or by sea
Costco service puts members
behind the wheel or at the helm
By T. Foster Jones
THIS TIME OF YEAR, as the weather begins
to improve, notions of travel and recreation
might creep into your thoughts.
And although a boat or a recreational
vehicle (RV) might seem out of reach, from
speedboat to land yacht, Costco’s newest service has you covered.
Costco has teamed up with Essex Credit
Corporation to offer qualified Costco members discounted loan rates for an RV or boat
purchase or refinance.
“April is a great time to be looking for
boats and RVs,” says Jon Zweig of Costco
Services. “There are many consumer shows
with great deals. The benefit of the Essex program for Costco members just makes it a better value.”
“There has never been a better time to
purchase the boat or RV of your dreams,” says
James Barron, senior vice president of Essex.
“Nationwide inventory is high and interest
rates are competitive. This means that qualified buyers have an opportunity to get exactly
what they want at very reasonable prices.”
Headquartered in Walnut Creek, California,
Essex Credit specializes in the pleasure boating
and RV markets. “Essex Credit Corporation is
one of the leading financial-services firms in
the U.S. to originate marine and recreational
vehicle loans,” says Jon.
The Boat and RV Loan and Refinance
Program offers financing for standard and
custom powerboats and sailboats, high-performance boats, live-aboards, older and
wooden boats, multi-hull boats, and antique
and classic boats.
boat or RV of
Exclusive rates for Costco members
Loans in all 50 states and Puerto Rico
Instant loan credit decision when
members apply online
Financing for new and used RV and
boat purchases, or refinancing of existing loans
No loan processing fees for members
(a savings of $130 for RV loans, $190 for
Low monthly payments
Flexible loan options, including fixed or
adjustable loan rates, extended payment terms,
no payment for 90 days and no money down
Executive Members receive a $100 Costco
Cash card and Gold Star or Business members
receive a $50 Costco Cash card from Essex
Credit four to six weeks after a loan is funded
The minimum loan amount for a boat or
RV is $10,000, and refinance and private-party purchases are welcome.
“We’re confident that Essex can deliver
the value and excellent customer service that
Costco members expect,” says Barron. C
Essex Credit offers RV loans with extended
terms for up to 20 years to Costco members.
The Boat and RV Loan and Refinance Program
offers financing for motor homes, travel trailers, fifth wheels and truck campers.
Essex Credit offers boat loans with
extended terms for up to 30 years to qualified
The new RV and boat financing program
offers the following features:
For details, visit Costco.com and enter
“boat loan 09” in the search box, or call
toll-free 1-866-377-3907. Loan approvals are
subject to program and credit guidelines.
(Costco does not directly make loans, or
sell RVs or boats.)