If you are one of many families across the country who go camping often and enjoy the outdoors, the next step is for you to invest in a RV. Unfortunately for many families, it ends there.

The average family of today cannot afford to purchase their own RV. Families have too many other stresses on the family budget that come first.

Lerch RV has the capability to assist you when it comes to purchasing a fifth wheel or travel trailer for the family.

Your new RV may qualify for some of the same tax benefits as a second home mortgage. Of course, check with your tax advisor, but to qualify for these benefits, such as the deductible of interest on the loan, the RV must be used as security for the loan along with providing basic living accommodations such as a sleeping area, bathroom and cooking facilities. The RV is considered a qualified second residence as long as you designate it as that for each tax year.

Your RV might actually cost you less in the end if you finance your purchase. The bottom line is that if you are thinking of buying an RV, you should check financing options to maximize your purchase enjoyment. What are the advantages of Financing through a 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. And financing through RV lenders usually requires down payments in the 10% range.

Finance terms are longer / Monthly payments are lower, because RV finance specialists know that RVs maintain their value and resale appeal, they tend to offer more attractive terms. In fact, it’s not uncommon to find 15-20 year repayment schedules to help you afford the RV of your dreams. Consider allowing Lerch RV to help you in financing that new camper. And you’ll be on the road enjoying your new RV before you know it!