RV Bill of Sale Form
Download an RV (Recreational Vehicle) Bill of Sale form when selling a motorhome, trailer, fifth-wheel, or camper. Both private sellers and dealers benefit from this document as it legally proves that they are no longer liable for the recreational vehicle. The buyer can also use it to show their ownership when registering or reselling it.
How to Sell an RV
Patience and time are critical when selling an RV. To make the transition flawless, these tips below serve as a concrete checklist from start to finish.
Step 1 – Prepare it
Use Your Senses
Buyers will use their senses to decide whether or not they want to buy a trailer. The smell of an RV tends to stand out first. Rid traces of mold, mildew, rotten food, or even mothballs. If you can’t eliminate the stench naturally, there are many store-bought products that will do the trick.
Not only does smell play a role, but also eyesight. Recreational vehicles are especially susceptible to mold and mildew. Removing the fungi will make the trailer look newer and more appealing. Again, there are many products that can take away caked-on messes. Spider webs and animal nests of any kind (inside and outside) also detour shoppers, so pay special attention to corners and hidden areas where creatures might reside. Give it a detailed wash and wax, too, so it looks its best.
Touch has a large impact, as well. If wood panels feel worn or like water has bubbled underneath countertops, they are going to feel squishy or rough. People touring it may also feel for water leaks in the roof or any areas that feel like they are going to be problematic. Give the RV a detailed run-through pressing into all surfaces to make sure they are sturdy and undamaged.
Lastly, buyers are going to use their hearing. They may listen for squeaks, the sound of water leaking, or equipment that has an off noise. Perform a check of all appliances inside the RV and outside of it to make sure that everything is running correctly. Pay special attention to areas like the brakes that can make or break a sale.
Having the proper paperwork can make or break a deal. Most buyers will want to know the RV’s history to make sure that it is in tip-top shape. If it has had an accident or has had a major repair, it is not necessarily a deal-breaker. In fact, it may even increase the buyer’s trust if you let them know what the trailer has gone through. Being honest will make you as the seller seem more credible, making them more likely to buy. In addition to the maintenance records, also show them proof of the following documents:
- Bill of Sale (Current and New)
- RV Manual
- Other important documents
If you have not paid off the loan on your RV, take steps to sort out the details before listing it. It may help to contact the loan provider to let them know about the sale. Inquire about important steps in the process to ensure that the transition goes smoothly. While it depends on the provider, it is likely that you will simply need to pay them back before pocketing the cash.
Step 2 – Appraise it
When selling any item, it is natural to want to make the most money. That said, it’s important to follow a strategy when valuing an RV and selling it. If the amount is too low, you’ll be cutting yourself short of well-deserved funds. But if the price is too high, buyers are not going to bother touring it because they will not feel like they’re getting a good deal. So, you’ll want to feel confident about the price you’re offering. If you have experience with selling, you may know the value of a motorhome right off hand. But if you’re not sure, that is okay, too. There are many tools out there that can be used for appraisal.
First, think about the factors that impact the cost. Each mobile home requires special consideration because they are all so different. The list below includes a few areas to keep in mind when thinking about the value.
- Special features (i.e. electricity/propane, number of bed/bathrooms, seating, slide-outs, etc.)
- Make and Model
These are not the only factors that play a part. The largest factor is whether or not the trailer is vintage. Similar to a motor vehicle, depreciation occurs with almost any RV right after purchasing new. At the moment of the sale, the value automatically drops 30%. By the end of the first year, it will have decreased by 10%. For each year that follows, you lose another 6% from the original price. Although a vintage RV (like an Airstream) will likely increase in value over time.
Books and Textbooks
It can be useful to reference a how-to book with tips for valuing an RV. Local campgrounds or libraries may have textbooks written by professionals who will help you to figure out an ideal selling point. Even when utilizing these sources, it doesn’t hurt to double-check your work with an experienced person or online resource, so you know you’re getting the right price.
The internet can be a great way to find out how much your RV is worth. Before diving in, take some time to research. Trusting just any site might not help you to find out an accurate answer. Popular sources that many other sellers use to value their trailers include NADA and PPL. Being as honest as possible in the questionnaire will provide the best estimate.
Dealers & Professionals
If you’re willing to spend money to appraise your motor home, consulting with a local dealer or professional may be a potential option. The benefit of using this method is that their appraisal is trustworthy because they are receiving money for their services. They are also more likely to provide an accurate valuation since they are not selling it. However, if they are going to be the ones selling the RV, they may overvalue it so they make more money.
Step 3 – Get the Word Out
Advertising is the most crucial part of the process. If you’re a private seller, put a great deal of energy into this step to attract a large crowd of interested folks. Getting creative with this step is encouraged with consideration to both your location and bandwidth. It may make more sense to consult with a dealership or trusty friend if you’re busy and do not have time to advertise and tour.
Another area to think about is the time of year. If it’s relatively warm year-round, any month can be a great time to sell. On another note, in northern locations, this approach may not make as much sense. Spring and summer could be better options in this case since people do not use recreational vehicles as much during the winter months. Either way, the presentation makes the biggest impact. Always remain cordial and be transparent to earn the respect of the shopper. Above all, persistence is key. Remember that advertising will make a big difference with how fast it sells, as well.
Be resourceful and get creative. Visiting a nearby campground and chatting with the manager may open up doors. They may have a bulletin board or newsletter for marketing. The owner may even allow the RV to be stored and advertised on their property. Don’t be afraid to bring up the sale to others and explore what’s out there.
Networking can be a key piece when selling. People talk to others which can help bring in buyers. Facebook, Instagram, Twitter, in addition to other social media platforms, are also great ways to spread the word.
Attractive signage appeals to buyers. Post fliers on telephone poles, bulletin boards, or any high-traffic area. Make sure that the poster is clean, organized, and includes all of the key details in the sale.
Many online sites advertise other people’s items. Always use caution when exploring these options because scams can happen quickly. Common sense and internet safety can provide reassurance and help find a legit buyer. Craigslist, eBay, RVT, and RV Trader are all trustworthy platforms. Again, use them at your discretion since anyone can take advantage.
Hire an RV Dealer or Broker
Luckily, there are alternatives if time or resources do not allow for a private sale. Although it is less profitable, the RV can be sold on consignment through a broker or dealer. They will advertise for you, as well as offer tours to interested buyers. Note that you should always read the fine print of the details for the sale. Take extra steps to sort through the paperwork, particularly when it involves how the money will be divided.
Step 4 – Complete Paperwork
As soon as the deal is made with the buyer, sort out the logistics. First, give them the proper documentation, such as the title. Next, complete the bill of sale together. Specifically focus on all of the description boxes for the RV (i.e. make, model, length, etc.). Also, write down all of the valid contact information for both yourself and the buyer. If the RV has something wrong with it or needs repair work add that into the form so you are no longer liable. Collect payment from the buyer and then sign it to seal the deal. While you can notarize the document to make it official, it is not required.