Boat Financing

djrevkev

Cadet
Joined
Aug 27, 2020
Messages
17
Need some help. Looking to upgrade and finance a bigger used boat. Looking for a 15 to 20 year deal. Can someone give me a finance company that they use or have used in the past. Thank you in advance.
 

Scott Danforth

Grumpy Vintage Moderator still playing with boats
Staff member
Joined
Jul 23, 2011
Messages
47,562
longest I have ever heard of was 15 years, most are 6.
 

briangcc

Commander
Joined
Jul 10, 2012
Messages
2,117
I'm told, and have not confirmed, that once you cross 50k financed, you can do 20yrs.

Mine was on a 15 yr loan....it's now on home equity as the credit union my marina works with is run by 3yr olds. I'm much happier that way and can pay it on my terms. Interest rate is better too.
 
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