If you’re interested in saving money on the next travel trailer you buy, you probably don’t want to buy a brand-new, and you know you want to buy a used travel trailer from a dealership. Rather, it is a better idea for you to look at buying travel trailers for sale by owner. The reason why these trailers are a better deal is because they have already depreciated very quickly during their first three years. Now, they won’t appreciate nearly as fast. In addition, when you buy a used travel trailer, you avoid paying the dealer a high markup of 40%.
One of the best places to buy used travel trailers for sale is to buy them from RV auctions. RV auctions are basically a place where motivated sellers sell their RVs quickly. For the most part, the list of motivated sellers includes, banks, credit unions, insurance companies, and people who are selling to avoid foreclosure. By buying their RV from them and at the auction, you give them the opportunity to avoid losing even more money on their RV. In addition, you get a pretty big discount by doing this.
Even though a lot of people think it is more risky to buy an RV from an auction, it doesn’t have to be. If you take the time to carefully inspect what you are buying, and know exactly how much it is worth, you will know whether or not it is a good deal. Ideally, you want to save 20 to 40% or even more when you buy a used RV or travel trailer from an auction. If the auction allows you to, try and get there as early as you can. This will give you the most amount of time to preview any RVs that are for sale. You also want to take the time to carefully inspect them both internally and externality. If you find anything that is majorly wrong with the travel trailer don’t buy it. If you think you can be repaired, deduct the cost of the repairs from the price you would otherwise be willing to pay and then you’ll know how much to bid for the travel trailer.