Financing vs. buying older model?
In your opinion, is it better to finance a newer motorhome, or to pay cash for an older one (10 - 15 years old.) - or maybe something in between - like a heafty down payment on 6ish year old model. We...
Forum Discussion
Problem with paying cash, is the tendency to try and go cheap. Unless of course you have a boatload of cash and can afford a nicer, newer rig.
Its a balancing act, new ones you get hit with big depreciation and big payments, go to old and to cheap, constant repairs and breakdowns.
I kind of think, the sweet spot is in the middle, maybe 4 to 6 year old rig with a healthy down payment. Ideally, from an older couple, who are getting out of rving.
A rig in good shape, something you can trust is worth a lot. Even if you have to finance a portion of it.
Its a balancing act, new ones you get hit with big depreciation and big payments, go to old and to cheap, constant repairs and breakdowns.
I kind of think, the sweet spot is in the middle, maybe 4 to 6 year old rig with a healthy down payment. Ideally, from an older couple, who are getting out of rving.
A rig in good shape, something you can trust is worth a lot. Even if you have to finance a portion of it.
