Forum Discussion
restlessways
May 14, 2022Explorer III
jetboater454 wrote:
Dealer near me has a lot of campers and advertise a 4.99 % interest rate. Not worth looking at that interest rate,plus they pretty firm on their prices.
A 4.99% interest rate on an RV right now would probably be the prime rate for a buyer with the highest credit score, I would imagine. I had a brief conversation last year with a financing gal at one of the largest RV dealers on the west coast. I wasn't looking for credit, but I decided to chat her up to see what kind of financing was going on, and what she told me was truly stunning. She said that people were borrowing at rates of up to 19%. Put that in your pipe and smoke it.
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