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Old 02-07-2008, 10:33 PM   #1
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Who does Financing on used SMB?

Does anyone know a finance company that is familiar with SMB? It is a private party sell & the finance co. is telling me that they don't see a listing for SMB & that I may need to get an appraisal done. I did find a NADA but the value wasn't accurate. I will look at Kelly B Book in a day or two but thought if someone knew of a company then I could cut to the chase. Thanks for any information....Woot
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Old 02-07-2008, 11:11 PM   #2
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Send a message via Yahoo to lowracer
This site is a wealth of information on the subject:

http://www.sportsmobileforum.com/viewto ... =financing
http://www.sportsmobileforum.com/viewto ... =financing
http://www.sportsmobileforum.com/viewto ... =financing
http://www.sportsmobileforum.com/viewto ... =financing

Short answer though, Wells Fargo will lend on anything. Just get an appraisal of your vehicle from SMB.
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Old 02-08-2008, 08:44 AM   #3
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Not sure if its mentioned in the links above, but the Kelly RV book lists them. The values do not accurately represent the going rate on these things, but its something. If you are a member of a credit union, that is something to consider. I've spoken with my CU and they don't have any problem with the purchase and will go out 84 months if need be.
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Old 02-08-2008, 09:42 AM   #4
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This appears to be a frequent, and frustrating topic for many people. Anyone want to volunteer to write up a synopsis on funding options for used SMBs, and we'll make it a Sticky for easy reference?


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Old 02-08-2008, 09:45 AM   #5
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Once I start going through the process, I'll be happy to document it and post my findings.
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