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Real-World Data and Statistics
According to the RV Industry Association, RV ownership has been steadily increasing, with over 11 million households owning an RV in the United States1. This growth has led to a competitive financing market, where interest rates for RV loans typically range from 4% to 15%, depending on your creditworthiness and the loan term2. Additionally, some lenders offer flexible payment plans and the ability to lock in fixed rates, providing stability amid fluctuating market conditions3.