RV Lifestyle RV Podcast

RV Lifestyle RV Podcast


RV Financing changes: Your complete new guide to RV loans for 2020

May 20, 2020

RV sales are booming these days like we haven’t seen in years.  But knowing the ins and outs RV financing and RV loans can be a daunting task.
With the economy taking a big hit because of COVID-19, you may have heard interest rates are at an all-time low. That may be true for home mortgages but it sure isn’t for RV financing rates for RV loans.

So, this week in our interview of the week segment (scroll down), we talk to an expert on getting  RV loans and RV financing. We’ll talk about what’s involved in getting new RV loans and how existing RV loans can be refinanced to save you big money.

Plus, we have lots of RV news, tips, questions, and an off the beaten path report for you… all coming up in Episode 295 of the RV Podcast.
Click the play button below to hear this episode of the RV Podcast. The interview about RV Financing and RV loans is about 20:25 into the podcast.

 

Here's the RV Podcast Show Notes for Episode #295, released on  May 20, 2020 
WHAT MIKE AND JENNIFER ARE UP TO THIS WEEK
There’s lots of news this week about the different parts of the country opening up. Many states are now well into phased reopenings, with non-essential travel being allowed again and state and national parks and campgrounds once again being opened.

One piece of bad news, though, has to do with RV travel to and from the US and Canada. The border remains closed. Officials announced yesterday that it will stay shut to all no essential travel at least until June 21. That is a long time. It’s been shut since March and a lot of RVers on both sides of the border are naturally very disappointed.

Down here along the panhandle of Florida, the area known as the Emerald Coast because of the blue-green color of the water, things are very close to the normal we had back in early March. Most businesses are open, limited to 50% of their capacity. And while social distancing is the new norm, people are acting responsibly. The private RV parks are open. Hotels are open and busy and short-term rentals of condos for vacations are once again allowed

We plan to stay down here for another few weeks. And yes, we will continue our Friday night virtual campfire and Happy Hour at 7 PM Friday nights on our RV Lifestyle YouTube Channel. These are in addition to our Sunday night Ask Us Anything live streams as well.
RV LIFESTYLE NEWS OF THE WEEK
KOA campgrounds see reservations rise and expect the trend to continue
Interesting story out of Forbes last week with Kampgrounds of America. The network of privately owned campgrounds in the United States and Canada reports that bookings started to outpace cancellations in mid-April so much that today reservations for July and August are only 15 percent below last year's numbers. KOA conducted its own research and found 4 in 10 campers are still planning to take their planned trips this summer, and leisure travelers who camp, and had plans canceled, are planning to replace original plans with a camping trip.As crowds soon return to national parks, rangers concerned about the impact on wildlife
Rangers preparing to reopen parts of the national parks are expressing concern about the safety of wildlife when people return. Animals throughout the national park system have relaxed as people have vanished, venturing into places they wouldn't normally dare go....