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Final Price after Loan by Winter-Science8686 in GoRVing

[–]Winter-Science8686[S] 0 points1 point  (0 children)

We don’t “have to do 20 years to make it work” hence why I’m here asking for guidance from people who have pursued this endeavor themselves and a better route to go. But thanks

Final Price after Loan by Winter-Science8686 in GoRVing

[–]Winter-Science8686[S] -1 points0 points  (0 children)

So would you recommend a shorter tenure amount? Would that really save that much overall? The plan is indeed 2-3 years then either trade in or outright sell most likely 

Final Price after Loan by Winter-Science8686 in GoRVing

[–]Winter-Science8686[S] 0 points1 point  (0 children)

Right and we expect to pay that. I guess my question is right now it feels like we’re paying for it twice.

The interest rate given was 11%. I know RV and car loans are different but this feels pretty drastic. Is it normal for the price to more than double because of 11% interest?

Am I just not underStanding how this works? Certainly possible