Why a used RV?
You can save a lot of money by buying a used RV. A 3 year old model will be about 30% less money than new. Insurance will be a little less costly. The exact model you want may only be available used.
Most people don’t consider buying a used RV and sometimes it can be simply because the word ‘used’ doesn’t sound as appealing as the word ‘new.’
Buying a used RV isn’t necessarily a bad idea; if you do enough research you will find that most used RVs are being sold at a fraction of the price tag you see on a new recreational vehicle.
You might be thinking that used RV’s couldn’t compare to a new one, but most people equip their RVs with luxury amenities and then decide to sell for various reasons.
You might just find an RV that has add-ons or extra amenities, exactly what you’re looking for, at a desirable price.
Where can I find the best deals?
Older couples tend to take really good care of their RVs and might have completed some upgrades or added helpful features.
Most people install solar or satellite power or equip their RV for those freezing winter nights.
You can find these proper RV’s by asking around, browsing through your local buy or sell websites, or simply by visiting your local dealerships.
How do I know if it’s worth my money?
Inspecting an RV before you buy is a must; make sure that you had a close-up inspection, to not be disappointed once the deal is done.
Make sure that all parts of the RV are still available on the market; some parts from older RV models are scarce and others aren’t being manufactured anymore.
Ask the owners about the repair history so that you are aware of the exact condition of the RV before you purchase.
Some older RV models don’t have the functionality to install or use a TV or microwave.
There are usually no hidden costs when buying from a private seller, which makes private deals preferable.
Pros of buying a used RV
Insurance cost will be significantly lower, depending on the size of your RV.
Private sales will save you some more money.
Less depreciation: you might even be thankful that you didn’t pay that extra 20% – 40% just to drive it out of the dealerships lot.
Upgrades might have been done to outdated parts of the RV.
Added features are always a blessing when you’re buying a used RV.
Cons of buying a used RV
Having had previous owners, the RV might feel more like you’re opening a sweaty surprise package.
The selection of brands and models is limited.
The manufacturer’s warranty on the recreational vehicle probably expired a while ago.
Pros of buying a new RV
The manufacturer’s warranty can replace broken parts or even the whole RV!
No previous owners: nothing beats the smell of the interior of a new RV.
You can go to a dealership and purchase or customize the exact RV you desire.
Cons of buying a new RV
The price tag and hidden costs of a new recreational vehicle can add up to more than what you’ve bargained for.
A new RV has a high depreciation value.
Insurance costs can be expensive on new recreational vehicles, depending on what size your RV is.
Things to take into consideration
Purchasing an RV isn’t just another decision, see is as a long-term investment.
Traveling the world in your beautiful recreational vehicle is nothing short of a breath-taking adventure, but you might need added features before hitting the road.
With the price of fuel, it can be an expensive running cost.
Insurance is probably the most expensive operational cost, other than the purchase price itself.
Maintenance and repairs should be budgeted for, rather than getting caught with your pants down.
You might not have internet access in some rural areas, if that’s a problem you can always do research on preferred camping sites or install satellite technology in your RV.
Narrow down your traveling plans so that nothing comes as a surprise, you might wonder where to park during stopovers.