Financing a motorhome can be a practical solution. A motorhome investment can be a large one, finance can make this affordable. But can you finance a motorhome over 10 years? At Pegasus Finance, we understand that this is one of the most common questions asked about motorhome financing. Here, we will answer this question and discuss the pros and cons of financing a motorhome over 10 years.
Can I Finance A Motorhome Over 10 Years?
The good news is that it’s possible to finance a motorhome over 10 years. We have a great relationship with our lenders, which means that we can offer terms of up to 15 years in some cases. However, it’s important to consider the overall cost of financing a motorhome over 10 years or more.
Every individual has their own unique set of circumstances. It’s for this reason, that we work with a personal approach to match you to the best loan deals available. There are no robots here! We pride ourselves on our 5* customer service, as recognised by our Feefo Platinum Service Award.
Financing a motorhome over a longer period may seem like an attractive option since the monthly payments will be lower. Your dream motorhome could be more affordable than you thought! However, it’s essential to weigh the advantages and disadvantages carefully. Our helpful team at Pegasus Finance can talk you through all your options.
Despite the potential drawbacks, financing a motorhome over 10 years or more may be a good option for some individuals. If you’re purchasing a motorhome for full-time living or extended travel, it may be more practical to have lower monthly payments. This especially applies if you’re on a fixed income.
Moreover, if you’re confident that you’ll keep the motorhome for an extended period, it may have less effect. Financing over 10 years or more may not be a significant issue for you. You may benefit from paying a bit more interest over the long term. The lower monthly payments which a longer-term allows, might allow you to enjoy your investment more.
To Summarise, Can You Finance A Motorhome Over 10 Years?
In conclusion, financing a motorhome over 10 years or more is possible, but it’s essential to weigh the advantages and disadvantages. At Pegasus Finance, we provide a range of motorhome finance options. We can offer shorter-term loans that may be a better fit for some individuals. If you’re considering financing a motorhome, we encourage you to speak to our experienced team. Specialists in the motorhome finance market, they will help guide you through the process.
Our goal is to find the right solution for your needs. We are a broker, not a lender. Furthermore, we work with multiple specialist lenders in the motorhome industry. This means we can secure the best deal for you. Contact us today for a completely no-obligation quote. What’s more, our brokerage service is free of charge. You won’t get stung with any hidden fees.
Lastly, an application with us is simple. You can apply online, or call our office for your free quote. There is no obligation, and your friendly assistant will guide you through every option open to you. This includes 10 year finance, even 15 year finance, or shorter terms to best suit your needs.
