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re: trying to get a loan for a used boat... educate me on options....

Posted on 4/12/16 at 2:52 pm to
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 4/12/16 at 2:52 pm to
I dont know who you bank with but I have private client with chase and I added a 55 footer last year and they did 2.49% on a used boat for me. I dont know if its bc it was nearly new only 70 hours, but still gave me 2.49% with 20% down.
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55462 posts
Posted on 4/12/16 at 3:06 pm to
quote:

55 footer last year



This is why
Posted by baldona
Florida
Member since Feb 2016
20539 posts
Posted on 4/13/16 at 12:51 pm to
quote:

I dont know who you bank with but I have private client with chase and I added a 55 footer last year and they did 2.49% on a used boat for me. I dont know if its bc it was nearly new only 70 hours, but still gave me 2.49% with 20% down.


Subtle brag...

I'd be happy with something in the 4s. How much are you looking to loan? For how long? As said, you may be able to get an unsecured personal line of credit or something along those lines if you have excellent credit.
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