An RV loan should not hinder you when you’re ready to sell your RV. An RV buyer will take over the payments if you are still paying off a loan on your RV. A quick exchange or trade-in of your RV can get you the setup of your dreams. If you need help refinancing your RV, we can help.
RV payments: how do they work?
You can often transfer your payments to RV dealers who buy used RVs. Motorhomes or towables with loans are not required to be settled before being sold, even if they are significant. A buyer who does not assume the remainder of your loan will have a harder time finding you. Due to the fact that you are selling to one person, you are able to do this. Certain circumstances prevent lenders from transferring a loan to an individual. If you are selling the RV directly to a dealership, you must repay the loan before trading it in.
You can sell your RV on loan by following these tips:
If you are selling your RV with a loan, follow these tips to maximize its value:
- Check with your lender about the status of your loan.
- Make sure your RV is properly registered.
- RV upgrades must be tracked.
- You must have a loan if you are selling or consigning an RV privately.
- A loan doesn’t pose a problem when selling your RV. You can get cash for your RV by contacting us today.
Liens or loans on your RV do not affect your ability to sell it. Usually, the best way to market your RV in this situation is to sell it to a dealership that buys used RVs. These dealerships can take over your current loan so you can sell your RV hassle-free. So, your existing loan will not need to be repaid, and your RV can be sold quickly.