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If you enjoy the RV life but believe that your current RV is no longer up to the task, it's natural to wonder whether you should purchase a new one or repair it. Making such a choice is difficult. On the one hand, you have a vehicle that can function adequately with a bit of work, but if it's old, it's only a matter of time before it breaks down again. Your old RV may have sentimental value as well. However, if you purchase a new RV, you may have a vehicle that you will not have to worry about for years to come. For this reason, we will talk about renovating an old RV vs. buying a new one and things to consider.
You Need To Consider The Price Difference
When buying a new RV, one of the most important factors is the price. Most people have a limited amount of money, which restricts how much they can spend, what parts they can buy, and what type of RV they can buy. As a result, most people prefer to buy used RVs or parts. There is one significant difference when it comes to the cost of renovating an old RV vs. buying a new one. If you repair your old RV with new parts, you increase its resale value. On the other hand, if you buy a new RV, its value will plummet as soon as you start using it. This is especially true if you purchase a brand-new RV.
If you don't like to feel like you're losing money while exploring the world with your RV, you should consider fixing up your old vehicle. However, if you look hard enough, you may be able to find a newer RV that is still affordable. This is an excellent option if you believe that your renovations may cost you more than purchasing a new one.
Consider the Warranty
One of the most valuable things you can get out of a new RV is a warranty. While we all love to work on our RV-s from time to time, we can do everything ourselves. If you opt to purchase a new vehicle, the warranty will allow you to relax, knowing that whatever happens, you will have something to fall back on. In most cases, the manufacturer's guarantee will cover the RV for a couple of years. You can also purchase an extended warranty to cover any faults that develop after the original warranty expires when you buy new.
You need to keep in mind that if you buy a used RV, which is, as we've mentioned earlier, a lot cheaper, you won't get a warranty. Some bigger dealerships may offer old RVs with a brief 30-60 day guarantee, but most of the time, you're on your own. If you buy a secondhand RV and anything fails soon after, you may need to replace a few things. That is why it's always a good idea to brush up on your repair skills. If you know your way around an RV, you may not even need a warranty. In that case, you should make sure to improve the storage situation in your RV. You will need to add some more space to have all the necessary tools to do the job if you run into unforeseen troubles.
Manufacturer Assistance
If you are thinking about renovating, you need to think about how hard it will be to get your hands on the parts you need. Parts for older, secondhand RVs might be more difficult to come by in certain circumstances. Over the years, there have been many RV manufacturers, and some may not exist anymore. This may make repairing problems very tough if you have a very old model. If you're thinking about buying a used RV, be sure it's from a reputable brand that's here to stay. If you are purchasing a used RV and are unaware of where the RV comes from, you may also inquire about the prior owner's experience with the manufacturer. This might get you essential information about how easily you might be able to seek help from them in the future.
Ownership Duration
The amount of time you plan to keep the RV is something else that should be considered when deciding between purchasing a new RV and renovating an older model. If you intend to keep the RV for an extended time, you should probably buy a brand-new one. This is because you should not be concerned about the RV's value declining if you are planning to purchase it to use it for an extended period. On the other hand, if you find that you get bored easily with the same RV setup, renovating might be a better choice for you. In the long run, doing so will save you money on depreciation, and if you ever choose to sell, you will be able to do so for a higher price.
Renovating An Old RV Vs. Buying A New One - Conclusion
The main thing that you need to consider is your personal preference. There are people out there who want to make a home out of their RV. For them, an RV is more than just a vehicle, and the value is something intangible. On the other hand, other people find that comfort is the only important factor. These people won't care if they drive a secondhand, new, or renovated RV. For them, everything goes, as long as it's comfortable. Hopefully, you will find this article on renovating an old RV vs. buying a new one useful.
Author Bio: Since the company's inception, Peter Jacobs has worked for Orange Mover as a content writer. Because he enjoys being outside so much, he tries to put as much time as possible in his RV. When he's not writing about moving, his favorite thing to do is write about traveling and finding new places.
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Exterior, RV Hacks, RV Repairs / Maintenance / Upgrades, RV Roof, RV Tips