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First time boat buyer... Financing questions...

Old 01-14-2008, 08:47 AM
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Originally Posted by JetJock
Loan Ranger!

I think you will earn my business. I was reading that many banks will not loan on a 20+ boat. I am looking for a 1987ish Wellcraft Scarab 38 KV. I have some 401K B+C Retirement and savings to dip into to pay cash but if the terms were right I will borrow.


So if Credit is good, plenty of good Credit history could I get a 60K loan for 15 years?

Many thanks in advance!

Randy
[email protected]
Yes, 15 years on $60,000 for a 1987 should not be a problem. Give me a call to discuss what engines it has. Thanks.
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