Here At Kamper City,
We know that affordable financing is one of the most important parts of buying a new or used RV. That’s why we’ve spent the last 40 years providing customers with the best financing options available. In the last year alone, we have placed over $2 million loans. Apply online now.
Bring in your payment book or pink slip and our financing professionals with work to get you the best return on your used RV.
Why Finance Your RV?
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 adviser, 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. What Are the Advantages of Financing Through a RV Lending Specialist?
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. We are able to provide our customers with rates and terms that beat most credit unions. Plus, we offer great financing options like $0 down or no payments for 90 days*. Got a trade-in? Kamper City offers top dollar on all trade-ins. Paid for or not...
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.
How Does RV Financing Compare With Other Payment Options?
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.
The Last Word on RV Financing
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. Y
ou'll be on the road enjoying your New RV or Used RV before you know it!
Click Here to Apply For RV Financing Now