Purchasing an RV - negotiating a sale price
I have seen various discussions regarding negotiating with a dealer. What I haven't seen is the following: if you purchase an RV with upgraded options from the factory, can you still negotiate a low...
Forum Discussion
I think it would depend on the dealer and how its doing .
Some dealers have an inventory that's financed . Those units need to be sold to make loan payments . I would think they will do a deal to make a sale but buying from inventory will probably get you a better deal . I think the term is floor planning .
this is taken from a finance thread:
What is floor plan financing?
Answer:
Floor plan financing is a revolving line of credit that allows the borrower to obtain financing for retail goods. These loans are made against a specific piece of collateral (i.e. an auto, RV, manufactured home, etc.). When each piece of collateral is sold by the dealer, the loan advance against that piece of collateral is repaid.
In short, Dealer Floor Plan financing allows dealers to borrow against retail inventory. The dealer then repays that debt as they sell their inventory and borrows against the line of credit to add new inventory.
Some dealers have an inventory that's financed . Those units need to be sold to make loan payments . I would think they will do a deal to make a sale but buying from inventory will probably get you a better deal . I think the term is floor planning .
this is taken from a finance thread:
What is floor plan financing?
Answer:
Floor plan financing is a revolving line of credit that allows the borrower to obtain financing for retail goods. These loans are made against a specific piece of collateral (i.e. an auto, RV, manufactured home, etc.). When each piece of collateral is sold by the dealer, the loan advance against that piece of collateral is repaid.
In short, Dealer Floor Plan financing allows dealers to borrow against retail inventory. The dealer then repays that debt as they sell their inventory and borrows against the line of credit to add new inventory.
