20 year loan for RV?
A friend of mine was telling me that I can get a 20 year loan on most new RVs. Is this true? Now I realize how people afford those Class A RVs.
Forum Discussion
1320Fastback wrote:
I don't think a modern RV will last 20 years.
It will with the right person owning it!
My 07 TT was bought new on 06, and We traded it on our current 2012 last year. 13 years old and it was in very good shape. The MH we bought also looks like new and we keep it in indoor storage as the previous owner did. I expect it to last 20 years no problem.
As for length of loans, it all depends on the person and there financial position. Some people shouldn't have a car loan for $5k!!! Other people have no problem with apple.15 or 20 year loans.
I'm sure our parents and grand parents would have a heart attack at th thought of a 30 year home loan!
