Financing FAQs
We offer financing services to make your RV purchase as seamless as possible. Once you've found the RV of your dreams, our business manager will check your credit profile and based on his findings, work with our large network of lenders to find you the best term and rates possible. Financing an RV can seem intimidating, but we're on your side! We've listed some of the most common questions and answers about financing to better prepare you for the road ahead.
How Much RV Can I Afford?
On each inventory listing, there is a "Payment" tab with a built-in payment calculator that you can use to estimate what your monthly payment could be based on the interest rate, term length and principal.
How Long Can I Finance an RV?
Both RVs and boats can be financed for a duration of 60 to 240 months, or 5 to 20 years.
All financing arranged by Carolina Coach & Camper are simple interest term loans.
Is Financing an RV Similar to Financing a Car or a House?
RV financing is more similar to financing a house. You can essentially consider an RV a home on wheels.
Is the Interest on my RV Loan Tax Deductible?
Yes. Your RV meets the IRS definition of a "second home" if it contains sleeping, bathroom, and kitchen facilities.
Interest paid on a loan for the purchase of a recreational vehicle is therefore tax deductible.
Can I Get a Warranty on Used Inventory?
Of course! We offer a full line of service contracts. Contracts can be between 1 to 7 years in length, and can cover a wide range of services. Service contracts are available up to 100,000 miles. Ask our business manager about all the possibilities.
Remember, even if you did not buy your unit from us, we still have service contract options available for you!
Should I Arrange Financing Prior to Visiting a Dealership?
No, let us do the heavy lifting. From choosing your new RV, to shopping for accessories from our parts store, to financing the entire deal, we'll have you rolling along in no time without ever stepping foot in a bank or loan office.