1. Your RV spends more time in storage than at the campground.You bought your rig with the best intentions. You planned to visit every state park within 200 miles of home. The Good Sam rally schedule was hung on the refrigerator right away. Life was exciting! But let’s face it, the only state park you’ve been to is the one 15 minutes from your house. And that schedule? It slipped under the fridge ages ago. And so your RV sits. You’re reminded of this every time you drive past its storage facility or walk past the RV in the driveway. It stings a bit. After all, you have a big rig payment without all the big rig excitement. You do the math and woah! That RV of yours is parked 70 to 90 percent of the time. It may be time to rent out your RV, my friend.
2. You’re interested in paying off your RV.I mean, who isn’t? People do not just casually buy RVs. The purchase is an art form. You daydream for months — possibly years. Armed with a budget and a floor plan, you marched into that dealership ready to make a deal. And you got that deal! The RV is yours now, along with the financing. Oh, the financing! With a 15-year loan, it seems the day will never come when you don’t have to make an RV payment. But then you heard that the average Class A motorhome rents for over $200 per night. And if that’s true, you could easily start paying down that loan. All you would have to do is rent out your RV from time to time. If you really want to pay the loan off quickly, turning your RV into a second income with Campanda is one of the fastest and easiest ways to do it.
3. The value of your RV is depreciating, and quickly.Depreciation is a bad word in your household. But just between you and me? Your RV is depreciating. Fast. From the moment you drove it off the lot, the RV’s worth started plummeting. Harsh, I know. But here are the facts:
- A quick internet search shows an RV is only worth half of its retail value by its sixth year. HALF!
- Unless you own a rare or classic RV, your rig will likely never appreciate in value.
- Your RV will only stop depreciating when its value is equal to the scrap value.