If you want to sell your RV, you can try to do this yourself or use a broker. Many opt for selling a motor home on consignment, and while this can be an easier way of getting rid of your RV, there are some hidden dangers you might consider.
One reason to think twice about a consigner is that they typically charge a fee to the RV owner. This may be a flat fee or it may be a percent of the sales price. If you pay a flat fee this doesn’t guarantee that your RV will be sold, so a percent of the sales price can be a better choice. Either way, you’re still paying for the work they do, out of your own pocket.
In some cases you may store your RV on a consignment lot for a monthly fee while the consigner tries to sell it. This too can be costly, and in some cases your RV may not be properly insured. The consigner may have insurance they offer if your RV is stolen from their lot but the coverage for damage or vandalism may be minimal, or these types of coverage may not be offered at all. If you decide on selling a motor home on consignment, you want to be sure you understand the insurance offered while your RV is on their lot and carry an additional policy yourself if necessary.
It’s also good to think about the amount of work that a consigner actually does for you when they are trying to sell your unit. Many just place ads on their website and wait for a buyer to come to them. Some consigners will email auction bidders and other buyers, but the effectiveness of this approach can also be limited.
There are some benefits to selling a motor home on consignment, including having a seller who understands units like yours and who may know the best places online to place ads. They can handle negotiations and also tell you what needs to be done to get your RV in its best shape in order to be sold. However, you need to ensure that you’re looking at all avenues and options open to you when looking to sell an RV, and that you understand all hidden costs and dangers when you put your unit on the market.