If you have decided to sell your RV, and want to make the process hassle-free by opting for a broker to snap a quick deal, you are certainly on the right path. However if some teething questions are getting you worried, it is important to first understand how the system of selling an RV through a dealer works. Here are the most frequently asked questions (FAQs) that sellers have when it comes to selling RV through a dealer:
How to initiate a selling process?
Call up the RV dealership company at the toll free number, usually mentioned at the company’s website. Seek an appointment with the company rep for vehicle appraisal – a process that usually lasts about an hour. On completion, the vehicle is listed for sale.
Does the age and type matter?
Different companies deal in different types of motor homes based on the age, make and model. While some dealers refuse to accept RVs that are more than a decade old, a lot of them in fact specialize in buying older RVs. Check whether your RV is acceptable to the dealer you are eying at.
How long does it take to complete the sale?
Some very efficient and reputable dealers may round up the entire procedure — starting from appraisal, sending an offer of sale to putting cash in your hands — within three business days. In the absence of any outstanding loan amount, the entire transaction can be completed within 24 hours. In case there are some dues, the loan is usually transferred to the new owner, and the process is handled by the dealer.
How is your RV picked up?
Options depend on where the RV owner lives. In case, the dealer’s lot is nearby, the owner is typically requested to drop it off. If the dealership is located far away, it is entirely the headache of the company how it would pick up your vehicle. Generally, a company rep reaches your doorstep and picks your RV to their lot. Big ticket dealers have several drop- off locations, where the rig can be delivered by the RV owner, whose travel expenses are reimbursed by the dealer.
What papers are to be submitted to dealers?
To initiate the process, a dealer would require a copy of the owner’s driving license and all ownership title documents. You will also require to divulge your loan information if there is any amount due on your RV.
What if the RV’s title happens to be in your late spouse’s name?
In this case, a copy of the death certificate will be needed.
What papers are needed to liquidate an RV which is titled in a company or a trust’s name?
You will have to furnish documents that state you have the signatory authority to sell the RV on behalf of the organization or the trust.
What about a damaged RV?
You can get them repaired and then cover the expenses through insurance claims. The best option is to inform the dealer in advance about the damages; dealers can get them fixed and deduct the expenses from the price. Sometimes dealers get them repaired by their in-house staff and deal directly with the insurance company. Hiding issues can lead to unforeseen adjustments to your quoted price so avoid this.
What if the title is lost?
The dealer will buy your RV as soon as you arrange a duplicate title. Reputable dealers often help their clients to apply for a duplicate title.
What about brands and models of RVs that are currently out of production?
There are many dealers who buy used RVs even when their manufacturer are no longer in business or have filed for bankruptcy. Of course they won’t fetch a very high price. Buyers often acquire such RVs at low cost and then revamp it completely to convert it into a plus moving home as per current standards.
Now that you have all the answers to those queries that were holding you back, sell your RV to your chosen dealer with confidence.