Forum Discussion
RoyBell
Aug 20, 2019Explorer
In my experience, local CU seem to have the most aggressive rates unless you can beat the dealer up to match.
I am buying new and my local CU is the same as the dealers bank this time. Both are ~5.2% on a new rig ($40K loan). I am hoping that rates drop a bit by the time it comes in or I may just take out of savings. My last RV loan in 2015 with the CU was 4.25% (albeit a lot less $) and the dealer bank wanted close to 6%. Crazy rates for the amount of financing on these bigger rigs.
I am buying new and my local CU is the same as the dealers bank this time. Both are ~5.2% on a new rig ($40K loan). I am hoping that rates drop a bit by the time it comes in or I may just take out of savings. My last RV loan in 2015 with the CU was 4.25% (albeit a lot less $) and the dealer bank wanted close to 6%. Crazy rates for the amount of financing on these bigger rigs.
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