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Loan Help Needed

Posted on 9/4/15 at 8:05 pm
Posted by GeauxTime9
Baton Rouge, La
Member since Dec 2010
6397 posts
Posted on 9/4/15 at 8:05 pm
I'm in the market for a boat and I have an idea of what I want to finance. Looking at buying used and putting down however much to get me to $10k. My question is, will a bank finance any boat? Or does it have to be a certain year and up? I have noticed some say certain years on their sites. Would a personal loan be a better option?

Next question is what are some good lenders for this type of thing? Be sure to let me know if you think there is a better route.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11806 posts
Posted on 9/5/15 at 7:49 am to
I just looked at my credit union's website and they will loan on a 2012-2016 model up to 7 years

LINK

Click the link then click on rates
This post was edited on 9/5/15 at 7:52 am
Posted by SomethingLikeA
Member since Jul 2013
1112 posts
Posted on 9/5/15 at 4:17 pm to
You're looking for a $10k boat loan or are you willing to put down $10k which would be a 5% or 10% down payment?
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 9/6/15 at 2:45 pm to
quote:

You're looking for a $10k boat loan or are you willing to put down $10k which would be a 5% or 10% down payment?


Sounds like he wants to finance $10k and pay for the rest.
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