We did our financing through Glen Cove Marine on our 1997 382. 10% down, low interest rate. terms up to 15 years for a boat of that age. The only kicker you will have is the person getting the loan will have to have a 720 or better score and a DTI of no more than 40%.

720's are hard to come by...if you dont mind me asking what was your interest rate? I remember when I was looking it was at 6.7% through sterling boat banker.

It was 7.9%. Had to pay a little higher rate because of the year. Also not alot of lenders for powerboats right now. We had trouble because of the age and that the boat did over 60mph. With that said there are still lenders out there. US Bank is actually one.

I had a friend that tried with essex credit and they told him you needed a 680 or higher. He did the online app and it come back declined because his credit was a 714 and the minimum was 720. Watch who you go through. There is a real bate and switch with these lenders. Most of them are brokers and they will run your credit through a ton of lenders bringing your score down and your interest rates higher.