I don't care if XYZ bank sent me an offer for 5% financing with 10% down on any boat I want......the risk vs. reward isn't worth the gamble. The gamble being I buy a new/used 200K boat (used as in 08-09+) and the value may plummet harder than the payoff leaving me upside down. I can't get that much more "fun" out of the new boat than the boat(s) I already have (one being paid for) and both still under warranty!
The job issue is going to hinder growth for sure. I am self employed and I have hired new employees for less money than what they could have gotten 5 years ago and it is a higher quality employee who is real happy to be working!