Financing an RV
I am workign with a dealer on trying to find the right RV but do not understand how this Trade Difference line works. This is the quote they worked up. The trade in is for an SUV we have that has 17...
Forum Discussion
wildtoad wrote:
Yep they are giving you 18,000 for your SUV, but lending you an additional $17,500 to pay it off. So at the end of the day, you get $500 for your vehicle towards the new RV. Add that back in and you get the payment they stated.
Agree on he above, plus there might be "Other" fees they are not showing to close the sale (Shipping, PDI, admin), that will closes gaps on the numbers they sent you.
Looks like their trying the classic, what payment do you want; a little over $500 a month I can get you in that vehicle.
If vehicle price is MSRP and you are only getting $9,657 off, that is only 13%, when most RV's sell for 25-30% off MSRP. Do some searching on that model and prices througout US.
Trades muddy the situation......
As noted, ask dealer for clarification.
Good luck!
Markiemark
