Motorhomes For Sale At Auction
{{tagg}}Sheriff and police auctions offer some of the best bargains on
used motorhomes. These auctions are like any other, except the vehicles
have been seized or repossessed. Some of the vehicles, including
the RVs have been repossessed for non-payment of loans, others are
up for sale due to bankruptcy.
Most of the motor homes at these auctions are not very old, and
usually have rather low mileage and are in good condition.
These auctions don't have the high opening bids that you see at
estate sales and the like, where the owner wants to recover every
dime he ever spent on storage and maintenance.
One thing you should check for are damp areas at the ceilings, in the corners and in the back of lockers. Your nose will usually tell you if there is a dampness problem. Appliances and the like can be repaired if necessary, but the musty smell caused by a leak does not go away, and mold spores can affect your health and enjoyment of the vehicle.
Bring a NADA "blue book" with you, as these are about
as close as you will get to an accurate value without being an experienced
dealer. Forget about checking out other people's ads. They don't
have a clue what their motorhome is worth, and they almost always
err on the side of being too high. If you have a chance to research
actuall "sold" prices, that is valuable information, but
ads contain "asking" prices, not "sold" prices.
Also, don't necessarily believe anyone who tells you what they got
for their motorhome, people tend to exagerate how well they did,
just like they all claim to have won or broke even at Las Vegas.
Vegas would be out of business if everyone was telling the truth.
The NADA book is compiled from actuall sales prices, so it is your
best bet. Also, if you ever want to resell the motor home, the buyer's
lender will use the blue book as a guide to value. They will not
loan more than the blue book retail value.
You should also check out dealer prices on the model at auction. This can be quickly done the day before the auction by using the internet. If you can buy from a dealer for the same price as the auction, then you are way better off to buy from the dealer. Once you leave the auction, it's as-is, where-is. You have no recourse if anything turns out to be amiss.{{/tagg}}
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