financing & insurance
- Thread starter 123rickw
- Start date
The friendliest place on the web for anyone with an RV or an interest in RVing!
If you have answers, please help by responding to the unanswered posts.
If you have answers, please help by responding to the unanswered posts.
Pierat
Well-known member
No doubt you will get lots of different ideas. We have been very happy so far with insurance through Marlene at Miller Insurance Agency, for both motorhome and towed. They will look at different companies depending on your exact needs. http://www.millerrvinsurance.com/
Gary RV_Wizard
Site Team
Some banks treat motorhomes like expensive cars and only give 6 years and fairly high rates. Others may have loans for 10-15 years and mortgage-like rates. Ditto for credit unions.
We have always used Bank Of America for RV financing - they have a unit that specializes in it. Most dealers can make arrangements for you. BOA has decent rates and does a good job servicing the loan.
You can also Google RV Finance and see a variety of places that specialize in RV Finance, e.g. Essex Credit, Fun-loan.com, etc. I would get some quotes from a few of them as well. Armed with that data, you can usually negotiate rates and terms with some others. And no problem dealing with the online credit brokers either - they handle all the paperwork and make things easy for you.
We have always used Bank Of America for RV financing - they have a unit that specializes in it. Most dealers can make arrangements for you. BOA has decent rates and does a good job servicing the loan.
You can also Google RV Finance and see a variety of places that specialize in RV Finance, e.g. Essex Credit, Fun-loan.com, etc. I would get some quotes from a few of them as well. Armed with that data, you can usually negotiate rates and terms with some others. And no problem dealing with the online credit brokers either - they handle all the paperwork and make things easy for you.
We insure with geico and have very inexpensive insurance. It is based off of your expected useage. We had financed through diversified finance, they were wonderful and rates low. We paid off early and had zero problems with them. We took a 15 year loan to keep the payments cheap untill wome other cash came in.
BernieD
Well-known member
I just noticed that Costco has an arrangement with Essex Finance. Essex has been around many years, is very reputable and usually has excellent rates.
