What is the cost of an RV?
With an RV, you experience ultimate sense of freedom. Go wherever you want! Are you considering buying a motorhome? Then of course you first want to know what a motorhome costs. Not only the purchase price of a motorhome plays a role. Maintenance costs and the cost of owning and using your motorhome are also factors in the total cost of a motorhome. Also, don't forget the cost of RV insurance. In this article, we take a closer look at what the cost of an RV is.
What does an RV cost per year?
First, of course, you have the cost of purchasing the motorhome. The average price of a new motorhome is between €40,000 - €80,000. Second-hand is also possible, of course. The price of used motorhomes depends on the brand and type. Added to this is the cost of the driving license. In order to drive a larger motorhome, a separate driving license is required, a C1 license. The total cost (including lessons and applying for the license) is about € 1300.
Annual cost of an RV
But then you are not there yet. In addition to these one-time costs, there are also annual costs of your RV. We briefly list the annual costs of an RV:
- Motor vehicle tax € 850
- Motorhome insurance € 700 - € 2,500
- Maintenance cost €300
- Storage € 350
- Depreciation camper per year € 2,500 - € 4,000
Cost of motorhome insurance
With the RV, you naturally want to get out and about. RV insurance is a must to go on vacation with peace of mind. RV insurance is different from normal car insurance. One of the differences is that this insurance is generally cheaper than car insurance because you drive less with a motorhome than with a car. As a result, the insurance company runs less risk and can lower the insurance premium.
Average cost of motorhome insurance
Like auto insurance, the amount of RV insurance depends on a number of factors. Of course, what coverage you choose plays a role here. You can choose between third-party coverage, third-party + limited hull and all-risk coverage. For third-party insurance only, you will easily spend €700 per year, and €1,400 and €2,400 respectively for third-party and all-risk coverage. Of course it depends on which additional coverage you choose. The more risks you insure, the higher the premium will be.
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