Journey with Confidence RV GPS App RV Trip Planner RV LIFE Campground Reviews RV Maintenance Take a Speed Test Free 7 Day Trial ×


Reply
 
Thread Tools Display Modes
 
Old 12-20-2015, 03:58 PM   #1
New Member
 
Join Date: Dec 2015
Posts: 1
looking to independently finance a bus

hello, I'm looking to make monthly payments on a bus. the make and model matter least, I just need it to be running and in a stable/reliable condition. I can make monthly payments of $100 until my house lease runs out, then I can afford more as the bus will be my only home. I plan to travel around and share the word of the bible and impending rapture. if anyone thinks they could assist in this endeavor, don't hesitate to email me at brantmreid1995@gmail.com

brantlee is offline   Reply With Quote
Old 12-21-2015, 06:38 PM   #2
Bus Crazy
 
Join Date: Feb 2012
Location: Salt Lake City Utah
Posts: 1,635
Year: 2000
Chassis: Blue Bird
Engine: ISC 8.3
A personal or signature loan from the institution where you keep a checking and/or savings account is probably going to come closest to your target. Interest will be relatively high (probably at least 10%) because that type of loan is unsecured.

For the most part, the buses bought by people here have enough age and mileage that no lender will consider the bus as collateral and write a secured loan. Cash savings is the most common funding source.
family wagon is offline   Reply With Quote
Old 12-22-2015, 06:29 AM   #3
Bus Nut
 
austin1989us's Avatar
 
Join Date: Apr 2015
Location: Tomball, TX
Posts: 313
Year: 1988
Coachwork: Blue Bird
Chassis: TC/2000
Engine: Cummins 5.9TA
Quote:
Originally Posted by family wagon View Post
A personal or signature loan from the institution where you keep a checking and/or savings account is probably going to come closest to your target. Interest will be relatively high (probably at least 10%) because that type of loan is unsecured.

For the most part, the buses bought by people here have enough age and mileage that no lender will consider the bus as collateral and write a secured loan. Cash savings is the most common funding source.
I got one of those unsecured loans from my bank last summer to pay my insurance deductible to put a new roof on my house. It's $3,800 at 9.25% for 12 months on an unsecured loan. It's a little over $330 a month for 12 months.

I bought my bus with cash.
austin1989us is offline   Reply With Quote
Reply

Tags
cheap, financing, monthly

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


» Featured Campgrounds

Reviews provided by

Powered by vBadvanced CMPS v3.2.3

All times are GMT -5. The time now is 11:59 PM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2024, vBulletin Solutions, Inc.