Originally Posted by Myjayred
Whats the best way to finance or refi an Airstream. My local credit unions are using NADA which is much lower then actual market value.
Any ideas would be very helpful!
We ran into this and we helped the local credit union out. I looked around on google, eBay, this site etc...for similar airstreams to my make and model and used them as comparables. It helped a lot. You can find "sold" units on eBay by looking in the left column.
We did not want a high interest rate and a deep down payment. We wanted all of it financed at a really good rate. So, our credit union agreed to finance 80% as a vehicle loan and then the rest as a personal loan. Both rates were great.
We did go for a very short loan term, however, and that helped too. Monthly payments are higher, but we will be paid off quickly.