Wednesday, November 6, 2013

Foreclosed RVs For Sale - 4 Tips To Help You Choose The Right One

Most people focus all of their attention on how cheaply they can get an RV rather than if it is the right one for them. So in this article I am going to share with you 4 simple tips that will help you choose the perfect RV for you and your family.

Tip #1 - Figure Out What Size & What Class RV You Want To Buy

There are mainly three classes of foreclosed RV's for sale you can choose from. Class A, Class B and Class C. The Class A models are usually the nicest ones. They are also the biggest ones. The class C RV's are also very nice. The big different is the size. They are a lot smaller than the class A's.

The Class B rv is more of a camper van. It will be small and not have as many features as the Class A and the Class C. However, there are two big advantages to purchasing a class B RV. Not only is it easier to drive, but it is also better on gas. Keep in mind bigger RV's will cost you more money to not only use, but maintain as well. That's why it is very important you choose the right size.

Tip #2 - Figure Out A Good Price To Pay

Once you know what you want you need to do a little research to figure out what the best price is to pay. Use the NADA and KBB to find price ranges. In this case we are focusing on auctions so be sure to use the trade in value as your guide.

Tip #3 - Find Auctions To Attend

Once you have done all of your research its time to find an RV auction to attend. You can find auctions that have foreclosed RV's for sale online and through local advertisement. You can also find them through banks and repo companies.

Tip #4 - Go To The Preview Period

Every auction has a preview period where you can go in and inspect the RV you are interested in. This inspection period is extremely important. It is your chance to see if the RV is worth your money. Look for signs of any water damage and any other major problems. The condition of the RV should dictate the price you are willing to pay. If the RV will need repairs that is extra money you will need to pay. That should be factored into how much you bid.

Once the inspection period is over it will be time for the auction to start. Make a note of the RV you want and bid on it at the appropriate time. Never go over the highest about you have set for yourself. If you lose the bid, bid on something else or wait for the next auction to come around. Never overpay. If you win the bid make sure you have the right form of payment. Before attending the auction make sure you know all the details.

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