The cost of purchasing an RV can be steep, ranging from $10,000 to $1 million. If you decide to buy, consider buying used to ...

Experian’s quarterly State of the Automotive Finance Market report found that the average monthly car payment for new cars is $742, while used cars had a slightly lower payment of $525.

However, he generally cautions against using a HELOC for something that isn't going to produce a return, such as a boat or RV. "Essentially ... to pay for that monthly payment," Teifke says.