Link RV Direct has several different lenders offering fixed rate loans and terms from five to twenty years depending on the amount you need to finance. We also have specialty lenders for those of you who have had credit problems in the past.
When you finance your purchase instead of paying cash, you maintain financial flexibility. Plus, your RV may qualify for some of the same tax benefits as a second home mortgage. If your RV was used as security for the loan and it provides basic living accommodations such as a sleeping area, bathroom and cooking facilities it may be considered a qualified second residence as long as you designate it for each tax year. Check with your tax advisor before assuming this applies to you!
Finance terms may be longer because RV finance specialists know that RVs maintain their value and resale appeal. Knowing that, they tend to offer more attractive terms. In fact, it's not uncommon to find 15-20 year repayment schedules to help you afford the RV of your dreams.