Should I buy an RV used or new?

Fifth wheel RV in the winter

Should I buy an RV used or new?

When it comes to buying an RV, there are two options: purchasing a new RV or a used one. While buying a new RV may seem like the best option, there are several benefits to purchasing a used RV that should be considered.

First and foremost, buying a used RV is typically less expensive than buying a new one. New RVs can cost tens of thousands of dollars, while a used RV can be significantly less expensive. This means that you can get more features and amenities for your budget by choosing to buy a used RV. Additionally, because you are spending less money, you may be able to afford a higher-end model that you might not be able to purchase if you were buying new.

Another advantage of buying a used RV is that it has already been "broken in." When you purchase a new RV, you need to go through the process of breaking it in, which involves getting it used to being on the road and in different environments. With a used RV, this has already been done, which means you can take it on long trips without worrying about surprise damage popping up. You may also find that a used RV has already been customized to the previous owner's liking, which may be perfect for you and save you money on customizations.

Also, if the used RV was well maintained, the odds are the previous owner also took care of any cosmetic or minor factory defects already, so you don't need to worry.

Finally, when you buy a used RV you don't have to worry about the initial depreciation that happens when you take a new RV off the lot. Typically, new RVs lose about 15% of their value in the first year and 8-10% thereafter in years 2 and 3. The original owner of the RV already paid the depreciation, so a used RV will have better resale value than a new RV.

That being said, there are some risks associated with buying a used RV. One of the main risks is that it may have hidden problems that aren't immediately apparent. These problems can be costly to repair and may not be covered by a warranty. It's important to carefully inspect any used RV you are considering and have it inspected by a professional before purchasing to avoid any unexpected problems.

New RV

When buying an RV used or new, there are several advantages. Firstly, you have the freedom to customize the RV to your liking. You can choose the layout, materials, and features that you want, which means you get an RV that is tailored to your specific needs and preferences. Additionally, a new RV comes with a warranty, which means that if there are any problems, they will be covered by the manufacturer.

However, there are also several drawbacks to buying a new RV. Firstly, new RVs are significantly more expensive than used RVs. This means that you may not be able to afford the model or features that you want. Additionally, new RVs depreciate quickly, which means that you may lose a significant amount of money if you decide to sell it in the future.

In conclusion, when deciding whether to buy an RV used or new, it's important to carefully consider your needs, budget, and preferences. While a new RV may offer the freedom to customize to your liking, a used RV may be more affordable and have already been broken in. Regardless of your decision, it's important to carefully inspect any RV you are considering and have it inspected by a professional to avoid any unexpected problems.


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