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Old 11-18-2015, 05:28 AM   #1
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1986 32' Limited
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Financing available???

I'm looking at purchasing a 1986 excella 32'. For 8-10k. But don't want to pay cash was looking into gettin a loan. No one wants to loan on a camper that old. Even though it's a airstream. Any ideas?
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Old 11-18-2015, 06:52 AM   #2
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1955 22' Flying Cloud
1964 17' Bambi II
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Personal line of credit?
Take a loan from your 401(k)?
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Old 11-18-2015, 06:55 AM   #3
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I've looked into personal loan..... The interest rates are kinda high 10% is about as low as I could find.... I don't have 401k. I was hoping around 6% would be nice.
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Old 11-18-2015, 07:03 AM   #4
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Credit Unions are often a good source. Secured loans on vintage trailers are tough because there is no generally accepted method of valuing them.
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Old 11-18-2015, 07:07 AM   #5
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When I traded up I needed 10k extra. My credit union gave me a signature loan at 5.5%. It helps to have a good credit rating and history.
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Old 11-18-2015, 07:23 AM   #6
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Do you own a home? Home equity loan.
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Old 11-18-2015, 07:23 AM   #7
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1986 32' Limited
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Ok thanks that's helps. I am a state employee credit union member that's where I do all my banking. I'll just have to go check with them.
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