Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Re: REduce burn rate with an RV. A used one?
Old 09-07-2006, 07:37 AM   #41
Dryer sheet aficionado
 
Join Date: Jan 2006
Posts: 34
Re: REduce burn rate with an RV. A used one?

I am one month into retirement and spent the entire month traveling in my new truck camper. Many USFS and USNP campgrounds range from $ 0 to 5 or 8 per night with the Golden Eagle card. State and Canadian Provencial parks are more expensive - around $20 or so. I plan to do this every other month or so. Fall trip to new england, Winter trip to Key West and next spring a three or four month trip to Alaska, Canada and points west. The RV is more comfortable than a hotel, you can take your hobbies, the internet etc with you. With a truck camper, you can go anywhere and "camp" anywhere you can park a car. My wife is a gourmet cook so we save money by almost never eating out. She can cook anything in our galley that you could at home. The concept is basically, "The house is small, but the backyard is infinite..." You want waterfront living? Mountain top living? Whatever, you got it. Don't like the nieghbors? Just start up and move. Cost of fuel be damned, it is a great lifestyle.
__________________

__________________
Not entirely clueless about dryer sheets.* I know that if you wet them - they are the best way to clean dead bugs off of the front of an RV!
madeit! is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: REduce burn rate with an RV. A used one?
Old 09-07-2006, 09:30 AM   #42
Full time employment: Posting here.
 
Join Date: May 2004
Location: Worldwide
Posts: 913
Re: REduce burn rate with an RV. A used one?

Quote:
My wife is a gourmet cook so we save money by almost never eating out.* She can cook anything in our galley that you could at home.* The concept is basically, "The house is small, but the backyard is infinite..."* You want waterfront living?* Mountain top living? Whatever, you got it.* Don't like the nieghbors?* Just start up and move.* Cost of fuel be damned, it is a great lifestyle.
Our sentiments exactly. Couldn’t have said it better. It’s a great way to travel, cost efficient, no property taxes, and the best of both worlds. You have stability and movement at the same time!*

Sigh…

We kinda miss it…
8)
Good for you!

Akaisha
Author, The Adventurer’s Guide to Early Retirement
__________________

__________________
In 1991 Billy and Akaisha Kaderli retired at the age of 38. They have lived over 2 decades of this financially independent lifestyle, traveling the globe.
Billy is offline   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-07-2006, 10:14 AM   #43
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
dex's Avatar
 
Join Date: Oct 2003
Posts: 5,105
Re: REduce burn rate with an RV. A used one?

This is only my 2nd month full timing and gasoline costs are the major cost in the budget so far.

Last month $675; this month $875. I'm in California now and the per gallon cost the highest I've encountered so far. I've been moving around a lot and I expect to stay longer in one place in the future.

The $875 got me about 3,800 miles of travel at 14.5 mpg while towing and 20.0 when not towing.

I'm pretty happy with those mpg figures considering others get.

I eat out less than once per week - it isn't the money issue it is the weight issue. Although I'm pretty active while traveling it is very easy to put on weight. So I make sure I eat low fat meals and don't eat for the wrong reasons.

My guess is that the RV lifestyle cost is equal to a fixed home cost - the money is just spent in different areas.
__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
dex is offline   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-07-2006, 10:46 AM   #44
Full time employment: Posting here.
 
Join Date: May 2004
Location: Worldwide
Posts: 913
Re: REduce burn rate with an RV. A used one?

Quote:
This is only my 2nd month full timing and gasoline costs are the major cost in the budget so far.
When we were full timing, we consciously managed our motion on the road.

We didn't travel on weekends or holidays (traffic!! and waiting in traffic! = using more gas and causing more stress* ) Coming into campgrounds on weekends gave us a smaller selection of sites.

Instead, we traveled pretty much from Monday thru Thursday, planning on where we wanted to be for the weekend.

We also chose to drive less than 250 miles on any one day if possible - and usually much less. We avoided rush hour traffic (another huge stress creator) and so we drove from the morning and planning to arrive at our destination at about 1-2pm. This gave us the pick of the sites, and more time to use the amenities.

Also, we didn't have to set up in the dark (more stress) or back into our site in the dark or find the whatchamacallit in the dark....

And, of course, we tracked our expenses and knew the miles we were driving, etc...

Akaisha
Author, The Adventurer's Guide to Early Retirement
__________________
In 1991 Billy and Akaisha Kaderli retired at the age of 38. They have lived over 2 decades of this financially independent lifestyle, traveling the globe.
Billy is offline   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-07-2006, 12:07 PM   #45
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,446
Re: REduce burn rate with an RV. A used one?

After over a year now of fulltiming, I would say our monthly costs on average dropped around 20 to 25%. This is mainly due to the fact that we don't also have the expenses of a house, and we don't have separate "travel expenses" anymore. This is a really, really cheap way to travel - if you have the time to enjoy it.

Now - our house was paid for. And our RV is paid for. If you put any kind of amortization/depreciation into the picture - any financial benefit is blown out of the water.

We know people who once they owned their RV, are able to enjoy the fulltime lifestyle with amazingly low expenses. It doesn't take much to enjoy the "luxury" version of RV living either, if you are so inclined.

Yes, fuel can be expensive. But we found that if we wandered about at a nice easy (comfortable, relaxed) pace, our RV fuel expenses ran more like $200 a month, which really is no big deal for us. $200 will move us 625 miles at $3 per gallon diesel. We spend way more than that on eating out or groceries. And we usually spend at least $150 per month on car fuel.

Audrey
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-08-2006, 12:08 PM   #46
Full time employment: Posting here.
 
Join Date: May 2004
Location: Worldwide
Posts: 913
Re: REduce burn rate with an RV. A used one?

Audryh1
Quote:
Now - our house was paid for. And our RV is paid for. If you put any kind of amortization/depreciation into the picture - any financial benefit is blown out of the water.
Smart approach, IMO. Why go into retirement with a mortgage of any kind? It is a removable burden and by removing it, your option horizon is expanded.

Akaisha
Author, The Adventurer's Guide to Early Retirement
__________________
In 1991 Billy and Akaisha Kaderli retired at the age of 38. They have lived over 2 decades of this financially independent lifestyle, traveling the globe.
Billy is offline   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-08-2006, 01:22 PM   #47
Thinks s/he gets paid by the post
SteveR's Avatar
 
Join Date: Jul 2005
Posts: 2,803
Re: REduce burn rate with an RV. A used one?

Ok you RVers.* Here is a question for you.*

We have pretty much researched ourselves to a razor's edge and have concluded that for your wants and needs and budget (post cabin sale) a Bigfoot 40MHTSL is what we want.* We found a 2005 model that is new and is priced reduced to about 75% of MSRP.* I know we are paying a premium for the luxury additions to the rig but for us it is worth it as we plan to snowbird for several months at a time so it will be "home" for us and we don't mind being a bit spoiled.*

The question is:* is 25% or MRSP on a new Bigfoot that is now almost 2 years old a good deal or is there "room" to lower the price by X percent?

For the thrifty group on the board....I know...I know.* But DW has some must requirements and so do I and a Class A is not one of them but the relative level of creature comforts is.* The rig is in the upper range of our budget but knocking off a few more % would be nice....just where to put that stake in the ground and either take the deal or walk away is the hard part.* To complicate matters the rig is in Canada.*

Constructive comments from the RV experts would be greatly appreciated.* *

edited to fix percent MSRP typo.
__________________
Work? I don't have time to work....I'm retired.
SteveR is offline   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-08-2006, 01:30 PM   #48
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Posts: 13,249
Re: REduce burn rate with an RV. A used one?

Steve....

Just a question on your math... just to make sure.. you say they are selling AT 25% of MSRP... so if MSRP was $100,000 then you are paying $25,000... is this right??

And my thought on the price (which by the way I have no idea what it would be)... everything is compared to something else you can buy.. so if the price is good compared to the other RVs you have looked at.. then it is a good price no matter what the MSRP says... if you do not see the value... then it is too high..
__________________
Texas Proud is online now   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-08-2006, 01:35 PM   #49
Thinks s/he gets paid by the post
SteveR's Avatar
 
Join Date: Jul 2005
Posts: 2,803
Re: REduce burn rate with an RV. A used one?

Quote:
Originally Posted by Texas Proud
Steve....

Just a question on your math... just to make sure.. you say they are selling AT 25% of MSRP... so if MSRP was $100,000 then you are paying $25,000... is this right??

And my thought on the price (which by the way I have no idea what it would be)... everything is compared to something else you can buy..* so if the price is good compared to the other RVs you have looked at.. then it is a good price no matter what the MSRP says...* if you do not see the value... then it is too high..
I did it backwards...it is 75% of MSRP. Thanks for catching this.
__________________
Work? I don't have time to work....I'm retired.
SteveR is offline   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-08-2006, 01:57 PM   #50
Moderator Emeritus
Rich_by_the_Bay's Avatar
 
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
Re: REduce burn rate with an RV. A used one?

Steve,

From my recent research, paying 85% of MSRP for a new current model year rig is a fair deal. 80% probably good for a new prior model year (e.g. buying a 2006 now as the 2007s are appearing -- what I did). For a 2 year old new model, 75% sounds like a good deal.

The only real downside is that you take a hit on resale because of model year. Drive it til it dies and you will have done as well as you can expect.
__________________
Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.

As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
Rich_by_the_Bay is offline   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-08-2006, 02:36 PM   #51
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,446
Re: REduce burn rate with an RV. A used one?

From my experience with class A motorhomes, 25% off MSRP is a good deal for a NEW model. 2 years old - I think I'd expect more of a discount than that. It's hard to know for sure without doing a lot more research.

Is the unit out of warranty?

Audrey
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-08-2006, 08:21 PM   #52
Moderator Emeritus
Martha's Avatar
 
Join Date: Feb 2004
Location: minnesota
Posts: 13,212
Re: REduce burn rate with an RV. A used one?

Steve, is a dealer selling the vehicle?* Is the vehicle new or previously titled in another person's name?* We looked at buying a motorcycle in Canada a few years ago (favorable exchange rate at the time) and could not buy new.* I don't know if that is still true.* Here is one website that talks about it but I don't vouch for any accuracy of the site:* http://www.canadatotwincities.com/buy_car.html

Price?* I don't know.* But I do know that Bigfoot is considered an upscale Class C brand.
__________________
.


No more lawyer stuff, no more political stuff, so no more CYA

Martha is offline   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-08-2006, 08:32 PM   #53
Thinks s/he gets paid by the post
SteveR's Avatar
 
Join Date: Jul 2005
Posts: 2,803
Re: REduce burn rate with an RV. A used one?

Quote:
Originally Posted by audreyh1


Is the unit out of warranty?

Audrey
Quote:
Originally Posted by Martha
Steve, is a dealer selling the vehicle?
Don't know about the warranty but there is a limited one that goes 5 years on the struture. I will have to ask on this one. Thanks for the pointer.


The unit is new; never titled and is being sold as new by a dealer. It has been on his lot a while so I would guess they would want to get some of the carrying charges back and may not want to deal.

We will see where this goes.

Thanks for the feedback.
__________________
Work? I don't have time to work....I'm retired.
SteveR is offline   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-08-2006, 08:40 PM   #54
Moderator Emeritus
Martha's Avatar
 
Join Date: Feb 2004
Location: minnesota
Posts: 13,212
Re: REduce burn rate with an RV. A used one?

Steve, here is a Customs website that has a document link to importing vehicles:

http://www.cbp.gov/xp/cgov/travel/cl...utomobiles.xml
__________________
.


No more lawyer stuff, no more political stuff, so no more CYA

Martha is offline   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-09-2006, 11:26 AM   #55
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,446
Re: REduce burn rate with an RV. A used one?

Quote:
Originally Posted by SteveR
The unit is new; never titled and is being sold as new by a dealer.* It has been on his lot a while so I would guess they would want to get some of the carrying charges back and may not want to deal.*

We will see where this goes.*

Thanks for the feedback.
Well in that case, 75% would a reasonable top price I would expect to pay and the unit should still be under any warranty - warranty extends from the day of sale not the day a unit is built (from everything I understand).

However, under these circumstances I've seen deals closer 30% or so off. So I suggest you deal hard. If it's been on their lot that long, they like to see it leave and make room for new inventory.

You can always make an offer.

If you want to do some more work (I would) see if you can track down prices. Blue book does have some information on RV retail prices. Searching the internet is a good way to find other dealers offering similar units and can give the most leverage when negotiating with a dealer.

Dealers are ALWAYS interested in dealing. Worst case - you make an offer and they say no. Or they might counter offer with a better discount and/or try to sweeten the pot in other ways.

Audrey
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-09-2006, 12:14 PM   #56
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Posts: 13,249
Re: REduce burn rate with an RV. A used one?

Quote:
Originally Posted by SteveR
Don't know about the warranty but there is a limited one that goes 5 years on the struture. I will have to ask on this one. Thanks for the pointer.


The unit is new; never titled and is being sold as new by a dealer. It has been on his lot a while so I would guess they would want to get some of the carrying charges back and may not want to deal.

We will see where this goes.

Thanks for the feedback.
The carrying cost is THEIR sunk costs... it should not come into the negotiation at all... if NOBODY has wanted this RV in two years.. then it is dead weight to them.... make a low low offer if you intend on buying... look up what a used one would go for that has some miles.. offer THAT... do not be concerned if they are making money or not.. they have a cash sucker on their lot and wnat to make it YOUR cash sucker... treat it as such..

Dont' get swayed by the salesmen... they can read you like a book... they know how to manipulate your 'wants'.. be firm with what you are willing to pay.. and then move on..

Again, like my previous post... you must compare the price to whatever else you can buy that meet your needs.. if the price is $20K below what you could get anything else that is even close.. then it is a good deal.. if you are paying $5K over something else that is close, but not the same.. you are paying too much.. it does not matter what the MSRP shows.. that is a number on a piece of paper to get you to think it is a starting point..

Look at the SUVs etc.. they are giving $5K off at various places.. and still making money... so what were those people paying so much more a few years back more profit..
__________________
Texas Proud is online now   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-09-2006, 12:30 PM   #57
Thinks s/he gets paid by the post
SteveR's Avatar
 
Join Date: Jul 2005
Posts: 2,803
Re: REduce burn rate with an RV. A used one?

Martha,
Thanks for the links. I sent the dealer an email asking a lot of questions about title, US EPA and safety ratings. I appreciate your efforts in getting me those links. If it is a Canadian only unit I have no interest in it because of the potential costs and problems trying to get it up to US standards.

Audrey,

Thanks for the input. I have done a lot of internet searching and this particular unit is rare and there is only one other one for sale (also in Canada). NADA has no information on this rig so that is not much help. RVConsumer also has no information on it. I am still searching and hope to find some more pricing information but so far there is nothing.

Texas Proud,

Thanks as always for your straight from the shoulder comments. If this rig pans out to be a US made one or where they will certify it will meet US standards I plan on offering them a low ball offer; after all I will have to travel 3000 miles to even see it and then drive it back so that is a big expense for me. I am also looking at long range hauling but so far no luck with anybody able to move from Canada to the US with a rig this size.

__________________
Work? I don't have time to work....I'm retired.
SteveR is offline   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-09-2006, 07:31 PM   #58
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: REduce burn rate with an RV. A used one?

Quote:
Originally Posted by SteveR
I am also looking at long range hauling but so far no luck with anybody able to move from Canada to the US with a rig this size.
Hey Steve, if you buy it maybe i'll move it for you. Of course, I might take 1 year to get to you but I won't charge you for the gas.
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-09-2006, 07:55 PM   #59
Thinks s/he gets paid by the post
SteveR's Avatar
 
Join Date: Jul 2005
Posts: 2,803
Re: REduce burn rate with an RV. A used one?

Quote:
Originally Posted by vagabond
Hey Steve, if you buy it maybe i'll move it for you. Of course, I might take 1 year to get to you but I won't charge you for the gas.*
Very Funny!

Thanks anyway.
__________________
Work? I don't have time to work....I'm retired.
SteveR is offline   Reply With Quote
Re: REduce burn rate with an RV. A used one?
Old 09-09-2006, 09:50 PM   #60
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,446
Re: REduce burn rate with an RV. A used one?

Wow - a cross border purchase? That complicates things - out of my league.

Audrey
__________________

__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Do you agree with Bengen's "Layer Cake" withdrawal rate MikeK FIRE and Money 23 12-16-2006 11:50 AM
Will the Fed reduce rate? Mach1 FIRE and Money 13 09-01-2006 10:04 AM
The Upside to Low Savings Rate? REWahoo FIRE and Money 0 03-29-2006 10:08 PM
Here's the New I Bond Rate JPatrick FIRE and Money 40 12-21-2005 12:23 PM
Poll: what's your burn rate? wabmester Other topics 20 08-03-2005 11:37 AM

 

 
All times are GMT -6. The time now is 08:34 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.