What Is Consignment?
This ten-dollar word isn’t as complex as it looks. All “consignment” means is relinquishing the control of an item to another party. In this case, you’re relinquishing the control of your RV to a dealership like RV Master Techs so that they can serve as a third party when it comes to actually selling your RV. You’ll sign some paperwork that gives them the right to repair, promote and sell your RV while maintaining ownership in the meantime.
It may be challenging to give up control of your RV if you’re not sure what’s going to happen. However, consigning your RV is the best way to sell it in a timely fashion so that it’s not languishing on your property for months at a time with a fading “FOR SALE” sign in the windshield.
A lot of money does change hands, so you’ll want to do your homework to make sure it’s the right option for you. But a professional dealer like RV Master Techs can do all the dirty work and get your RV sold in a fraction of the time it would take for you to sell it yourself, because we know how to promote it to potential buyers.
Things To Know
Consigning your RV is a complicated process and you’re probably curious about some of the ins and outs of it. For example, you may be wondering what’s in it for us. It’s true that there is a consignment fee given to the dealership that sells your RV for you, and this fee is generally based on the final sale price of your RV. Look up the current value of your RV online so you know where you’re starting from when you’re negotiating a consignment fee with a dealer.
Consignment fees also change between dealerships and between models. You’ll want to know how the dealer you work with collects the fees and whether they do detailing work to touch up the RV before it’s sold, since this will cost more money (although it’s generally worth it to ensure the RV is sold in a timely fashion).
Insurance is another factor. Even if you’re not using your RV during the selling process, you’ll want to know if your RV insurance will cover your RV while it sits on a dealer’s lot or if they have separate consignment insurance to protect the RV if anything goes wrong, like a car backs into it.
Finally, you won’t be able to use your RV while it’s on a dealer lot, so make sure you’re absolutely done traveling in it before you consign it!
Come see us at our location in Glendale, AZ, to check out our vast inventory of new and used RVs for sale. You can also talk to our staff about our RV consignment options, along with the many other RV services we provide. RV Master Techs proudly serves all of our Arizona customers in and around the Phoenix area.