By financing your RV purchase, you can maintain financial flexibility by not having to liquidate other assest. Additionally, your RV may qualify for some of the same tax benefits as a second home or mortgage. You should first check with your financial advisor, but essentially, to qualify for these benefits, such as the deductibility of interest on the loan, the RV must be used as security for the loan along with providing basic living accommodations such as sleeping area, bathroom and cooking facilities. Remember, the RV is considered a qualified second residence as long as you designate it for each tax year.
What are the advantages of financing your RV through a Happy Trails RV lending specialist?
- We have strong, solid experience in the RV finance industry, and work with many lenders.
- We can help keep your down payments lower - Although final terms are determined based on your credit profile and the age, type and cost of the RV being purchased. We will work with you to keep your down payment within your budget parameters.
- Lower monthly payments - Because we know the industry, we can create a repayment schedule resulting in the lowest monthly payments possible while helping you afford the RV of your dreams.
- Call us at 409-751-3500 to learn more!
Can I buy a RV with Zero Down?
Some lenders will approve certain customers and situations with zero down and 100% financing. Although all terms have some restrictions, there is generally enough flexibility to allow almost everyone the opportunity to structure a payment that's comfortable.
What Can I afford?
It's always important to have a budget in mind before you go shopping for your dream RV. Contact one of our RV financing experts to help determine what payment is best suited for your financial situation.
Remember, it is also important to consider, that unlike your car payment, some RVs may be used as a tax deduction. That's right, the interest on your loan may be deductible as second home mortgage interest. Call us at 409-751-3500 to get started today!