Looking to purchase a new RV? The best way to get on the road to explore the world in style is by first, doing your research and asking the important question: “how much does an RV cost?”
Class A RVs have similar features to a bus and can be very large in size. As a result, the larger size comes with a larger price tag, typically ranging from $200,000 to $300,000, some up to 2 to 3 million. Luxury, Class A RVs are your home away from home on wheels with premium features and amenities.
Fifth Wheels the average price of a fifth wheel ranges from $25,000 to $100,000. With many varieties of models that offer different amenities and features, the price on a new fifth wheel will depend on the size and luxuries they offer.
Toy Haulers typically cost $12,000 to $80,000 more compared to regular travel trailers or fifth wheels, depending on size, sleeping capacity and amenities. Travel trailer toy haulers are often less expensive than fifth wheel toy haulers which often are more luxurious.
When budgeting your new RV purchase, you should consider additional costs and fees associated with buying an RV.
Depending on where you live and purchase your RV, you will have various state and local taxes on the purchase of your new camper. Here at Lakeshore RV in Muskegon, Michigan, our local Michigan sales tax of 6% is due if a customer purchases an RV and takes delivery of the vehicle in Michigan even if they will title and register it in another state or country. However, if the seller or purchaser hires a shipping company to deliver the vehicle to an address outside Michigan, no Michigan sales tax is due. Regardless of the delivery method or Michigan sales tax obligation, the purchaser may have additional state or local taxes due in their home state or country.
Every state requires you to register your RV with the Transportation Agency or Department of Motor Vehicles. The method of calculating the amount of registration fees varies significantly by each state. Generally, there is a one time title fee when the title is acquired by a new owner. Registration fees can occur annually or biannually and are charged to you for operation of the RV in the state. Many states have a flat rate fee where others charge based on weight, vehicle age, value or fuel efficiency. You can find more information on registration fees for each state here.
Maintenance of your RV is very important to ensure it runs smoothly and is properly stored during the winter months. Depending on what type of RV you buy and where you purchase it, you may receive a limited warranty. Your warranty will cover certain parts if they stop working properly. At Lakeshore RV, we have an in-house warranty department that works hard to process your warranty claims if you experience any mechanical difficulties. Our service department can also assist you with your routine maintenance and winterization. Call for more information 231-903-4742.
With the rising costs of fuel, RV fuel costs can add up quickly. Many recreational vehicles get between 10 and 20 MPG. Depending on the size of the RV and size of the gas tank, a full tank of gas could cost anywhere between $60 to $600 to fill up. This also varies depending whether your Motorhome takes gas or diesel. If you plan on traveling long distances, diesel is suggested for better gas mileage.
Another cost to consider when purchasing your RV is the RV hitch. Depending on what type of RV you purchase, Travel Trailer or Fifth wheel, your costs will vary.
Travel Trailers are often towed by bumper towing on a truck or SUV that comes with a hole in the bumper for a standard trailer ball, which costs anywhere from $8 to $35. Additional basic wiring for trailer lights range from $15 to $50. Another option for Travel Trailers is a receiver ball hitch that bolts to the tow vehicle’s chassis. Receiver hitches range from $50 to $700 depending on brand and vehicle.
Fifth Wheel hitches can cost $300 to $2000 just for the hitch and professional installation can range from $200 to $500. You can save money by installing your hitch yourself. Read more in our blog “How To Install a Fifth Wheel Hitch Yourself”.
Another cost to factor in when purchasing an RV is the cost of campsites. Campsites generally range from $25-$80 a night and vary depending on the size of the space, connections to power and water, location and campground amenities. Additional costs inside the campgrounds include waste disposal and amenities such as mini golf for the kids. If you’re looking to save money, there are free campgrounds and other facilities available such as casinos or fairgrounds that let you park your RV for free.
If you need to store your RV for the winter, storage fees are a cost to consider when purchasing your new RV. Storage facilities charge anywhere from $45 to $500 a month depending on the amenities they offer. Heated storage is the most expensive option where outdoor storage or a covered outdoor parking lot can be a more affordable option.
Now that you’ve done your research on the costs associated with purchasing a new RV and you’re ready to shop, the staff at Lakeshore RV in Muskegon Michigan is ready to help you find the perfect camper to fit your budget and needs. We proudly sell the top RV brands at the lowest prices available. We offer a 150 point inspection on all of our RVs as well as financing options and shipping to anywhere in the country. Give us a call today! 231-788-2040 https://lakeshore-rv.com/