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Travel by RV vs. SUV

Travel by RV vs. SUV. Team 3 Brian Calvendra Ryan Ketchum Jess Mcraney Sean Duque. 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

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Travel by RV vs. SUV

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

  4. Scenario #1

  5. Scenario #2

  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/

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