klenger

Tucson AZ

Senior Member

Joined: 12/10/2004

View Profile

Offline
|
I'm considering a Winnebago 34M Class A. Sale prices is $90,000. What kind of financing rate can I expect with 10% or 20% down? How many years? I'd like to stay with a loan of about 10 years and would like to see 7% or better (for me, not the bank).
2008 Tiffin Allegro 32BA FRED Class A Motor Home
2008 Honda CRV, Blue Ox, SMI DUO Stay-in-Play Brake
|
tkcas01

Roaming Fulltimer

Senior Member

Joined: 10/11/2005

View Profile

|
I had this link laying around and it reports current rate of 6.38%.
Working out of my roaming home office... (currently here)
|
RodLyle

Almost Heaven

Full Member

Joined: 02/17/2007

View Profile

Offline
|
I purchased my third mh two years ago.....got on line and found E Loans without a doubt they beat anyone around...(dealer was having a "great" rate day) and they weren't even close with E Loans.
|
DancinCampers

Mesquite, NV

Full Member

Joined: 11/05/2004

View Profile

|
Our credit union, America First Credit Union has 100%,12yr variable at 5.5% and 100%, 10yr fixed at 6%.
Our current loan, Nov 04, is 10 yr fixed 5.5%.
Dan & Sharon & Kasey (Our Yorkie Puppy)
2003 Adventurer 33V, Workhorse
1999 Suzuki Vitara, Blue Ox Aventa II, SMI Silent Partner
If You Obey All The Rules, You Miss All The Fun
|
helperzack

Port St. Lucie, FL

Senior Member

Joined: 08/23/2007

View Profile

Offline
|
Shop around all the suggestions above. Then take your best rate into the dealer and see if they can beat it. If they want to, they can buy it down and get you a better rate.
’07 Coachmen Mirada 310DS
Counting my blessings with my high school sweetheart.
3 kids, 39 foster kids(not all at once) 2 boys currently
Do you have room for a child? Consider fostering/adopting a child. Thousands of children are in need of a loving family.
|
|
|
Aridon

SE Florida

Senior Member

Joined: 06/06/2007

View Profile

Offline
|
You need to know what your credit scores are and contact different lenders, give them the information and see what the rate is.
Pick one from there and THEN do the application process. Don't just submit 10 apps or your score will suffer.
2008 Newmar 4330 (Modified)
|
turninghawk

Gatlinburg, TN

Senior Member

Joined: 09/11/2003

View Profile

|
Aridon wrote: You need to know what your credit scores are and contact different lenders, give them the information and see what the rate is.
Pick one from there and THEN do the application process. Don't just submit 10 apps or your score will suffer.
Excellent advice.
|
Warren&Karen

Austin, Texas

Senior Member

Joined: 05/25/2004

View Profile

Offline
|
Also try Customer One Financial. I belive her name was Cathy Guidy. Very simple process, by email and fax. We got a 3.9%, but that was then.
Karen and Warren
"Counting the days 'til retirement"
Sophie and Sam, our two Yorkies
Austin, Texas is home. Also, look for us
in Rockport / Fulton on the Texas coast
2003 38GH model Tiffin Phaeton
|
Out to Lunch Rver

Texas

New Member

Joined: 11/16/2007

View Profile

Offline
|
Most of the low rates advertised are to get you to fill out an application on line...the going rates I have found are 6.75-7.25 for
10-20 year loans, with the credit market tighting up.I call my local credit union and they were competive with everyone else at 6.75% I have a very high credit score..hope this helps
2009 Travel Supreme Envoy SK42
Hillbilly Chateau
|
wallynm

Los Alamos NM

Senior Member

Joined: 09/27/2000

View Profile

Offline
|
If you own a stick house use it rather than the new rig and you may get a better rate.
klenger wrote: I'm considering a Winnebago 34M Class A. Sale prices is $90,000. What kind of financing rate can I expect with 10% or 20% down? How many years? I'd like to stay with a loan of about 10 years and would like to see 7% or better (for me, not the bank).
Have a Cat Engine Yahoo Group or Cat RV Club Web Page
Have a Freightliner Yahoo Group or FCOC Web Page
wallynm@yahoo.com
2002 DSDP 3567 PUSHED BY KITTY KAT
THOSE THAT DO NOT KNOW HISTORY ARE DOOMED TO REPEAT IT
|
|
|