Forum Discussion
Artum_Snowbird
May 27, 2016Explorer
While it might seem reasonable to make payments over time, the reality of buying a motorhome near ten years old and having success with your first one ever is fairly remote.
A better outlook would be to save up about half of the purchase price, tax, and insurance. Use 1/4 as a down payment, finance 3/4 for three years, and have the other quarter in a secure deposit to be used for maintenance and to supplement the very odd payment when things in life go awry.
Do a few searches on this forum in the Class A section for annual costs of ownership and spend time learning a lot about reality before considering this purchase.
A better outlook would be to save up about half of the purchase price, tax, and insurance. Use 1/4 as a down payment, finance 3/4 for three years, and have the other quarter in a secure deposit to be used for maintenance and to supplement the very odd payment when things in life go awry.
Do a few searches on this forum in the Class A section for annual costs of ownership and spend time learning a lot about reality before considering this purchase.
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