Financing rates

CU 3.99 for 120 months. They sent me a blank check and all I had to do was fill in the amount. Sent me paperwork by Fed Ex the flowing day.

Cash should be invested. Never spend cash on a depreciating asset when you can borrow cheaply.

When I financed my RV, it was 0%! Pay cash and interest rates are not an issue!

Just financed 1/3 of the cost of our new Montana at 3.89% through US Bank for 60 months.

Don't like financing toys but sometimes you do what ya got to do. Just picked up a maverick, truck was paid off. My CU let me take out what I needed, up to blue book on truck @ 1.74% instead of the 5.99 motorcycle loan.

4.9 ...but a lot of this is based on your credit rating, we pick up our new trailer next weekend.

ga80486 wrote:
That does seem high. Here's the rate at my CU.

New & Used Motor Homes, Motorcycles, Trailers, Boats, Campers
1.95% Up to 84 mo. Longer terms avail.

Wow thats a really low rate! The lowest I can find so far is 4.59% for upto 120 months.

That does seem high. Here's the rate at my CU.

New & Used Motor Homes, Motorcycles, Trailers, Boats, Campers
1.95% Up to 84 mo. Longer terms avail.

rockhillmanor wrote:
What people forget is the financing rate for anything is based on your credit. NOT what the stock market or internet loan website posts for the day. :W

And btw did you all know that that interest rate changes hourly? For jumbo loans it's real important 'when' you lock you loan in after being quoted.

20 people could buy an RV from the same place and obtain the same loan amount and all could have different interest rates.

I understand that completely as I worked in lending for roughly a decade. I still like to know what others are getting to make sure I am in the ball park and not getting ripped off. In my opinion its not much different than asking how much someone paid for their rig. There are a lot of variables but it is always good to have a good idea of what others are paying.

What people forget is the financing rate for anything is based on your credit. NOT what the stock market or internet loan website posts for the day. :W

And btw did you all know that that interest rate changes hourly? For jumbo loans it's real important 'when' you lock you loan in after being quoted.

20 people could buy an RV from the same place and obtain the same loan amount and all could have different interest rates.