Tips for Finding a Reputable RV Dealer: Competitive Financing and Insurance

Whether it’s your first RV and you’ve decided the RV lifestyle is now for you or you’re a seasoned RVer ready for your next home you’ll spend a lot of time researching the perfect RV for your needs. However, the research process does not end when you’ve decided on that perfect RV, there is another important step that many people forget… finding the perfect RV DEALER to work with. Buyers will want to invest just as much time if not more, in researching RV dealers to make sure they find a reputable dealer to work with.

“There is another important step that many people forget… finding the perfect RV dealer to work with.”

Let’s face it, there are a lot of lousy RV dealerships out there. Unfortunately, in the race to find the lowest possible RV price, many people choose to buy from dealers who do not have a history of great customer service and outstanding RV repair. Know in advance that the lowest price is not usually synonymous with the best buying experience. In our blog series we will cover items you should be looking for in your RV Dealer.

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Competitive Financing and Insurance 

A factor to consider when selecting a dealer to work with is what their internal financing capabilities are and if they offer any other services in their business office.

Lichtsinn RV has relationships with many different lenders who have superior rates and terms so we are able to customize to fit the needs of our guests! Rising interest rates are being forecast for borrower’s in the coming months so it is important to lock in today’s competitive rates. Loans are readily available to qualified buyers looking to purchase the RV of their dreams!

There are great deals available on exciting new and late model RVs and it is a great time to invest in an RV for years of vacation savings.

Deduct your Interest
For the vast majority of RV buyers, the interest on their loan is deductible as a second home mortgage. The RV must be used as security for the loan and provide basic living accommodations such as sleeping area, bathroom and cooking facilities. Virtually all RV types – motorhomes, travel trailers, truck campers and even most folding camping trailers – are equipped with these accommodations and eligible for the tax savings.

Bi-Weekly Payments
At Lichtsinn RV we offer bi-weekly payment options which can save you THOUSANDS over the course of your loan when you make a half payment every other week. This method is extremely convenient as your payments are debited electronically and sent to your lender on your behalf. It makes for easier budgeting, but more importantly, saves you interest and will dramatically decrease the life of your loan and improve the equity you have in your new RV.

Partner with Lichtsinn RV Finance Team
Whether you have the perfect credit score, or a more challenging credit history, our business managers will find the right RV financing option for you.

We work with several lenders to bring you the most competitive and flexible financing options around. We will do whatever we can to help you get the monthly payment and loan term that best suits your budget.

  • We offer financing and are authorized agents for several large major RV banks including Bank of America, US Bank, Bank of the West and several other major lenders.
  • We generally provide a credit application to these banks and allow them to compete for the lowest rate.
  • All of our loans carry no fees at closing, no closing costs and no points.
  • In most cases, the interest can be deducted for tax purposes by qualifying as a second home.
  • We can generally do terms of up to 20 years! Pre-payments can be made in full or in part, at any time, without penalty with nearly all of our lenders. All of our loans are conventional fixed rate loans.
  • We offer both monthly and bi-weekly payment options.

RV Insurance from Lichtsinn RV Insurance

We have found many of our Insurance customers do not have adequate coverage or are simply paying too much for the coverage they do have for their RV insurance. Unfortunately, by the time they realize this they may have already incurred substantial loss or expense.

If you are looking to buy a new RV or just simply looking for possible savings from RV Insurance you’ve already purchased elsewhere, one of our Insurance Consultants can provide you a no-obligation insurance quote.

The RV buying process may be lengthy, but it is an exciting process and finding the perfect dealer to work with makes the experience that much more enjoyable!

Watch this Video answering Additional Questions on Financing and Insuring Your RV.

Experience the Best® at Lichtsinn RV, the #1 Winnebago Dealer in North America for the last six consecutive years. Lichtsinn RV is located 1 mile north of Winnebago Industries in Forest City, IA and we proudly sell new Winnebago motorhomes and pre-owned RVs from various manufacturers. While at Lichtsinn RV, you can expect no delivery miles on new RVs, a complimentary half-day educational orientation of your RVexcellent guest reviews, an assigned support team from sales, parts, service and the business officesuperior accommodationsno-hassle pricing and competitive financing. See our extensive new and used inventory here.

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