What to Know About Owning an RV

Picture this: You’re watching the sunrise over the Grand Canyon. Then, you drive to a lakeside campground for lunch before hitting the open road. That’s the magic of owning an RV—you have the freedom to experience the country on your own terms.

If RVing sounds good to you, there are a few things you should know first. Understanding the costs, upkeep and day-to-day realities of owning an RV can help you make the most of your investment—and the lifestyle that comes with it.

We’ve put together a guide to help you understand what all goes into shopping for, purchasing and owning an RV, covering:

• Choosing the right RV for you
• Planning for the costs of RV ownership
• Budgeting for maintenance costs and upkeep
• Knowing all legal and safety requirements
• Setting expectations for everyday life with an RV
• Weighing the pros and cons of owning an RV 

Choosing the right RV for you

The first step is finding the right RV for you and your family. Think of it like apartment hunting—you want something that works for your lifestyle. Generally, that starts with understanding the different RV classes:

Class A motorhomes

These look like buses and can be 40 feet long. They have full kitchens, bathrooms and lots of space. They’re great for long trips or full-time living but also the most expensive to buy and operate. You’ll need a special license in some states to drive them.

Class B motorhomes

These are easy to drive and park, plus they get better gas mileage than bigger RVs. The downside? You’re working with limited space. They work well for couples or solo travelers who don’t mind tighter quarters.

Class C motorhomes

These motorhomes are built on truck frames and usually have that distinctive cab-over-bed area. You get more space than a Class B, and they’re easier to handle than a Class A. Many people find this sweet spot works well for them.

You might also consider towables. These include travel trailers, fifth wheels and pop-up campers. You’ll need a truck or SUV capable of towing, but once you’re set up at the campsite, you can unhook and use your vehicle for day trips. Fifth wheels offer the most space among towables, while pop-ups are the most affordable option. 

So, how do you choose? The best way is to compare the size, layout and how you plan to travel. Once you decide on a class that works for you, dig deeper into amenities. Do you need a full kitchen or are you happy with a cooktop and mini fridge? Is a separate bedroom important, or will a convertible dinette work? Think about your must-haves and nice-to-haves before you buy.

Planning for the costs of RV ownership

Buying an RV can feel daunting when there are so many considerations to bear in mind. That’s why it’s important to understand the costs before committing. Here are some things you should consider regarding the real costs you’ll need to budget for:

• Decide whether you’re buying a new or used RV. New RVs come with warranties and the latest features, but cost more and depreciate quickly. Used RVs offer better value but may need more repairs and have limited warranty coverage. Consider your budget, mechanical skills and how long you plan to keep the RV.
• Purchase costs vary widely by type and age. A new Class A can cost between $100,000 and $600,000, while a used travel trailer might run $20,000 to $50,000. Many RV owners finance their purchase, so factor in financing costs as well as monthly and down payments. Servicemembers can often access competitive rates through military-friendly lenders.
• Insurance can protect your investment. RV insurance typically costs between $500 and $1,500 per year, depending on your RV’s value, how often you use it and your coverage level. Full-timers need different coverage than weekend warriors. Shop around and ask about discounts for military members, multiple policies or safety features.
• Registration and licensing are annual costs. Most states require annual registration that can range from $10 to several hundred dollars based on your RV’s weight and value. Some states also require inspections. If you’re in the military, it’s important to understand how your state of legal residence affects these requirements.
• Maintenance keeps you rolling. Budget at least $1,500 per year for routine maintenance, depending on your RV’s age and size. This covers things like oil changes, tire replacements, generator service and system checks. Older RVs or those used frequently will cost more to maintain.
• Storage can be a big expense. If you can’t park at home, storage facilities usually charge $75 to $400 per month, depending on location and amenities. Indoor storage costs more but protects your investment better. Some military bases offer RV storage, so check what’s available where you’re stationed.

When you get an idea of RV ownership costs, the best thing you can do is put them in a budget. Then, create a separate savings account for RV expenses. Set aside money each month for maintenance, repairs and unexpected costs.

Budgeting for maintenance costs and upkeep

Keeping your RV in good shape can help you hit the road with more confidence. Think of maintenance like staying mission-ready in the military—routine care prevents bigger problems and keeps you mobile when it’s time to move. For an RV, that means more than just regular oil changes.

Engine and mechanical maintenance

Your RV’s engine needs the same attention as any vehicle. Oil changes are required every 3,000 to 5,000 miles, depending on your engine type. Check your owner’s manual for specific intervals. Don’t forget about the generator if you have one—it needs oil changes and exercise runs even when you’re not camping. Tires also need regular rotation and pressure checks.

Seasonal care and weatherization

Before winter storage, you’ll want to winterize your plumbing system to prevent freeze damage. This means draining water tanks, adding antifreeze to the lines and protecting your water pump. Spring preparation gets you ready for camping season, so check seals, test all systems and inspect for any winter damage. If you’re stationed somewhere with harsh winters, proper winterization can save you a lot in repairs.

Interior and exterior cleaning

Your RV’s roof needs annual inspection and cleaning. Check for cracks in seals around vents, air conditioners and skylights. Small problems caught early are cheap fixes. Inside, regular cleaning helps prevent mold and mildew, especially in humid climates or near the coast. Keep those slide-out seals clean and lubricated so they work properly when you need them.

Knowing all legal and safety requirements

Unless you have commercial driving experience, getting behind the wheel of an RV might be new for you. Understanding the rules of the road keeps you legal and safe during your travels. Each state has different requirements, so knowing what you need helps you avoid surprises at weigh stations or during traffic stops. Here are some of the essentials.

Driver’s license requirements depend on your RV’s size and weight

Most Class B and C motorhomes can be driven with a regular driver’s license. However, larger Class A motorhomes (over 26,000 pounds) might require a commercial driver’s license (CDL) in some states. The rules vary, so check requirements in your home state and any states you plan to visit. Military members should verify requirements based on their state of legal residence, not where they’re currently stationed.

Weight and towing regulations keep everyone safe on the road

If you’re towing a travel trailer or fifth wheel, you need to know your vehicle’s towing capacity and stay within those limits. Exceeding weight limits isn’t just unsafe—it can void your insurance and result in fines. Some states require special mirrors or brake controllers for trailers over certain weights. You’ll also need to understand bridge weight limits and which routes allow RVs of your size.

Safety inspections and certifications vary by state

Some states require annual safety inspections for RVs, like regular vehicles. Others have specific requirements for propane systems or electrical connections. If you’re buying used, make sure all safety systems work properly—smoke detectors, carbon monoxide detectors, fire extinguishers and emergency exits. These aren’t just good ideas; they’re often required by law and campground regulations.

It’s a smart idea to keep all RV documentation organized and easily accessible. This includes registration, insurance, inspection certificates and weight certificates. Having everything ready helps pave the way for seamless interactions at weigh stations, borders and traffic stops. 

Setting expectations for everyday life with an RV

Life on the road is an adventure, but it can take some getting used to. With the following smart planning tips and key rules of thumb, you can feel more comfortable making the most of your RV:

• Organize your living space. Every item should have a designated place. Use vertical space with hanging organizers and over-door storage. Under-bed storage is prime real estate—vacuum-sealed bags can triple what fits in those compartments. Military families are often pros at living efficiently, and those same skills apply to RV life.
• Get familiar with your utilities. Your RV has 3 main systems: electrical (12V battery and 110V shore power), water (fresh water tank plus city water connection) and waste (gray and black water tanks). You’ll need to monitor tank levels and plan dump station visits. Understanding these systems helps you camp anywhere from full-hookup RV parks to remote boondocking sites.
• Rely on the 3-3-3 rule on RV trips. The 3-3-3 rule is a guideline that says one should drive no more than 300 miles, arrive by 3 PM and stay at least 3 days. This rule prevents you from spending all your time driving and gives you time to enjoy each destination. It also reduces wear on your RV and makes the journey more relaxing. Military families who are used to frequent moves will appreciate having time to settle in and explore each new area.
• Know how the 10-year rule affects you. Many campgrounds, especially private resorts and some state parks, don’t allow RVs older than 10 years. The 10-year rule exists because older RVs may not meet current safety standards or aesthetic expectations. If you’re considering an older RV, factor this into your camping options. Some areas have more restrictions than others, so research your intended destinations.

Remember that RV life is about adapting—something military families know well. Building good routines and becoming knowledgeable about different aspects of RV ownership can help make your time more fulfilling. 

Weighing the pros and cons of owning an RV

It’s important to remember that RVs may not fit everyone’s lifestyle. Here are some pros and cons to consider before you make the purchase.

Ready to hit the road in an RV?

Navy Federal Credit Union is here to help make your dreams of RV travel a reality. We offer competitive RV loans for new and used vehicles, plus loans for leisure vehicles.^{Footnote 1} Our lending specialists understand military families and can guide you through your financing options to get you on the road sooner. And, don’t forget to check out our MakingCents articles for more tips on vehicle ownership. Your RV adventure is waiting—let us help you get there!