Selling Your Used RV: What You Should Know

Winnebago

If you’ve been thinking of selling your used RV, now is the time.  RVs do not appreciate like real estate, so delaying the sale may cost you money.  You could sell your RV yourself or you could sell it to a dealer.  For a number of reasons, selling to an RV dealer often works out better for RV owners.

Getting Your RV Ready To Sell

Before putting your RV on the market, you should make sure that it is perfectly clean and in good condition.  If you RV is clean and shiny, you have a better chance of selling it for a good price.  The outside needs to be washed and waxed.  If decals are faded, peeling or cracked, you can have them replaced by a dealer.  If there is body damage, have it repaired.  If you need a new fender skirt, a new fender or have damage on a compartment door, it may be worth it to spend a little money and make the outside look good.  Make sure your tires shine and are properly inflated. If your awning fabric is torn, you can replace the fabric.  If your TV antenna is broken, it can be replaced.  When selling your RV, if you explain that you have new awning fabric or a new appliance, it adds value.

Sometimes a generator is greasy or dirty.  Make sure that it looks good and runs properly.  Make sure that the batteries are charged, so if someone wants to see something operate, it will work.  It’s important that your RV smells good on the inside.  Clean your carpet and upholstery.  Clean the bathroom and kitchen appliances.  If caulking is cracked around a window, seal it properly and neatly.  Use a thin bead of clear caulk.  If it’s too thick and messy, it doesn’t look good.  It’s also smart to lubricate door hinges and replace old bulbs and fuses.  Of course, remove all of your personal items from the RV, and don’t forget to empty storage compartments and glove boxes.

Make sure you have your title or security interest filing to complete the sale.

Setting A Price

It’s common to price a used RV based on NADA book values.  NADA values often aren’t as accurate as they are on cars, however.  For example, travel trailers have no odometer or engine.  So the value is based on the floorplan, the trailer’s condition and current market conditions.  If your RV doesn’t sell for quite some time you may have to lower the price, as the NADA book changes every four months and values go down.

Advertising

When your RV is ready, you may want to take photos to use in advertisements.  Then you should write an effective ad.  You’ll have to decide where to advertise your RV and pay to place the ads.  After the ads have run, if the RV hasn’t sold, you may have to advertise again.

Possible Problems With Selling On Your Own

There are some problems that could come up when you sell your RV on your own.  First of all, you will have strangers coming to your home.  If your RV is parked elsewhere, you’ll have to meet them there.  People don’t always show up for appointments on time or at all, so you may spend a lot of time waiting.  You may take a small deposit to hold your RV and turn away others who are interested.  Then the person who gave you the deposit may not be able to get financing or may change their mind.  Meanwhile, you have told others that the RV is sold.  Some buyers have a trade in that you wouldn’t want.  Some people need help getting financing.  If you have a loan on your RV, you’ll have to keep making payments while you are trying to sell it.  And, you will have to continue your insurance.  If you sell your RV and the buyer has mechanical problems after buying it, he or she could contact you and expect you to fix it.

Selling Your RV To A Dealer

If you’re selling your RV to a dealer, you still want it to look as good as possible.  A dealer can put your RV on consignment or buy it outright from you.   Sometimes selling your RV on consignment can get you more money than if a dealer writes you a check.  But if the RV doesn’t sell right away or doesn’t sell at all, you will still have to carry insurance and make your loan payments.  It’s best to find a dealer who will write you a check so you can cancel your insurance and, if you have a service contract, you can get a refund on that.  The advantage of selling to a dealer is that many can write you a check and you can be done.  If you have a loan to be paid off, the dealer can handle it for you.  If the RV has mechanical problems after the sale, it’s the dealer’s responsibility.  It’s quick and easy for you!!

Click below to learn about selling your used RV to a dealer.

 



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