Cash Vs. Finance
I'm planning to buy a new RV in March. Yes, I know they depreciate like crazy, but I've window shopped the used market and I don't see any that's what I want at a reasonable price and I don't want to...
Forum Discussion
The dealer gets paid in full whether it's a cash deal or a loan deal. The bank pays the dealer the loan amount in full, so once it's all signed for, the dealer has their cash.
I did a loan on my new trailer and had a trade in too. So, we had the agreed upon price for the trailer plus options. From that total, off came the trade in amount and the amount I was putting into the pot to lower the loan amount. The rest came from the bank.
I didn't sign anything until after we did the pdi thing. So, I was happy with the rig, they got all their money and I towed it home.
I was pre approved for the loan with my credit union and the dealer works with that CU all the time, so it was just a couple of keyboard strokes to make it happen!
I did the loan because I didn't have cash to pay in full, but I will pay off the loan a year or so early in the end, so works for me..
Good luck!
Mitch
I did a loan on my new trailer and had a trade in too. So, we had the agreed upon price for the trailer plus options. From that total, off came the trade in amount and the amount I was putting into the pot to lower the loan amount. The rest came from the bank.
I didn't sign anything until after we did the pdi thing. So, I was happy with the rig, they got all their money and I towed it home.
I was pre approved for the loan with my credit union and the dealer works with that CU all the time, so it was just a couple of keyboard strokes to make it happen!
I did the loan because I didn't have cash to pay in full, but I will pay off the loan a year or so early in the end, so works for me..
Good luck!
Mitch
