Rates on Boats

[QWKRN U]

Whats the current rates these days on used boats? :mrgreen:

[SSNLO]

I will drop you a line tomorrow from the office....

Thanks

[SeaLegs]

We just closed about 3 weeks back with Essex for 7.44 at 15 yrs.

[BrettM]

Closing on a high end big V this week at 7.49 for 20. (I am the seller, not the buyer:( )

[danmuths51]

Closing on a high end big V this week at 7.49 for 20. (I am the seller, not the buyer:( )
Is that "A+" credit Brett? Not that i'm ready to buy but getting my ducks in a row.:mrgreen: If not whats best case scenario?

[BrettM]

That was 750 or better FICO, 20% down.

[QWKRN U]

Good to see there is still money available. Wasn't sure if anything was actually selling or not.

[SSNLO]

7.09 on 12 yr and 7.19 on 15 yr 700 or better, 670 to 699 8.15 12 yr and 8.65 15 yr

as of today 7-21-09

with you being in St. Charles County i can probably beat them up a little if you open a savings acct at the Credit Union.

[36Tango]

Whats the current rates these days on used boats? :mrgreen:

What cha lookin at?

[QWKRN U]

7.09 on 12 yr and 7.19 on 15 yr 700 or better, 670 to 699 8.15 12 yr and 8.65 15 yr

as of today 7-21-09

with you being in St. Charles County i can probably beat them up a little if you open a savings acct at the Credit Union.

It was more a question for someone inquiring about my boat and I was just curious if there were loans available for them. But if the rates get low enough with me opening an account.... I could be persuaded to refi.:mrgreen:

[rweber81]

No loans for us people under 670[smilie=106.gif] ?

[Dr. Jeff]

No loans for us people under 670[smilie=106.gif] ?

I'm guessing if you send Mrs. Weber in to do the paper work, someone will be willing to fudge on the rules a little! :mrgreen: [smilie=appl]

[csheldon]

I'm guessing if you send Mrs. Weber in to do the paper work, someone will be willing to fudge on the rules a little! :mrgreen: [smilie=appl]


Along with that tell the loan officer that you will send him weekly pics during boating season.




Has anyone looked at Credit Unions. A few weeks ago when I was still in the car business we had good luck with them.

[SSNLO]

No loans for us people under 670[smilie=106.gif] ?


havent found any yet......thats why I keep driving everyone else's.....:mrgreen: and yes i believe Mrs. Weber could get about anything she wanted with the flash of a smile...[smilie=trink39]

[rweber81]

Maybe some of you with money could loan me the money at a nice interest rate :mrgreen:

[chromecat]

can you do anything in the 20 year range.

Don

[SSNLO]

I currently do not have any that are competitive.....meaning the rate I can get on 15 yr beats the payment on 20...

[SeaRay31SS]

I currently do not have any that are competitive.....meaning the rate I can get on 15 yr beats the payment on 20...

Is this Nick or Tammy?

[SSNLO]

yes

[senglert]

Just closed on my 09 Rinker 300 last week - 5 years at 4.25% (through my credit union). It was 4.25 up to 74 mos, and then went to 5.25 through 15 years. Again, don't get too excited, that was my credit union and an 800+ credit score.

[QWKRN U]

Find a buyer and get em approved on my boat so I can get it sold and get the next one.

[huskerfan4life]

Best to try to do a HELOC (Home Equity Line of Credit) if possible....Going rate 5% right now....Interest is deductable.....Min. payment 1.5% / Month

[oknozelman]

Home line I like it. :mrgreen:

[cabin fever]

6.75% with 765 score at my C.union. Now I just need to find the right boat. [smilie=trink39]

[CaughtREDhanded]

I also have piss poor credit from when I was younger. I have to pay cash for everything and I hate it. I would have bought a newer boat if I could have gotten financed somewhere. Oh well I am sure I will love my Donzi.

[speedfreek1]

I also have piss poor credit from when I was younger. I have to pay cash for everything and I hate it. I would have bought a newer boat if I could have gotten financed somewhere. Oh well I am sure I will love my Donzi.

your credit should clean its self every seven years , if you have old stuff on there , Dispute it and they will remove it ...

[Scuba]

Take a peek at Essex Credit

[05gtxsc]

whats the current rates these days on used boats? :mrgreen:

...... Ty