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How to Sell an RV With a Loan?

How to Sell an RV With a Loan?

A lot of people want to sell their RVs. But they often don’t know how to go about getting a loan for the sale. In this article, we will provide a comprehensive guide on how to sell an RV with a loan. We will answer some of the most common questions that people have about this process, and we will give you some useful tips that will make it easier for you to get the loan that you need. So if you are thinking about selling your RV, make sure to read this article!

Find Your RV True Value

The first step in selling an RV with a loan is to determine the true value of your vehicle. While market research can be time-consuming, it’s important to understand what your RV is really worth so you don’t end up missing out on potential profits or taking a loss by underpricing the sale.

There are several resources available online and offline that can help you determine the fair market value for your RV.

Once you have determined the approximate value of your RV, take this into account when setting the price for its sale. Depending on how much you still owe on your loan, you may decide to start off with a slightly higher asking price than what you calculated for its true value. This can help cover any outstanding loan payments if the sale price is lower than expected.

It’s also important to remember that other factors, such as maintenance and/or upgrades, may also affect the overall value of your RV. Make sure to include these in your calculations when determining the true value of your RV for sale. Lastly, keep in mind that market conditions can always vary; be prepared to adjust your asking price accordingly if needed.

Find Your RV True Value

How to Determine the RV’s Value?

If you have a loan on your RV, chances are it’s worth more than the amount of the loan. Before selling, it is important to determine the value of your vehicle. This will help you price it competitively and get a better understanding of how much money you can expect to receive from its sale.

You can research online for an estimate of the value. Several websites offer a free appraisal tool which compares your RV’s make and model with those sold recently in your area so that you get a good idea of what buyers may be willing to pay for it now. You can also use industry publications such as NADA guides or Kelley Blue Book for further assistance.

It is advisable to get an appraisal from a professional RV dealer or appraiser. They can give you a more accurate idea of what your vehicle is worth in the current market. This will also be helpful when it comes to negotiating with prospective buyers.

Figure the Difference in Financials

The next step when selling an RV with a loan is to figure out the difference in financials. You will need to determine how much you owe on the loan and what amount may be left over after paying off the loan. This leftover money can be used for repairs or additional costs associated with selling your RV, such as advertising and preparing the paperwork.

It’s important to remember that when selling an RV, you’re responsible for paying off the existing loan before any money changes hands between you and a buyer. The bank will likely require paperwork showing proof of sale, so make sure to contact them ahead of time to get everything organized.

Figure the Difference in Financials

Sell Privately

Selling your RV privately is an option if you don’t have too much of a loan left on the vehicle. When selling the RV, you’ll need to make sure that the buyer pays off any remaining debt so that the title can be transferred to their name.

Make sure to get payment from them in full, preferably with cash or certified funds, as this will ensure a smooth transaction for both parties.

It may also be beneficial to speak with your lender prior to listing your RV for sale, as some lenders may require that you list it at a certain price and provide proof of sale before they will release the title. Be aware that any liens placed on the vehicle must still be paid off even if it is sold to a private party, so make sure to factor this into the sale price.

It’s also important to be honest with potential buyers about any loans on the vehicle and provide them with all the necessary paperwork that they may need to make an informed decision. It’s usually best not to disclose too much information about your loan if possible, as it can lead to negotiations over the price that you may not have anticipated.

Sell Privately

Finally, it is recommended that you have a written contract in place before transferring ownership of the RV, as this will protect both yourself and the buyer in case there are any future issues or disputes. A well-written contract will ensure that both parties know their rights and responsibilities related to the sale, giving you peace of mind that the transaction is handled in an appropriate and legal manner.

Stand out Among Competitors

When selling an RV with a loan, it’s important to stand out from other vehicles on the market. This can be done by ensuring that your vehicle is in top condition and highlighting any features or amenities it has over similar ones for sale. Keeping the interior and exterior clean, checking all systems are working properly, and providing maintenance records to buyers will help make your RV more attractive.

In addition, you should also consider offering some incentives to potential buyers such as warranty coverage or extended service contracts. These can help sweeten the deal and give people extra assurance that their purchase is getting them good value for money. Lastly, don’t forget to advertise your RV in multiple outlets so that it reaches as many people as possible! This can include online platforms, print ads, and even word of mouth.

By taking the time to make sure your RV is in good condition and offering incentives for buyers, you can help ensure that you get top dollar for it when selling an RV with a loan. With a little bit of effort, you can find the right buyer who will be willing to pay off the remaining debt and let you walk away with some extra cash in your pocket.

Securing the Deal Using an Escrow Account

If you’re looking for an extra layer of security when selling an RV with a loan, using an escrow account can be a great way to do so. An escrow account is a neutral third party that holds onto money until both parties agree on the sale. This ensures that neither the buyer nor seller has access to the funds until all paperwork is signed and the title is transferred in the appropriate name.

The process works by having the buyer deposit money into the escrow account at closing, which is then held until all documents have been signed and approved by both parties. Once everything has been finalized, the money will be released from escrow and sent to you or your lender as appropriate. Escrow services provide added security and peace of mind to both parties involved in the sale, making it a great option for those selling an RV with a loan.

Sell Privately

Selling an RV with a loan can be complicated and time-consuming, but following these steps can help ensure that you have a smooth and successful transaction. By taking care of all necessary paperwork, speaking to your lender prior to listing your RV, and using an escrow account if desired, you should have no trouble finding the right buyer who is willing to take on the remaining debt. With some patience and preparation, you’ll soon be able to walk away with extra cash in hand!

Completing The Sale

Once you’ve found a willing buyer who is ready to take on the loan, you’ll need to take care of a few final steps in order to complete the sale. This includes transferring ownership of the RV and completing any necessary paperwork with your lender and buyer.

It is important that all documents are filled out correctly and signed by both parties in order for the transaction to be completed properly and legally. Once the title has been transferred, you will be able to receive payment from the buyer or pay off your loan balance depending on what was agreed upon during negotiations. [1]

The last step is ensuring that everything has gone smoothly — double check that payments have gone through as expected, verify registration details are correct, and make sure that all of the paperwork is in order. With these steps completed, you should be all set to enjoy the extra cash from your sale!

Sell to a Dealership

Selling your RV to a dealership can be a great option if you are looking for an easy and stress-free way to get rid of your RV. The benefit is that the dealership will typically take care of all the paperwork, including paying off your loan. However, one downside is that dealerships may not offer you full market value for your RV. You should also keep in mind that some dealerships may require you to pay a fee or commission in order to use their services.

Sell to a Dealership

Other Options

If you cannot pay off the loan, there are a few other options available to you when it comes to selling your RV.

One option is to sell the RV and use the proceeds of the sale to pay down some or all of the outstanding balance on your loan. This will help reduce the amount owed and make it easier for a buyer to assume responsibility for the remaining balance.

It may also be possible to refinance your existing loan into a new one with better terms. This can lower your payments and allow you to keep more money from the sale of the RV.

Be sure to research lenders carefully before choosing one as there can be different rates and fees associated with refinancing.

Finally, if you have equity in the RV, you can take out a home equity loan to pay off the existing loan. This will allow you to keep some of the proceeds from the sale and use it for other expenses.

Trade Down

Another option is to trade down your RV for a less expensive model. This can be done either through the same dealership you purchased it from or by finding another dealer in your area.

The advantage of trading down is that you pay off the entire balance of your loan and start fresh with a new model, though this may not be possible depending on what type of RV you have and its value. Be sure to do your research before deciding if trading down is right for you.

Rent It Out

If you would like to keep your RV and make some money from it, consider renting it out. This can be done through peer-to-peer rental platforms or directly out of a campsite if you have one near you.

Other Options

This can be a great way to make extra money while still retaining ownership of the RV. Just make sure that you check your local laws to ensure that it is legal and that you are properly insured before going ahead with this option. [2]


How do you sell a camper when you still owe on it?

The process for selling an RV with a loan is similar to that of selling a car or any other type of vehicle. The first step is to contact your lender to ask if they will allow you to take out the loan and transfer it over to the new owner. If your lender agrees, then you must get permission from them in writing before proceeding. You should also make sure that all paperwork associated with the loan is up-to-date and in order, including any payments made on the camper since taking out the loan.

Once you have everything in place, it’s time to find a buyer. You can list your camper online or post signs around town advertising it for sale. When someone expresses interest, you must provide them with a copy of the loan agreement and other documents related to the transfer. You should also be prepared to answer any questions they may have about the RV, such as its condition or any maintenance work that has been done on it recently.

The final step is to arrange for the new owner and lender to meet in order to complete the transfer process. Once everything is settled, you will need to sign over any ownership rights and hand over all relevant paperwork (e.g., titles, and registration). After this, you can receive payment from the new owner and use it towards paying off your loan.

Selling an RV with a loan isn’t always easy, but it can be done if you are willing to take the time to research and understand all of the steps involved. With a little patience and effort, you should be able to find a buyer who is willing to take over your loan and close the transaction successfully.

How many years are most RV loans?

Most RV loans are typically taken out for 10-to-15-year terms.

It’s important to note that even if the loan is paid off before the end of the term, you still may be responsible for paying interest as agreed in your loan contract. [3]

What time of year should you sell an RV?

When it comes to the best time of year to sell an RV, there are a few factors you should consider. Generally speaking, spring and summer are the most popular times for people to buy an RV, so those months can be your best bet. The demand is usually higher during these months and more buyers will likely be looking, giving you a better chance at getting a great sale price. Additionally, RVs are typically used during the warmer months, so potential buyers may prefer seeing one that has been recently used as opposed to one that hasn’t seen any use in several years or even decades. [4]

It’s also important to note that if you need to get rid of your RV quickly due to financial circumstances or other reasons, it can be beneficial to list it for sale during the off-season. This is due to the fact that there may not be as many buyers looking around, but the ones who are searching might be more willing to cut a deal since they know they’re not competing with as much competition.

What is the RV 10 year rule?

The RV 10 year rule is an Internal Revenue Service (IRS) regulation that states you can only sell a recreational vehicle (RV) with a loan after 10 years in order to be exempt from capital gains taxes. This means if you sell your RV within the first 10 years, you may have to pay taxes on any profits you make. It’s important to note that the 10-year period begins when you originally bought the RV, not when it was made or when your loan term began. [5]

What is the fastest way to sell an RV?

The fastest way to sell an RV is by leveraging the power of online resources. There are many websites dedicated to helping buyers and sellers connect, with options for both private sales and dealer sales. Additionally, advertising your RV in local print publications or in social media can also be a successful method for selling quickly. Although this method will likely require some effort on your part, it typically yields fast results and can help get you top dollar for your RV.



Selling your RV with a loan can be a tricky process, but you don’t have to go it alone. With the right guidance and knowledge of what to expect, the transaction can go much more smoothly. Make sure you get all the paperwork in order before you start advertising your RV for sale. Have an open line of communication between yourself and the buyer throughout the process so that any issues that may arise can be addressed quickly and efficiently. Finally, make sure your lienholder is aware of every step of the process as they will need to provide clearance before you can close on the sale. Good luck!


  1. https://camperfaqs.com/how-to-sell-a-camper-with-a-lien
  2. https://www.rvingknowhow.com/selling-camper-with-a-lien/
  3. https://www.macu.com/loans/vehicle-loans/rv
  4. https://www.jdpower.com/rvs/shopping-guides/how-to-sell-a-travel-trailer
  5. https://rvlife.com/ten-year-rule-at-rv-parks/