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Author Topic: Financing a new RV??  (Read 1940 times)

baclyde

  • Posts: 3
Financing a new RV??
« on: November 19, 2010, 03:20:52 PM »
How do you "full-time" folks get financing for a new RV?  We have only been "full-timing" for 6 months, and have the opportunity to upgrade our RV, but the banks are being difficult because we have no "real address."  So any tips on what we should do, or a good finance company?

Dar

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  • Posts: 975
  • Home is where and when we decide!
Re: Financing a new RV??
« Reply #1 on: November 20, 2010, 09:51:46 AM »
Hi baclyde,

I was curious as to what kind of responses you were going to recieve to your question but since there weren't any, out of curiousity I went digging on the internet to see what I could find. I only found discouraging news; http://rvdailyreport.com/News/tabid/56/ctl/ArticleView/mid/370/articleId/8576/New-federal-regulations-to-limit-loans-to-full-time-RVers.aspx

Hopefully someone got back to you privately with a secret to get past this obstacle. Good luck to you, I hope it works out.

Dar & Bill
2012 Winnebago Journey 40U
2013 Chevy Avalanche Z71 4X4
Blue Ox baseplate
Ready Brute tow bar w/integrated Ready Brake & Breakaway

baclyde

  • Posts: 3
Re: Financing a new RV??
« Reply #2 on: November 20, 2010, 12:06:52 PM »
Thanks for the response.  Quite an interesting article.  Who knows if we will be able to "upgrade" now or if we will have to save up $$$ to pay cash (which would suck!!!).  But we will still try anyway.  Thanks again.

Dar

  • ---
  • Posts: 975
  • Home is where and when we decide!
Re: Financing a new RV??
« Reply #3 on: November 20, 2010, 01:13:38 PM »
baclyde,

According to the faq's they finance full-timers;
https://www.essexcredit.com/home/learn/rv-faqs.dot

In light of recent events I don't know if they still do but worth investigating.
Dar & Bill
2012 Winnebago Journey 40U
2013 Chevy Avalanche Z71 4X4
Blue Ox baseplate
Ready Brute tow bar w/integrated Ready Brake & Breakaway

 

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