RV financing is smarter.
Equity loans require your home to be used as collateral. You’ve invested a lot of time and money in your home, so risking all the years of hard work just isn’t worth it!

RV financing is fixed rate.
Many equity loans have variable interest rates that can escalate at any time. But with a dealer arranged loan, you’ll get a fixed interest rate for the life of the loan.

RV financing reduces fees.
Equity loans often include appraisal, inspection, closing and credit report fees. With dealer provided financing, there are no excessive fees, period.

RV financing is faster.
Dealer RV financing is quick and easy. There’s no need to wait days for appraisals or approvals. With entire transactions often taking only a few minutes, you’ll be on your way in no time!

RV financing benefits your credit rating.
Equity loans are often considered revolving debt (similar to credit card debt). But, dealer financing is looked at by creditors as installment debt. This is more advantageous on your credit report. Plus, equity loans can actually lower your credit score while installment loans won’t.

Keep a larger “cash cushion”.
Financing your RV allows for a larger “cash cushion” in your bank account. It’s essential to have, especially in case of emergencies!

Appreciation - vs - depreciation.
It’s sensible to keep your cash for things that appreciate and/or for investments. Finance only those that depreciate.

Tax benefits.
You could lose important tax benefits by paying cash. Many RVs qualify as a second home marking them eligible for tax savings. Finance and take the deductions instead.

It’s easy.
In less than half an hour, you can completely finance your RV! It’s easy, convenient and secure. No bank or credit union can match!

Your personal accounts may be held as collateral.

Stricter and more conditional terms which could result in higher payments.

Loans are reviewed by a committee and take much longer to approve. Plus, your private information is seen by strangers.