Terms of sale
Requirements and risks when purchasing motorhomes from insolvency proceedings
Purchasing a motorhome from insolvency proceedings can be complicated. It is important to understand the terms and conditions of sale, as these vehicles are usually sold “as is.” This means that there is no warranty or right of return. Buyers should be aware of the risks and be prepared to take on any repairs or defect rectifications themselves. Of course, you can also contact a specialist caravan repair shop for this.
Differences between business and private insolvency
Business bankruptcy
Motorhomes from such bankruptcies are often fleet vehicles or rental returns and may be well maintained. Their condition is usually better, but their price is correspondingly higher.
Personal bankruptcy
These are vehicles owned by individuals, which may be in varying condition depending on how they have been used and maintained.
Where can I find suitable motorhomes?
There are various ways to find motorhomes from insolvencies:
Common channels where insolvency administrators or auction houses offer vehicles that can be purchased at auction for a minimum bid.
These often come from the stock of motorhome dealers who have gone bankrupt. They are usually in good condition, as they were only used for demonstration purposes.
These motorhomes from rental fleets are sold when the company files for bankruptcy. They are often well maintained, as they are used regularly by customers.
Useful platforms and providers
Some platforms and providers that specialize in selling motorhomes from bankruptcies are:
e.g. Autoline, BVA Auctions, Troostwijk
eBay, Kleinanzeigen, mobile.de
Dealers specializing in vehicles from insolvency proceedings
What to look out for
When purchasing a motorhome from an insolvency sale, it is important to thoroughly inspect the vehicle. Here are a few tips:
On-site inspection:
If possible, you should inspect the vehicle before purchasing it. Pay attention to the condition of the bodywork, engine, interior, and electronics.
Service history:
Ask for maintenance and repair records to better assess the condition of the vehicle.
Test drive:
Take a test drive to identify any potential mechanical problems.
Expert:
Consult a professional who can thoroughly inspect the vehicle.
Importance of warranty and vehicle condition
Since vehicles from bankruptcy sales are usually sold without warranty, the condition of the vehicle is of utmost importance. It is advisable to carry out a comprehensive inspection and be aware of any defects before placing a bid or completing the purchase. Please also note that further hidden defects may occur, especially in the case of accident vehicles!
Conclusion & tips
Buying a motorhome from an insolvency sale can be a great way to save money. However, it requires care and a thorough inspection of the vehicle, as well as the necessary expertise. Prospective buyers should be aware that such purchases come without a warranty and be prepared to cover any repairs themselves. With the right preparation and a careful inspection, however, you can get a real bargain.
Our tips:
Do your research:
Find out about the terms of sale and the condition of the vehicle.
Use expert knowledge:
Ideally, have the motorhome inspected by an expert.
Be realistic:
About the potential costs of repairs and maintenance.
Be patient:
Good deals come around again and again, so it's worth waiting until the right vehicle comes along.
With these tips and a careful approach, you can save a lot of money when buying a motorhome from an insolvency sale and acquire a great vehicle.