Recreational vehicle buying and selling scams are not the norm, but they are out there. This information can help you avoid many scams purchase of vehicles recreational that could turn your dream vacation in RVs or your lifestyle into a nightmare.
High pressure sales
One mistake is being rushed into a purchase, especially when you find what looks like the perfect RV. A salesperson can use any number of tactics to push you to buy before you learn everything you need to know.
Tactics can range from telling you there are other interested buyers, to making this RV unique, to offering you a "low" price if you buy now . Don't be fooled - if they can offer you that low price now , they can offer it anytime. In fact, they could probably offer an even lower price.
The RV you want so much isn't the only one that will make you happy. Always keep another in mind, and let sellers know that you want time to consider both. The prices of both could magically fall far below what you expected.
Other high pressure tactics take advantage of RV owners who want to trade in their used RVs for a newer model. You can expect to be offered up to $ 30,000 to $ 40,000 less than market value, so it's definitely worth planning ahead and considering selling your RV privately. This way, you won't be pressured to accept a low offer on your RV just because you're ready to buy, now. Also, if you are buying a used RV , consider the retail value and the likelihood that the dealer will pay much less than the wholesaler for the RV you want.This gap gives you a real bargaining edge. Don't fall for the "Let me show you our purchase price for this RV" bait. You will likely be shown a fictitious invoice or cost record that is part of a pre-planned sales plan that is practiced at that dealership.
You may have to travel a long distance to buy from two different Winnebago or other brand-specific dealers. Dealers know this and will use it to their advantage. This can work against you in two ways, prompting you to make a purchase based on convenience, distance, dealer services, and other real or perceived benefits to you. By taking the time to inspect and research the specific RV you want to buy, you can tilt the advantage in your favor and ensure you are not pressured into a minor decision.
Some RV dealers have been in the news for their unethical practices. These practices involved defaulting on auto or recreational vehicle loans they have swapped out, leaving buyers still liable for vintage auto loans or unable to re-title an RV purchased in their name because previous lenders still had valid liens.
Other scams involve refunds that buyers would receive several weeks after purchasing an RV, and then tell buyers that the refunds failed. In some cases, there was never a refund, and in others, the dealer kept the refund. If the dealer offers a refund, be sure to apply it to the purchase price before closing the deal. If the refund fails, he loses, not you. You can only encourage honesty or good follow-through to make sure they get their refund. If it doesn't fall, it's a win-win.
Request for unnecessary confidential information
Some dealerships ask you to allow them to copy your driver's license and social security numbers as security until you return an RV that has been taken on a test drive. They don't need this information except to run a credit check without your permission or knowledge; while you're out for your test drive. Not only can they perform a credit check, but they may ask several of your lenders to prequalify you, and each of them will run a credit check. Each credit check will lower your credit score, and you may not find out until it is too late.
How to Avoid RV Buying Scams
Invest some time and money to learn about the used RV you are about to buy. Take it to a reputable dealer or repair shop vehicle recreation for inspection exhaustive of vehicles recreational, including an inspection of the engine and test drive recreational vehicle . If you can't get it to the inspection site, find someone to make house calls. If something is wrong with the RV structurally or mechanically, you want to know how serious it is and how much it could cost to fix.
Also, run a vehicle history report on the RV of your choice. You will learn if it was an accident, the severity of the damage, and if it was properly repaired.