Hello, my name is Kyle Spring, Finance director here at Travel Time RV and I’d like to address some of the most frequently asked questions about RV financing
One of the benefits of financing your RV vs. paying cash is maintaining your personal financial flexibility and in addition, your RV may qualify for some of the same tax benefits as a second home.
What are the advantages of financing through a RV Lending Specialist?
Down payments are lower!
Final terms are determined based on your credit profile, age, price and type of RV being purchased. Financing through RV lenders generally require down payments in the 10% range, however, the other side of the finance equation is that finance terms are longer and monthly payments are lower. RV finance specialists know that because RVs maintain their value and resale appeal, they tend to offer more attractive terms. Often times, RV loan specialists can provide very competitive interest rates and terms compared to traditional banks and lending institutions.
If you are interested in financing, please take the time to fill out our online finance application. This application is safe, secure and confidential.
The Last Word on RV Financing might actually cost you less in the end if you finance your purchase. Not tapping into your financial assets to purchase an RV allows you attractive new investment opportunities that may come your way over the term of the RV loan.