Launch FCU’s Quick Guide To Buying An RV

Updated June 11, 2020

There is no better way to enjoy the beautiful weather than to cruise the open road in a new RV. An RV can act as a home away from home, allowing you to escape from the everyday hustle, without the need to pay for a pricey hotel. How nice would it be to have the freedom and convenience of a motor home, with the ability to go almost anywhere, any time? If you are reading this post, you have probably thought about buying an RV at one point, but have not yet made the jump into ownership. Buying an RV is a major investment, but buying an RV doesn’t have to be stressful. This 5-minute RV buying guide will help point out many important factors to take into consideration before buying an RV. Let’s go over a few of them.

You are going to have hundreds of options to choose from when you start shopping for an RV, with varying price points, different features, and very different models. The first and most important step is to understand how much RV you can comfortably afford before you start your RV search. It’s always good to use a tool, such as an RV loan calculator to help you determine just how much RV you can afford.

There are other factors to take into consideration beyond RV financing, that are just as important as your monthly RV payment such as:buying an rv

  • Maintenance costs
  • Towing: Make sure you have the right vehicle and equipment to tow your new RV
  • Gas mileage for the new RV
  • Insurance costs
  • Connectivity: If you want Wi-Fi or cable, make sure the RV you are looking at can be outfitted with Wi-Fi.
  • Initial down payment: How much can you afford to pay up front?
  • Camping costs: Keep in mind that there are places where you can park your RV for free; however, there will be some sites that charge a daily fee to park your RV.

Providing yourself with answers to the above considerations will take some research on your part, however; Launch CU is here to help make your RV buying experience a breeze. We can help you determine how much your monthly RV loan payment would be, and/or how much RV you can afford. This way, you will know upfront what you can afford before you start your RV search. You can also get pre-approved for your RV loan, which can make buying your RV at the dealership faster and easier. Getting pre-approved may help provide you with additional bargaining power at the dealership. Our RV loan rates can take the stress out of RV financing, allowing you to enjoy your new RV as much as you love the great outdoors. Our great low rates, affordable monthly payments, and very flexible terms make this all possible.

If you’re ready to get pre-approved, simply click the button below. Or contact us directly to speak with a dedicated Launch CU loan specialist. Owning your home away from home could be closer than you think.

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