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Travel: Should You Buy Or Rent An RV?

Buy or Rent an RV for Traveling

A common question asked by many senior citizens involves whether they should buy or rent an RV for their travels. This is a large and important decision that should not be rushed at all. Use the following senior travel tips to help you make the right decision.

How Much Experience in RV Travel Do You Have?

An often-overlooked aspect of RV travel involves assessing how much experience you need to have in managing a large, virtually commercial-sized vehicle. If you are inexperienced in RV travel, the best route to undertake is to seek out classes and training programs that can instruct you on how to safely operate this vehicle. Since these vehicles are typically of such large sizes, your safety comes first and foremost. Over the course of a few weeks, you can complete a driver’s safety and training course and gain certification to drive these vehicles, which also helps lower your monthly insurance bill.

Where Do You Plan on Traveling To?

When considering the option to rent or purchase an RV, helpful traveling tips can offered also include pondering where you intend to travel to. For example, say you live on the East Coast and you are planning on traveling towards states like California or countries like Mexico, you more than likely will better benefit from owning an RV as opposed to paying costly rental rates per mile on a rented unit.

How Long Are You Planning Trips to Last?

Another possibility to consider is how long you plan on traveling. Preplanning is always advisable with senior traveling tips and knowing where you are going, how long you plan to stay, and when you plan to return is important in making your decision as to whether you should purchase or rent an RV.

How Often Do You Plan on Traveling?

Another important consideration is how often you plan on traveling. Some seniors may wish to spend a great deal of their golden years on the wide-open road sightseeing and visiting historical places. Others may very well just desire to travel once or twice per year. The best senior travel tips can be offered here are to consider renting RVs if your trips are infrequent and buying an RV if you plan on taking multiple trips over the course of a year.

Benefits of Owning an RV:

  • You own an investment that is yours.
  • You won’t need to pay for hotel rooms any longer.
  • You can save money on food costs by using the RV kitchen.
  • You’ll enjoy the freedom to travel with a mobile home at your desire.
  • Traveling is a fabulous way to make the most of your golden years.

Benefits of Renting an RV

  • You won’t be encumbered by a hefty monthly loan payment.
  • You won’t have to pay a monthly insurance premium.
  • You won’t be liable for general maintenance.
  • You can rent an RV only when you need one.
  • You won’t have to worry about housing the vehicle when it’s not in use.

Make sure that you carefully consider all your options before making a decision to purchase or rent. A good idea is to consider the option of renting first to see if an RV purchase is right for you. Hopefully these senior travel tips help you best decide whether renting or owning an RV is the right solution for your travel needs.

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