The 4 Fastest Ways to Turn Your Junk RV into Cash
Recreational vehicles (RVs) have a lifespan too. With that said, you may have a junk RV lying around. But, instead of watching it deteriorate every single day, you can turn it into cash. Well, all you need to do is consider the following four fastest ways to achieve that.
- Sell the Components of Your RV
It is one of the easiest ways to maximize profits through the sale of your junk RV. If your RV is in relatively good condition, then instead of selling it as a single unit, you should consider stripping it down and then selling its components.
Some of the components you can sell for good bucks are:
• Water pump,
• Inverter,
• Full-size RV refrigerator.
Ideally, this tip is super worthwhile if you have a vintage RV or one whose fixtures are unique and, therefore, hard to find by people who love RVs.
- Sell It to a Scrap Yard
Selling your junk RV to a scrap yard may not be as profitable as stripping it of its components before selling them (the components). However, one thing we did not tell you is that removing the components of your RV to sell them can be labor-intensive and time-consuming. Therefore, selling your RV to a scrap yard is a good option if you neither have the time nor the technical knowledge to remove these components safely.
The scrap yard you have chosen to do business with is likely to give you a flat rate and allow little room for negotiation. That is because scrap yards know that RVs are mostly made of materials that really are not valuable as far as their enterprise is concerned. Some of these materials are porcelain toilets, laminated countertops, and fiberglass walls. So, to avoid making losses, your scrap yard is likely to be a little stingy when it comes to buying your RV.
- Sell Your RV to a Junk Dealer
Another way to get fast cash for junk RV here is to contact a junk dealer and then sell your junk motorhome, campervan, or caravan to them. Junk dealers are almost everywhere. Therefore, if you take your time, be sure to find one who is more than willing to buy your old RV.
Another reason why this is a good option is that selling your RV to a junk dealer is likely to fetch you more money than when you sell it to a scrap yard. Once you have sold your old RV to a junk dealer, they will tear it down to remove viable components, which they then sell to people who need them. After that, they sell the RV to a scrap yard. It means if your RV has anything with your personal information on it, make sure you remove it before selling it to a junk dealer.
- Sell Your RV on Consignment
Selling your RV on consignment is unlikely to fetch you any serious bucks. However, it is still worth considering, especially if you are looking to save time. Most consignees that deal with the sale of old RVs take between 10% and 15% commission after your RV has been sold. They are also likely to charge you a fee for the space your motorhome, campervan, or caravan took while waiting to be sold.
It is because of these reasons that selling your RV on consignment should not be the first on your list. But, like everything with cons, selling your RV on consignment has its benefits too. As mentioned earlier, it can save you a huge amount of time. Other benefits include consignees handling the paperwork on your behalf as well as making sure the sales process goes on smoothly.
Conclusion
Ranging from selling your RV on consignment to stripping it down before you can sell its components, there are several fast and fairly simple ways to turn your old junk RV into cash. Therefore, go ahead and pick one that best suits you.
