Recreational Vehicle Loans

Buying New vs. Used

The decision to purchase a new or used recreational vehicle can be a tough one. It comes down to what you want and how much you can afford.

Buying a new recreational vehicle has many advantages, including getting the RV exactly as you want it, obtaining a full manufacturer’s warranty, and having little if anything to worry about when it comes to repairs.

However, buying used can be a better choice, especially if your budget is limited. There are many late model recreational vehicles on the market with some of the manufacturer’s warranty remaining.

Two questions to answer before buying a used recreational vehicle:

1. Is it in good mechanical shape?
2. Is it priced fairly?

At VacationLand FCU, we urge you to have any used recreational vehicle you’re considering buying checked by a qualified mechanic. The charge is minimal and includes checking all the recreational vehicle’s major systems: engine, transmission, electrical, heating, cooling and brakes.

Fair market value of the recreational vehicle can be determined easily by consulting any reputable pricing guide on the Internet or here at the credit union.

Whether you decide to buy new or used, VacationLand Federal Credit Union urges you to carefully consider all the pros and cons before making your recreational vehicle purchase.

When you’re ready to buy, we’ll be ready to help with reasonable finance terms and competitive rates.