Forum Discussion
Allworth
Jul 19, 2013Explorer II
Cash money talks.
The dealer doesn't need to know where it came from.
Now, I'm not suggesting robbing banks or sticking up a string of McDonalds, but there may be opportunities. My MIL loaned us part of our last purchase price out of money she was holding in a MMA. We paid her a half point more than the bank would.
If you can do it, the interest on a Home Equity Line is much less than it ever is on an RV purchase note.
There are always other possibilities.
It is amazing how flexible some dealers become when you say "I can bring you a Cashier's Check for XYZ dollars at ten o'clock in the morning. Be sure that includes Tax, Tag, and Title." The usual answer is "We will have it ready."
The dealer doesn't need to know where it came from.
Now, I'm not suggesting robbing banks or sticking up a string of McDonalds, but there may be opportunities. My MIL loaned us part of our last purchase price out of money she was holding in a MMA. We paid her a half point more than the bank would.
If you can do it, the interest on a Home Equity Line is much less than it ever is on an RV purchase note.
There are always other possibilities.
It is amazing how flexible some dealers become when you say "I can bring you a Cashier's Check for XYZ dollars at ten o'clock in the morning. Be sure that includes Tax, Tag, and Title." The usual answer is "We will have it ready."
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