Cash only on used escape in US? No financing?

sbbcc

New Member
Joined
Jul 30, 2024
Messages
8
Location
Santa Barbara
I read through a lot of these threads about financing issues but didn’t really find my answer.

I found an escape at a consignment dealer that is registered in the US. They states it’s cash only which is strange to me on a used trailer. Is this a red flag? I’m planning on paying cash but it just seems strange.
 
I can see a business like that wanting cash only. Certified cheques etc. aren't as fool poof as they used to be.

I've paid for a car in cash and it was a fair amount. Something a bit unsettling about paying in cash because the second you had it over it's gone and the deal is final. It is anyway but cash just seems more final. :)

I'd say it all comes down to the consignment company and what their history is. If you can confirm that they haven't been a source of complaints then go for it.

Ron
 
Consignment cash

I think it is a sign of the times, consignment place does not wish to get involved with credit issues. They could make some money with loan origination, but would rather just get the 10% and not deal with credit issues.

From a buyer perspective, the title is the most important issue. If there is a lender, they would wish to be covered fully for any title insurance, but if paying cash then that same level of diligence is needed by the cash payer. Unfortunately, in many states, a person can double sell vehicles, by claiming they lost the title, getting an additional title and then selling the RV to 2 different individuals. Happens with cars. :banghead:
 
Last edited by a moderator:
I read through a lot of these threads about financing issues but didn’t really find my answer.

I found an escape at a consignment dealer that is registered in the US. They states it’s cash only which is strange to me on a used trailer. Is this a red flag? I’m planning on paying cash but it just seems strange.
We do have some limited options for Used Escape financing. Message me for more details
 

Try RV LIFE Pro Free for 7 Days

  • New Ad-Free experience on this RV LIFE Community.
  • Plan the best RV Safe travel with RV LIFE Trip Wizard.
  • Navigate with our RV Safe GPS mobile app.
  • and much more...
Try RV LIFE Pro Today
Back
Top Bottom