The time has come; you’re considering purchasing a motorhome or possibly restoring one. You’ve thought about investing in a Winnebago for years and now is the moment that you’re ready to make a decision on one.
But wait, how do you know if buying one is better than restoring one, or visa versa? Many people suggest remodeling a used one that you can get for a low price or that may even be given to you over buying one. Yet, there are many factors to consider about your personal needs and lifestyle before making a decision.
As with any investment, it’s important to ask yourself questions and determine what you really want from it. To help you decide and be able to finally have the motorhome of your dreams, consider the following things you’ll want to know before deciding:
- Restoring a motorhome may seem cost-efficient and a much more affordable way to buy one, but is it really? When shopping around or looking for a motorhome, you may find one for a very low price that you think you can fix up quickly. This is a very important decision that you’re making, so before sure jumping the gun, you want to be sure that everything is in working order before payment. Although not always, a motorhome that is being offered for next to nothing may have hidden problems that could make life on the road impossible. Add this to all the expenses of remodeling and you could be throwing money down the drain. Take your time when making a decision on purchasing a new RV or restoring an old one.
- You can make sure that the interior is to your liking and taste when you restore a motorhome as opposed to buying an already designed one. If you do happen to find one with a great engine, you have the benefit that you can redesign the interior according to your taste. It’s not always easy to find a new RV with all the features that you want in the exact set-up that you have been looking for. From adding more living space or installing more beds, restoring a motorhome can be a lot of fun and you can make sure to have everything that you need.
- Do you have the money to invest in hiring someone to restore it or is it something that you have the talent to do yourself? You also want to consider if you can restore it yourself. If you have experience in remodeling and doing stuff yourself, it could be a rather simple thing for you to do. If not, you may end up hiring someone to do it for you, but this could mean a lot of extra money. Making a used Winnebago look like new could take a lot of work and you want to make sure that you are up to it before committing to a used vehicle.
- There is a lot that goes into restoring a motorhome. From paint to materials, appliances, and more, it isn’t the smallest or cheapest DIY project. Depending on the extent of damage or work that needs to be done, you could be looking at up to 20k or more to restore the motorhome to a beautiful, travelable vehicle. Before making a commitment on a used vehicle, double check how much it could cost you to do the remodeling that you want. If it’s way more than you expected, consider purchasing a new motorhome. It’s also important to consider the different types of motorhomes that you can buy, so you can find the one that best suits your needs and remodeling hopes.
- Are you planning on selling your motorhome after a few years of use? As beautiful as your restored motorhome may be, the engine is where it counts and it’s hard to make an old, used engine work like a new one. If you plan to sale your RV down the road (in the future), this is when buying a new one may be in your best interest. A used vehicle has already decreased in value, plus add that to your 1+ years using it and you may not be able to get that much for it. If you’re planning on investing a lot in restoring it, you may not be able to get back that money.
Determining if restoring a motorhome or buying a new one is a personal decision that depends on your personal preference. From an old Winnebago to a new RV, restoring or buying a motorhome could be one of your life’s most important investments. A life on the road is a fulfilling one, but only when you can be sure that your vehicle will stay working along the way. Choose wisely and once you do, have fun traveling!