Do you have a motor-home, travel trailer, camper-van, tent trailer or even a 5th Wheel cluttering up your driveway? Have you been trying to sell it, with no intention of replacing it? Have you thought about trading it in on a new to you car or truck? There are many pros and cons to trading in a Recreational Vehicle at a retail automotive dealer. After all, what are the chances that a used vehicle specialist has the RV knowledge to fully appreciate the value of an RV you want to trade in? Often, you will find most car dealers will try to push you away, encourage you to continue to try and sell your RV privately, or send you to a local RV dealer to sell it there. This can be confusing and time consuming. Worse still, and quite a bit more likely, the Automotive Dealer will try to offer you as little as 10 cents on the dollar. Scared of making a mistake themselves they often try to “steal” the RV trade to make sure they can quickly wholesale the RV unit to another dealer for a profit.
A major con to selling your RV privately is that you lose out on the tax savings. This item is often overlooked. If you plan on buying a car, truck, van, SUV or even another RV in the future, your tax credit is important. As it can save you thousands.
In a recent transaction at our Galaxy Motors Victoria location, our client traded in a 2013 Tracer 3200 Ultra Lite that they had been trying to sell privately with no luck for months. When they discovered they could trade it in on a vehicle, we negotiated the value, and they saved $2,400 in taxes.
In BC, once you’ve paid the tax on an item like this, you only have to pay the tax on the difference on a new purchase. This means for every $10,000 we can give you on trade for your travel trailer, motorhome or campervan, you will save $1,200 in taxes on your new lightly used car, truck, van or SUV.
Trade in your travel trailer, or fifth wheel, PAID for or not. At Galaxy Motors or Galaxy RV, our industry professionals are trained to help ensure your loans are taken care of. Many people think you can’t trade a trailer in on a vehicle purchase. Not only can you, but we can help you pay off the remaining balance on the RV and we can even help set you up with a new loan. When trying to sell your RV privately, often perspective buyers need financing and this can make the process long and often fruitless.
With 4 used vehicle dealerships on Vancouver Island we have a massive inventory of used cars, trucks, SUVs, Vans, and more! Multiple dealerships give our customers an unbeatable selection of vehicles to choose from. In fact, Galaxy Motors customers can shop all of our locations and we’ll send the vehicle they want to buy to their local dealership!
Why not trade it all? Galaxy Motors/RV does not limit you to just one trade-in! Why not trade your car or truck and your tent trailer or camper? Not only can we help arrange new financing for your new vehicle, we can help you make room in the driveway and take in the RV too!
Galaxy Motors has a solution: We built our own RV Dealership!
Our dedicated RV dealership has experienced RV Specialists onsite. They are standing by to work in conjunction with our Galaxy Motors Sales team to ensure you get a fair trade value! So if you have a travel trailer, or motorhome you no longer need, considering trading it in on a New to you car or truck today! Plus, with locations all over Vancouver Island, you won’t have to drive far to get a great deal! Come see us for fast and easy service!