Tips for Buying an RV

Take to the roads this summer for your next family vacation. RVs come in a wide range of sizes and styles, and can include a restroom, beds, and a kitchen, allowing more time to explore the great outdoors without sacrificing comfort. Consider these tips when evaluating if an RV purchase is right for you:

Do your research

Before you apply for an RV loan, it’s helpful to do some online research to see what class type you prefer and can afford. There are three classes of RVs: Class A, Class B, and Class C. Class A are typically the biggest and most comfortable, while Class B RVs are scaled-down camper vans and the Class C is a compromise between the Class A and the Class B.  You may also want to consider similar and more affordable options, like camper trailers, pop-ups, and fifth-wheel tow-behind campers.

Set a budget

After you’ve done your homework and decided on the style of RV that fits your needs, it’s time to determine what you can afford. RV prices can range from a few thousand dollars for a pop-up camper to over a million dollars for a high-end motorhome. Take a look at your budget and decide how much you can afford to spend. Don’t let the sticker price intimidate you either, dealers will offer promotional sales and you can even negotiate your price too. On top of the cost of the RV itself, you should also prepare for additional costs, such as insurance, storage, maintenance and fuel.

Shop around for financing

Once you set a budget you can start exploring your RV financing options to find the best deal on your RV loan. Don’t assume the dealer will offer you the best rate. Get pre-approved for an RV loan from AFFCU. We offer 100% financing on new and used RVs up to 10 years old, competitive interest rates, and flexible payment terms up to 144 months.

Protect your investment

Before you head out on the road, make sure you have the right insurance coverage for your new home on wheels. Contact your auto insurance provider to learn more about their RV coverage options and cost.

Ready to hit the road? Whether you’re a first-time buyer or looking to upgrade, AFFCU can make your open road dreams a reality with a great rate on an RV loan. Our RV loans feature a low rate and flexible terms to save you money for more memorable weekend adventures.