Forum Discussion

Veik's avatar
Veik
Explorer
Apr 10, 2015

Any financial advantages of buying new RV vs used?

Let say I want to buy a 55K Class C, NEW and I finance it In perfect world - no money down, at 5% apr. for 15 years Pros/Cons as I see them... PROS -zero miles on the odo -new warranty (usu...
patperry2766's avatar
patperry2766
Explorer II
May 10, 2015
Banks often wont loan money on a used vehicle for the same APR or length if loan: This is what my credit union is currently doing:
New
4.50 x 84 mths min $10K
6.75 x 85-120 mths $15K +
7.75 x 121-144 mths $25K +

Used:
2007-2013 models only
5.5 x 84 mths

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