How,Sold,And,Made,Extra,Ten,Th car How I Sold My RV And Made An Extra Ten Thousand Dollars

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Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-qformat:yes;mso-style-parent:"";mso-padding-alt:0in 5.4pt 0in 5.4pt;mso-para-margin:0in;mso-para-margin-bottom:.0001pt;line-height:115%;mso-pagination:widow-orphan;font-size:11.0pt;font-family:"Calibri","sans-serif";mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:"Times New Roman";mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;} This is not a how to article because I am no expert inbuying or selling RVs.  Since it is mybelief that many who own RVs are not experts either I thought you might find myexperiences to be interesting and possibly useful. The RV that met our needs from August 2003 no longer providedthe excitement or comfort that we want. The 22 foot Rialta is a great RV for seeing the country but not stayinganywhere too long.  Flexibility andeconomy describe the Rialta, but alas we had no room for the grand kids andeven our dog made us feel a bit crowded. So while the decision to sell was made over a period of months, it wasclearly time to make a change. We first ruled out a trade-in assuming that the dealer wouldoffer us a wholesale price and we owed more on the unit than wholesale.  While RV dealers could likely play with thenumbers so much that it would be hard to tell what we paid, somehow I knew wewould lose about ten thousand dollars and not be in a good bargaining positionfor the new RV. I next tackled getting the unit ready for sale.  My objective was twofold.  I wanted every system on the RV to be inworking order and I wanted the RV to look as close to new as possible.  Since I had chosen to sell it myself I alsoneeded to get any benefit of sweat equity. In testing all the systems I did such things as running the generator,furnace, refrigerator on LP, water heater, lights, drain pump, water faucets,outside shower, TV, TV hookup, exterior lights, and anything else I could find. When bringing the unit over to my home I checked airpressure in the tires.  Once at the houseI washed and waxed the unit including the wheels.  There was some rust showing on the rear wiperso I removed it and sanded the rust off then spray painted it.  Inside the unit I shampooed the carpet,dusted, waxed, used leather care on the seats and generally cleaned it to thebest of my ability.  Now while this maysound like nothing more than common sense I urge you to spend several dayscompleting this task.  Every time I enteredthe RV there would be something I missed the last time.  This is critical to getting a goodprice.  Looks sell. During this process I contacted the lien holder to determineproper procedure for making a final payment and obtaining the title.  I also stopped by the motor vehicle office tosee what I should do with the tag.  Ofcourse it was also important to check out the Rialta price range which I did onthe Internet.  What I found is that theRialta generally holds value a little better than the traditional sources (NADAand Kelley) would have you believe. Once the RV was prepared I took pictures, lots ofpictures.  I eventually had about 50photographs of the inside and exterior of the unit for interested parties toview.  One of the pictures I took was themileage and another the hours on the generator. This eliminated any chance of being accused of fudging.  So I had a 2004 Rialta with 79 thousand milesand an asking price of $32,900. I posted pictures on my web site and used Shutterfly tostore another 30 or so.  My first effortwas to place an ad on Craig’s List.  Thisis free and there’s a good chance of getting a local buyer.  I also posted on a free web site, Motorhome Classifieds,com.  Upon being contacted by an interested party Iwould make certain they had the web site address with the pictures and thenforward them the remaining pictures via Shutterfly.     While I received inquiries from both of these sources itbecame clear that the mileage was a problem so I placed an ad with RV TraderOnline and also noted the unit came with one year of coverage under the GoodSam Extended Service Plan.  Though thiscost a little over $800 I felt it would be a good selling point.  I had obtained a quote from them that wasgood for about one month and did not finalize the coverage until the sale wasimminent.  This gave the buyer the mostcoverage and saved me from incurring additional costs for no reason. Eventually a lady from several states away showed greatinterest and we exchanged numerous e-mails. One problem faced by both buyer and seller was protecting our financialinterests when dealing with strangers. I obtained a standard vehicle Bill of Sale form in the Wordprogram on my computer and filled it out and e-mailed it to her.  She did the same and we eventually agreed onthe wording.  She requested an additionalyear of the Good Sam Extended Service Plan coverage.  That amounted to a total of about $1,600 offthe sales price of $32,900. She wanted to fly in on Friday afternoon and spend a nightin the RV and drive it home on Saturday. I searched for a way to make certain I had received the funds before shedrove off.  One possibility was using anattorney as an escrow agent, but that fell through.  Eventually, working with my local banker, shearranged to open an account at my bank and transfer the funds to it.  So on the Friday in question I picked her up at the airport,praying the snow wouldn’t cancel her flight, and took her to the RV which I hadpreviously set up in the RV Park.  Thisalso gave me one final chance to test all the systems.  We spent about two hours going over all theinside features.  (That was not enoughtime for someone buying their first RV.) She spent a comfortable night in the RV and I met her at the RV firstthing the next morning and we continued the instructions by unhooking.  She then drove the RV and we headed for thebank where she wrote a check and we signed the bill of sale.     The next business day I electronically transferred funds tothe lien holder and several days later received the title.  We signed it and mailed it to the buyer viaregistered mail.  By turning in the RVtag I got a nice refund and also a refund on the insurance, though I waited acouple of weeks just to be safe. It wasn’t easy.  Itwas a lot of work.  In the final analysisthe effort netted me close to ten thousand dollars.  My advice is to make your RV look as good aspossible and make absolutely certain all systems work.  Price your unit a little on the high side,but not so high that you scare away serious buyers.  Be willing to compromise, but also takenecessary steps to protect yourself from unscrupulous individuals.   It is now time for the fun to begin with my search for a newRV.