Rv loan rates!
Anyone looked at RV loan rates lately! For 800+ credit scores 8% or more! Even through local credit union. Who is buying these over priced RVs with these rates?
Forum Discussion
wapiticountry wrote:
The “buying of toys” was an anomaly during the Covid restrictions. Many were bought with cash by people who will never miss the money. Vacation options were virtually eliminated. No cruises, no trips to Europe, no Broadway shows while eating in 5 Star restaurants and staying at the Ritz. Spending $25,000 or more for an RV didn’t stress them out, it was what they would have spent anyway. Only difference is they had something more tangible than photos and memories when their vacation ended. Some will have enjoyed the experience and add RVing to their vacation options, others will park it and never give it another thought and some will sell. None of the buyers from this demographic are going to be forced to liquidate due to financial hardship.
LOL.........
I think I ran into some of those folks when state parks here reopened after the initial Covid shutdown. A new Super C pulled into the site beside us with a couple and two 14ish year old teenagers. All piled out and immediately donned masks when they hit the great outdoors. Later that evening they sat around the campfire wearing masks, one at the 12 oclock position, one at 3, one at 6, and one at 9, all 6' apart. They would remove the masks when going into the rig. It was special. Morons.
