Scott- we had been with the local bank for 10 years and they financed our 83.
We have a credit union and transferred our bird note to them and saved a
couple points.
Ernie Ekberg
83 PT40
Livingston, Montana
[Non-text portions of this message have been removed]
Anyone ever find any "outside the box" folks who will finance the older
BB's? In most cases a 15-20 yr old BB is a better bet than a 10-year
old plastic unit, yet no one will finance the old 'Birds. I'd love to
upgrade, but can't do it out of pocket.
Scott Forman
82 FC35RB
Memphis
USAA Federal Savings Bank in San Antonio will finance any RV that is
still in the *big* NADA book they have access to. It is not the same
one dealers use. Call them and ask a lending rep.....(800) 531-2265
Mike Bulriss
1991 WB40 "Texas Minivan"
San Antonio, TX
--- In
WanderlodgeForum@yahoogroups.com, "Scott Forman" <sforman@...>
wrote:
>
> Anyone ever find any "outside the box" folks who will finance the older
> BB's? In most cases a 15-20 yr old BB is a better bet than a 10-year
> old plastic unit, yet no one will finance the old 'Birds. I'd love to
> upgrade, but can't do it out of pocket.
>
> Scott Forman
> 82 FC35RB
> Memphis
>
Financed ours with our credit union...no problem.
> Anyone ever find any "outside the box" folks who will finance the
older
> BB's? In most cases a 15-20 yr old BB is a better bet than a 10-
year
> old plastic unit, yet no one will finance the old 'Birds. I'd love
to
> upgrade, but can't do it out of pocket.
>
> Scott Forman
> 82 FC35RB
> Memphis
>
If you are a home owner (and have some equity) you may be able to use
an equity credit line or simply refinance your home with a cash out
option (although that can generate some considerable interest expense
as you're financing a depreciating asset with a 30 year loan). There
are some tax aspects to consider as well, as home-interest (as in a
refinance) is generally deductible while a vehicle or credit union
loan is not deductible.
A smaller bank may be willing to finance a 'bird if you have other
assets (e.g. stocks, certificates of deposit) to pledge to make the
loan to value ratio more attractive.
Pete Masterson
aeonix1@...
'95 Bluebird Wanderlodge WBDA 42'
El Sobrante, CA
On Oct 23, 2006, at 4:22 PM, Scott Forman wrote:
> Anyone ever find any "outside the box" folks who will finance the
> older
> BB's? In most cases a 15-20 yr old BB is a better bet than a 10-year
> old plastic unit, yet no one will finance the old 'Birds. I'd love to
> upgrade, but can't do it out of pocket.
>
> Scott Forman
> 82 FC35RB
> Memphis
[Non-text portions of this message have been removed]
I also just financed the purchase of a 83 FC35 through USAA. These
guys are absolutely the best insurance and finance company I have
ever come across. Just incredible service and very easy to work
with. My terms are 60 months and 90% and they would have gone longer.
Good Luck!
M Thomas Eastham
Houston, TX
[Non-text portions of this message have been removed]
Interest on an RV can be written off as a second home on taxes, no
matter who finances it. Check with your local credit union.
Bill 90sp36
--- In
WanderlodgeForum@yahoogroups.com, Pete Masterson
wrote:
>
> If you are a home owner (and have some equity) you may be able to use
> an equity credit line or simply refinance your home with a cash out
> option (although that can generate some considerable interest expense
> as you're financing a depreciating asset with a 30 year loan). There
> are some tax aspects to consider as well, as home-interest (as in a
> refinance) is generally deductible while a vehicle or credit union
> loan is not deductible.
>
> A smaller bank may be willing to finance a 'bird if you have other
> assets (e.g. stocks, certificates of deposit) to pledge to make the
> loan to value ratio more attractive.
>
> Pete Masterson
> aeonix1@...
> '95 Bluebird Wanderlodge WBDA 42'
> El Sobrante, CA
>
>
>
>
> On Oct 23, 2006, at 4:22 PM, Scott Forman wrote:
>
> > Anyone ever find any "outside the box" folks who will finance the
> > older
> > BB's? In most cases a 15-20 yr old BB is a better bet than a 10-year
> > old plastic unit, yet no one will finance the old 'Birds. I'd love to
> > upgrade, but can't do it out of pocket.
> >
> > Scott Forman
> > 82 FC35RB
> > Memphis
>
>
>
> [Non-text portions of this message have been removed]
>