Best boat loans

cattlejack":3ry2w4fo said:
Anybody have some good advice about obtaining a decent boat loan?
Someplace that has good rates and terms
Easy to deal with

Thanks
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Where are you? (No indication on your profile, etc.)

That makes a great deal of difference in finding a local institution to finance your purchase/loan.

Joe. :teeth :thup
 
I would agree with D.D. on Boat US, they do not finance on the west coast or I would have used them, in 09 we ended up using B of A for the C-Dory. The current Ranger Tug we went through a broker the factory recommended as it was a much bigger loan!

Don
 
The best boat loan is cash. I know, I know. Who can do that? Not me. But it is the best. Seriously, the personal, boating value of our Cdory went way up the day we paid it off. We took out a very short loan, 5 years, and it hurt every time we made that big payment. But, 5 years have gone by quickly and boy do we enjoy being on the water better now that we are boat owners, and not "renting" the boat from the bank.

I'd shop for the shortest term lowest interest you can possibly afford. In our case, it was the CREDIT UNION. The 10 and 12 year loans look real nice relative to buying a more expensive and bigger boat, but that's a lot of great boating money that is going to interest and a painfully long time to pay for a luxury.
 
I second Dr. Bob's recommendation for USAA. We recently received a 10 year, 100% loan on a 1992 Cruiser. The Marine Survey was the key.
 
Where is your location there is no indication of your location in your profile.

That makes a great deal of difference in finding a local institution to finance your purchase/loan. There are many good financial institution locally.
 
lylagriffin":1lqi1n5q said:
Where is your location there is no indication of your location in your profile.

That makes a great deal of difference in finding a local institution to finance your purchase/loan. There are many good financial institution locally.
Click to expand...

:arrow: :arrow: :?: :?: SPAM Alert :!: :!:

Unless you want a loan for a truck :lol: :lol:

Harvey
SleepyC :moon
 
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