Is there an advantage to financing for a shorter vs. a longer term?
Our general feeling is that a shorter term has many advantages. However there are a number of individual issues that should be considered (i.e. percentage of down payment, financial ability to handle increased monthly payment….) Basically, a shorter term loan will build up your equity in the RV quicker. Down the road this translates into more money into your pocket when it’s time to sell. Call or e-mail one of our offices and let use do a dollar vs. term comparison for you.
