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The Full Cost of Motorhome Ownership

Sep. 14 2021 Buying Guide By Pete's RV Center Indiana

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Interested in getting a motorhome? It's important to understand the full financial picture of motorhome ownership, which extends far behind the initial sticker price. By making sure to account for all the one-time and recurring expenses, you can create the most accurate RV budget and have a smoother shopping experience.

Keep reading for a breakdown of the cost of motorhome ownership. For more buying tips or to shop motorhomes for sale, visit Pete's RV Center Indiana. Our dealership is located in Schererville, Indiana. We also serve Indianapolis, Indiana, as well as Champaign and Decatur, Illinois.

The Initial Motorhome Purchase

The biggest expense of motorhome ownership is the camper's sticker cost. The average cost of a new motorhome is $100,000.

A more helpful metric, however, is the starting cost for the given type of motorhome. There are three categories of motorhomes: Class A, Class B, and Class C.

The most expensive option is the Class A motorhome, which usually starts at about $112,000. These campers are larger in size and offer more luxurious perks, which increases the price. 

The most affordable option is the Class B motorhome, which usually starts at around $81,000. These RVs are smaller and built more lightweight, which helps keep the cost down.

The middle ground option is the Class C motorhome, which also tends to start at around $81,000 and have a higher range of price points. They offer a balance of size and features.

Insurance

Insurance is required, but the cost will depend on different factors. The value of the motorhome, your driving record, and whether you select add-on coverage will all influence the cost.

Financing

Most folks take out a motorhome loan. There will be the cost of the loan, plus interest. The amount you will pay is influenced by your credit score, how long the loan is, the amount you are borrowing, and whether it's a new, used, refinanced, or full-time living motorhome loan.

The Travel Costs

Once you have paid the fees related to purchasing a motorhome, you will be ready to start traveling! Traveling costs are a part of ownership costs and are important to consider as well.

The exact costs depend on factors such as trip frequency and the motorhome model. In general:

  • Gas costs about $1,300 each year.
  • Motorhome maintenance costs about $100 a month.
  • Utilities tend to cost between $100 and $300 a month.
  • Camper storage, for those who can't keep their motorhome on their property, ranges from $30 to $400 a month.
  • The campsite fee is usually $20 to $100 a night.

Ready to shop motorhomes for sale? Check out the selection, including Jayco® motorhomes, at Pete's RV Center Indiana. Explore the models online or at our dealership in Schererville, Indiana. We are also proud to serve Champaign and Decatur, Illinois, as well as Indianapolis, Indiana.