I Financed My RV for 15 Years. Here’s the Number That Broke Me.

I Financed My RV for 15 Years. Here's the Number That Broke Me.

The dealership promised Mark a monthly payment lower than his car loan. But they conveniently left out the math of what happens in year five. Buyers are lured into long term loans by low monthly payments. They remain completely unaware that RV depreciation vastly outpaces principal reduction. This creates a massive financial trap. You get … Read more