About to purchase- Finance questions
Hey all, I have a downpayment on a new travel trailer and just sold my pop up last night. Thursday I will go to sign papers. They were touting 4.99% finance rates until I got the deal. Then it ju...
Forum Discussion
I may had not understood him correctly. He said the larger amount of financing the lower the rate. This site seems to agree with that statement. https://www.lightstream.com/rv-loan?fact=4492&cid=PS|DSK|NB|travel_trailer_loan|P|GOOG|fact=4492&ef_id=VQhT8gAABCSdFgOR:20150603132559:s#rates
I think he mentioned a longer loan term was offered on a larger loan amount which is where I came up with that.
I will call him to see what 60-70 months can net me.
I have purchased 20 different vehicles in my 17 years of driving so I am aware of borrow rates and credit scores.
My truck is a Tundra with the 5.7. Tow rating of 10,300 and class IV hitch puts TW around 1300 lbs. I am picking up a 28' Radiance, 6000 lb on the sticker and 750# TW. Spent a little more for a lighter trailer that has a larger GWR. Them quad bunk trailers are heavy compared to double bunks for some reason.
I think he mentioned a longer loan term was offered on a larger loan amount which is where I came up with that.
I will call him to see what 60-70 months can net me.
I have purchased 20 different vehicles in my 17 years of driving so I am aware of borrow rates and credit scores.
My truck is a Tundra with the 5.7. Tow rating of 10,300 and class IV hitch puts TW around 1300 lbs. I am picking up a 28' Radiance, 6000 lb on the sticker and 750# TW. Spent a little more for a lighter trailer that has a larger GWR. Them quad bunk trailers are heavy compared to double bunks for some reason.
