Travel Trailer Buying/Financing Questions
Hello all, this is my first post here. I’ve been lurking here a while looking for info on campers. I’m looking to buy a TT for the 2020 camping season and I’m trying to plan my finances accordingly....
Forum Discussion
time2roll wrote:
Go big and go long.... as long as you get the lowest interest rate. Some loans go out 20 years and this is good as long as you make more than the minimum payments to be on maybe a 5 year schedule.
With good credit a minimal or no down payment is possible. I would go with the minimum.
Camping World is a mixed bag. Plenty of purchase and service complaints. I am sure there are some good transactions too but they tend to be under reported.
You’re basically saying what I’ve been thinking. Right now my car payment (to be paid off before TT purchase) is triple what I’m wanting my minimum TT payment to be. I’ll essentially be making payments in triple the amount 90% of the time, but if I have a bad month I can just make the minimum. I’ve realized there are sometimes things that come out of the blue that can really wreck a budget. I’m no financial guru, but I have yet to run completely out of money, so whatever I’m doing has worked thus far.
