big bird 2 wrote:
The home equity loan is cheaper and may qualify for a tax deduction. But the best financing is you. Pay cash.
Paying cash is always nice, but heres my take.
In the past 5years I have purchased two new vehicles , with some money down, trade-ins, and financed the rest. One loan was 1.69 percent interest the other 1.9. Wouldn't make much sense to use my money would it ????
Not sure what RV interest rates are these days,just depends on what your money can make, and what you have to pay back. Never been a fan of putting my home up for hock to buy toys ,vehicles or such that depreciate .