This is significant. Depending on the actual vehilce, whether it is an inexpensive travel trailer or a six figure class A, many people are comfortable taking on this new expense. I see this as strong confidence that these buyers believe they can afford the insurance, loan payments, upkeep as well as the gas and other travel fees that come with this purchase.
If purchasing an RV isn't your thing but you like to get away, maybe an investment into a vacation home could work out in your favor. If you are curious about rates, down payment requirements or specific loan products on vacation and second homes, please feel free to call me 1-401-437-2008.
Jason
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