Loans for a used boat?

  • like_mike-ike
    Burnsville, Minnesota
    Posts: 75
    #1266944

    What is the best method for going about getting a loan for a used boat from a private seller? The marine dealer I was at had a decent loan term/financing, but the boat sold before I could convince myself that it was a good price for the boat. I see some boats in the same general range through private sellers, but the bank/credit union does not allow for a long enough term to make the payments doable. What have you guys done?

    Brian Klawitter
    Keymaster
    Minnesota/Wisconsin Mississippi River
    Posts: 59944
    #859588

    Bob Bowman on our site here can fix you up.

    I’m sure he’ll post to this in the daylight hours.

    Dave Koonce
    Moderator
    Prairie du Chien Wi.
    Posts: 6946
    #859598

    Bob Bowman all the way !!!

    Shoot him a PM here on the website…He and answer all your questions, then you can make the call

    dandorn
    M.I.N.N.E.S.O.T.A.
    Posts: 3199
    #859611

    Bob at CCFCU is great to work with!!

    He’s out of the office unitl Monday April, 5th

    but feel free to call him and leave him a message

    or talk to his assistant.

    Bob @ CCFCU (763) 549-6402

    john23
    St. Paul, MN
    Posts: 2538
    #859675

    I was just considering financing a used boat. CCFCU sounds like a great place to work with. Their rates and terms are posted right on their website. For boats older than 2003 you will pay a higher interest rate, but Bob said financing them is no problem.

    ScottPugh
    Rogers / Grand Rapids
    Posts: 561
    #859677

    I also suggest getting ahold of Mr. Bowman. In under a year he has saved my wife and & I a ton of $. Truck refinance, home improvement loan for 300+ft of privacy fence and the boat loan.

    Plus he isn’t too bad at catching those toothy critters!

    whiskeyandwater
    ????
    Posts: 2014
    #859683

    Actually.. Bob is out this week… I was dealing with him on an Auto loan!

    But If this is something you want done to dat call and ask for Kellie Dewars she’ll hook you up!

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