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Is Buying an RV a Good Investment?

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Most of us are aware that over the last couple of years several thousand RVs have been bought and sold, mainly due to a boosted economy. Surprisingly, many of these RVs are being bought by a new and unforeseen demographic: millennials. If this is true, you might be wondering if buying a motorhome, camper van or trailer is just an impulse buy or an actual investment. It’s hard to determine if an RV can really bring in healthy returns when the time comes to trade it in or sell it. And if you’re thinking about purchasing an RV for business or just as a second home, there are a few things to consider first.

New Versus Old RV Floorplans: What’s the Difference?

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There are many reasons why people buy used RVs instead of new ones. For one thing, they are usually far less expensive and are perfect for DIY folks who want to renovate and customize their vehicle to their exact liking. Let’s face it, people feel guilty completely gutting something that still has that new car smell.