Shearing the sheep
I really feel sorry for those new RVers who have recently purchased or who plan to purchase an RV. The prices are far in excess of value. We are not in the market for ourselves but was thinking of ...
Forum Discussion
On RVs at least Motor Homes the MSRP is much higher than you can purchase one for. as much s 45%+ in some cases..from experience. Financing which most people have to do is way out of line. Our Credit Union two years ago quoted us 3.9%. When we got serious, earlier this year, it was over 6%. That's with right at 800 on wife's and over for mine. We refinanced our home from 3.7% to 2.9%. If I had don it months earlier we could have gotten 2.25%. Not thinking far enough ahead, we culd have rolled a new Mh into the ref. Prices on homes in Tn are now doubling and more in the last two or three years especially in outlying areas of the cities. We count our blessings we got our new home when we did. already over twice what we paid offered by a r4eal estate who would do some things and sell it for much more.
The cheapest way appears, if it fits you situation, is to roll a Motor He in to your mortgage. at our age don't liek bills but it will be paid off in ten years max. Our Mh is over ten years old and Banks don't want to loan money on them.
Dealers take and sell them to Wholesalers,if they take them in trade. Doesn't matter that your RV is better than the new ones. I won't go into the whys.
So we are keeping ours and updating and so forth even though we would dearly like to have a larger unit with two full wall slides and all the niceties that have come along since we purchased this one. its paid for and I like that a lot more than payments. We usually spend all our time away from it anyway.
The cheapest way appears, if it fits you situation, is to roll a Motor He in to your mortgage. at our age don't liek bills but it will be paid off in ten years max. Our Mh is over ten years old and Banks don't want to loan money on them.
Dealers take and sell them to Wholesalers,if they take them in trade. Doesn't matter that your RV is better than the new ones. I won't go into the whys.
So we are keeping ours and updating and so forth even though we would dearly like to have a larger unit with two full wall slides and all the niceties that have come along since we purchased this one. its paid for and I like that a lot more than payments. We usually spend all our time away from it anyway.
