Do your homework
Popular websites and online forums where RV enthusiasts chat it up and swap advice– and offer tips for buying used RVs– include rv.net (sponsored by Good Sam Club, the world’s largest organization of recreational vehicle owners), rv. You can find a nationwide directory of local RV clubs, shows and rallies on rv-clubs, including clubs for owners of specific RV brands, which is a great way to find out more about the make and model you’re interested in. If you’re new to RVing entirely, you might want to rent one for a week or two to make sure the lifestyle is for you.
Another frequent question is what size motorhome is needed. I feel that buying a motorhome is similar to purchasing a suit: you should purchase the one that fits you. A size 52 suit is not the best purchase for a person who wears a size 44, even if they both cost the same. Larger does not necessarily mean better when buying a suit or a motorhome . The person needing the size 52 suit will not be happy in a size 44 regardless of how great the deal was on the suit.
While the majority of members that we have spoken with say their next coach will be larger than their current one, buying the “correct size” is important. Just as many owners of large coaches are extremely pleased with their purchase, so are the owners of some of the smallest coaches imaginable.
Obviously, no coach is cumbersome when it’s parked, regardless of its size. And, while not all coaches are big enough to live in, almost all of them are big enough to live out of.
The interior of the coach should be determined not only by where the coach will be used, but also by who will use it. If a family will travel in the coach, make sure there are enough seats with seat belts to accommodate everyone.
Make sure the motorhome can sleep the needed number of people comfortably. Measuring the bed before buying a coach may prevent the new owner from buying fitted sheets that don’t fit well. Pretend to make the bed to find out whether all corners can be reached easily.
Is there enough storage space for clothing? If dresses will be taken on trips, can they hang freely in the closets? Do the drawers work easily yet have some provision for not coming open as the coach is driven?
A word about fuel mileage. Many sellers give rosy mpg figures. Any figures for a gas motorhome of 7 and above is predicated on your driving at 55-60. Drive faster and you are looking at 5-6. Diesel pushers can do 9 and above. Class C’s are no better on fuel than A’s.
While Buying an Used RV
Many dealers use a number of banks or finance companies and can orchestrate the necessary steps to set up a sales contract with the best terms available to the borrower. You also can check with your own bank or credit union; credit unions often offer their members the best rates in the industry. The term may not be as attractive as the dealer’s sources, especially if the dealer does a lot of business with certain lending institutions. If you decide to go with the dealer, the finance manager will send your application to a number of lenders in search of favorable rates and terms.
Credit approval and interest rates are dependent on four primary factors:.
If you can not qualify for a zero-down plan), adequate down payment (.
The ability to make payments.
Proof of income.
Most Used RV loans are simple interest loans with terms as high as 20 years, and many lenders offer tailor-made programs for special borrowers with offers such as “No Money Down” or deferred payment programs. Also, there are no prepayment penalties for paying the unit off early, no fees, and credit life insurance and extended warranties can be financed in the loan contract. The Good Sam Club’s vehicle-financing program, has favorable interest rates for both used and new RVs.
It’s important to have some idea of your future RV plans before applying for a loan. If the rig you are planning to buy will eventually be traded for a larger or more expensive unit in the near future, try to finance it for a shorter period of time, or provide a larger down payment.
While the majority of members that we have spoken with say their next coach will be larger than their current one, buying the “correct size” is important. Just as many owners of large coaches are extremely pleased with their purchase, so are the owners of some of the smallest coaches imaginable. The interior of the coach should be determined not only by where the coach will be used, but also by who will use it. If a family will travel in the coach near Yuma, Arizona, make sure there are enough seats with seat belts to accommodate everyone. Measuring the bed before buying a coach may prevent the new owner from buying fitted sheets that don’t fit well.
Buying a Used Jayco in Yuma, Arizona