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RV financing is its own world — typically 10-20 year loan terms, specialty lenders, and credit requirements that differ from auto loans. Here is the bad-credit RV framework.
Explore an option
If you are reading this, you likely want a clear next step. Here is one worth knowing about.
Top bad-credit RV financing options
1. Good Sam Finance
RV-specialty lender. Approves down to ~600 FICO with sufficient down payment.
2. Bank of the West RV loans
Specialty RV lending arm. Better rates than most banks.
3. Local credit unions with RV programs
Often more flexible than national banks for RV-specific loans.
4. Camping World in-house financing
For purchases at Camping World specifically. Easier approval.
5. RoadLoans for towable trailers
Subprime lender willing to finance smaller trailers.
RV pricing reality
- Used pop-up camper: $3,000-$10,000.
- Used travel trailer (10-20 ft): $5,000-$20,000.
- New travel trailer: $20,000-$60,000.
- Class C motorhome: $50,000-$120,000.
- Class A motorhome: $100,000+.
Down payment requirements
Bad-credit RV loans typically require 15-25% down payment vs 0-10% for good credit. Plan accordingly.
Verdict
For bad-credit RV buyers, Good Sam Finance is the smart starting point. Used RVs are dramatically cheaper than new — depreciation hits new RVs hard in years 1-3. Always inspect with an independent RV inspector before purchase.
Reminder: Approval and terms vary by lender. Verify rates and fees before applying.
One more worth bookmarking
Whatever you choose above, this is a useful, no-cost companion tool for anyone working on their credit.