Boat is sold...well is it?
#1

I have a deposit but the buyer can't find anyone to finance it.
2004 boat under 55k....seems to be the problem. 5yrs and newer and over 100k seems to be doable these days.
Anyone know of finance companies funding on 6yr old boats that are under 100k??? Help!!!
2004 boat under 55k....seems to be the problem. 5yrs and newer and over 100k seems to be doable these days.
Anyone know of finance companies funding on 6yr old boats that are under 100k??? Help!!!
#2
Platinum Member

Join Date: Jun 2005
Location: Tulsa, Oklahoma / GLOC
My Boat: Sold the Cafe' and boatless for now.....
Posts: 3,376

Check with local Credit Unions. They will usually only do NADA value though but would be worth checking in to. Local bacnks are usually more flexible than the national chain banks.
#3
Registered
Join Date: Mar 2006
Location: Atlantic City, NJ
Posts: 597

Call kyle at trident funding. 6092614446. He can get it done if the score is 700 or higher. 10 tears old and newer. Tell him Andy sent him from Professional Boat sales
#4

Jason Fox
Coastal Financial
1157 South Shore Dr.
Holland, MI 49423
p. 616.494.2628
f. 616.494.2629
Coastal Financial
1157 South Shore Dr.
Holland, MI 49423
p. 616.494.2628
f. 616.494.2629
#5

Sounds more like a credit problem than a boat problem. All of the national lenders will lend on a boat under $100k that is 6yrs old.
#6
Registered
Join Date: Mar 2007
Location: Lake Dallas, TX
My Boat: PQ 260/Laveycreft 29MCOB/ Now Boatless :-(
Posts: 1,087

#7

You are still a happy boat owner.

#8
Registered
Join Date: Oct 2010
Location: Erie,Pa
My Boat: Shopping
Posts: 12

A home equity line of credit sounds like the way to go if you can.
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