New/Used RV
Never Title/Previously Titled |
Approx. Term |
APR as low as |
|
12-60 months |
5.04% |
| $15,000 & over |
84 months |
5.54% |
$20,000 & over
|
120 months |
6.04% |
| $25,000 & over |
180 months |
6.54% |
| $50,000 & over |
240 months |
7.04% |
APR=Annual Percentage Rate. Rate effective September 1, 2022. The rate advertised can vary based on credit and terms of the loan. 5.04% APR for 60 months is the lowest rate and includes a maximum 50 basis point (0.50%) qualifying discount. Add 50 basis points (0.50%) for model years 2015 or older. Maximum mileage on eligible Recreational Vehicles is 100,000. Rates are subject to change without notice. RV loans qualify for up to 50 basis points (0.50%) in discounts, including a 25 basis point (0.25%) discount for automatic payments from a CoastHills Credit Union checking account, 25 basis point (0.25%) discount for a refinance from another financial institution and up to 25 basis point (0.25%) relationship reward discount. Certain other conditions may apply, please speak to a Member Services Officer for eligibility details.
The two types of RVs that may be financed by CoastHills include, motorized RVs and towable RVs. Motorized RVs include motor homes, mini-motor homes and camper vans. Towable RVs include travel trailers, fifth wheels, folding camper trailers and truck campers. New and used recreational vehicles (RV) defined as a vehicle designed to provide temporary living accommodations for travel, vacation or recreational use and to be driven, towed or transported. New RVs are characterized as current model year or no previous title owner.
New RV values will be characterized as the sales price listed on the dealer purchase order, invoice, or MSRP, whichever is less. Used RV values will be based on NADA retail value (adjusted for equipment and mileage). RV loan requests exceeding $50,000 may require an independent appraisal conducted by a certified RV appraiser completed at the member's expense.