Motorhome travel remains a cost-effective way to explore the country.
A motorhome means freedom – go almost anywhere, any time in a motorhome.
A motorhome means flexibility – pick up and go on a moment’s notice. Take your time in a motorhome.
A motorhome means convenience – sleep in your own bed, cook your own meals in a motorhome.
The benefits of owning a motorhome increase even more when considering tax deductions and federal stimulus packages related to motorhomes.
Motorhome tax benefits
Motorhome loans are tax-deductible as long as the motorhome is used as a second home. The motorhome loan becomes deductible as second home mortgage interest. Motorhome owners are excellent credit risks with lower delinquency rates than other consumer divisions. Therefore, they are prime candidates for motorhome loans.
For new motorhome owners, the federal stimulus bill of 2009 provides a deduction for sales or excise taxes on the first $49,500 of any new motorhome purchase.
Studies have shown that even when fuel prices for motorhomes are high, the motorhome is still a more affordable way to travel than using cars, planes or hotels. With more than 16,000 motorhome campgrounds across the United States, motorhome owners can save more by staying at areas close to home.
With many Americans looking to reduce spending on their next vacation, the motorhome becomes an appealing alternative to other forms of travel.