RV Financing in Kent, WA
Valley RV Supercenter we pride ourselves on getting the right motorhome, travel trailer and more financing for you. Whether you have a perfect credit score, or a more challenging credit history, our business manager will match you with the best lending institution to meet your personal needs.
We work with many of the top financial institutions, which enables us to secure the most competitive and flexible financing options available. We will do whatever we can to get the monthly payment and loan term that best suits your budget. We are even able to arrange same-day financing in many cases.
There's no better time to buy an RV! You've searched and researched and you've found the RV of your dreams. Whether it's new or used, the question now is how can you afford to make that dream a reality? The answer: by financing your purchase with terms that make it affordable for most every budget.
When you finance your purchase instead of liquidating assets or paying cash, you maintain your personal financial flexibility. Plus, your RV may qualify for some of the same tax benefits as a second home mortgage. Of course, check with your tax advisor, but basically 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 a 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.
Down payments are lower - Although final terms are determined based on your credit profile and the age, type and cost of the RV being purchased, financing through RV lenders usually requires down payments in the 10% range.
Finance terms are longer / Monthly payments are lower - Because RV finance specialists know that RVs maintain their value and resale appeal, 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.
Borrowing against an owned home is not an option unless the money is used directly for that home. Home mortgage interest deduction is restricted to interest paid on mortgage debt used to purchase or improve a residence, or to refinance the remaining balance on a purchase or improvement. The purchase of an RV, therefore, does not qualify for this deduction. Home equity loans limit the amount of interest that is deductible, if your RV loan balance exceeds $100,000. Home mortgage interest deduction is limited to interest paid on home equity loans up to $100,000.
Your RV might actually cost you less in the end if you finance your purchase. By not tapping into your financial assets to purchase the RV, you can take advantage of attractive new investment opportunities that might come along and the earnings from those investments can potentially exceed the cost of your RV financing. The bottom line is that if you are thinking of buying an RV, you should check financing options to maximize your purchase enjoyment. You'll be on the road enjoying your new RV before you know it!
Our knowledgeable finance staff is here to make the process of purchasing your motorhome, RV, travel trailer or others easy, so don't put off your dreams. Come in and talk to us today! You'll know you made the right choice when you're traveling the country in your new Jayco.
Apply Today
There's no reason to wait! To get a quote, apply now. Our staff will contact you about our available financing options. If financing is one of your obstacles, talk to our Business Manager today!