Rate Question
 

Looking at an older boat (1992). I was wondering if anyone has any info on current rates?

Here are the specs:

780 credit scores
$42,000 purchase price
15% down
15-20 years
Stock power


Any ideas?

Thanks,

Phil

I don't think you'll get 15-20yrs on a 1992 boat, and why would you anyway? Maybe 10 yrs max.

I agree. Trick is, if I could sell my current boat in the next week or so this would be a different situation. :(

I'm not trying to stretch the term by any means, just trying to ease the payment while I'm still a two boat owner........

Zip Code: 21904
Length, Make, Model of Boat 38 Fountain Sport Cruiser
#engines: 2
Total HP: 770
Top Capable Speed: (unknown, ~ 60 MPH?)
DOB: 11/18/1976
I'm assuming Chesapeake Navigational territory but correct me if I am wrong there. (You are correct)
Driving record: Clean, to..somewhat clean, nothing major recently

Thanks in advance.

HAHAHA OK. I'm an idiot. You said rate and I figured "insurance". lol It just dawned on me that you were talking loans. Well, I did an insurance quote if you want it. Sorry for the misunderstanding. Next time I will take my head out of my arse before I answer! ;) lol :D

100/mo diff between 10 and 15 yrs...35700 advance.

I DO want it actually!

(I inquired via your website earlier today anyway):cool-smiley-011:

PJ,
You can go as long as 15 years for that size loan and rates will be in the mid to upper 7's. Financing $36,000 will put your payment around $340/mo. Let me know if you have any other questions. Thanks,
Kyle