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Posts Made By:
Jon in AZ
Forum:
General Discussion Forum
05-01-2020, 03:18 PM
Replies:
39
What happens when a vehicle is upside down?
Views:
4,267
Posted By
Jon in AZ
Ray, thanks for your vulnerability in putting...
Ray, thanks for your vulnerability in putting numbers to the issues. I’m sure it will help others. Sorry to hear about your troubles with the Sorinter.
Forum:
General Discussion Forum
04-27-2020, 12:58 PM
Replies:
39
What happens when a vehicle is upside down?
Views:
4,267
Posted By
Jon in AZ
Agree. You’ll have to start over with a new loan...
Agree. You’ll have to start over with a new loan that makes financial sense. And if the RV isn’t worth the existing loan payoff amount, that’s sadly someone else’s problem you can’t afford to solve. ...
Forum:
General Discussion Forum
04-25-2020, 03:12 PM
Replies:
39
What happens when a vehicle is upside down?
Views:
4,267
Posted By
Jon in AZ
Late thought, obvious, but I’ll say it anyway. ...
Late thought, obvious, but I’ll say it anyway. Don’t take a 20 year loan on a depreciating asset. They are common in the RV industry and inherently predatory. If a short-term loan (5-7 years) is...
Forum:
General Discussion Forum
04-25-2020, 02:36 AM
Replies:
39
What happens when a vehicle is upside down?
Views:
4,267
Posted By
Jon in AZ
If financing is part of the picture, start by...
If financing is part of the picture, start by finding out from your lender where the “break points” are for interest rates vs. age. Often there’s a jump in rates beyond 4-5 years. That’ll give you a...
Showing results 1 to 4 of 4
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