I feel kind of crazy asking this before I get my first coach, but how do people go about getting a new coach when they still have 5-10 years left on their existing loan? Just something I always wondered about...
Well, that makes sense. I have always paid off my vehicles before I get a new one, so that's why I wondered. Last vehicle I had was 16 years old with over 250,000 miles. And seeing how I'm married, the wife always gets the new car and I get her old one.
Same as with a car. You trade your coach on a new coach, hopefully getting more for the trade than you owe. The dealer pays off the old coach and applies whatever is left to the new coach purchase. You then get a loan on the new coach.