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Buying a Used Motorhome - How to get the most for your money and not get burned Paperback – September 21, 2012
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Top Customer Reviews
Mr. Myers lay it all out in a clear and understandable manner, so that even novices like my wife & I can get the message and easily understand exactly what to look out for when looking for that elusive bargain!
Our book is highlighted, marked and nearly worn out from reading and re-reading over and over again (the ONLY way to learn and absorb) and we have learned so much that we can almost say to anybody selling us a used RV - beware, we are armed with all the facts.
Bill Myers has in our opinion, written the "bible" on this subject, and we cannot recommend it more highly to anyone contemplating buying a Used RV.
This book should be required reading BEFORE anyone thinks of handing over their hard earned cash to any seller.
We were (are) delighted with the book packed full of facts, information and guidance that we are fully confident that when we finally get to our dream of owning our Class A Motorhome - we will be experts on the do's and don'ts thanks to Bill Myers's outstanding must read book!
Overall, the book made me realize that the process is similar to buying a car, but unlike a car an RV is a "nice to have" not a necessity so you as a buyer have more leverage and negotiating room when it's time to buy.
I want to update my review (changing from 5 to 4 stars), after actually going out and trying to purchase an RV using the advice in this book. What I have found is that the advice given is somewhat adequate, but there are some glaring omissions that I had to learn the hard way:
1. Price. The book was obviously written with 2009-2012 recession prices in mind. This is no longer the case. I've looked at rigs only to come back a week later and find it was sold. The book stresses Class B+ are hot, but I'm finding A's and C's especially high quality used ones are not staying on RV lots that long. So go ahead and lowball, but you may find that 37-ft class A with the bunkhouse was sold, and there's not another one like it for 400 miles.
2. Financing. It's clear the author prefers paying cash, as he mentions this more than once. But for the rest of us who don't have $60-80,000 laying around, financing is the only option. I found out the hard way that practically every bank requires 10% down, sometimes 20% depending on the model, year, and quality of the rig. Don't even bother shopping if you don't have this saved up.
3. Inspection. The author clearly is an expert at finding flaws in RVs, but for the rest of us we'll probably need a professional. It can cost between $300-1000 for a qualified inspector to come out to the lot, and it takes a few hours. But if you prefer to wing it, pay closer attention to structural damage as those are rarely covered by either insurance or extended warranty.
4. Buying a rental. He makes one passing comment about avoiding rentals, but I visited some lots where you can find some real gems. The rental companies service them regularly. I'd rather buy a coach that's been attended to often than one where the older couple left it to sit in their driveway for months at a time. Sure they sometimes have high miles, but regular service and low cost can negate the shock, and it will probably run for a long time.
After all these potential pitfalls, I decided to put my RV purchase on hold. If you have questions please feel free to ask in the comments.
Make sure not to be hasty when you try to buy a used RV, and stick to RVs that are less than 10 years old, has under 55 thousand miles, and above 27 thousand miles in the odometer. Also bargain the asking price down 20%, or walk away unless you found exactly what you want. Just give the seller your price and let them get back to you. You should also do your research as to the going prices for the type of RVs you are looking for. Remember that RVs under 25 feet are in very high demand. When you buy your RV you should be thinking of its sellability a few year down the line.
Make sure there are no leaks, or unusual sounds when you run the motor. Remember, long RVs can be very difficult to drive.
cheers tommy x
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He had a lot of great ideas on how to get organized in the searchRead more