Pros and Cons of Buying a Used RV
Whether you’re buying new or used, investing in an RV can be quite expensive or more affordable. If you’re buying used, there’s a lot of pros for you to consider.
The pros of buying used RVs are paying anywhere from 20 -60% less, depending on the year of the RV and any warranty repairs will already be done. However, cons include any warranty is not transferable and there has already been wear and tear on the unit.
Is this all there is to consider? No. There’s several more answers to questions that need consideration. So, with that in mind, let’s begin.
Is buying a used RV worth it?
Absolutely, buying used is worth it. Once you drive a new RV off the lot, it depreciates in value up to 30% within the first 3 years. Consequently, buying the same brand used will be considerably cheaper than buying new.
So, if you have a budget or new to the RV lifestyle, used is probably the best way to go.
RV’s never increase in value. They’re like cars and continue to decrease in value the longer you have them.
Something else to consider when buying a used RV is that the owner has broken it in and fixed any issues that a new rig can come with. Don’t think because it’s new, it’s worry free. In new RVs, you’ll find issues such as a leak here, something doesn’t work correctly there…all those little issues that will need repair and may or may not come under warranty.