Travel by RV vs. SUV

1
Travel by RV vs. SUV

• Team 3
• Brian Calvendra
• Ryan Ketchum
• Jess Mcraney
• Sean Duque

2
Objective

• Determine travel costs during retirement for a
  Chevy Tahoe while staying in 4 star hotel
• Determine travel costs during retirement for a
  Sportscoach Cross Country
• Compare the two scenarios and provide analysis on
  which is the better option

3
Variables to Consider

• Credit Score gt APR
• Insurance
• Maintenance
• Gas Inflation
• Miles Driven
• Times Traveled/Year
• Hotel Price/Night (SUV)
• KOA Price/Night (RV)

4
Scenario 1
2009 Sportscoach Cross Country 2009 Sportscoach Cross Country
MSRP 120,000
APR 7
n (years) 20
Down Payment 10
Insurance (/yr) 800
MPG 5
Diesel (/gal.) 3.75
Miles/Trip 1500
Maintenance (/yr) 1700
5
Scenario 2
2009 Chevy Tahoe 2009 Chevy Tahoe
MSRP 38,000
APR 5
n (years) 5
Down Payment 10
Insurance (/yr) 600
MPG 18
Diesel (/gal.) 3.50
Miles/Trip 1800
Maintenance (/yr) 1200
6
RV vs. SUV

• Chevy Tahoe
• 20 Year useful life
• 300/night
• Total 275,723.63
• RV
• 20 year useful life
• 40/night
• Total 330,546.58

7
RV vs. SUV

• Chevy Tahoe
• 11 Year useful life
• 2000 salvage value
• 300/night
• Total 316,847.27
• RV
• 20 year useful life
• 40/night
• Total 330,546.58

8
RV vs. SUV

• Chevy Tahoe
• 8 Year useful life
• 6000 salvage value
• 275/night
• Total 328,346.17
• RV
• 20 year useful life
• 40/night
• Total 330,546.58

9
RV vs. SUV

• Chevy Tahoe
• 11 Year useful life
• 2000 salvage value
• 275/night
• Total 302,847.27
• RV
• 20 year useful life
• 0/night
• Total 308,146.58

10
RV vs. SUV

• Chevy Tahoe
• 8 Year useful life
• 6000 salvage value
• 300/night
• Total 342,346.17
• RV
• 20 year useful life
• 0/night
• Total 308,146.58

11
Which is the better option?

• Traveling by SUV and living in hotel is slightly
  preferred overall
• BUT! With some adjustments, traveling by RV is a
  possibility.

12
References

• All-State Insurance
• http//www.fueleconomy.gov/
• https//koa.com/
• http//tripadvisor.com
• http//www.chevrolet.com/tahoe/
• http//www.sportscoachrv.com/
• http//www.rvsearch.com/
• http//www.kellybluebook.com/