Forum Discussion
Raife
Aug 17, 2020Explorer
We just purchased our travel trailer and got a much better rate than that. We shopped around for a couple lenders, got preapproved through our bank and the dealer was able to get a another .25% off. We financed for 144 months to get the interest rate (longer term = lower rate), put a sizable down payment, and will be sending in almost double the scheduled payment amount. We will end up paying the loan off in ~5 years as opposed to 12 years.
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