the big problem with Gap Insurance !
If you buy gap insurance on a new RV you are acknowledging right from the purchase that you owe more than it is worth ! Why would you buy and finance something that has less worth the instant that yo...
Forum Discussion
Wow... did you just wake up this morning and come to this conclusion?
As Halmfamily said, GAP is very inexpensive, certainly not the thousands of dollars you are implying.
Even if you drop 50% down cash, you are STILL paying more than the RV is worth as soon as you drive it off the lot. In the cash down scenario, you are just out more of your money up front. Why would you throw away your cash on a trailer that is worth less the instant you buy it?
Im pretty sure everyone here is an adult and can make their own informed decisions.
Mike
As Halmfamily said, GAP is very inexpensive, certainly not the thousands of dollars you are implying.
Even if you drop 50% down cash, you are STILL paying more than the RV is worth as soon as you drive it off the lot. In the cash down scenario, you are just out more of your money up front. Why would you throw away your cash on a trailer that is worth less the instant you buy it?
Im pretty sure everyone here is an adult and can make their own informed decisions.
Mike
