Learn 5 ways to negotiate a lower new RV price tag and the top 10 RVS under $150,000. After you learn this information we suggest you look at Camping World and Blue Compass RV to find one within your budget.
TOP 5 WAYS TO NEGOTIATE A LOWER PRICE FOR YOUR NEW RV
Purchasing an RV is a significant investment, and getting the best possible deal can make a substantial difference in your overall satisfaction and financial health. Whether you're a seasoned traveler or a first-time buyer, negotiating the price of your RV can seem daunting. However, with the right strategies, you can secure a better rate that fits your budget and maximizes your investment. Here are five effective ways to negotiate a better rate for your RV price.
1. Research RVs and Your Needs
Before you even step into a dealership or contact a private seller, arm yourself with as much information as possible about the RV you want to buy. Research the make, model, and year of the RV, and compare prices from various sources. Websites like NADA Guides, RV Trader, and Kelley Blue Book can provide valuable insights into the fair market value of the RV. Additionally, read reviews and join online forums to learn about common issues or benefits associated with the specific RV model.
Tips for Effective Research:
Price Comparison: Use multiple sources to compare prices. Look at dealerships, online marketplaces, and private sellers to get a comprehensive view of the price range.
Market Trends: Understand the current market trends. Are RV prices generally rising or falling? Knowing this can help you decide the best time to buy.
Model Specifics: Be aware of the specific features and any potential issues of the model you're interested in. This knowledge can be a powerful tool in negotiations.
2. Be Prepared to Walk Away
One of the most powerful tools in any negotiation is the willingness to walk away. This doesn't mean you should be aggressive or confrontational, but rather that you should have the mindset that you don't need to close the deal at any cost. If the seller knows that you're prepared to walk away if the price isn't right, they may be more inclined to offer a better deal.
How to Show You're Willing to Walk Away:
Set a Budget: Determine your maximum budget beforehand and stick to it. Let the seller know that you have a firm ceiling on what you're willing to pay.
Timing: Don't rush the process. If you're not in a hurry to buy, you have more leverage.
Alternative Options: Have a list of alternative RVs that you're interested in. Mentioning that you have other options can put pressure on the seller to offer a better price.
3. Negotiate the Add-Ons
When buying an RV, the base price is just one part of the overall cost. Dealerships often make significant profits on add-ons and extras such as extended warranties, maintenance packages, and additional features. Negotiating these add-ons can sometimes be easier than negotiating the base price and can result in substantial savings.
Strategies for Negotiating Add-Ons:
Bundle Deals: Ask if you can get a discount by bundling multiple add-ons together.
Prioritize Needs: Identify which add-ons are truly necessary for you and which are not. Focus your negotiation on the must-have items.
Service Packages: Inquire about including free or discounted maintenance services as part of the deal.
4. Timing is Everything
The timing of your purchase can significantly impact the price you pay for an RV. Dealerships have sales targets and may offer better deals at certain times of the year to meet their quotas.
Best Times to Buy an RV:
End of the Month or Quarter: Salespeople often have monthly or quarterly targets to meet and may be more willing to negotiate towards the end of these periods.
Off-Season: RV sales typically slow down during the winter months. Buying during the off-season can lead to substantial discounts as dealerships look to clear out inventory.
RV Shows: These events can offer great deals, as manufacturers and dealers compete for sales.
5. Secure Financing in Advance
Having your financing arranged before you start negotiations can put you in a stronger position. Not only does it show the seller that you're serious about buying, but it also allows you to focus solely on negotiating the price of the RV rather than getting sidetracked by financing terms.
Tips for Arranging Financing:
Pre-Approval: Get pre-approved for a loan from your bank or credit union. This gives you a clear idea of your budget and interest rate.
Compare Rates: Shop around for the best financing terms. Even a small difference in interest rates can lead to significant savings over the life of the loan.
Avoid Dealer Financing: Dealerships may offer convenient financing options, but these are often at higher interest rates. If you have pre-arranged financing, you're less likely to be swayed by potentially unfavorable dealer terms.
TOP 10 RVS UNDER $150K
- Coachmen Mirada
MSRP: $135,000
Highlights: Available in multiple floorplans, spacious interiors with slide-outs, solid cabinetry, and countertops. Perfect for those seeking a smaller Class A RV with ample guest space and a variety of optional extras. You can find the full specs on their site: Coachmen.
- Thor Motor Coach A.C.E. 27.2
MSRP: $115,000
Highlights: Modern farmhouse interior, two slide-outs, automatic leveling jacks, and pet-friendly features. Known for being budget-friendly with a fresh, updated design. You can find the full specs on their site: Thor Motorcoach.
- Forest River FR3 30DS
MSRP: $117,000
Highlights: Deep slide-outs in the main living area and bedroom, expansive floor space, and a compact size for a Class A RV. Ideal for budget-conscious buyers seeking space and functionality. You can find the full specs on their site: Forest River.
- Jayco Alante 26X
MSRP: $120,000
Highlights: Modern farmhouse interior, large slide-out in the main living area, quality construction from a trusted brand. Compact and affordable with a high level of attention to detail. You can find the full specs on their site: Jayco.
- Thor Scope
MSRP: $125,160
Highlights: Compact Class B RV with a Ram chassis, a pop-top roof for additional sleeping space, solar power, and off-grid capabilities. Great for beginner RVers. You can find the full specs on their site: Thor Scope Vans.
- Thor Rize
MSRP: $125,160
Highlights: Similar to Thor Scope, it offers solar power, onboard generators, and a bright, functional interior. Ideal for those on a budget or starting their RV adventures. You can find the full specs on their site: Thor Motor Vans.
- Winnebago Solis 59PX
MSRP: $125,000
Highlights: Features a pop-top roof, versatile floorplans, and a focus on off-grid capabilities. Well-suited for adventurous travelers. You can find the full specs on their site: Winnebago RV Van.
- Coachmen Freelander
MSRP: $130,000
Highlights: Offers a variety of floorplans, including options for families, modern amenities, and reliable construction. Known for its value and versatility. You can find the full specs on their site: Freelander.
- Gulf Stream BTouring Cruiser 5210
MSRP: $110,573
Highlights: Built on a Ford E350 chassis, offers a full dry bath, compact size, and budget-friendly pricing. Ideal for those seeking a smaller, more affordable Class B RV. You can find the full specs on their site: Gulf Stream.
- Entegra Coach Odyssey
MSRP: $130,000
Highlights: Spacious interior, multiple slide-outs, and modern amenities. Known for comfort and quality construction from a reputable brand. You can find the full specs on their site: Entegra Coach.
Summary:
We hope you found these top 5 tips on negotiating a lower price tag for RVs and the top 10 RVSs under $150,000 useful. If you do buy that new RV or if you already have one, remember that no camping trip or cross-country adventure is the same with a BumperBar to help you make drink mixing and food preparation easier!