There's no better time to buy an RV! You've searched and researched and you've
found the RV of your dreams! Whether it's new or used, the question now is how
can you afford to make that dream a reality? The answer: by financing your
purchase with terms that make it affordable for most every budget.
RV Brands like Forest River
and Keystone, will offer you and your family tons of enjoyment with the RV Lifestyle. Our
inventory also contains a variety of pre-owned RVs.
Why Finance Your RV?
When you finance your purchase instead of liquidating assets or paying cash,
you maintain your personal financial flexibility. Plus, your RV may qualify
for some of the same tax benefits as a second home mortgage. Of course, check
with your tax advisor, but basically to qualify for these benefits, such as
the deductibility of interest on the loan, the RV must be used as security for
the loan along with providing basic living accommodations such as a sleeping
area, bathroom and cooking facilities. Remember, the RV is considered a
qualified second residence as long as you designate it for each tax year."
What are the advantages of financing through a RV lending
specialist?
Down payments are lower - Although final terms are determined based on your
credit profile and the age, type and cost of the RV being purchased, financing
through RV lenders usually requires down payments in the 10% range.
Finance terms are longer / Monthly payments are lower - Because RV finance
specialists know that RVs maintain their value and resale appeal, they tend to
offer more attractive terms. In fact, it's not uncommon to find 15-20 year
repayment schedules to help you afford the RV of your dreams.
The Last Word on RV Financing
Your RV might actually cost you less in the end if you finance your purchase.
By not tapping your financial assets to purchase the RV, you can take
advantage of attractive new investment opportunities that might come along and
the earnings from those investments can potentially exceed the cost of your RV
financing. The bottom line is that if you are thinking of buying an RV, you
should check financing options to maximize your purchase enjoyment. You'll be
on the road enjoying your new RV before you know it!
