How to Finance a Travel Trailer or RV & Get Tax Benefits

Did you know that financing a travel trailer purchase can, in some cases, provide you with more savings and flexibility than paying with cash? Here’s an interesting thing about owning an RV or motor home that not a lot of people realize: you might be able to claim it as a second residence on your taxes as long as you designate it properly for each year.


finance travel trailerSimply put, that means that you’ll be able to get a lot of the same tax advantages from a travel trailer or RV as you would from a second mortgage. And that means savings!

Your tax adviser can give you more information about the benefits of financing a travel trailer and whether you qualify. But if done correctly, you may be able to deduct the interest on your travel trailer loan if your motor home has basic living amenities like a small kitchen, bathroom and sleeping section. Believe it or not, your RV could actually end up costing less if you finance it and start a payment plan than if you purchase it outright.

Remember: when you finance your travel trailer or motor home through an RV lending specialist like RV Wholesale Superstore, your down payments are usually lower and the monthly payments are usually lower, as well. The final terms are always decided by the cost and type of RV being bought and your own personal credit score, but an RV lender oftentimes only requires a 10% down payment.

Here at RV Wholesale Superstore, we can help make financing your travel trailer easy. We work with only the top lenders in the industry, who provide the very lowest rates currently available. Contact us today to find out more about how we can put you in the RV, travel trailer or motor home of your dreams!