Recreational vehicles have always been popular in the United States and we’re not going to fall out of love with them anytime soon. In Spring and Summer 2019, close to 25 million Americans are thought to have taken to the open road. A million Americans live in RVs as modern nomads.
RVs let you travel anywhere under your own power. They represent freedom and an ability to explore the vast swathes of America and beyond.
If you’re thinking of getting in on the action, you might be weighing up buying a used RV vs new one. What is your best bet? Should you buy an older model at a lower price or is getting a new RV the better option?
In this article, we’re going to help you solve this question and enjoy the best vacations the world has to offer. Ready to find out more? Then keep reading!
Used RV vs New RV: Which Is for You?
How does a used RV compare with a new model? What should you be on the lookout for when buying a used motorhome, travel trailer, or fifth wheel? Here are some pros and cons.
One of the biggest draws to buying a used RV is their lower price. Depreciation is quite significant on new RVs and you can expect the vehicle to lose 25 percent of its value within three years (similar to a new car). This lower value also means that used RVs are less to insure than new ones.
Depreciation on used models is less significant too, slowing year on year after the first year of ownership.
The Latest Tech
If you want the very latest and greatest tech that you can get in an RV, you’ll want to get a new one. RVs have come a long way in recent years with modern travel trailers & fifth wheels featuring internet access, weight-saving technology, and improved battery life.
All of this comes together to give new RVs an impressive edge over used recreational vehicles.
There’s less likelihood of mechanical issues occurring on new RVs too. Older model RVs may have issues due to wear and tear, but new RVs fresh from the factory do not.
The sad reality is that if you want to buy a used RV, you’re going to have fewer choices than when buying a new one. While Bankston Motor Homes keeps a wide selection of used RVs, our supply is based on what customers trade in. This means that even our large inventory of approximately 200 RVs is based on what customers have decided to trade-in when they trade-up.
There’s also no customization available on a used RV. If you want to choose specific options, you need to buy a new RV.
How We Can Help You
There’s an old myth that buying a new recreational vehicle is never worth it. That’s not true; if you want the latest tech and customization, buying a new RV is well worth the money. And many of our customers truly enjoy that process and make their travel dream come true!
However, a used RV may be able to give you just as much fun and adventure as a brand new one would for a significant savings in price.
The choice between buying a used RV or new one is often an option worth exploring . We can help you decide what’s best for your needs!
Take a look at our used RVs or new inventory and get in touch with your nearest location to learn more!