Originally Posted by W5CI
Refinance , I always pay Cash
Not money well spent in my eyes.
With the rate of depreciation on an RV and considering the relatively low interest rate, you are better off financing the deal and investing what you would have used to pay the balance on the RV in the market.
With the rates of return on a mutual funds, you would be money ahead investing the dollars and paying the finance interest rate, while reducing risk by not aiming the depreciated amount in the case you have to off load the camper.
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