When an RV is haplessly tossed into the category of junk, its owners face a whirlwind of emotions, from fears of what to do with it to the melancholy blues of knowing that it’s time to let it go. Plenty of RVers grow very attached to their rigs and there’s nothing wrong with that. It becomes a problem when they toss far too much cash at them to keep them operational. There comes a point when throwing good money after bad is financially foolish, yet many RV owners do it anyway.
Is Your Old RV Actually a Junk RV?
Many owners of older RVs will make claims that their rigs aren’t junk and will refer to them as vintage or classic. While this may be accurate for some, for most, it’s a delusional belief. Once an RV owner is putting a lot of money into maintaining their rig, it’s most likely well within the definition of being a junk RV.
The main factor that puts an old RV into the category of being a junk RV is when the cost of keeping it roadworthy is equal to 50% or more of its resale value. The owners of old RVs can quickly determine what their rig’s resale is worth by consulting with an online RV value calculator. Once armed with this figure, by tallying required repair costs, they’ll learn if their rig is worth repairing.
How To Turn Your Junk RV Into Profit
It can be as equally difficult to let go of a junk RV as it is to realize that it is one. Once you’ve gotten over the emotional attachment to it, it’s time to figure out what’s the best way to sell it for a profit. There are a few methods to selling them, and depending on what your priorities are, you’ll settle upon which one is best for you. If you’ve finally seen the light and are ready to remove this hole in the wallet from your life, you can get cash for junk motorhome in Virginia by selling it to a specialized junk RV dealership. If not, and you are still shopping around for other options, below we have made a short list:
Donate Your Junk Rig to a Charity
For a “feel good” way to unburden yourself of a junk RV, you can donate it to one of the many non-profit organizations that will haul away your rig. While this method of disposal won’t immediately provide a profit, once the organization sells it, you’ll be sent a document that provides what your rig was sold for. This document can be used as proof of a charitable donation that can be used as a tax write-off.
Sell Your RV to a Specialized Dealer
For ease of sale and maximum profit, offering your wrecked rig to a specialized dealer will get you the biggest bang for your buck. Professional junk RV buyers pay top dollar for all kinds of rigs. They won’t bat an eye at rigs with high mileage, decades of use, or even those that require expensive repairs. Specialized junk RV dealers will come directly to you, haul away your rig, and leave you with cash in hand. This is the easiest and most profitable method of letting go of your difficult-to-sell RV.
Scrap Your Rig to a Scrapyard
Another option for unloading a junk RV is to bring it to a scrap or junkyard. These businesses see the value in them by the metal and working components they can harvest from them and resale for a profit. While a scrap or junkyard won’t pay top dollar for junk RVs, they are a fairly easy method of disposing of them. The owners of junk RVs sold by this method can rest easy with the knowledge that their rigs didn’t end up in a landfill and that all parts of them will either be recycled or repurposed.
Transforming Your Junk RV Into Profit: The Bottom Line
Once you’ve accepted the fact that your RV is actually a junk RV, you’ll need to determine the best way not only to dispose of it but also to make a profit. Selling to a specialized dealer who buys all kinds of RVs is your best bet. They’ll pay the most money, haul it away for free, and leave you with cash in hand.