Forum Discussion
Need-A-Vacation
Aug 30, 2015Explorer
OutdoorPhotographer wrote:
If you are going to borrow, get a short term loan. They may push a loan with 10+ year terms but you will be upside down forever and pay a substantial amount in interest even at a lower rate.
Also a reason we are paying about $80 extra/ month. Plan is to be paid off 3-4yrs.
One reason when searching for a "new" (to you) trailer/ 5ver, mh, you see up to 5yro units (or so) for barely less than you pay for a brand new one with a warranty! Some did not neggotiate a good price, added this & that, and financed as much as they could for as long as they could.
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