Forum Discussion

Itch_nToGo's avatar
Itch_nToGo
Explorer
Aug 03, 2016

rv financing

Will be retiring in Dec. 2017 and hope to hit the road. But looking for a new RV; preferably a used Class A under 100,000. Any suggestions on best place to get financing?
  • I wanted to go through My credit union for ours but as I could tell it is not their primary business. If you do have to finance it would still be smart to shop around for a loan and don't just stick your nose up at talking to the dealer about financing. Dealers don't do the actual financing they just know and sometimes represent several loan companies and they may be able to help you find the financing you are looking for. Just first talk to them about price of the RV/Vehicle then about financing it, not first about how much you can afford on payments a month. My dealer was able to find a loan company that gave me a great rate and get the years amount that I wanted and was used to fulltimers sometimes not having a permanent address, and it was better than USAA or any of the other credit unions or regular banks that I was trying would offer me, but each case is different. I had a loan approved but my dealer was able to beat it.
  • any local credit union. My credit union has never refused a loan, regardless of the year of the vehicle!
    2002 32 foot motorhome? No problem.
    1999 dodge truck? No problem. Only want payments of $200/month? No problem!
  • credit unions if you are a member
    will give you the best rate
  • In our part of the World are Credit Union gave us a better rate then any bank.