X-Roughneck Strike 3
Well-known member
I am thinking about putting the Class C I own outright for sale later this spring, Texas Title In hand.
I was wondering if any Forum member has ever sold to a person who was obtaining financing thru a bank?
My follow up would be is that a complicated process and how can you make sure you don’t get scammed?
Also, I realize that persons obtaining a bank loan might be limited to newer models, as banks may be reluctant to finance older Motor homes?
Is there a certain Year model where you need to sell the RV you own for the group of potential buyers trying to obtain a loan can get the money they want to borrow?
I am thinking my 2017 Aspect has to be right at the Max Limit for a buyer wanting to purchase with bank loans? I hope I am not beyond that.
I also see the Federal Reserve is going to raise rates soon. First time in three years, so wondering how hard that is going to cool off RV buying. My guess big time! I know I dang sure would not wanting to be loan shopping after that.
I know or read that RV or Recreational Vehicle rates are higher than, auto rates.
I have never peeled that topic back and studied it. I bet the rates are not Great.
Any comments, advice, from fellow Peanut Gallery Forum Members?
Hope the Day Finds Ya’LL Well.
JD
I was wondering if any Forum member has ever sold to a person who was obtaining financing thru a bank?
My follow up would be is that a complicated process and how can you make sure you don’t get scammed?
Also, I realize that persons obtaining a bank loan might be limited to newer models, as banks may be reluctant to finance older Motor homes?
Is there a certain Year model where you need to sell the RV you own for the group of potential buyers trying to obtain a loan can get the money they want to borrow?
I am thinking my 2017 Aspect has to be right at the Max Limit for a buyer wanting to purchase with bank loans? I hope I am not beyond that.
I also see the Federal Reserve is going to raise rates soon. First time in three years, so wondering how hard that is going to cool off RV buying. My guess big time! I know I dang sure would not wanting to be loan shopping after that.
I know or read that RV or Recreational Vehicle rates are higher than, auto rates.
I have never peeled that topic back and studied it. I bet the rates are not Great.
Any comments, advice, from fellow Peanut Gallery Forum Members?
Hope the Day Finds Ya’LL Well.
JD