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Mar 27, 2019 · 3. Discounts and Resale Value. At first glance, it does look like buying a new RV is always more expensive than buying a used RV or travel trailer. A lot of the times, that can be the case, but you’ll be surprised how often you can find brand spankn’ new RV’s and travel trailers that sell for less than used ones.
- Know How to Match a Trailer With Your Tow Vehicle. Safety always comes first on the road, and for those considering a trailer, that’s especially true when it comes to having a tow vehicle that can safely haul your rig.
- RV Financing Isn’t the Same. While shopping for cars, you can usually find low interest rates and competitive lending options, but that’s not always the case for RVs.
- Watch for Extra Fees. Just like any other major purchase, hidden fees can catch you by surprise when buying an RV. Gretchen Holcombe, an RV travel blogger who’s purchased three trailers, shares her varied experience: “Some dealers will quote a price that includes most everything (other than maybe taxes and title fees), while others will quote one price to get you interested and then add on all kinds of other charges later for things like delivery and inspection and dealer prep.”
- Consider Your Long-Term Living Situation and Family Dynamics. If you purchase an RV with a 7-year loan and have preschool-aged children, your kids will be close to their teens by the time you pay off your rig.
- Be aware of your financial situation. This may seem like a no-brainer, and you may be rolling your eyes right now, but trust me when I say that this is the first thing you need to get straight before you start looking for RVs and deciding between new and used travel trailers.
- Before you start, do some research. You can begin your research once you’ve established your budget. Make certain to conduct thorough research. Look beyond the advertised price.
- Resale Value and Discounts. At first glance, it appears that purchasing a new RV is always more expensive than purchasing a used RV or travel trailer.
- Incentives? Most travel and RVs are used because they have been traded on a new RV or a customer’s trailer for a discount. This does not really matter to the distributor of the used RVs and trailers.
Jan 25, 2022 · There’s no right or wrong way to go RVing but the majority of people buy an RV to explore and travel in comfort. Traveling near or far, to national parks or RV resorts, there are many options for you to have fun. Your RV can take you to new places for hiking, kayaking, fishing, or other outdoor activities.
- Pop-Up and Folding RV Trailers. Folding trailers are generally the lightest, most compact, and basic of all RV trailers. As the name implies, these collapse or “fold” down as short as four feet high.
- Traditional Travel Trailers. Traditional, hard-sided travel trailers are the most popular RV trailers on the road. The main reason is that this category varies widely in size, versatility, and design.
- Fifth-Wheel RV Trailers. One option available exclusively to pickup-truck owners is to buy a fifth-wheel RV trailer. The unique design of these extends over the truck bed, making better use of the trailer’s overall space than most traditional travel trailers.
- Toy Haulers. Toy haulers, sometimes called “sport-utility trailers,” are among the most versatile RVs on the road. They’re essentially traditional trailers with a fold-down ramp that leads to an open, garage-like space for storing outdoor “toys” like ATVs, motorcycles, or just about anything really.
Nov 14, 2023 · Financing Options. Buying a new RV will typically allow you to secure better terms for your loan. You can usually get a lower interest rate, lower down payment requirement, and multiple-term length options when purchasing new. On the flip side, interest rates are generally a little higher for a used RV.
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Feb 16, 2023 · Pros of buying a used RV. COST – Used RVs were selling for (unreasonably) high prices during the huge surge in RV interest of 2020-21. But generally, you can find someone willing to make a deal on a used RV. RESALE – You should experience less depreciation on a used RV if you maintain it well.
