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Coach Refinancing

Yahoo Message Number: 68620
Hello,

Has anyone recently had a good experience in getting their coach refinanced? Any recommendations? Thank you,

Herb H.

05 Alllure 31209

Re: Coach Refinancing

Reply #1 –
Yahoo Message Number: 68621

I can't beat the 4.9% we're paying. What are you looking at and who are they?

Bob (rthandren@...)
'05 Inspire 51178

Re: Coach Refinancing

Reply #2 –
Yahoo Message Number: 68623
Bob,

We are currently financed through US Bank, they will not come off their 6.5% rate.
Herb H.

05 Allure 31209

Re: Coach Refinancing

Reply #3 –
Yahoo Message Number: 68624

I can't remember the rate but I think I saw a lower value at the AAA store.
We, as I am sure most everyone who financed is, are under water/upside down on owed versus current value. I am not sure getting refied is even possible.

Bob (rthandren@...)
'05 Inspire 51178

Re: Coach Refinancing

Reply #4 –
Yahoo Message Number: 68629
Being in the finance business.. we can attest that 6.5% is really not bad in this climate.
Personal property loans (like an RV) may have lower rates like 4.875% because of negotiated buy downs that dealers pay to help sell the coach.
Inflation is coming folks... and the banks are running scared.. 6.5% will look great in about a year or two..

Russ

05 Intrigue LE
11883
For Sale

Re: Coach Refinancing

Reply #5 –
Yahoo Message Number: 68630
We just refi our coach in Dec 2010 with Essex Bank of the West for 5.49% 17 years. Our payment stays about the same but we pay it off 2 years sooner than our 5.99 previous loan. They did require our RV valued but it was done online using NADA guide. Minimal closing fee with good credit.

Best,

Jay T.

2005 Magna Rembrant 45 C13

Re: Coach Refinancing

Reply #6 –
Yahoo Message Number: 68667
I refinanced with my Credit Union for 4.25. It's a private credit union. However, you can google credit unions and many are open to the public. I have a friend who signed up with Firemen's credit union and got 4.5.

Grant

'06 Magna Rembrant 45 C13
Ford F-150

Re: Coach Refinancing

Reply #7 –
Yahoo Message Number: 68677
Quote from: Jay T\."

> We just refi our coach in Dec 2010 with Essex Bank of the West for 5.49% 17 years. Our payment stays about the same but we pay it off 2 years sooner than our 5.99 previous loan. They did require our RV valued but it was done online using NADA guide. Minimal closing fee with good credit.
Tried several places. Currently with US Bank at 6.37%. Tried Bank of America at 5.15%. Refused because coach had over 50,000 miles (2007 Beaver Contessa). We owe about half the value. Tried two others including Essex credit. Both had rates in the low to mid 5%. Essex said no way when I mentioned fulltimer and the other countered with 6.9%.
Blamed it on the federal government new rules as of last October had to have an address etc.

Ken Sair 2007 beaver Contessa