Quick Note about Financing

We decided to finance our Argosy purchase for a couple of reasons:

    • We expect to have to put about $3k to $4k into this trailer within the first two years (especially if we gut it & glamp it)

    • We have been in our home for over 12 years and are expecting some major repairs such as a new HVAC system x 2!

Financing is not super easy from a traditional bank. We ditched the big National banks years ago. We only bank with a credit union and USAA. We decided to go with our credit union for the loan.

At first, we got a fantastic rate on a secured loan but the Blue Book only goes back to 1979 for travel trailers. So, our credit union switched it to an unsecured loan. The difference? Truly, the interest rate. With an unsecured loan, the interest rate jumped four points. Ugh!

We never have our loans go to term and we always pay them off early. This news gives us even more reason to pay off early!

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