Tag Archives: cheap RVs

parked RV

Summer Plans Canceled Due to Coronavirus? Buy an RV and See the World Anyway!

With coronavirus cases still on the rise and many large events cancelled for the summer, you might be wondering how you can still give your family a proper vacation. While you may not be able to visit some of your favorite vacation spots, there is one thing that is safe and affordable – traveling in an RV! 

For someone who loves to travel, owning an RV is a great way to see the world while taking the comforts of home with you. You can plan a vacation with plenty of things to do and see while staying safe in your own motorhome. Bring the kids – bring the pets – here are the benefits of buying a bank-owned RV for your summer travels. 

Comfort and Privacy that Rivals Home 

One of the biggest perks of owning an RV is that you get to travel in comfort and style. No hotel rooms, noisy neighbors or bed bugs to worry about. An RV has everything you need to feel at home while on the road – a kitchen, a bathroom and a place to sleep and relax. You can stock the RV with your favorite things instead of trying to fill travel-sized bottles to bring on the plane. 

No Lost Luggage, Baggage Fees, Etc.

Another perk to traveling in an RV is that you don’t have to deal with any of the nuisances of traveling by plane. There’s no risk of losing your luggage or having to pay pesky baggage fees. You also don’t have to carry your luggage around a busy airport or resort. You can pile everything up in the RV and have your stuff accessible at all times. 

Freedom to Follow Your Own Schedule

Running late? Need to make an extra stop? No problem! When you see the world in an RV, you’re in charge. You don’t have to build your travels around plane departure times – or any public transportation for that matter. Take one day at a time and according to the mood you’re in. You can spend a relaxing day at the beach one day and hike through a national park the next. 

Bond with Your Family 

Many families feel that they’re able to bond well on an RV trip. You’re not sharing transportation with strangers, so you can talk, sing, tell stories, etc. while traveling. You can also see and do a wide variety of things, such as visiting museums, hiking mountains, roasting marshmallows over a bonfire and so much more. The relaxed vibe an RV trip offers also presents more opportunities for family bonding

Convenient and Affordable 

Traveling in an RV is also convenient and affordable. You can pack your own food and beverages instead of having to eat all of your meals out. You’re able to sleep in the camper for free instead of paying inflated hotel rates. You also have the flexibility to see and do what you want rather than being limited to the activities on a resort. 

The best way to save money on an RV is by shopping at RepoFinder.com. We have a great selection of pre-owned recreational vehicles that are waiting for you! A fun and relaxing summer vacation is still within reach – shop with RepoFinder today! 

repossessed used RV

Repossessed RVs: How to Spot a Great Deal

Are you interested in buying a recreational vehicle (RV), but you don’t want to spend a fortune? A great option is a foreclosed RV, which is an RV that has been repossessed by the creditor after the buyer failed to make their payments. In order to recoup their losses, the creditors sell these vehicles at a discounted rate. Their loss is your gain. The price of the repo depends on a number of factors, but some people are able to purchase a good quality RV for half the retail price.

To ensure you are getting a good RV at a good price, it’s important to do your research, know what you are buying and know who you are buying from. Once you walk away with a repo, it’s yours, so you want to know what you’re taking home. 

Below are some helpful tips for picking out a great RV. To browse the inventory of recreational vehicles from creditors in your state, visit RepoFinder.com

Buy Direct from a Lender

If you do a quick search of repo RVs, you’ll come across dozens of listings. Be careful, as the majority probably aren’t real repos. Instead, they are dealerships disguising themselves as repo auctions to sell used and new RVs.

In other cases, the dealerships acquire repo RV inventory and provide repairs on them. However, they add their markup, so you’re not paying any less than you would for another used vehicle. Your best bet is to go directly to the source – creditors, banks and lenders in your area. RepoFinder.com has everything sorted by state. 

Identify a Good Deal 

It’s exciting to be buying a new RV for your road trips and excursions, but don’t let this override a rational decision. Just because you see a decent looking RV at a good price doesn’t mean it’s worth it. Here are a few ways to identify a good value. 

  • Pick the right seller 
  • Research the RV market 
  • Find out the fair market value 
  • Inspect the RV 
  • Place your bid 

Considerations to Make 

Repo RVs can be a great buy, but you do have to keep a few things in mind. For instance, if you’re in a time crunch, we do not recommend buying a repossessed RV. Finding a good RV takes time, and you have to be prepared to do your research, inspect the vehicles and place a bid (that you may or may not win). 

Second, you should always inspect the RV. It’s likely that you’ll find one that isn’t nearby, so you’ll need to drive out to that location and decide if you want to place a bid. If you don’t know a lot about RVs, you’ll have to pay to have it inspected and possibly delivered to your home

Lastly, anticipate some maintenance or repair costs. While you can find repo RVs in great shape, many have not been taken care of by their owners. Be sure that you have enough room in your budget to pay for these repairs. If the RV is newer, find out if it still has its warranty. This can give you some added peace of mind. 

If you’re looking for a repo RV from a reputable creditor, check out RepoFinder.com. Inventory changes frequently, so be patient and check back often!