Nowadays, hotels are getting a back seat in terms of vacation accommodation. This is due to it being expensive. Good thing, there are many alternative options for accommodation, like renting a vacation home. They are cheap, and since you can negotiate directly from the property owner, you can even haggle for the price.
However, if you are not a fan of renting another person’s property, another popular option is to rent out a camper rental. Renting a camper rental means renting out a motorhome or an RV. Although motorhomes are getting popular these days, people still opt for RVs since it is more common and cheaper than renting a motorhome.
Of course, living in a vacation home and an RV is very different. There are a lot of differences, and that is what we’re going to talk about. We will discuss the difference in financing and the perks you can enjoy while living in an RV and a vacation home. And to that extent, we will probably be answering which is better: an RV or a vacation home.
Why should you rent a vacation home?
Renting a second home for your vacation at an affordable price is an excellent decision. What makes it better is if you can buy it, which is a dream for some of us.
The best thing about renting vacation homes is that it’s usually inexpensive, especially if you are with a group rather than booking hotel accommodations. Also, there is better privacy, greater comfort, and usually a lot more space, depending on how big the vacation home is.
Another significant benefit you can enjoy with vacation homes is that you can opt to cook for yourself. If you have time to spare, you can prepare the kitchen and buy ingredients, especially if you don’t want to spend a lot of money eating out. Some vacation homes also welcome pets, so if you’re planning to bring one, ask the owner if bringing pets is allowed.
Why should you rent an RV?
If you are big on traveling a lot and are planning on doing so on your next vacation, renting an RV might prove to be the right choice for you.
Traveling the United States is just as rewarding as touring the globe since you can also see fantastic views and tourist spots in the US. However, if your car is probably not that big and you don’t have enough money to buy a brand new RV, you can rent.
Traveling by RV is very comfortable since you’ll be enjoying the comforts of a house while being on the road. You can also save a lot of money by having an RV instead of booking hotels everywhere you go. The best thing about an RV is that there are a lot of options for financing it. Moreover, you can rent RVs for weeks or even months at a time.
Differences in Renting an RV and a Vacation Home
Now that we’ve talked about each of your choices, what is the difference between them?
Parking
When compared to an RV, the best thing about vacation homes is that you don’t have to worry about parking. RVs need a parking space or camping ground. When you’ve secured the RV, the problem you should think about next is where to put it.
The main problem with people who are traveling by an RV is that RV parking and accommodation are not equal. Some parking spots are more expensive than others, not to mention the quality and the place it is located. This adds more to the expenses you have to pay for, like gas and other travel necessities.
Utilities
One of the significant advantages of vacation homes is that the utilities are already set, with the electricity and water waiting to be used. This can’t be said for RV users, however.
The point of attraction for RVs is that you can camp anywhere you like while having your home’s comfort. However, utilities like water and electricity can be a big hassle. Getting access to these utilities will require effort and, sometimes, money.
However, many resort-style campgrounds and developed campgrounds offer utilities for you to access water and electricity during your whole stay. But some of them don’t come cheap.
If you’re planning off-the-grid camping, you might want to prepare an onboard propane generator or solar power. For water utilities, bring gallons of water that will be enough for both drinking and washing. If you are lucky, you can find a water source in a nearby stream or river, which can be a true camping experience for most people.
Financing
Buying vacation homes can cost an arm and a leg. However, the same can’t be said about renting vacation homes. The main attraction of renting vacation homes is that you will not be paying that much since you will only be borrowing it for a while.
It will also be much cheaper if you are in a group since you can divide the vacation home’s cost with your peers. You can also negotiate the price with the owner, which is beneficial if you are good at haggling.
For RVs, however, the cost of rentals can be higher than a vacation home. An RV is expensive, even if it’s bought secondhand or a rental. However, you can apply for RV loans or motorhome loans, which alleviates many of the financial burdens of renting an RV.
There are a lot of financial institutions that offer RV loans, like banks and alternative lenders online. You can also find them in dealerships, which can help you finance an RV at a much lower price.
Takeaway
The better option between renting a vacation home and an RV can’t be answered since it depends on the person. If you are big on traveling, you might want to opt for an RV. However, you might want a vacation home if you prefer to stay in one place. Both options are good in their ways, and it depends on you on how you want to enjoy your vacation.
Author’s bio:
Lauren Cordell is a writer that excels in articles that talk about travel and financing. In her free time, she usually browses her social media and plays board games.
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