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
Ivylog wrote:And in the meantime while you saved up for that RV, the kids grew up and were gone before they got the chance to see the country. One size doesn't fit all. Nothing wrong with resposible debt.
OMB, a 20 year loan on a depreciating toy. Even at 4% you’ll pay more than double for it. A trailer at the end of 20 years might be worth 1/10th of what you paid for it. :S
