Understanding the Risks of Buying an RV: Out of Trust and Lot Rot

🚫Out of trust refers to dealers going out of business, potentially leaving buyers with warranty and service issues.

🏢Lot rot occurs when an RV sits on a dealer's lot for an extended period, leading to cosmetic damage and missing parts.

💼Dealing with reputable dealers and manufacturers can help mitigate risks associated with out of trust and lot rot.

⚙️Manufacturers may still provide mechanical warranties, but cosmetic issues may not be covered after a certain period.

❌Avoid dealerships or chains that have laid off staff, as they may not be equipped to address lot rot and warranty issues.

What is out of trust?

—Out of trust refers to dealers going out of business, potentially leaving buyers with warranty and service issues.

What is lot rot?

—Lot rot is the deterioration and missing parts of an RV that has been sitting on a dealer's lot for an extended period.

How can I protect myself from these risks?

—Choose reputable dealers and manufacturers who prioritize customer satisfaction and have a track record of addressing warranty and service issues.

What if I bought an RV from a dealer that has since gone out of business?

—In such cases, it is advisable to reach out to the manufacturer and seek assistance in resolving any warranty or service-related issues.

Should I be concerned about lot rot when buying a new RV?

—While it's less likely with new RVs, it's still important to inspect the unit for any signs of lot rot or missing parts, especially if it has been on the dealer's lot for an extended period.

00:00Introduction and explanation of out of trust and lot rot

06:10Importance of verifying warranties and services when buying from dealers at risk of going out of business

14:55Understanding lot rot and its implications for cosmetic and mechanical issues

22:40Highlighting the role of reputable dealers and manufacturers in mitigating risks

28:05Coverage of warranty issues and limitations for cosmetic damage

33:40Warning about dealerships or chains that have laid off staff and may not adequately address lot rot and warranty issues

39:20FAQ section covering common questions about out of trust, lot rot, and how to protect oneself from these risks

45:50Final thoughts on the importance of being informed and cautious when buying an RV