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best financing & best rates??? what's your .02

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Old 01-29-2002, 03:20 PM
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Post best financing & best rates??? what's your .02

I know there is a financial link here, but your personal experience with your finance co's is very revealing.
What are the best current rates for over $50K?
Best bank or institution to deal with?
Let's hear it guys & Gals !!
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Old 01-29-2002, 05:09 PM
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Check out EssexCredit.com, they're known for brokering excellent rates/terms...

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Old 01-29-2002, 06:16 PM
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I will check them out also ! Thanks...

Best rates found-
Intercoastal 7.99% 15 yrs 15% dwn

Coastal-7.02% 15 yrs. 15% dwn or 85% of appraised surveyed value

Excel 7.25/7.5% 15yrs also require survey.

Where did all the 6% money go!! To heck with this "boats are not essentials" !! they ARE required for life to exist !

Any more info OSO??? not many links on the board, so.....
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Old 01-29-2002, 06:28 PM
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1st Commercial
http://www.boatfinance.com/

The BEST!
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Old 01-29-2002, 10:12 PM
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30 days ago - 5th/3rd in Ohio 6.75%
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Old 01-29-2002, 10:16 PM
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If you have enough equity in your house, go for a home equity line of credit (not a home equity "loan"). I found one at 4.49% through June, then switching to prime rate plus 0% after that. Plus, no matter what boat you buy, the interest is tax-deductible because you are using your house as equity. Pay it off as fast or as slow as you want - all you HAVE to pay each month is the interest. Cool deal?
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Old 01-29-2002, 10:17 PM
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bank of america 7% 10% down
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