Interestingly, I financed my current outfit entirely, nothing down and I never asked for a particular term on the loan. I have excellent credit so I knew there was no problem. I get the loan papers and the term is 10 years. I kind of wanted maximum 3 years but I'll take the 10. I have no desire to go 10 years (and I'm not) so I make triple payments every month... As with any loan, it falls under Rule 53 so there is no prepayment penalty. Right now, I'm paid up through May of 2020. When I reduce the loan balance to around a grand, I'll get a payoff and be done with it.
However, I think about people who finance their units 10 or 15 years and can only make the payment and no more and the accrued interest they pay over the life of the loan. Financial institutions make out like a bandit and after 10 or 15 years, the unit isn't worth squat anyway.
In my view, a lot of the current trend to buy (and finance) a huge outfit falls right back on the dealers and the push to buy 'bigger' because you can finance bigger.
For me, bigger isn't better. I want (and bought) a unit that fits my needs and lifestyle. I don't park my outfit and sit inside with the ac on, watching a big screen TV. One, I don't have a big screen TV and 2, I don't have ac (though I am considering adding a roof mount unit this winter). The only thing we do in the unit is sleep, shower, use the pooper and cook meals and even that is not all the time. I prefer using provided facilities (showers and poopers) over using mine. Less issues with cleaning and dumping. In 2 years, I've never used the toilet in the camper and I prefer to cook meals on a wood fire outside. Meals taste better than cooked on a propane stove anyway.
Guess I'll never be a 'Glamper'.
I know I'll never have a huge unit either.