Like Tree0Likes

Boat Loans?????? !!!!!!

Reply
Old 03-03-2009, 11:48 AM
  #21
Registered
 
Join Date: Oct 2006
Location: Michigan
My Boats: 2004 25 Outlaw SST
Posts: 1,449
Default

Try Essex Credit. And if your are a member of Costco or can become a member thay have some better incentives.
Baja_man is offline  
Reply With Quote
Old 03-03-2009, 12:25 PM
  #22
Registered
Trade Score: (1)
 
Join Date: Jul 2003
Location: Michigan
My Boats: 29 PHANTOM 36 SKATER 38 POWERQUEST
Posts: 3,193
Default

Same is happening at car dealerships. My office manager is plenty qualified and a return customer to a GM dealership for many years. She just came in last week upset as she was turned down for a loan yet NOTHING had changed in her life, only the credit market has changed.

Now driving an import....go figure.
fantastixvoyage is offline  
Reply With Quote
Old 03-03-2009, 07:05 PM
  #23
Registered
 
rlj676's Avatar
 
Join Date: Jan 2006
Location: Royal Oak, MI
My Boats: 28 Powerplay - HP500
Posts: 1,820
Default

Quote:
Originally Posted by fantastixvoyage View Post
Same is happening at car dealerships. My office manager is plenty qualified and a return customer to a GM dealership for many years. She just came in last week upset as she was turned down for a loan yet NOTHING had changed in her life, only the credit market has changed.

Now driving an import....go figure.
She realizes this is Detroit, right?

WMF, there are credit unions out there doing 10% down, 15 years and they don't care if it's a performance boat. You just have to do a lot of legwork to find the right one.

Most all the CU's I see around here have sub-5% financing if you buy a domestic.

I think all the people getting denied either have crap credit, or are being "lazy" and expecting the dealer to have all the options lined up. I think the dealer should, but there are tons of CU options out there for those with good credit.
rlj676 is offline  
Reply With Quote
Old 03-03-2009, 09:09 PM
  #24
Charter Member #1055/Moderator
Charter Member
Trade Score: (1)
 
GO4BROKE's Avatar
 
Join Date: Feb 2001
Location: CNY
My Boats: Sonic 386
Posts: 4,579
Default

Lending at my dealership has been normal. Marginal credit doesn't get bought anymore, but if you have good credit a loan isn't a problem.
__________________
[img][/img]
GO4BROKE is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
chewy1955
Cigarette
6
08-09-2005 01:06 PM
impulsive
General Boating Discussion
13
02-06-2004 03:10 PM
riski bidness
General Boating Discussion
4
02-04-2004 04:48 PM
Eric1969
Mid Atlantic US
3
04-11-2002 10:04 AM
Eric1969
General Boating Discussion
4
04-09-2002 07:37 PM



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 11:52 AM.


Copyright 2011 OffShoreOnly. All rights reserved.