Used RV Financing
Hi Everyone, I looking to finance a used 2014 class A MH. Is there a bank who can get this done in 5 to 7 days? Goodsam is 14 to 17 days, this is to long. Help?
Forum Discussion
- Try Caterpillar finance. They do all kinds of loans even boats, RV's and equipment
- Thanks for all the info, probably going to buy from dealer so I can drive off in 3 days.
- USAA Federal Savings Bank got our loan done in four days, purchase complete in six days, which included us driving to The Villages to complete the deal. You just have to be qualified to use USAA...but it costs nothing to ask if you have a good FICO score. HTH
- I also say contact a credit union. If you don't belong to one, now may be the time to join. They did our used motorhome with no problem.
- Find a local Credit Union and go talk to a Loan Officer. It will probably cost you $25 to become a member. There is probably more than one in your area that you are eligible to join, so check several of them out.
We have financed several used vehicles through our Credit Union. Several were more than 10 years old! Keep in mind they will probably require full-coverage insurance, with them shown as "loss payee"; if the vehicle is totalled, they get paid first.
A Credit Union is, IMO, the only place to finance a used vehicle. - Loans on any used vehicles come with VERY HIGH interest rates.
- If you are a member of a credit union, try them. With a hefty down payment, why does the seller need this done so quickly? What’s the pro inspection report say about the RV’s condition?
- Dont know anything about them, but, this one specifically advertises rv loans. from rv trader
- With the current situation and so many people working remote good luck getting anything done quickly.
A good friend of ours is a loan officer at a local bank - she has never been busier. SPRING STREET wrote:
Did you try calling the bank you do business with. Maybe they could refer you to someone if they can't do it !
+1. you might call your auto insurance agent, too. i recall back in the day that State Farm used to make loans for new and used vehicles. but, honestly, i think the OP will be out of luck. what’s the rush? how did grandma put it? act in haste, repent in leisure.
