rv buyers guide

An RV Buyer's Guide

If you love taking road trips, an RV is the ideal method for travel. In the long term, you’ll save money on hotel costs and car rentals, but the main draw is that you’ll have your own little place to call home, wherever you may go. So, you can pack all the comforts of home. Tent camping can be fun for a day, but when the bugs start biting and your back starts hurting, you’ll wish you had a warm comfy bed and a roof over your head, before you venture outdoors. RVs give you the flexibility to take trips whenever you want because you don’t have to plan ahead. Life is too short to plan for everything and out it off till later.

If you are interested in purchasing an RV, we’ve highlighted some excellent models to keep on the lookout for, as well as some options for loans. Read on to learn more!

Choosing an RV

Right now, you can find a ton of incredible RVs for your money. The 2022 Thor Freedom Elite 22HEF is one new model with an MSRP of $103,050. This RV measures 24 feet in length, sleeps five people and features slide outs for more space.  It’s a comfortable little RV that’s well-suited for weekend trips, camping and anything else your heart desires.

The Alliance RV Valor 36V is a luxurious RV that offers outstanding comfort, efficiency and reliability. Tons of optional features are available on this model including a queen bed suite, glass patio doors, solar panels and a gas generator. The starting price is $105,215, which is just a little higher than the Thor Freedom Elite model.

Winnebago is always a reliable brand and the Winnebago Vista 29A is easily one of the best options. This model is built on a Ford F53 chassis, boasting a 7.3 PFI V8 engine and six-speed automatic transmission. It also offers plenty of features you would find in a Ford truck like an LCD touchscreen display, Apple CarPlay, Android Auto, Bluetooth, USB ports and much more. It has all the kitchen appliances you need for your next road trip and an exterior 39-inch HDTV and speakers. The price for all this is steeper, of course, at $158,949.

If you are on a budget, and looking for something less than $100K, there are more affordable options as well, like the Nexus RV Phantom 24P. It is a 25-ft model built on a Ford E350 chassis and with a similar engine to the Winnebago model mentioned above. It features a steel cage for structure but has a fiberglass roof that keeps it lightweight. This model starts at $93,308.

RV Loans

If you are looking to purchase an RV but don’t have the cash on hand, RV loans are the best way to go. You can you usually get a low APR depending on your credit and receive funds relatively quickly. LightStream is one such lender that offers financing as low as 4.29% when you use AutoPay. Loans are available from $5,000 up to $100,000. There are no fees nor down payments required. Best of all, funds may be available as soon as the day you apply.

RockSolid Funding is another fantastic lender. They offer financing with rates as low as 3.99%. You can get approved within hours of applying. There are no hidden fees, the lender has an A+ rating from the Better Business Bureau and they’ve been trusted RV loan specialists for over 13 years.

Of course, you can also acquire RV loans from your preferred bank or credit union. US Bank offers loans up to $150,000 and rates as low as 5.24%. For the best financing, the lower the term of the loan the better, and making automatic payments usually helps too.  If you prefer to use a credit union, you can usually get a longer term loan but you’ll probably have a high APR. Nevertheless, you have options, and it’s best to consider them all before making a decision.

Last Updated: December 09, 2021