New Travel Trailers - PROs & CONs

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New Travel Trailers - PROs & CONs

Are you considering buying a travel trailer? There are so many decisions to make. Do you want a new or used trailer? Is this going to be a cash purchase or financed? What are you willing to spend? Should you get a motor home, 5th wheel, toy hauler or travel trailer? What manufacturer are you interested in? What floor plan is best for your requirements? If you are unsettled, you should start out by looking at the pros and the cons of buying used vs. buying new. Take your time when buying your travel trailer. Do your research and avoid impulsive buys.

Now on to the PROS of buying a new travel trailer. It’s new! It is fresh and all yours! There will be a warranty in place. If there are problems, you can just take the trailer back to your dealer and they’ll repair them for free!

It will be virtually maintenance free. You do not have to be bothered with purchasing new tires, new battery, or any other part for at least a year or until the warranty has expired. And of course, there will be lots of floor plans and interior colors to choose from.

So, can there be any CONS to buying a new travel trailer? Well, new trailers do depreciate fast. A new travel trailer loses it’s value the instant you drive out of the dealers lot. If you financed with little or nothing down, you will be “upside down” owing more that the trailer is worth, possibly for years! If you have to sell your travel trailer you will most likely owe more than what it’s worth and have to come up with the difference in cash. If you are a budget minded person you almost certainly do not want to be trapped making monthly payments for the next 10 years on a travel trailer you will use -in many cases - less than 3 months out.


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