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Paullawrence12345 wrote:
Well after some time we towed our new trailer home yesterday been little interesting but all worked out great deal on the camper an the financing day after bringing it home both dealers Contacted me to come back in an take a look 19 days later not sure maybe just donโt fit the typical type of person thay look for
2014 RAM 3500 Diesel 4x4 Dually long bed. B&W RVK3600 hitch โข 2015 Crossroads Elevation Homestead Toy Hauler ("The Taj Mahauler") โข <\br >Toys:
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RoyBell wrote:caver wrote:
This financial guy on an old pop-up forum I frequented said it best "pay cash for toys."
Depends how you manage your money. My loan was 4.5% on my travel trailer. Meanwhile I am making 11% interest on my stocks and mutual funds.
A lower interest loan leaves money fluid in bank accounts or stocks to pull in emergencies, as well as netting positive interest if you have the right investments.
My rule of thumb is to never borrow more than I would have paid cash for something. Then I get a loan and keep that money making money.
โJul-10-2019 11:52 AM
caver wrote:
This financial guy on an old pop-up forum I frequented said it best "pay cash for toys."
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