Should You Buy New Or Used?

Buying a new RV assures you of fewer problems and also usually gives you some type of manufacturer’s warranty. But RVs generally depreciate very quickly, and some RV owners tend to give up RVing quickly. These RVs can be on a fire sale.

That’s why used RVs, bought the StraightTalk RV Guide way, may be a very smart buy: You’ve let the other person pay for the depreciation. Bought right and thoroughly checked out, a used RV can enable you to get more RV for your money.

Unlike new RVs, it’s also pretty easy to determine the general wholesale and retail values of a used RV. Here are two resources to help you with that.

• NADA guides for RVs available online and in the bookstore.
• Kelly Blue Book produces the Motor Home and the Travel Trailer Guides but they aren't available on the Web. The Motor Home Guide covers motor homes, campers, and van conversions and list prices for the new model year. It is published 3 times a year. A subscription costs $56. The Travel Trailer Guide covers used travel trailers, fifth wheels, and folding trailers, and includes a chart for older models and list prices for the new model year. It is published 2 times a year. A subscription costs $56. For more information about these subscriptions, call their Subscriptions Hotline at (949) 770-7704 x22. Or check your local library.

It’s a bit harder to determine the dealer’s cost of a new RV, but the Kelly Blue Book Guides do cover new RVs. The cost of a subscription is probably a smart expense when you are planning to spend thousands.

Prepared for Corning Credit Union by Remar Sutton & Associates, April 2003. Reviewed and updated April 2008. All rights reserved.