Top 3 Advantages of Selling RV and Motorhome to a Dealer
April 9, 2020 3:29 pmJust like any high-value sales, selling RV or motorhome can be a painstaking task. Nowadays, it’s common for sellers to take the online route because they are accustomed to advertising their cars on the Internet portals. These online portals seem a good place to sell because they are tailor-made for selling cars and commercial vehicles.
While there is no doubt that you can get a good deal on these Internet portals, it’s also true that the market for cars and RVs are not identical. Online portals are great for selling cars because the market is highly saturated making conditions ripe for selling a car. The same market dynamics can’t be applied to RV and motor homes because RV is a specialty product that attracts only a particular segment interested in it.
Since there are not enough price-points for extensive research, buyers often do not get the price that they should get. As a result, many RV and motor homes remain unsold as either the buyer demands a low price or the seller advertises a price that doesn’t match the market.
These market dynamics are precisely the reason why most of the sales for RV and motorhomes do not take place on the online channels. Instead, your best bet is to find a reputable RV dealer who can sell the motorhome at a reasonable price within a set time frame. According to R.L. Pork Survey, this is precisely the reason why 75% of the RV sales still occur at the RV dealership located within 30 miles of the buyer’s location.
Advantages of Selling RV and Motorhome to a Dealer
Irrespective of what the market suggests or others say, here are three main benefits of selling your RV to a reputable dealer:
1. Legal formalities: Selling an RV can be a complicated process. Even if you know the entire process, missing minor details such as not signing title deeds and not accompanying the buyer to the DMV can get you in legal trouble. A good RV dealer will ensure that all legalities are fulfilled.
2. Trade your RV: There are more than 7000 RV dealerships across the United States. Most of these dealers will also trade in your used RV with a new motorhome. If you want to buy a new RV at a later stage, talk to your motorhome expert and they may provide a better solution enabling you to walk out with a new RV or get better financing terms.
3. Quick Sell: If you’re in dire need of cash, RV dealership is by far your best option to get a decent amount of cash on the spot. If you think you’re not getting a fair deal, RV dealers also do consignment selling where they find a buyer for you and you take your RV to the buyer to close the sale. The RV dealer will do all the paperwork and keep a certain amount for making a sale in exchange for a percentage of the final price.
While self-selling and using online portals to sell your RV is still a viable sales channel, just make sure that you do the market research by contacting a reputable RV dealer. In most cases, you will be glad that you did because RV dealers can help you get the most ROI on your investment.
Categorized in: RV Info
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