RV Financing FAQs
From bad credit to pre-approval to warranty options, get answers
to common RV financing questions at South Thompson RV.
The Road to Freedom is Within Reach.
At South Thompson RV, our Kamloops RV dealership is dedicated to helping the people of BC make their dreams of owning an RV a reality. We know the world of RV financing can feel overwhelming. That’s why we’re all about making things easy. Read our helpful RV financing FAQs to help you make an informed decision before making an investment. Don’t see the answer to your question? Contact our team anytime!
RV Financing FAQs
How does RV financing work at South Thompson RV?
RV financing allows you to spread the cost of your RV over manageable monthly payments. Our finance team works with trusted lenders to secure competitive rates and terms based on your budget and credit profile.
What types of RVs can be financed?
We offer financing on a wide range of new and used RVs, including travel trailers, fifth wheels, motorhomes, toy haulers, and campers from top RV manufacturers in North America. Financing is available on both new and used inventory.
What credit score is needed for RV financing?
There’s no single minimum credit score required. Approval depends on several factors, including credit history, income, and the RV you’re financing. Our team works with multiple lenders to find the best possible solution.
Can I get RV financing with bad or limited credit?
Yes. South Thompson RV regularly helps customers with bad credit RV financing, limited credit, or past financial challenges. We focus on finding flexible financing options that fit your situation.
How much down payment is required for an RV loan?
Down payment requirements vary based on credit profile, RV type, and lender. Some buyers may qualify with little to no down payment, while others may benefit from putting money down to lower monthly payments. Use our online payment calculator to get an estimate of what your monthly payments might look like.
What loan terms are available for RV financing?
RV loan terms typically range from 5 to 20 years, depending on the RV’s value and your financing plan. Longer terms can help keep monthly payments affordable.
Can I finance an RV if I’m a first-time buyer?
Absolutely. First-time RV buyers are welcome, and our finance team will guide you through every step of the process to make it simple and stress-free.
Can I apply for RV financing online?
Yes. You can get started anytime by completing our secure online RV financing application. Applying online can help speed up the process before you visit the dealership.
Can RV financing be combined with current promotions or specials?
In many cases, yes. RV financing can often be paired with manufacturer incentives or dealership promotions, depending on eligibility and lender approval.
Who can I contact if I have questions about RV financing?
Our friendly finance team is always happy to help. Contact us online or call us at (250) 374-4949, or stop by our Kamloops RV dealership anytime.
Do I need RV insurance and warranty coverage?
Yes. RV insurance is required to legally operate your RV and helps protect you from accidents, damage, theft, and liability. At South Thompson RV, our team can explain insurance requirements in British Columbia and help you explore extended RV warranty options that fit your travel style and budget.
Which cities in British Columbia do you offer RV financing for?
South Thompson RV proudly offers RV financing to customers across British Columbia, including Kamloops, Salmon Arm, Kelowna, Vernon, Merritt, Chase, and surrounding communities.
