How To Finance A Sprinter For Van Life

Considering a Sprinter for van life? Sprinter Vans are great for those looking for a home on wheels, thanks to their customizability and extensive cargo space. But many Pasadena shoppers ask, “Can you finance a live-in van?” Yes, you can finance a live-in van! Lots West Covina van lifers seek out financing for their camper van conversions.

What’s the difference between Sprinter van financing vs. traditional auto loans, and what can you expect during the Sprinter van financing process? Because people purchase Sprinter vans to have them upfitted, there is a lot more that goes into Sprinter van financing vs. traditional auto loans. Learn more about how to finance a live-in van, where to get van financing, and the costs of setting up a van, then reach out to Sprinter of Arcadia to discuss your van life financing options!

How Much Does it Cost to Set Up a Van to Live In?

As always, you’ll want to have a budget in place before you start with the van conversion financing process. How much does it cost to set up a van to live in? These customization options only add more to the cost of the Sprinter van itself. And van conversion costs can get really pricey, especially for those who are looking to create a livable space, which usually involves the installation of water systems, electricity, kitchen appliances, insulation, and more. Ultimately, this figure will vary depending on whether you choose to go with a new or pre-owned Sprinter Cargo Van.

How to Finance a Van Conversion

Can you finance a live-in van? Yes, we already established that you can if you go with a verified Mercedes-Benz Sprinter builder that can help with financing the Sprinter Van and the conversion, but not if you perform the conversion yourself. You can also receive financing for your van conversion with an RV loan. RV loans and outfitters aside, there are multiple ways to finance a live-in van. Here is how you can finance a van and how to finance a live-in van.

• Approved Outfitter. If you go through an approved Mercedes-Benz Outfitter, you can finance both the van itself and the outfitting cost. Contact us for a list of approved Mercedes-Benz Sprinter Van outfitters.
• RV Loaner. RV loans are offered by a variety of lenders in the Los Angeles areas, but the interest rates fluctuate widely, depending on the terms of the loan and your credit score. These loans typically have more restrictions, such as a minimum loan amount. Again, this all depends on the RV lender.
• Home Equity Loan. A home equity loan may not be the first thing that comes to mind. If you’re a homeowner, you can get a home equity loan and put it towards your van upfitting. How much you can borrow always depends on your credit and your lender.
• Bank or Credit Union. You can borrow from a bank or credit union to help fund your conversion, but note that big banks are less likely than a credit union to help fund you for a conversion. Shop around to see what types of rates you can get.

Keep in mind that you should clean up your credit report and pay off any outstanding balances if you have less-than-stellar credit to get the best loan rates possible. Shop around, compare offers, and keep applications within 14 days of one another to avoid damage to your credit score.

Learn More About The Ropes of Van Life With Sprinter of Arcadia.

The finance team at Sprinter of Arcadia is here to help answer any questions and to help with van-life financing in Arcadia. You can always apply for financing through us, or we’ll help you find the best Sprinter loan company in the area to make your dream of van dwelling a reality. Get started by contacting us to discuss your options today!