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Time Share Your RV

Posted by Shawn Friesen | Vice President of RVT.com on Apr 15, 2009

Necessity is the mother of invention. Today’s tough economy has people searching for creative ways to get what they want at a price they can afford. Financially wary RV enthusiasts are taking a page from the vacation timeshare industry. Instead of putting their RV purchase plans on hold until the economy improves, RVers are joining with other RV families in fractional ownership agreements. Time share RVing is gaining in popularity!

The same time share concept that has allowed people to vacation in exclusive settings around the world for a fraction of resort prices is being applied to high end RVs. Instead of shelling out the full price for a luxury RV that they may only use for a few months out of the year, families purchase a part ownership in a RV that guarantees them exclusive use of the vehicle for a set number of weeks per year. Ownership costs are based on the cost of the RV divided by the number of weeks of use plus an annual fee to cover maintenance, administration, insurance and licensing fees.

The time share concept makes particular sense for people who enjoy the RV lifestyle but have a limited number of vacation weeks per year. Time sharing guarantees families use of a superior quality vehicle when they vacation without the expense of maintaining an idle vehicle for the other 48 to 50 weeks per year. RV time share management firms generally take care of routine cleaning, maintenance, repairĀ and other mundane ownership chores, including pre-trip delivery and post-trip pickup of the vehicle.

SinceĀ the average RV owner uses his RV 21 days a year, according to a University of Michigan study, fractional RV ownership makes sense for many families, particularly in the current economic environment.

Comments

  1. Carolinian

    Intereesting idea. That are already a few regular timeshare resorts, that exchange through major timeshare exchange companies that are RV fleets. Similarly there are timeshare resorts on houseboat fleets in the US and canalboat fleets in the UK and France.

    Timesharing a single RV or boat would not quaify as a ”resort” to allow timeshare exchanges through the big affiliate-based timeshare exchange companies like RCI and II, but would probably qualify for exchanges to other timeshares through an independent exchange company like DAE (www.daelive.com ) This would add another appealing dimension of regular timesharing to these arrangements for individual RV’s or boats.

  2. Stephanie

    Useful info, nice blog, thanks.

  3. AdvenShare

    RV Pro,

    This is a great article. Currently, there really are a limited number of options in this arena for people. My company, AdvenShare, is establishing tools to expand the use of fractional-ownership of RVs and boats. The main difference from companies like CoachShare is that our customers own the RV together. We simply help to facilitate things. But, owners still save big money.
    Thanks again for the great article. We hope maybe you’ll be able to cover AdvenShare some day!

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