First Time Buyer...Updated 03/06/2006
This post is intended to be helpful to the first time buyer of a motor home. For those of you who don't fall into that category or believe this post is incomplete or off the mark, do us all a favor, a...
Forum Discussion
In the industry of RV sales, you will find many dealerships with a range of prices for the same coach. There is no magic % a dealersip will deal to or for. Most people hate the negotiation part of the deal. Then there are others that lock themselves to a % off and will walk away from a great deal.
Here's the key. INTEREST RATE!!!!!!!!!!!!!!!!!!!!
There are dealerships running rates as low as 2.99%. Some on only one coach. That's the Car ad, (One at this price) Hook. Some dealerships are running it on all their coaches. Here's your choice, pay the bank or get a great rate and pay the dealer. I saved $80K by getting a 10% discount, (Free/Clear) trade, and a 2.99% rate.
Even with a 25% discount, if you are at a 6% or 7% rate, you just lost your discount, and gave it to the bank.
RATE RATE RATE. It can buy you more coach than you thought you could afford.
Here's the key. INTEREST RATE!!!!!!!!!!!!!!!!!!!!
There are dealerships running rates as low as 2.99%. Some on only one coach. That's the Car ad, (One at this price) Hook. Some dealerships are running it on all their coaches. Here's your choice, pay the bank or get a great rate and pay the dealer. I saved $80K by getting a 10% discount, (Free/Clear) trade, and a 2.99% rate.
Even with a 25% discount, if you are at a 6% or 7% rate, you just lost your discount, and gave it to the bank.
RATE RATE RATE. It can buy you more coach than you thought you could afford.
