Can I get financing on my RV with no down payment?

Answer by  technogeek (6640)

There will always be a lender who will finance you with $0 down. It is just a matter of research in comparison with your credit score.

Answer by  Roland27 (16334)

Very few places offer this kind of financing now that the economy has turned sour. You can try to find a place that will approve. Just look hard.

Answer by  tamarawilhite (17883)

Yes, but this is not wise. If you cannot afford a down payment, the interest rate will be 8-20%, depending on your credit score, because you can only get financing from the RV dealer. Consider saving up 5-10% down to reduce the interest rate several points. Or get a smaller RV, which will reduce the balance and thus interest rate.

Answer by  worker2592 (117)

Depending on your past credit history and present credit score you could. Most banks now though try to require a down payment, especially if the overall amount of the RV is high. You might be able to obtain the loan without, but you will probably have a very high or variable interest rate.

Answer by  shoaib100 (3)

I deepens on country to country most of the bank ask for 10 to 20 percent to get financing but there are exception where u can get without down payment .