Best RV loan rates?

[Pico2011]

Who seems to have the best rates these days for 100k over long terms?

Bank of America is at about 5 percent over 144 months..

[Passin_Thru]

USAA was 4.99 last I looked, Costco 3.99. I don't like B of A and Costco won't sell you loan to them.

[Pico2011]

Fabulous!

Looks like Costco it will be... Do they allow you to add extended warranties to the purchase price and other add ons like solar panels?

[JimM68]

Our is with Suntrust Bank. Original loan in 2010 on a used DP was 5.6%

We just refinanced with Suntrust, 4.2%!
Loan is so fresh I don't have the new payment book yet...lol.

[hitchup]

Halmfamily wrote:
Check with your local credit union. We got 3.99% on our new fifth wheel.

In 11/2013, through our CU, we got 3.37% for 10 yr (120 mos). DH got a special BD discount off the 3.99%.

[Dale_Traveling]

The rates posted will give a potential buyer an idea of what an owner was able to negotiate with a particular lender but until the buyer actually applies for a loan stating the make, model, and year AND the bank reviews the buyers credit history AND the value of the coach AND buyers requested loan term AND loan to item value,,,, in nailing down a rate is a moving target.

[UsualSuspect]

rgwilliams69 wrote:
Costco looks as good as I've seen - is that on 10, 15, or 20 year terms?

That is the 144 month rate the OP had with B of A. Comparing apples to apples. The Costco rates can be found here (Clicky)

[Dick_B]

Just slightly off topic but if the RV is used as collateral (or a home equity loan) the loan interest is deductible. If it is a personal loan ie. no collateral, the interest is not legally deductible.
Refer to IRS Publication 936 and many previous posts. Search for `mortgage interest'.

[gemert]

USAA

[et2]

Halmfamily wrote:
Check with your local credit union. We got 3.99% on our new fifth wheel.

This

[rgwilliams69]

Costco looks as good as I've seen - is that on 10, 15, or 20 year terms? The last couple of times we have financed we have gone through Credit Unions and gotten very good terms. 3.89% on a 20-year currently for our 2014 Phaeton. This particular CU (CEFCU in Central Illinois) has paid some outstanding cash dividends over the past couple of years also, rebating a nice portion of interest paid.

[Halmfamily]

Check with your local credit union. We got 3.99% on our new fifth wheel.

[RedJeep]

Usaa 5.75 over 15 years for used motorhome.

[sch911]

https://www.essexcredit.com/

[UsualSuspect]

If you are Costco member, if you apply through the Costco website it is 3.79% through Bank of the West. Costco will also send you a $100 gift card.