Wednesday, November 01, 2006

An RV will take you places, but don't consider it an investment

While the stereotypical image of an RVer is of a snowbird senior citizen, it's not an accurate picture in Canada, where 50 per cent of RVs are owned by people younger than 55, and 43 per cent of RV families have children. Retirees are a secondary market, albeit one that is growing rapidly as boomers with the travel bug seek out ways to scratch their itch without breaking the bank.

But although RVs can be a cost-effective way to see the country, don't buy them as an investment, the way you might a cottage.

"Any motor vehicle is a depreciating asset," says auto editor Jeremy Cato. "You rent things that depreciate and buy things that appreciate." Full Story...
The RVers Bible is the ultimate guide to living and traveling in a recreational vehicle.

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