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Financing a recreation vehicle is trying sometimes due to lenders credit format. We suggest getting pre-approved so that when you find the RV of your choice it will be yours. RVers are also able to take advantage of IRS tax deductions while enjoying their purchase.
Financing today has become a major obstacle in purchasing an RV you should contact us to get pre-approved credit. You spend time and money to find your perfect RV only to find at that moment you cannot get approved for a loan setting yourself and your family for a BIG disappointment. Click here to get pre-approved. We have a range of financing plans available from conventional banks, credit unions, rent to own and leases.
Today if you can get a loan you want to make sure the RV you are buying has been inspect and you know it's condition. Our units are inspected carefully by our service department we will disclose to you our findings upon request, you can search through our inventory find the unit you want and ask us for the inspection report on that RV please give us your email address and the stk# of your choice. Email Sales to find out more.
Loans for new, large RVs typically range from 5 to 15 years, with many even extending 20 years. Whether the purchase is financed through a bank, savings and loan, finance company, credit union or RV dealer, lenders typically require a 10 percent down payment on loans up to $100,000 and 15 percent down for loans over $100,000. Most of the remaining lenders require a 30 percent payment with about 7 percent of lenders requiring up to a 25 percent down payment.
For the vast majority of RV buyers, the interest on their loan is deductible as second home mortgage interest. To qualify, the RV must be used as security for the loan and must have basic sleeping, toilet and cooking accommodations.
Virtually all RV types-motor homes, travel trailers, truck campers and even some folding camping trailers-are equipped with these facilities. The Internal Revenue Service (IRS) publishes two booklets that contain helpful information regarding the tax deductibility of RV loan interest. Copies of "Publication 936-Home Interest Deduction" and "Publication 523-Selling Your Home" are available by calling the IRS at 1.800.829.3676.
"Flexible financing options make buying an RV easier than ever," said RVIA President David J. Humphreys. "Families can readily find a vehicle and payment plan to fit their needs. Small towable RVs start as low as $3,500."
Apply for an RV loan by filling out our Online Application
Source: Recreation Vehicle Industry Association | 
