There are a lot of reasons why going to an RV auction is a great way to buy a used RV. The number one reason why people suggest that RV auctions are a good place to buy is because you can buy a camper for less money at a camper or RV auction. Prices vary by auction, but generally, people can save 30% to 40% on their recreational vehicles.
Another reason why RV camper auctions are so popular is because a lot of times they have a lot of good inventory to look at. If you’re trying to get a good deal on an RV and you’re trying to buy it from a private party seller with a used rv for sale, you may have to go and view several RVs before you find one that is a good deal. When you go to a large recreational vehicle auction, you can find several good deals all in one location.
The third reason why people like auctions is because it is way easier to buy from an RV camper auction than it is to buy a bank repo RV from the bank. When you work with the bank, even on what is called a bank repo rv auction which is really just a sealed bid offer on a few vehicles, you typically have to wait a while before an offer that you submitted can even be looked at. Then it may have to be approved on multiple levels before the sale can be made. If just one person rejects your offer within the corporate ladder, then you could be left without a deal and without a counter offer. When you go to an rv auction, the sales are quick and final. You don’t really have to wait around for an answer or to know whether or not your offer has been accepted.
The fourth reason to buy at an RV auction is because you can pay less for them and you can often buy them with cash instead of having to finance them. When you finance an RV or camper, you don’t really own it. My personal goal is to never have another car payment or RV payment again in my lifetime. I hope that with some careful planning and some hard work, along with saving money, I can accomplish my goal. You never get the title unless it is paid for. As soon as you pay it off, it becomes an asset rather than a liability and it is a lot more fun to own a camper that is paid for rather than just owning a mortgage.