Everyone loves a great deal. For the true bargain hunter, it's almost like a mission. They search high and low to find the very best price on the items they need. Some people, however, don't have the time to spend on hours of research. They would rather have the information gathered for them. If you're looking for used fifth wheel RV and you won't buy one until you find the best price, then here's some information to help you!
Repossessed RV's are sold for dimes on the dollar. The finance companies do not want to pay for storage and many are simply hoping to recoup some of their investment. While some are damaged, many are in great condition, as many people lose their RV's within just a few months after purchase.
Seizures and Surplus
The federal, state, and local government agencies all seize property for a variety of reasons. Some are for criminal activity, while others are for back taxes. After a specified period of time, these items, including RV's are sold at auction to the highest bidder. Many will also sell repossessed RV's, which is where the dealers often find stock.
Many of the same agencies also sell their surplus at auction, as well. FEMA, for example, is currently selling 10s of thousands of campers and trailers they previously stocked for hurricane relief. Some of RV's maybe in salvage condition, but many others have years of life left in them. The key is knowing where to find the auctions.
Buying from the Government
It's not as difficult as you might think to purchase a used fifth wheel RV at one of these auctions. You simply place your bid up to what you are willing to pay. Many of the RV's start out for as little as $100. If your bid is the highest, you win, just like in any other auction. It's up to you to get the RV home.
There are websites that offer listings of all the government auctions across the country. You can search by location, date, or by the items listed for sale. It's a great way to see what is available. Some of the sites will even send you updates as new auctions are listed. If you are ready to purchase a used fifth wheel RV, a government auction should be your first destination.