How do you go about getting a loan to buy a boat from a private seller? Every bank I call will only go 3-4 years on a 2002. That makes the payments way too high for me.
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Boat loan question
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ted-merdanPosts: 1036June 14, 2010 at 2:40 pm #879722
Contact member Bob Bowman from the website here – financed my boat through him and it could not have gone any smoother!!!
-ted
June 14, 2010 at 2:59 pm #879739Quote:
Contact member Bob Bowman from the website here – financed my boat through him and it could not have gone any smoother!!!
-ted
Only way to go…
targamanInactiveWilton, WIPosts: 2759June 14, 2010 at 3:54 pm #879777I’m saving up enough to put half of the price of the rig down, therefore I will not have to worry about a big payment. Only way to go if you ask me. Extended loan terms like ten years are not a wise decision.
June 14, 2010 at 4:01 pm #879782Just a thought, I financed my last boat with a loan against my truck. The truck was paid for and the bank game me a MUCH better rate against the truck and I could go longer term than borrowing against the used boat. I suppose you could always think home equity too but it helps to have a good banker to have some “creative finance” conversations with.
Good luck.
DaveJune 14, 2010 at 4:27 pm #879797Quote:
Contact member Bob Bowman from the website here – financed my boat through him and it could not have gone any smoother!!!
-ted
I can’t recommend Bob enough either. He is my go to guy for all things financing. As a matter of fact, I just left his office. I think he needs something to work on this afternoon.
June 14, 2010 at 4:44 pm #879807Quote:
Quote:
Contact member Bob Bowman from the website here – financed my boat through him and it could not have gone any smoother!!!
-ted
Only way to go…
x3
June 14, 2010 at 5:49 pm #879843Quote:
Contact member Bob Bowman from the website here – financed my boat through him and it could not have gone any smoother!!!
-ted
X 2!
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