Financing an older boat
#11
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Location: Traverse City MI
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Re: Financing an older boat
I just bought a 92 Outlaw, and went through my local credit union. Got a great rate, and went very smooth. I would try checking in to that if you have a local credit union you belong to.
#12
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Re: Financing an older boat
If you go with a longer term to keep payments down, you can always pay xtra$, and that will go directly to the principle. You will have a higher rate because of the age of the collateral and the smallish borrowed amount.
Hugh
Hugh
#14
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Location: Mason, Ohio
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Re: Financing an older boat
Thanks for all the info. sounds like I need to do a little more homework, payoff could be a much better interest rate.
again thanks for everyones input
Speed
again thanks for everyones input
Speed