Financing New RV's

 Financing an RV is pretty straight forward. If you are financing an amount of $40,000 or more, you can have up to 20 years on a monthly payment plan.
If the amount is under $40,0000, the length can be up to 15 years.

 Both the above terms are on New RV's which are financed though the dealer floor plan.

The main reason why most people will finance though the RV Dealer Plan, is because they can finance over a longer period of time, then what their bank will allow, there-by having a lower monthly payment.

All RV loans are set up pretty much like a mortgage on a house, except you can pay them off, or make extra payments, which goes right to the principal amount owing. There are no extra charges or penalties when doing this.

 

Financing Used RV's

 The only difference when financing a used RV, is that for each year that the RV is away from being new, it will lower the length of time it can be financed.  So, if an RV is fivte years old, and under $40,000, you will be able to finance for 10 years rather then 15 years.

 Please contact us if you have any further questions regarding financing an RV.