Looking to purchase as a combo....
Just getting into the fiver life as my wife and I are headed south for the winter . Is there a place where we can get a combo set or do you not recommend this ? I'd appreciate any feed back .
Forum Discussion
- You can't buy a new dully for that
- I'm in Maine but sure what the hell .. It's only a plane fair
- Saw a really nice newer combo advertised here in the Omaha area locally just yesterday for 60K. I don't remember what he had exactly (I know the tv was Chevy) but I know it would be a sweet deal for someone. I can try to find it for you if you're interested.
- Well this why I've reached out for info ... As I stated I was just getting into this new life style and wanted some questions answered and low and behold
Northwoodsviper wrote:
Where do you get the idea that Good Sam (Essex Credit) would finance the tow vehicle with the RV? It sure doesn't say anything like that in any of their information. On the contrary, it says they make loans based on the valuation of the RV (among other things). No mention of tow vehicles anywhere. I think someone is messing with you (or the members of the forum).
Good Sam- Good Sam
Northwoodsviper wrote:
I seriously doubt that. (coming from 20+ years Bank Executive experience).
Thanks.. I have found that as a package deal it is more affordable as you can finance the 2 together
Any reputable lender is going to consider the truck and the Fifth Wheel separately, if for no other reason than all it takes to separate them is to pull a locking lever. While I wouldn't advocate 15 or 20 year terms on a fifth wheel, it is done. To do the same on a pickup truck would be insanity. You can currently get extremely low rates on even used pick up trucks with terms up to 7 years at most banks and credit unions.
If some lender was to tie the two together, you would have to pay off the entire loan to sell or trade either the truck or the fifth wheel. The odds are about 99.9% that any combination package marketed for some long term financing so as to offer low monthly payments is designed to entice a potential buyer to overpay for both the truck and the RV. I smell a scam.Northwoodsviper wrote:
I can't imagine a bank or credit union financing them together. They are separate vehicles with separate titles. I would think they would write a loan on each not as a unit. Often the interest rate and term is different on the the RV than on the truck.
Thanks.. I have found that as a package deal it is more affordable as you can finance the 2 together
B.O.Northwoodsviper wrote:
Just getting into the fiver life as my wife and I are headed south for the winter . Is there a place where we can get a combo set or do you not recommend this ? I'd appreciate any feed back .
Biggest issue I see with buying both together is that you might love the truck, but not be happy with the FW floorplan. Unless you can just steal something, where you can dump either the truck or the FW and not take an absolute bath, you're, IMO, much better off buying them separately. That being said, I've known a couple people who had the means, buy a FW they really liked, but buy an included truck, then sold the truck without losing much on the deal, if any. MUCH easier to sell a truck than a FW, for sure. Normal rule of thumb is to find the FW you like, then buy the truck you need to tow it safely.
Lyle- Trailer life mag. has one or two in it every month.
