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Finance vs Cash

A Few Things to Consider…

There are Real reasons Dealer Plans Loans Are recommended.

Let's say you want to buy an RV, you have the cash (you've been saving forever), or you'll have the funds available when you need them.

What if you put those funds into an interest earning account or even a savings account? What if they are already in an account earning you money?

Did you know at the end of your dealer finance agreement you will still have your savings (quite possibly more with interest) and an RV that is paid for! So that money you have worked so hard to save is still intact and available to you for emergencies or anything else you may want.

When you pull money out of your investments there is also a risk of losing out on investment opportunities and there may be costly penalties and tax adjustments for cashing out early.

Very often a Dealer Plan Loan can be set up with your own bank giving you the benefit of dealer preferred rates, the convenience of your online banking and the security of knowing you can deal with the people you are comfortable with. Also, there is no setting up multiple appointments for a loan application and signing - we can take care of all of it at the dealership when you pick up your RV!

Dealer plan loans are secured only by the unit you are purchasing therefore they can not tie up any other assets or equity, they are extremely flexible and you can pay them down or pay them out anytime you like - without penalties and your savings or investments will always be there when you Need them.

  
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