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RE: ? L E D taillights
the last time I was rear ended, it was due to total negligence of the other driver. that excuse of a brake light coming on quicker, sounds to me more like a reason to convince the wife that, "yes dear, it makes sense to spend $14.99 for a perfectly good bulb whereas the current 99 cent one is perfectly adequate.
the requirement for an eye level brake light is more meaningful than a millisecond faster reaction.
bumpy
Do you just sit around and wait to disagree with people? I bet you're a miserable old crusty to be around. EVERY single post I see you on it's like you are fishing for an argument or a chance to be condescending. Eat a snickers dude.
I just respond to BS when I see it.
bumpy
The OP's post - "If you have regular tail, stop, turm taillights, can they be changed over to plug & play lights "
I don't see any BS. I see a question. Try to be helpful for a change or move on.
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way2roll
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03/29/20 05:49am |
Tech Issues
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RE: 20 year loan for RV?
After reading all the posts, I can only say if someone is living for today, only to pay tomorrow, they are possibly finding out right now why you shouldn't do it. I know people that have a new house, two new cars, and a yard full of toys. They are now both laid off. Things are going to get real for a lot of people.
Unless you blew all your cash on a depreciating asset. Those who financed still have cash and a choice to default the loan or not. Once the cash has left your hand, it's gone. Financing leaves multiple options. No options with cash. You'll see the same people that paid cash losing their jobs and selling their RV's at a tremendous loss.
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way2roll
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03/29/20 05:43am |
Beginning RVing
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RE: how good are the 2005 safari simba,s
In the immortal words of Socrates - "I drank what?"
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way2roll
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03/29/20 05:40am |
Class A Motorhomes
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RE: ? L E D taillights
the last time I was rear ended, it was due to total negligence of the other driver. that excuse of a brake light coming on quicker, sounds to me more like a reason to convince the wife that, "yes dear, it makes sense to spend $14.99 for a perfectly good bulb whereas the current 99 cent one is perfectly adequate.
the requirement for an eye level brake light is more meaningful than a millisecond faster reaction.
bumpy
Do you just sit around and wait to disagree with people? I bet you're a miserable old crusty to be around. EVERY single post I see you on it's like you are fishing for an argument or a chance to be condescending. Eat a snickers dude.
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way2roll
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03/28/20 01:51pm |
Tech Issues
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RE: Access to Grey Water Holding Tank
Awesome. Glad you got it fixed and reported back.
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way2roll
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03/28/20 06:45am |
Class A Motorhomes
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RE: Access to Grey Water Holding Tank
Going to assume you know it's the grey by the levels going down on that specific tank? What about the blade/gate valves in the wet bay? Also can you see any connections in the wet bay?
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way2roll
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03/27/20 10:17am |
Class A Motorhomes
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RE: Access to Grey Water Holding Tank
Thank you! Dennis looking at this diagram, the grey water tank is located closer to the middle of the rig. It is unclear to me how to get access. Worst case is there access from inside under the floor?
Have you tried crawling under to see if it's a leak on the tank itself, or a connection? A camera scope can be had on Amazon for about $20, and are great for scoping out leaks etc that are otherwise physically hard to get to. They work with your smart phone.
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way2roll
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03/27/20 07:20am |
Class A Motorhomes
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RE: Buyers market?
Thank you all for your responses. A lot to think about. I made what I believe to be a respectable offer (8% under asking price which was 5% over book), and the dealer told me I would need to be flexible if I wanted this coach. I was caught off guard a bit with that response. I guess it's a little early to expect the dealers to turn the tide of what was their advantage. My wife works for teachers (advocate). She was sent home with an expected return of June 1. Her notice said this is the earliest date and to expect that date to move further out. We're talking about 3 months of people being out of work. We can (and should) hope for the best, but this thing is already taking it's toll on the economy and if people are not allowed to go back to work, or companies cannot afford to reopen, this is not just a recession we're forecasting. I may pull my offer and wait.
opnspaces: yes, citations are being issued. I know somebody indirectly who has been detained and I am a retired police officer with many friends still on the job. It's all over the news in Northern California. San Francisco is the worst. It's not going to get better before it gets worse up here.
Dealers don't often play the game. In 2008 A dealer had a leftover unit on his lot. Would not budge on the price despite being in a bad economy and I had heard they were in bad shape. I passed on the deal. 3 months later they went under. Not sure what happened to the assets, maybe the bank seized them. Maybe they knew it was going to happen when I was trying to make a deal so they didn't care. The exact same scenario played out at another dealer 10 miles away. Anyway, dealers seem to hold on to units sometimes rather than get them off the lot for less money. I can only guess why, I imagine it has to do with the value of the assets and the bank when they are in the process of going under. I guess if you could track down where the bank auctions them you might find the deal then.
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way2roll
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03/26/20 12:02pm |
Class A Motorhomes
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RE: Buyers market?
We were starting the process of looking for a bigger Mh to full time next year. I am in a good position to buy, so if the market continues the downward trend - and there's every indication this will get dramatically worse - I expect fire sales everywhere. I may end up picking up something this year if a deal comes along that's too good to be true.
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way2roll
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03/26/20 10:47am |
Class A Motorhomes
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RE: 20 year loan for RV?
Not sure why the interest question even comes into play. You can deduct the mortgage interest as a second home. Personally I'd rather use the banks money, amortize the debt, take the interest deduction and have my cash work for me. Recent events aside - I can earn a conservative 8-10% in the market or a 401 and net 5% or more difference over what I financed. I don't consider RV's as toys especially the Class A's I've owned, but you guys paying cash for your "toys" might do well to take an economics class. Paying cash for a depreciating asset is far worse than keeping your cash and putting it to work, using the bank's money, get the interest deduction and earn profit on the cash you still have. I get tired of the same 4 crusty mattress stuffers and your condescending remarks about not only who does what with their money, but reducing peoples love for Rv's to toys and advocating that financing is stupid. You are the ones who are missing the boat and could actually net money by financing. But go ahead, spend your cash on a depreciating asset. Get out of the 30's and start understanding how financing can actually be to your benefit. You have less cash and a depreciating asset. I have all my cash, plus net profit from the market by having that cash, and the RV. But I guess I'm a fool. Been in the banking industry for 25 years, not about to take financial advice from someone who pays cash for a depreciating asset. I think that falls under the list of "what not to do".
So you pay $1000 in interest to get $250 off your tax bill?
Buying on margin works great when the market is red hot. When it takes a dump, it's really painful.
Did you miss the rest of the points?
Real life example, when we purchased our first Class A MH about 10 years ago, I could have paid cash. About $90k. instead, I said to myself how can I get the RV and not have to pay for it. So I kept the cash I would have spent on the RV, purchased a duplex as a rental ( I owned several rental properties at the time) and rent profit eclipsed what my payments would be on the MH. I applied a decent down payment on the MH and financed it for 10 years. Had I spent that money on the RV, I would have instead invested in a depreciating asset. And frankly would have made me sick to my stomach. instead, I invested that cash not only in an appreciating asset, but one that turned a residual profit. And I was able to do it because I financed the RV.
To each his own.
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way2roll
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03/26/20 08:12am |
Beginning RVing
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RE: Buyers market?
Actually, is it a good time? I’d say not yet, but soon. The full effect of the economy shutdown is a few months away. Lost jobs and the need for cash will cause a glut of new / almost new rigs being on a fire sale manufacturers/ dealers are sitting on way too much inventory ( they will soon file bankruptcy) which will lower values for the used market. People haven’t realized they are in big trouble yet , they will. But just not today. JMO
This too will pass it always has .. smart people wait and buy the down times , if they have the cash or ability , most are not in a position to buy which is why you can Get a deal. I don’t feel bad buying something Cheaply as it gets them out from under a big problem even if it greats a smaller problem for them.
This. It will most certainly be a buyer's market in the near future. You will see ads for RV's explode in volume within the year.
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way2roll
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03/26/20 07:51am |
Class A Motorhomes
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RE: 20 year loan for RV?
Both sides present a good argument but it's times like this that will truly test the ones deeply in dept living pay to pay with no cushion.
That's a good point. In a worst case scenario, if I paid cash for my RV, I'd be without that windfall. But if I borrowed the money and kept my cash, and if I lost my job, I'd have that windfall.
I personally know a lot of people who have already lost their jobs due to this pandemic.
I would never advocate for defaulting a loan, but you can bet that personally if I was left with the decision of using my windfall to pay any loan or feeding my family, I think we would all make similar decisions. Most banks are being proactive and suspending collection efforts until this is over.
If you blew your cash on an rv, that RV isn't going to feed you.
It also hasn't escaped me that having an RV in times like these could be a real benefit in a lot of ways. We've used our MH for hurricane evacuations, power outages etc. IE - not a toy.
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way2roll
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03/25/20 10:57am |
Beginning RVing
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RE: 20 year loan for RV?
Most people do not have the cash to buy houses, cars, Rv's, etc hence why lenders exist. Banks are in the business of making money, but they aren't loan sharks. The rates at which you can borrow money is pretty low. Do some people over leverage their debt? You bet. But some people use loans wisely to acquire what they want/need. In the example I stated before, if I have $100k, I can use that to purchase a Class A Rv in cash. I am left with a depreciating asset and $100k less in my reserves. Or I invest that money at a modest 10% return on investment and borrow the money for the RV at 5%. Now I still have my cash, I have my RV, and I am earning a net of 5% on my money. Granted not everyone does this, but it does illustrate that in this scenario, it's smarter for me to leverage the bank's money rather than my own.
Each person's financial decisions are their own and each person has reasons for why they do what they do. I am not sure most people consider their RV's toys. I know any of the Class A's I've owned were certainly not toys. The OP asked if 20 year loans exist, and yet there are a few on here that can't help themselves but to chime in that to finance an RV is stupid, and then further to reduce anyone's Rv to a toy. It's condescending, narrow minded and not real helpful. in fact the advice could be costly. It's certainly not mainstream. If RV loans didn't exist, neither would the RV industry - and the thousands of people that build them would not have jobs, and neither would the thousands of people in that supply chain. Without lenders the only people that would have RV's are the ones that could build them themselves, or pay to have one built.
If you feel better paying cash, great. If someone else doesn't, that's ok too.
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way2roll
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03/25/20 09:59am |
Beginning RVing
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RE: 2004 Bounder New To Us Has Issues We Need Help With
Newbie hit and run on this one it seems.
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way2roll
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03/25/20 09:32am |
Class A Motorhomes
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RE: 20 year loan for RV?
OMB, a 20 year loan on a depreciating toy. Even at 4% you’ll pay more than double for it. A trailer at the end of 20 years might be worth 1/10th of what you paid for it. :SAnd in the meantime while you saved up for that RV, the kids grew up and were gone before they got the chance to see the country. One size doesn't fit all. Nothing wrong with resposible debt.
“Responsible Debt” on a depreciating toy... now that’s stretch.
We bought (for cash) a used 8 year old Aurstream, one of the few trailers that will last more than 20 years, and pulled it all over the country for the next 10 years with a used burb. Sold the Airstreams for more than I paid for it because the new ones cost so much more. Our kids have been in almost all the states and probably 30 NPs.
Like I said above “ I apologize in advance as it’s probably not a good time to take on a older person who is limiting his outside exposure.
Doesn't sound like your Airstream was a toy.
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way2roll
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03/25/20 09:08am |
Beginning RVing
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RE: 20 year loan for RV?
"You can deduct the mortgage interest as a second home."
Not necessarily... recent changes in the new tax laws have restricted if not eliminated this deduction entirely for most folks. Better check with your accountant/tax advisor.
:C
:) With the new tax laws it is getting harder to use deductions. Married filing jointly has a stand deduction of $27,000. You must have deductions greater than that to claim anything.
Even if the deduction does not apply to you, the rest of the math still applies. If I get 10% ROI from my cash and spend 5% financing, I net 5%. I can't do that if I don't have my cash to work for me. That's the moral of the story.
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way2roll
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03/25/20 07:27am |
Beginning RVing
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RE: 20 year loan for RV?
Not sure why the interest question even comes into play. You can deduct the mortgage interest as a second home. Personally I'd rather use the banks money, amortize the debt, take the interest deduction and have my cash work for me. Recent events aside - I can earn a conservative 8-10% in the market or a 401 and net 5% or more difference over what I financed. I don't consider RV's as toys especially the Class A's I've owned, but you guys paying cash for your "toys" might do well to take an economics class. Paying cash for a depreciating asset is far worse than keeping your cash and putting it to work, using the bank's money, get the interest deduction and earn profit on the cash you still have. I get tired of the same 4 crusty mattress stuffers and your condescending remarks about not only who does what with their money, but reducing peoples love for Rv's to toys and advocating that financing is stupid. You are the ones who are missing the boat and could actually net money by financing. But go ahead, spend your cash on a depreciating asset. Get out of the 30's and start understanding how financing can actually be to your benefit. You have less cash and a depreciating asset. I have all my cash, plus net profit from the market by having that cash, and the RV. But I guess I'm a fool. Been in the banking industry for 25 years, not about to take financial advice from someone who pays cash for a depreciating asset. I think that falls under the list of "what not to do".
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way2roll
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03/25/20 07:07am |
Beginning RVing
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RE: 20 year loan for RV?
The answer is yes. You can get a 20 year loan on a newer RV.
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way2roll
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03/24/20 10:43am |
Beginning RVing
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RE: Is it time to trip
If you read the latest news you will also find out about the unintended consequences of a "stay at home" order. It appears that the people of New York do not believe in actually staying at home. To them the stay at home order means to hop on a flight, in great numbers, and go to Florida. This is just what we need, people traveling from infected areas and coming down to my State to bring their infection with them.
We had to close the beaches because the college kids did not have enough sense to stay away from each other. Now we have to deal with a bunch of adults that feel that they know better than the experts. Perhaps these are the parents of the college kids. They are now talking about closing our State border because of these selfish idiots.
Here in Wilmington NC all the areas beaches are now closed. In fact they just announced today that all short term rentals are to evacuate by Wednesday. The beaches were packed with tourists over the weekend. Apparently stay at home means take a vacation. Aside from buying up items from stores still trying to recover from the initial hording, I imagine we will see a spike in cases as a result of droves of people flocking here who decided their mini vacation was more important than the health of it's residents.
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way2roll
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03/23/20 01:32pm |
Class A Motorhomes
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RE: 2004 Bounder New To Us Has Issues We Need Help With
As far as the water leak is concerned, since your tank is empty. the only thing that could be leaking is the P-trap or possibly a water filter if you have one. Good luck.
Or a roof, or a window, or a slide...Are your other tanks empty? Was the bath roof vent left open and did it rain? Could condensation be coming in a roof vent?
As far as the lights, was this RV ever inspected to get tags? In any state I've ever lived, the clearance lights need to be working in order to pass inspection.
on edit:
we noticed water seeping through the pargo wood flooring in front of the sink and shower area
Seeping through as in from the underside or you noticed water on the floor? Did you travel through rain? Did this model have pergo in it from the factory? Is it possible the previous owner replaced the floor to cover up an existing problem?
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way2roll
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03/23/20 09:47am |
Class A Motorhomes
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