innumerable, which is the reason why there are over nine million
RVs on the roads today, with the number of RV owners growing exponentially
every year.
The number one
benefit of RV ownership is freedom. When you travel by RV, you enjoy an
independence that is not feasible using commercial travel. You can create your
own schedule, day-by-day, and you can go where you want to go when you want to
go there. You travel at your own pace.
Togetherness is
another advantage. Spending time with the family is frequently cited as a
highly valued advantage to RV ownership. Memories are created as the family
enjoys quality time exploring new places, sitting around the campfire, or
playing board games while chugging down the road.
Money saved on
lifestyle or vacationing is another advantage to RV ownership. According to
vacation cost-comparison studies by PKF Consulting, an internationally-known
hospitality consulting and research firm, RV vacations are more affordable than
traveling by automobiles, commercial airlines, or cruise ships. Even after
factoring in the costs of RV ownership and fuel, a family of four can expect to
spend up to 70 percent less when traveling by RV (depending on what type RV you
buy) than when traveling by other means.
The cost of going
by RV is 9 to 42 percent lower than traveling by car, staying in hotels, and
eating in restaurants, which is the least expensive of the non-RV travel
options analyzed.
No matter which
type and model of RV you own, your vacations will be substantially cheaper than
any other vacation choice, even after factoring in the costs of your RV, which
means you can save money and have more funds available for future and more
frequent travel.
Jeff Radich is a
professional research writer and active RV enthusiast. |