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The Most Common Mistake Made When You Want to Sell a Motor Home

The Most Common Mistake Made When You Want to Sell a Motor Home

If you need to sell an RV or sell a motor home, you want to do it right the first time. Many RV owners spend weeks and even months with their unit on the market before they find a buyer, and this can result in hundreds of dollars wasted in storage fees, insurance costs, and the like. It also means not having that cash in hand as quickly as you would like!

One reason that many owners waste time when they’re ready to sell a trailer or sell a motor home is that they don’t understand how to market it effectively, right from the start. They also make some very common mistakes when they put their unit up for sale.

One of the most common mistakes that RV and motor home owners make when they’re ready to sell their unit is that they set the price too high! Many check the NADA value of their unit, which is like the Kelly Blue Book for cars, and use that price for their opening listing, or will even set a price above that, thinking a potential buyer will negotiate with a counteroffer.

Unfortunately this type of thinking usually only scares off potential buyers who may be searching for a new trailer or motor home that falls within a certain price range. Remember that when buyers search on any online site they are often given the chance to select a price range for units they want to see, and won’t consider units priced any higher than their maximum budget.

It is also currently a buyer’s market for motor homes and trailers, as there are many quality new models coming out every year, so owners of used models are eager to sell and upgrade to something more luxurious or personal. When the kids are grown or a couple retires and can’t maintain a motor home or trailer, they’re also ready to sell, and this too adds to the growing market of used RVs.

If you’re looking to sell a motor home or sell a trailer, it’s vital that you have an honest idea of the price you can expect to receive from buyers. Assuming you’ll get more than what your RV is worth or not recognizing the many units on the market can result in wasting time advertising your trailer or motor home, and also spending all that extra money maintaining a unit you no longer use.

Is the Rising Cost of Gas Forcing You to Sell an RV?

Is the Rising Cost of Gas Forcing You to Sell an RV?

Having an RV or trailer is one of the most inexpensive ways to enjoy a vacation every single year. The cost of campground rental is always much cheaper than the cost of a hotel room, and when you own a trailer or motor home you can feel more comfortable since it’s your own space. You can also pack certain items away in your unit and be ready for a vacation at a moment’s notice.

As enjoyable as they are, many owners today are feeling forced to sell a motor home or sell a trailer because of the rising cost of gas. This is especially true for larger Class A units, which are like small apartments on wheels! If you think it might be time to sell your unit because it’s simply too expensive to enjoy a road trip, consider a few tips.

Calculate

First it might be good to calculate the cost of gas for any favorite road trips, factoring in the local price at the pumps, the mileage you get from your RV, and the distance you travel. Compare that to the cost of gas when you drive your car to the same destination. You then need to factor in the cost of campground rental and other expenses on your vacation versus those same costs if you don’t have an RV.

Downgrade

If you’re convinced that you need to sell your motor home or sell your trailer because of the cost of gas, it’s also good to think about getting a smaller or more affordable model. Instead of a Class A with all the luxuries, might you pare down to a Class B or Class C, which offers you some indoor comforts but with less size and weight when on the road?

You might also sell a Class A motor home and consider investing in a nice trailer you can tow behind you. Again, this can cost less in gas since they’re lighter in weight but they still offer a space indoors along with a kitchen and bathroom for maximum comfort.

Don’t give up on the idea of owning an RV just because gas is expensive. You may actually need to sell an RV because of the cost, but can also use the money you get from your current unit to buy another one that is better for you and your family. This will allow you to enjoy those family vacations while still saving money overall.

When Is It Time to “Sell My Motor Home”?

You may love your RV and may have very fond memories of spending time with family by the lake or on a nearby campground, but may also be wondering if it’s time to “sell my motor home”.  No one can tell you when it’s time to part with your RV or upgrade to a newer model, but there are some considerations to keep in mind.  These can tell you if it’s time to talk to an RV broker and put your motor home on the market.

The Kids Are Grown

Keeping an RV for family vacations is a great idea and can allow you to enjoy quick weekend getaways or summer vacations at a favorite campground.  However, if the kids are grown it might be time to consider calling an RV broker and putting your RV on the market.  You may find that you’re not getting as much use out of the RV as you once did now that your kids are teens or are out of the house.  As a matter of fact, this is when most families consider that it may be time to “sell my motor home”.

No Longer Able to Care for the RV

If you’re getting older or have suffered an illness, you may find that an RV, especially a larger model, is too much for you to handle.  A fifth wheel or large bus can be too much for an older couple to manage on their own or if you’ve suffered an illness, are developing arthritis or have other aches and pains, you may prefer something smaller that requires less upkeep.

This can also go hand-in-hand with the kids getting older.  When your children were at home they may have been able to help you keep up the maintenance of your motor home, but now that they’ve moved out you’ve lost that help!  If you’re no longer able to care for the RV, it’s time to call an RV broker.

It’s No Longer Being Used

Whether or not the kids are involved, you may find that you’re just not using your RV as you once did.  Maybe you don’t enjoy travel now that you’re older, or your schedule doesn’t allow it, or you prefer to use your money for other things.  Whatever, the reason, if you’re not using your RV regularly, it’s time to “sell my motor home”.  Using an experienced broker can make the process fast and easy for you.