Finance options

Yes, it is still possible to get finance for a motorhome even with a “bad” credit score. Don’t automatically think that you won’t be able to qualify for a loan because of your credit history, regardless of that history. Contact AEG Motorhomes today and we’ll be of assistance.

There are 3 types of finance agreements:

Hire Purchase (HP)
Gives you up to 10 years to repay the cost of your vehicle. At the end of the agreement the motorhome is yours to keep.

Personal Loan
The big advantage of this option is that the finance isn’t linked directly to the motorhome, so if you want to sell or part-ex it you can, without the finance
getting in the way.

Personal contract purchase (PCP)
if you’re not planning on purchasing your motorhome at the end of the agreement and plan on part-exchanging it for another vehicle PCP is the ideal finance option for you.

At AEG Motorhomes, we go beyond providing motorhomes; we provide financial solutions designed with your journey in mind. Choose excellence, choose AEG Motorhomes, and let’s embark on your adventure together.

Interest rates can be influenced by:

• Credit score: A higher credit score usually results in lower interest rates.
• Loan term: Longer loan terms can come with higher rates.
• Down payment: A larger down payment may help you secure a better rate.
• Type of motorhome: Newer models may have more favourable financing options compared to used ones.

Yes, at AEG Motorhomes you can finance a new or used motorhome or campervan. However, the terms and rates may vary compared to new models.

Common documents required include:

• Proof of income: Pay stubs, tax returns, or bank statements.
• Credit history: Lenders will usually pull this.
• Identification: Driver’s license.

Yes, making a larger down payment can lower your monthly payments and reduce the total interest you’ll pay over the life of the loan. It also decreases the loan-to-value ratio, which may help you get better financing terms.

Yes, you can get finance for a motorhome.

Yes, you can also get finance for a campervan. Just like with motorhomes, various financing options are available to help you purchase a campervan and manage your payments effectively.

Loan terms for motorhomes or campervans can be significantly longer than standard car loans, often lasting up to 10 years. Although longer terms may lead to lower monthly payments, they can also result in paying more interest over the duration of the loan.

Typically, you’ll need to provide a deposit of about 10% of the total price. The more you can put down upfront, the less you’ll need to borrow.