New RV interest rates??

[kayo]

You can always get a better deal form an outside source. Just like car loans. the dealership get a a cut from the financier

[bob5560g]

My loan is 2.99% for 5 years from my local credit union. Definitely keep shopping!

[jimh]

check with State Farm. they gave me the best rate.

[aceinspp]

Originally Posted by jimh

check with State Farm. they gave me the best rate.

And that would be? Later RJD

[tdemeyer1]

We went through Good Sam, Bank of the West and got the best rate and dealer couldn't beat it.
Just FYI

[jimh]

Originally Posted by aceinspp

And that would be? Later RJD

in late 2015 for the trailer and for a truck in mid 2016. they were slightly cheaper than my credit union and included gap insurance at no additional charge.
rate was 5.19 for 56K and 15 yrs. for truck 2.83 for 73k for 7 yrs.
in the past they weren't even close.
us bank was 5.9.

i didn't check good sams this time because they were more than US bank in 2002.

[bajamike1]

In March my dealer (Berryland) got me a 4.75% loan from US Bank for 12 years. I just refinance with my credit union for 2% less.
Shop around and check to see what the dealer can do for you.
Good luck

[Captain America]

I'm a member of two credit unions and their rates are 5.49- 5.9% I also bank with BOA and USAA. I use USAA for all my checking and their rate is 5.25-5.49 depending on length.
I called BOA and they told me they no longer fiance RVs.
State Farm Bank is 4.9%.
One credit union I used to finance our RV a couple years ago was 2.9%, they have gone up on rates.

This is just calling and telling my credit score. I have not have anyone run my credit.

[wannabeowner]

We just got 2.99 for 5 years from our credit union.

Edited ti add - Ah, sorry, I didn't pay enough attention to your post. Ours was on a used TT.

[firemech2]

Originally Posted by wannabeowner

We just got 2.99 for 5 years from our credit union.

Edited ti add - Ah, sorry, I didn't pay enough attention to your post. Ours was on a used TT.

Whats the credit union you used?

[AmandaN]

Originally Posted by Desertsquid

We financed our rv through Alliant Credit Union. Its entirely an online bank. We applied online and communicated by email. They offer a 3.74 percent for up to 10 years. Its based in Chicago. They send the check next day so they're fast and communication with them is very good. The credit union we use all the time offers a rate of 8 percent which is very high.

After all the others on this thread getting such good rates with their CU I contacted mine and it's 9.99% and only up to 4 yr term!!!!!!

[wannabeowner]

Originally Posted by firemech2

Whats the credit union you used?

Southwest Airlines FCU

[BandJCarm]

Try State Farm bank. I didn't use them, but they were good and had 'built in' GAP insurance.

I won't pay above 3%. That's the absolute top end. If they want my financing business, that's my rules. Never had any purchase stopped because of that. Reluctantly paying 2.99% on trailer and 1.9% on truck.

[Oaklevel]

I belong to 3 credit unions and none of them like to do RV loans but 8% is the best rate for 60 months. (RV / Boat Loans)....... But I can get 2.49% on a car or truck.

[JasonSCarter]

We are getting ready to sign off on our deal tomorrow. We looked at various credit unions and other places, but truth be told, the dealer was able to get us the best rate. 4.9%

[tomkatb]

And, unfortunately the interest is no longer deductible.

We opted for cash from our Roth IRA.

[jimh]

Originally Posted by tomkatb

And, unfortunately the interest is no longer deductible.

We opted for cash from our Roth IRA.

Did that change with the new tax cut? It was deductible last year as a second home.

[firemech2]

Originally Posted by jimh

Did that change with the new tax cut? It was deductible last year as a second home.

[pojp58]

Got 1.74% at American 1 Credit Union.

[firemech2]

Originally Posted by pojp58

Got 1.74% at American 1 Credit Union.

went to american 1 CU website and the currant rates for RV is 3.49%. Wondering how you got that rate of 1.74%?