Snyder's RV Financing Department

Why Finance?

RV Financing - RV Loans

Snyder's RV offers RV financing for both new and used RVs, whether it be a Shasta or Winnebago, etc. Our favorable RV financing terms make it very affordable for most people to own an RV. With low rates and terms out to 20 years, payments are typically much lower than customers expect. Plus, the interest you pay on an RV loan is tax deductible as a second home mortgage. Check with your accountant or RV finance specialist for more details.

Additional benefits of using a Snyder's RV loan for your recreational vehicle:

  • No pre-payment penalties
  • Simple interest RV loans
  • The only collateral is the RV (protect your other assets including your home from the unexpected).
  • Instant approval (qualified buyers)
  • RV extended warranties

Snyder's RV Lending Partners

  • Ally Bank
  • Bank of the West
  • US Bank
  • First Merit
  • Tobin Associates, Inc.
  • Marine One
  • Langley FCU
  • Merrick Bank
  • BB&T
  • Port Alliance FCU

Get the Facts About RV Financing

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 afford to make that dream a reality? The answer: by financing your purchase with terms that make it affordable for most every budget.

One-Stop Finance Shopping

Most dealers have already arranged on-the-spot RV financing through one or more major lenders and will work to make your purchase dream come true. Their in-depth knowledge will make the process go that much smoother.

Why Finance Your RV?

When you finance your purchase, instead of liquidating assets or paying cash, you maintain your personal financial flexibility. Plus, your RV may qualify for some of the same tax benefits as a second home 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 RV loan along with providing basic living accommodations such as a 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 / 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 manageable 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 purchase the RV, you can take advantage of attractive new investment opportunities that might come along 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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