5 Critical Money Saving Tips for Buying an RV

Article by: Adam O’Connor, The RV Travel Pro

Buying a recreational vehicle requires certain information to make an educated purchase. There are two fundamental differences in the types of recreational vehicles. A motor home or motorized recreational vehicle offers all-inclusive transport and temporary living quarters. Conventional travel trailers, truck campers, fifth-wheel travel trailers, and sport utility RVs all fall under the other category, towable recreational vehicles. Before you buy an RV, here’s what you should know:

  1. RVs can be tiny, they can be confining compared to your house, difficult to maneuver, and you can wind up spending all your vacation time just driving around. You can rent an RV first to see if you like the lifestyle. Pick the area you would like to vacation in and rent one from there. Just make sure the RV has everything you need, even if it means extra rental cost.
  2. There are RV models to fit anyone’s budget, from folding camping trailers that sell for an average of $7,000 to conventional Class-A motor homes with an average retail price of over $140,000. The goal to smart shopping is to determine the type of RV that best meets your needs and budget. You can keep prices within your reach by going with a smaller unit, or skipping some of the more expensive options.
  3. An RV loan can help you get on tour to great adventures through RV travel in North America. An application can be made online or in person through various companies or personal loan sources, as with other types of financing. There are companies that specialize in financing recreational vehicles, and these companies understand the unique features and the financing needs of the RV enthusiast, and can readily accommodate consumers with a variety of contract options.
  4. If you’re buying a second-hand RV from a dealer, request the service records. If you’re going to be traveling through mountainous areas regularly, get the biggest engine you can afford. If fuel economy is a major concern, look for an affordable RV with a good engine/transmission combination. And, get an automatic unless you like the absolute control of a stick shift and never intend to sell it.
  5. A private seller is usually more motivated than a dealer. In some cases, the private seller is selling by owner so they can get a higher price than if they went through a dealer, while still offering a bargain to potential buyers. Buying an RV from an individual may allow you to save thousands of dollars over buying a similar unit from a dealer.