Everyone loves a lot. For the true bargain hunter, it’s almost like a mission. They search high and low to find the best price on the items they need. Some people, however, do not have time to spend hours on research. They would prefer the information to be collected for them. If you’re looking for a used RV and won’t buy one until you find the best price, here’s some information to help!
Seizures
Recovered RVs are sold for dimes. Finance companies don’t want to pay for storage, and many simply hope to recoup some of their investment. While some are damaged, many are in excellent condition as many people lose their RVs only a few months after purchase.
Seizures and surpluses
Federal, state and local government agencies all sixteen properties for a variety of reasons. Some are for criminal activities, while others are for back taxes. After a specified period of time, these items, including RVs, are sold at auction to the highest bidder. Many will also sell salvaged RVs, which is where dealers often find stock.
Many of the same agencies also sell their surpluses at auctions. FEMA, for example, currently sells tens of thousands of caravans and trailers that they previously stored to alleviate the hurricane. Some of the RVs may be in salvage condition, but many others have years to live. The key is knowing where to find the auctions.
Buy from the government
It’s not as difficult as you might think to buy a used fifth wheel RV at one of these auctions. Simply place your offer up to what you are willing to pay. Many RVs start as low as $ 100. If your bid is the highest, you win, just like any other auction. It is up to you to bring the motorhome home.
There are websites that offer listings for all government auctions across the country. You can search by location, date, or by the items listed for sale. It’s a great way to see what’s available. Some of the sites will even send you updates as new auctions are listed. If you’re ready to buy a used fifth wheel motorhome, a government auction should be your first destination.