Selling your RV is a great way to get rid of it. However, you may want to hold onto it until the right buyer comes along. Consigning your RV is one way to keep it off the market, but there are pros and cons to this approach. Here’s how to consign RV at an auction:
What is Consigning?
Consigning is the process of selling your RV to an auction company. The auction company will sell your RV at an auction and take a commission on the sale of your RV. If you’re looking for a quick sale, this is the best way to go.
The consignor has no responsibility beyond dropping off their vehicle and signing over ownership rights—all other details are handled by the auction company, who will typically take care of registering all necessary paperwork with local authorities for licensing purposes (and sometimes even arrange for shipping).
The Process of Consigning an RV
According to Camping World’s professionals, “The best way to consign your RV is with an auction company that has a proven track record of selling RVs.” You’ll find that auction companies have different methods for handling the selling process, but they will all be happy to answer questions and help you make the right decisions.
To get started, you should first contact the auction company of your choice to find out more about their services and fees. Some companies may offer incentives such as free pickup or delivery, while others charge extra for this service or may only pick up if you live within close proximity to their headquarters (which can sometimes reduce travel time).
How to Choose a Company to Sell Your RV at a Consignment Auction
Before you sign up with any company, make sure it’s reputable. A good way to do this is by asking them for references and checking out the websites of similar companies that they’ve worked with in the past.
Ask them about their auction process—how long it takes from the time you consign your RV until it sells, how much money they take up front and when they give you back any proceeds from selling your RV. You may want to ask about their reputation in the RV community as well—you want to work with a company that has relationships with other owners who are happy!
Advantages of Consigning Your RV
- You don’t have to worry about selling your RV yourself.
- You get a guaranteed minimum price for your RV, whether it sells or not.
- You can still sell your RV if you don’t get the minimum price.
- Even if the auction house doesn’t think your vehicle is roadworthy, they’ll still take it in and sell it on consignment (for a reduced fee).
Disadvantages of Consigning Your RV
- You will not get to choose the auction
- You will not get to choose the price
- You will not get to choose the terms of the sale
- If your RV does not sell, you may not get a full refund
Consigning your RV can be a great way to sell it and get the most out of it. If you have an RV, then you’re probably looking for the best way to sell it. Hope this article helped you understand how to consign RV at an auction.