Wildman_grafix

Who is that through, 6% would be great and at that rate I could reduce the years.

Same for you Baja,

If you guys don't mind.

eddie

iTrader: (7)

Mine is with Commerce Bank in KC, Missouri. 1-800-440-9827 went thru a Fountain dealer at the lake, not sure if they had any pull or not.

Baja_342

Mine is a 15 yr through Us bank.

Wildman_grafix

Thanks I'll get a hold of them next week and see.

ElimiNordic

I see all you v-hull guys have finance deals. Is it just cats they do not want to loan on? Are being discriminated against?

Wildman_grafix

Not sure about the loan part for a cat but you are being discriminated against when it comes to insurance.

Baja_342

If I remember correctly US Bank would do up to 15 yrs and 90% of NADA. Can be tricky. Some loan depertments will not take trailers, options and engine upgrades into account. I put almost 40% down and had to have it documented. I've also had 4 boat loans with them over the last 12 years. I think that helps me too. I went with 15 yr because I know I will not keep it that long and rates weren't but 1% better for a 5 yr term.

Dan,
there is quite a difference between my "cruiser" and your rocket.

thirdchildhood

iTrader: (6)

My bank doesn't do boat loans anymore. A couple of years ago I could get anything I wanted on my good credit and signature. Those days are gone.

Baja_342

Yep. Few do anymore. I design and install computer networks for banks that are too small to have their own IT department. Savings and loan, family operations. Of the 120 plus clients I have in 19 states, none will do a boat loan. Larger regional or even national banks wont loan on anything older than a few years. Which doesn't make a ton of sense to me. Once newer boats take a large depreciation hit they level off for a long time.