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Can I buy a campervan with over 100,000 miles if I have great credit?
I just got a remote job and I want to travel in a campervan while I work. Unfortunately, I can only afford decked-out campervans that have 100,000 miles or more, but I do have great credit (800+). Can I still get a loan on a campervan with 100,000 miles?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“If you have a credit score of 800, you can probably find a credit union or a bank that’s willing to lend you the money for a campervan.
The downside is that they might limit your term to 48 months or less. While a shorter-term loan can prevent you from being
upside down on the car loan
, your payments may be higher than a longer-term loan.While financing a vehicle, the lender will likely require higher coverage amounts, even for a campervan with high mileage. More coverage can be pricey, but that doesn’t mean you have to break the bank. Try using the free
Jerry
app to compare rates and get the best deals delivered to you in minutes.”View full answer
- Gregory R.
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