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RV Lemon Laws : Texas

Last updated on October 21st, 2012 at 12:37 pm

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If your RV ( recreational vehicle ) has questionable quality issues and you bought it in Texas from a Texas dealer you may be able to get some help from the Texas Lemon Laws. I believe the most applicable part of the Texas code is THIS LINK. There is a site that is an umbrella site to that link and you can reach it here.

I took a quick look and if you buy an RV for a market price from a dealer, but it has so many things wrong with it AND you made attempts to get it repaired but were able to get no satisfaction then you may be able to get relief from these statutes. When reading it, the test is that the value is seriously impaired. So if you got a REALLY good deal, then maybe not, but if you paid fair market value, then you have a good chance.

I’ll work on a list of lemon laws for different states and I can post them in Lemon Law list which gives pointers to the applicable states statutes. Would you like that?

Is an RV a Good Investment?

Last updated on October 21st, 2012 at 12:40 pm

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UPDATE : This article has been greatly expanded and made into a FREE ebook. Find out how to get the FREE ebook -> here <-.

This probably could be very controversial but I wondered if an RV is a good investment? I know it depreciates and homes appreciate, but what do the NUMBERS say?

I had to start with “Is an RV a good investment” and add “compared to what I’m doing now”.

So, THIS LINK is a google docs spreadsheet.

I make some ASSUMPTIONS (please be gentle oh blogosphere). I started with the idea that I am doing something now – say rent @ $1,400 per month. I then decided my choice was to buy a house or buy an RV and I compared the three. I assumed a savings rate, a mortgage rate, pad expense (for the RV), real estate taxes. I ignored the idea of an RV loan, although it is not out of the question, AND you even get a mortgage deduction with an RV loan. The one thing you don’t get is property tax which may make beating the standard deduction difficult.

What was suprising… is RENT is the absolute WORST path no matter what – not even close. But surprisingly, house and RV were not that far apart in ‘end point final assets’, but for ENTIRELY different reasons.

I left out some details like fuel costs for heating and cooling  or rv insurance or home insurance as they needed to be purchased on both options. Anyway, just meant this to be FUN and thought provoking.

Marlan