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Pros and Cons: Buying a New RV versus a Used RV

Pros and Cons: Buying a New RV versus a Used RV

A new RV versus a used RV. Once you figure out what type of RV you want or need, the next biggest question will probably be whether to go new or used. Open up any social media group and you will see this debate raging.

The lure of the open road and a ticket to adventure is what draws many people to RVs. But the path to RV ownership has its own set of advantages and drawbacks when you look at a new RV versus a used RV. Understanding them is key to navigating this exciting (and sometimes overwhelming) purchase.

New RV: Sparkling Appeal, Steeper Price

Image courtesy of Trekers.

Pros:

  • Warranty peace of mind: Breathe easy knowing most systems are covered for the initial period.
  • Latest features and technology: Enjoy modern conveniences like touchscreens, energy-efficient appliances, and advanced safety features.
  • No hidden surprises: Everything should be in pristine condition, minimizing the risk of immediate repairs or updates.
  • Pride of ownership: Savor the feeling of rolling out in a brand-new home on wheels.

Cons:

  • Sticker shock: New RVs come with a hefty price tag, so be prepared for a significant financial investment.
  • Rapid depreciation: Brace yourself for a substantial drop in value within the first few years. Some would argue the value plummets the second you drive away from the dealership, and they’re not entirely wrong!
  • Initial “shake-down” period: Expect to encounter minor issues as the RV settles. Nearly every dealer does a Pre-Delivery Inspection (known as a PDI) to address issues during production. Whether you’re spending $25,000 or 10 times that amount, every manufacturer has things happen during the initial build.

Used RV: Budget-Friendly Charm, Potential Pitfalls

Pros:

  • Significantly lower cost: Used RVs offer the most bang for your buck, allowing you to explore the RV lifestyle without breaking the bank.
  • Slower depreciation: The value won’t plummet as dramatically as a new RV. Keep in mind that an already depreciated unit may cause some concern for banks when you try to get a loan financed.
  • Unique finds and customizations: Discover one-of-a-kind rigs with personalized touches and upgrades. We have some amazing renovated rigs for sale in our Marketplace.
  • Potentially broken-in: Many common issues have probably already been addressed by the previous owner via warranty work or a do-it-yourselfer who stayed on top of issues as they arose.

Cons:

  • Unforeseen mechanical problems: Hidden repairs can quickly eat into your budget.
  • Outdated features and technology: You might miss out on the latest advancements in comfort and efficiency.
  • Thorough inspection required: Be prepared to invest time and effort in scrutinizing the RV’s condition. It often pays to invest in a professional inspection, even if the used unit is being purchased from a dealership.
  • Limited warranty options: Warranties on used RVs can be pricey and hard to come by depending on the rig’s age.
Image courtesy of Trekers.

New RV versus a used RV

  • Despite the higher cost, new RVs shine for those seeking peace of mind, modern amenities, and a brand-new experience.
  • Used RVs cater to budget-conscious adventurers who enjoy the thrill of the hunt and are comfortable with potential repairs.

Remember, regardless of your choice of whether to buy a new RV versus a used RV, do your research. Also, consider having the RV inspected thoroughly, and factor in ongoing maintenance costs before committing to a purchase.

Read Next: The Best Guide for Buying a New RV

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