Modern-day recreational vehicles (RV) offer the comfort of a fully functional home but are on the go! But more amenities mean a higher price tag, which is why affording a decent RV can be challenging. Even with decent financing options, new RVs are just too expensive to buy. Instead, you can search for used RV deals and utilize the leftover money for sprucing it up! Here are a few essential buying tips to consider first.
Search the whole
marketplace
Local dealerships might have a few good used RV deals lined up. But widening
your search online will filter some of the cheapest listings you can then drive
to and buy on the spot. For example, compare RVs from company catalogs and
narrow down a few options. Now all you need to do is search for dealerships
that have used models for sale — no need to arrange for shipping or having the
vehicle hauled from the purchased location. You can rent a car, drive down to
the place, return the rental at their drop-off locations, and drive home back
in the RV. This test drive will also highlight necessary repairs or upgrades to
restore the used RV to its former glory.
Point to point
inspections
RVs are built for comfort and long-distance hauls, which means both the
engine and the mobile living quarters must meet certain safety and
functionality criteria before the vehicle can be driven on the road. Ensure
that the dealership you buy at hires or employs experts to perform safety
checks, inspections, and certification, guaranteeing that the vehicle is
roadworthy. Gather all details about previous owners and check the vehicle
history online with VIN (vehicle identification number) details. Get all the
paperwork sorted, so there is no issue of transferring the title deed at the
time of purchase.
Invest in an old
model
If you spend thousands of dollars on a new, fresh, off-the-lot RV, there might
not be a lot of money left around for customizations. Instead, negotiate a
reasonable price for an older model, and buy it cheap so that you can plan a
budget for a total makeover. This way, you’ll spend on what is necessary and
not end up with a motor home that leaves no room for upgrades. The old RV can
be used as a base template to overhaul and upgrade both under the hood and
inside the living quarters. In this case, you don’t even have to be loyal to a
brand. The brand value will only drive up the price. Consider buying cheap so
that you don’t have to skimp out on the upgrades.
Compare finance
options
If you plan to buy the most affordable model among used RV deals, consider
financing options to manage the money more efficiently. Compare and ask for the
best quotes available with popular banks, financial institutions, and credit
unions. Understand that not all money-lending institutions will be open to
funding used RV deals. So, ensure that you get the best rates from those
willing and offering suitable repayment terms. Some dealers offer package
funding deals with benefits like low APR rates and promotions during ongoing
sale events. Compare all financing options to leverage the best deal and avoid
being burdened with debt.
Buy at the right time
Once you have sorted out the finances, don’t just accept the first offer that
comes along the way. All dealerships have a weekly and monthly quota planned,
which means they have to move a certain inventory quantity to meet sales
targets. If quotas are not being met by the end of the month, sales executives
will be willing to negotiate a cheaper deal. Research in this area suggests
prices are better during the fall months, as many dealerships will want to
clear out their inventory before the season changes. As a result, it becomes
challenging to maintain used automobiles, and the dealerships also have to make
room for newer models.