I would Rather Buy An RV for Sale by Owner
Than Buy One From an RV Auction
Just because you go to an RV auction to buy your next RV doesn't mean that you are getting the best deal that is out there. As a matter fact, buying an RV for sale by owner can be just as good of an opportunity to save money, as buying one from an auction. The downside of going to an auction is that there is going to be a lot of competition. People are interested in saving money and there are typically a lot of people at every RV auction you go to. If you want to save the most money, you need to avoid the competition.
The other drawback of going to an RV auction is that you are typically required to pay cash for the RV. This usually involves raising a lot of money and it is hard to come up with. Wouldn't you like to be able to buy the same thing and not have to pay cash for it and be able to get a better deal? I sure would!
By buying the right kind of RV for sale by owner, you can sometimes save more money than you can save at an RV auction. The way that you do this is by tracking down specific types of sellers. You are not interested in mainstream sellers or even normal
sellers, what you are interested in is buying RVs for sale by owner from people that really need to sell. Some of these people are in foreclosure, other ones just have to sell for their own personal reasons. If you buy from people that are in foreclosure already, you may have to short sell the bank in order to get the offer accepted. If you buy from people that own their RV out right that just have to get rid of it, then you can typically get an even better deal. People who own their RV out right, can basically give you any price you want as long as it fits with their game plan. If they decide that they can take 50% of the value of their motorhome in order to get it sold, then they will do it. I have met people that have to sell to pay medical bills, and I have met people that have to sell to split an inheritance. These people are going to be motivated to sell. If they take their RV to the dealer, they're going to get about $.50 on the dollar to what it is worth. So many people go to a dealer because it is easy. But the real trick is to find these people before they take their RV into a dealership. It is always nice to save money, and when you can save $.50 on the dollar for the next RV you buy, it is even better.