How Do You Buy Bank Repo Campers?
If you want a great camper at a bargain price, consider repo campers. With a repo camper, you can often find like-new quality at just a fraction of the new camper price. This is because repo campers have often been repossessed by the bank within just a few months of when they were purchased, and sometimes before they were even used by the original owner. And yet, once banks take repossession, they aren’t out to make a profit – they just want to get rid of the camper as quickly as possible. This means low prices for the buyer. The easiest way to buy a repossessed camper is from a dealer; however, keep in mind that dealers put a 30-40% markup on repo campers they purchase at auction. So even though a repo camper from a dealer is cheaper than a new camper, you can get an even better price by going straight to the source – repo auctions. These are auctions held by banks or other lending institutions that allow them to offload lots of repossessed items at one time. Repo auctions are not wid
