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Started By
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re: Boat Loan
Posted on 7/7/14 at 8:14 am to C
Posted on 7/7/14 at 8:14 am to C
quote:
With good credit and other assets at hand, I'm sure your bank will loan you money as long as it's not grossly above what you can afford.
The boat is 20k. I have that in savings but don't want to use that for a boat. Trying to be responsible with my money. I have 12k in hand now saved up for this but was going to finance the rest. I know there is tax title and licence to add as well. Im just trying to see what the best options for me.
This post was edited on 7/7/14 at 8:17 am
3
Posted on 7/7/14 at 8:17 am to 4WHLN
quote:How old is the motor?
The boat is 20k.
Posted on 7/7/14 at 8:31 am to 4WHLN
quote:
The boat is 20k. I have that in savings but don't want to use that for a boat. Trying to be responsible with my money. I have 12k in hand now saved up for this but was going to finance the rest. I know there is tax title and licence to add as well. Im just trying to see what the best options for me.
Save the 20K then buy the boat. Why do you want to go into debt for 8K?
Posted on 7/7/14 at 9:02 am to 4WHLN
Post the make model and year of the boat and I'll tell you if this is a good idea.
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