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Financing your new RV is a fantastic way to get the recreational vehicle you want with terms that fit your unique budget. Did you know that if you don't own a second home, the interest paid on an RV loan is even tax deductible?
At Lakeland RV Center, we make it easy to finance your next RV. Simply fill out the form below (fields marked with an asterisk are required) or call us directly at (608) 868-4701, and a Lakeland financing specialist will begin tailoring a solution designed to meet your specific needs. For more information about financing your new RV, you can also find a number of tips detailing the advantages of RV-specific loans at the bottom of the page.

The Facts About RV Financing courtesy of GoRVing
There’s no better time to buy an RV! You’ve searched and researched and you’ve found the RV of your dreams! Whether it’s new or used, the question now is how can you make that dream a reality? The answer: by financing your purchase with terms that make it affordable for your budget.
Why Finance Your RV?
When you finance your purchase instead of liquidating assets or paying cash, you maintain your financial flexibility. Plus, your RV may qualify for some of the same tax benefits as a second home or mortgage. Of course, check with your tax advisor, but basically to qualify for these benefits, such as the deductibility of interest on the loan, the RV must be used as security for the loan along with providing basic living accommodations such as sleeping area, bathroom and cooking facilities. Remember, the RV is considered a qualified second residence as long as you designate it for each tax year.
What are the advantages of financing through an RV lending specialist?
- Down payments are lower – Although final terms are determined based on your credit profile and the age, type and cost of the RV being purchased, financing through RV lenders usually requires down payments in the 10% range.
- Finance terms are longer and monthly payments are lower – Because RV finance specialists know the industry, it's not uncommon to find 15-20 year repayment schedules to help you afford the RV of your dreams, resulting in managable monthly payments.
The Last Word on RV Financing
Your RV might actually cost you less in the end if you finance your purchase. By not tapping your financial assets to finance your RV, you can take advantage of attractive new investment opportunities, and the earnings from those investments can potentially exceed the cost of your RV financing. The bottom line is that if you are thinking of buying an RV, you should check financing options to maximize your purchase enjoyment. You’ll be on the road enjoying your new RV before you know it!
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