When it comes to financing an RV, the options can be as varied as the destinations you plan to visit. In our latest newsletter, we asked our readers a simple yet revealing question: “How do you primarily finance your RV?”

This poll was designed to get a pulse on how our community manages the financial aspect of their RV dreams. If you haven’t already, make sure to vote in our future polls so you can be part of these fascinating results and findings. Your input helps us understand the trends and preferences in the RV world, and who knows, you might even influence someone’s next big financial decision!

Poll Results: Loans vs. Cash vs. Lease

The results are in, and they offer a compelling snapshot of our readers’ financing habits.

  • A majority of 52% of you prefer taking out a loan to finance your RV.
  • Close behind, 48% of you are all about that cold hard cash, opting to pay upfront.
  • Interestingly, not a single soul chose to lease their RV, which either means leasing is the least popular option or our readers are just really good at commitment.

Loans: The Road Less Traveled (But Not Really)

Let’s start with the 52% who opted for loans. It seems that many of you are comfortable with the idea of monthly payments. Maybe it’s the allure of spreading out the cost over several years, or perhaps it’s just that new RV smell that’s so irresistible you can’t wait to hit the road. Loans can make that dream RV more accessible, turning a significant upfront cost into manageable chunks. Plus, it gives you the flexibility to invest in those all-important RV accessories—because who doesn’t need a portable grill and a satellite dish, right?

Cash: The One-Time Hit

Then we have the 48% who prefer to pay in cash. Kudos to you! You’re either financial wizards, lottery winners, or just really good at saving. Paying in cash means no monthly payments and no interest, which is a huge plus. It also means you own your RV outright from day one. However, it does require a hefty upfront investment, which might explain why this option is almost neck-and-neck with loans. Maybe you just sold your house, or perhaps you’ve been saving since the day you first saw “RV” in the dictionary. Either way, paying in cash is a bold and impressive move.

Lease: The Road Not Taken

And then there’s the lease option, which garnered exactly 0% of the votes. Zilch. Nada. It seems our readers are either not aware of leasing options for RVs or they simply prefer to own their home on wheels. Leasing might offer lower monthly payments and the option to upgrade every few years, but clearly, it’s not resonating with our audience. Maybe RV enthusiasts are just too committed to their lifestyle to consider a temporary arrangement. After all, who wants to fall in love with an RV only to give it back?

Conclusion: Why We Think the Results Came In as They Did

So why did the results pan out this way? We believe it boils down to the nature of RV ownership. Loans offer a practical way to make a significant purchase without draining your savings, which appeals to many. The close second place for cash payments suggests that a good number of you have either planned meticulously or prioritize financial freedom.

The complete absence of leasing votes indicates a strong preference for ownership among our readers. Owning an RV is more than just having a vehicle; it’s about having a home on wheels, a personal sanctuary for adventures. And let’s face it, no one wants to fall head over heels for an RV only to have to give it back after a few years.

So, whether you’re a loan lover or a cash connoisseur, your choice reflects your unique approach to the RV lifestyle. Keep those votes coming in our future polls—we can’t wait to see what else we discover about our amazing community!