This post may contain affiliate links or mention our own products, please check out our disclosure policy.

Is It Possible To Find Zero Down RV Financing?

Published on January 14th, 2022 by Lynne Fedorick

RVs in lot with zero down RV financing

Is It Possible To Find Zero Down RV Financing?

RV camping is in the midst of an unprecedented surge in popularity. The appeal of hitting the open road or camping in a self-contained RV has more people than ever thinking about buying an RV.

There are now a multitude of financing options available from many different lenders. Because of the amount of money that is borrowed, an RV loan is often structured more like a mortgage than a vehicle loan. While it is possible to get zero down RV financing, lenders often require a 10-20% down payment on an RV loan.

Is working with an RV dealer the best option?

If you need to finance an RV, it’s usually best to work with an RV dealer to get the best financing terms. RV dealers can often get the best rates on RV loans because they have a number of different lenders they work with to secure the best rates. The interest rate (cost of borrowing) will depend on your credit rating and your downpayment on the RV.

Sign up for the newsletter today!

Please enter a valid email address.

An error occurred. Please try again later.

× logo

Thank you for subscribing to the Camper Report newsletter, keep your eye on your inbox for updates.

Advantages of zero down RV financing

  • Allows you to keep your assets
  • May be easier than saving money for a downpayment
  • The RV can be financed between 4 and 20 years.

Disadvantages of zero down RV financing

  • Amount of interest paid will be higher than if a downpayment was made
  • The interest rate on a zero down RV loan is often higher than if a downpayment was made on the RV
  • A zero down RV loan will usually be secured with your RV – if you miss a payment, they can take your RV
  • RVs depreciate by as much as 20% as soon as you buy them
  • You may end up paying more in interest than the RV is worth

RVers looking for valuable how-to information have learned to go to the experts. Forums such as iRV2.com and blog sites like RV LIFE, Do It Yourself RV, and Camper Report provide all the information you need to enjoy your RV. You’ll also find brand-specific information on additional forums like Air Forums, Forest River Forums, and Jayco Owners Forum.

About the Author:



Support Camper Report

Camper Report is run by RVers who share the most up-to-date and valuable content on camping and RVing every week. We couldn’t do it without the support of our readers just like you.

You can help support the efforts of Camper Report by becoming an RV LIFE Pro subscriber, which gives you access to:

  • RV LIFE App, an RV Safe GPSâ„¢ with voice- and lane guidance, even offline.
  • RV LIFE Trip Wizard, a visual RV trip planner with custom RV-safe routes and a comprehensive directory of RV parks, resorts, and campgrounds.
  • RV LIFE Maintenance, a cloud-based service that tracks your RV maintenance and provides reminders, reports, and related documentation.
  • RV LIFE Masterclass, an online educational platform where RV experts share tips and advice on everything you need to know about RVing.

If you value our site and want to see us continue to grow, please consider supporting us by becoming an RV LIFE Pro subscriber today.


Leave a Comment