Good Sam Financing

Are you looking for a financing company for a new RV? We have got you here! Whether you’re looking to buy a new or used RV or need funding for full-time RVing, Good Sam has a solution that will fit your needs.

The company also offers insurance services to ensure your RV is protected in case of any accidents or damages. With millions of members in their RV club, Good Sam also provides discounts and perks on RV campsites, literature, and other services.

Read on below to learn all about Good Sam Financing services.



Good Sam Financing Services

Good Sam is a well-established organization that has been serving the needs of RV owners for over 50 years. As one of the oldest RV companies, it boasts millions of members who can take advantage of its wide range of services.

In addition to financing options, Good Sam offers over 2000 parks in the USA and Canada that provide discounts to RV lovers. Other benefits include roadside assistance, RV insurance, maintenance warranties, and various travel programs catering to the needs of the RV lovers’ community.

Services Offered by Good Sam Financing

Good Sam financing offers multiple services to clients interested in purchasing RVs and getting insurance plans. Here’s a detailed overview of the services offered by them:

New and Old RVs Purchase

Good Sam provides a comprehensive range of financing options for RV enthusiasts looking to purchase a new or used recreational vehicle. Whether you’re looking to buy from an authorized dealer, holder, or broker, Good Sam’s financing services make it easy and affordable to get the RV of your dreams.

The loan interest rate and other terms can vary depending on the condition of the RV, the borrower’s credit score, and the length of the repayment period. This means that even if you have a lower credit score, you may still be able to secure financing through Good Sam if you meet their other criteria.

Good Sam’s financing scheme covers a wide range of vehicles, including class A, B, and C pop-up campers, travel trailers, 5th wheels, horse trailers, motorhomes, and bus conversions, with more than half of the area used for living. This means that whether you’re looking for a small, compact RV or a larger, luxury model, Good Sam can provide financing options to suit your needs.

RV Loans Refinancing Services

Good Sam offers a valuable service that sets it apart from other companies is the ability to refinance existing RV loans. This service allows you to take advantage of the same competitive interest rates as you would for a new loan, resulting in potentially lower repayment amounts for a month. 

Full-Time Financing

Good Sam has a unique program for RVers who use their vehicle as a main residence, known as full-time financing. This is a benefit for those who continuously travel and have a hard time finding a lender who will take the risk of lending to them.

The process for full-time financing includes additional paperwork and warranties, but it is still a viable option for those looking to finance their full-time RV lifestyle. Interest rates and other terms and conditions are constant for traditional financing options.

RV lovers can get a handsome loan for recreational purposes, which is between $24,500 and $25,500. To apply for full-time financing, you are required to provide your personal information and details about the vehicle you wish to buy. 

Insurance for RVs

Good Sam offers a variety of RV insurance packages to meet the specific needs of RV drivers. These packages range from basic coverage to more comprehensive plans and can be customised to suit each customer’s individual needs.

The insurance package covers batteries, fuel, lockout situations, tire service, and access to certified technicians for help and guidance. There is no limit on the towing place to the nearest service provider, and they also offer mobile mechanic workshops.

In addition to maintenance coverage, Good Sam provides RV lovers the basic life and health insurance plans to ensure they have comprehensive protection while on the road.

Roadside Assistance and Warranty Plans

Good Sam offers comprehensive services that cover all services for making RVing fun, including roadside assistance. The company’s roadside assistance plans are available as a subscription, and its experts are there whenever you need them. This service is particularly important in remote locations where mechanics or towing services may not be available, ensuring safety for you and your loved one. 

Not only this, but Good Sam also has a statewide network of service centres that can help with other maintenance plans by providing extended services for Rvs. This ensures that you are covered for any unexpected repairs or maintenance issues that may arise during your camping journey.

Why Choose Good Sam Financing Service?

Good Sam Financing provides all the services related to your RVs. Whether you want to purchase a new RV, upgrade the existing or insure it, Good Sam can always be your number 1 choice. Here’s why Good San Financing is a better choice for you.

Competitive Interest Rates

Good Sam’s RV loan interest rates vary from 3.7% to 9.5%, depending on the loan amount and duration. These rates are less than the other providers of RV financing. The same rates apply to new and used RVs, full-time financing, and refinancing existing loans. The lowest interest rate is 3.7% for loans between $50,000 to $2 million, and the term duration is 5 years. 

Friendly Customer Service

Being the best provider of services for RVers, Good Sam Financing has an excellent network of service assistants. This means that when you apply for financing, you can expect a quick response and efficient processing of your application.

They have a 4-step process for loan applications, with a defined number of working days that could take up towards completion, allowing you to plan your purchase accordingly. Additionally, their customer service is nice and provides all required guidance throughout the application process to ensure a smooth experience.

Handsome Loan Options

Good Sam RV loan amounts range from $10,000 to $2,000,000, making it suitable for the needs of all RVers. Moreover, interest rates are relatively lower for amounts above $50,000 and higher for small amounts up to $10,000. This wide range of credit options and competitive rates make Good Sam a viable option for segments of society with limited income resources.

Loan Flexibility

Good Sam offers to finance RV models as old as 10 to 12 years. According to their website, they currently finance 6 types of RVs with a manufacturing era of 2010 or further. However, there is a mileage limit of 59,000-61,000 miles for gasoline engines and 105,000 miles for diesel engines. Other companies typically do not provide loans for vehicles older than 8 years.

Easy Terms and Low Processing Free

Applying for Good Sam RV financing is simple, with flexible repayment terms and policies tailored to your needs. They also provide loans for full-time RVers and offer refinancing options for existing loans. Down payment can range from 10% to 30%, requiring the applicant to be 18 years old and live in one of the 50 US states.

They have no application fee and one of the lowest processing fees among service providers in the United States. The processing fee can vary depending on the loan type and can be included in the loan amount.

Good Sam RVs Club Membership

When you purchase an RV using Good Sam financing, you become a member of the Good Sam Club, which has a network of over 2000 campsites and other services for RV lovers. As a member, you can take advantage of discounts on stays at participating parks and receive discounted rates on RV parts, services, and fuel.

Furthermore, you also have access to vehicle literature, including travel guides, books, mags, and roadside assistance services. Additionally, the Good Sam Club has blogs and platforms like forums where you can share your experiences with RVs and find solutions to any problems you may encounter during your camping voyages. 

Difficulties in Sam Financing Services

Good Sam RV loans have some drawbacks that customers have reported, such as hard qualification criteria, different interest rates based on the condition of the RV, a difficult online application process, a not informative website, and limitations on credit score. They have the same qualification criteria as other service providers and require a clean banking record and a reliable income source.

The loan amounts, processing fees, and interest rates can vary based on the condition of the RV, which may not be known until the lending team evaluates the vehicle. The online application process is complex and takes time to complete. Additionally, the website does not provide detailed information; customers need to contact customer care for more information. Furthermore, the credit score limit is 600-800, which may vary based on the reporting agency.


Good Sam RV loans offer a wide range of credit options, competitive interest rates, and access to the Good Sam Club network of over 2000 campsites and other services for RVers. However, they also have strict qualification criteria, variable interest rates based on the condition of the RV, a complex online application process, a not informative website, and limitations on credit scores. Therefore, it’s essential to have a clean banking record and a reliable income source before applying for a loan.

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