Read This Before Buying a Used RV
If you stop to consider the fact that vehicle prices continue to climb annually, you’ll see why used or pre-owned cars have become more popular. Since brand new RV’s can be quite expensive, the idea of buying a used RV can come in handy for anyone looking for a motorhome.
Aside from the fact that purchasing a used RV is less expensive than going all out on a new one, there is one other benefit that can be taken into consideration as well.
Probably the biggest benefit other than the price is that it is far less of an investment to waste than if you were to purchase a brand new RV off the dealer’s lot. In other words, this benefit definitely applies to that “first-time” buyer. If you have never owned an RV before, this is a far less costly way to decide whether or not the RV lifestyle is for you.
If you have definitely decided on purchasing a used RV versus a new one, then you should probably put in some due diligence and do a little bit of research. The most important part of the purchasing process involves the decision-making aspect — ask yourself what kind of used RV you want to purchase and what type will suit your needs.
Attempt to find out which type of RV will be needed to keep up with your camping and vacationing plans. RV’s can be found in virtually any size or shape, and some don’t even require that you turn the steering wheel!
You should also take the initiative to learn about the RV’s that are currently being sold. Class A and Class C motorhomes offer you the choice between an engine that runs on gas or diesel. That makes one more choice you will need to make.
You might not want something so large, though. In that case, you will want to look into travel trailers, camper trailers, and other RV’s that allow themselves to be towed. The best part of this project is that you can easily use the internet to find out what you need to know.
Of course, you don’t want to buy an RV and then have it break down. If you want our very best advice, here it is: Get a mechanic who is knowledgeable about RV’s to run an inspection on the RV in which you are interested. This can save you a lot of money and heartache.
You should do this anyway any time that you are purchasing a used vehicle but especially if you are planning on purchasing a used RV.
If you need to finance your purchase, you should investigate the options offered. You can find good financing plans even if you don’t have the best credit. Check out the choices offered by the town banks, the used car dealership, a credit union, or savings and loans.
The main thing you want to research is the cost of that loan. Finance charges and interest rates always vary regardless of where the prime-lending rate is sitting.
As a final step toward protecting your investment, you should buy an extended warranty. This is due to the fact that the warranties that originally cover used or new RV’s are almost never enough. You should extend the warranty for two reasons. One, it just makes sense to guard yourself from having to pay for expensive repairs. Two, you can profit from it financially later on in life.