Motorhome financing
As newbies to the RV lifestyle dream we are researching and preparing to buy our first RV. We know we want a large Class A built with high quality which with our budget means older high quality versus...
Forum Discussion
4x4ord wrote:1968mooney wrote:
Found a nice used MH for $500,000. Should I sell 340 shares of Amazon and pay cash or borrow $400,000 at 4 percent interest and pay $100,000 down? Or maybe I need to forget the whole thing and buy more Amazon stock.
The way I would look at it is that if all I had for investments was 500k of Amazon stocks there is no way I'd be considering a $500,000 motorhome (An old 5th wheel and pickup truck would do just fine). But, if I could sell 340 Amazon shares, pay cash for the motorhome and we felt we could live comfortably on our remaining investments then the motorhome could be a consideration.
:B
