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
I only can think of one reason to finance a toy for more than five or six years , my friend in Monticello explained it to me this way .He is 76 years old , has no relatives , lives alone , owns no real estate as he cashed out several years ago . Bought a class A and financed for 20 years . I was trying to tell him how stupid that was . He sez that he will use it till he has no more use for it or he dies and not worry about it . All the bank can do is reposes it , he has nothing that they can attach if the bank gets a deficient judgment . He has fabulous credit as he owned several body shops and rent houses .
