Sound like a good deal?
I have been offered to buy a new 2019 Coachmen Freedom Express Select 24SE for $20,000+$1250 tax+$799 dealers prep fee+$200 tags and registration= $22,250 out the door. I think its a good deal althoug...
Forum Discussion
scarecrow56 wrote:
My credit score is 785 however I'm self employed and show a low income so wouldn't that keep me from getting a loan at a bank? Also, yes I would keep the trailer for 12 years or more. My last one I kept for 20 years. Im also looking at it as a second home when I retire in 2-3 years.
Depends.
Low income and low debt ratio coupled with good credit score should not be much of deterrent to a bank.
Does not hurt to ask, start at YOUR bank that you deal with then go from there.
As far as keeping a RV 12 yrs or more, yeah, that saves you money however, one does need to account for the "what ifs" in life.. Kind of like a few folks I know, one had a setback in health, self employed so not working they do not make a cent.. Have to figure out how to pay the bills with zero income..
If they had a RV and paying a loan on that, wouldn't you think that the RV should go? But, you simply can't because you are so upside down on the loan you would never be able to sell it for enough to pay it off.. Catch 22 and real life..
