Rv loan rates!

[mkasner]

Anyone looked at RV loan rates lately! For 800+ credit scores 8% or more! Even through local credit union. Who is buying these over priced RVs with these rates?

[camper19709]

quoted 13.5% on a 2005 Monaco. also 800+ credit score. It all depends on the age of the RV too.

[Buzzcut1]

we bought a camper last year 10K trade in on our 16 year old Lance 1055 that we bought used for 20k so out of pocket cash we bought a loaded 2019 Lance 1062 in mint condition for 38k no payments no interest and we own it

[mkasner]

mbloof wrote:

mkasner wrote:
Anyone looked at RV loan rates lately! For 800+ credit scores 8% or more! Even through local credit union. Who is buying these over priced RVs with these rates?

I guess folks with more $$ than you do and are paying cash.



- Mark0.

That appears to be the case because at almost 9% you got to wonder.

[mbloof]

mkasner wrote:
Anyone looked at RV loan rates lately! For 800+ credit scores 8% or more! Even through local credit union. Who is buying these over priced RVs with these rates?

I guess folks with more $$ than you do and are paying cash.



- Mark0.