HELP finance on non NADA boat
#1
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Joined: Aug 2006
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From: Lapeer, MI
HELP before i cry and give up on boats.
So i refuse to buy a normal brand of boat.... But that comes with a big problem.... NO NADA.
I have beat up my local credit union and they say no NADA no loan.
Boat im looking at is 02 Activator. I have a good chunk of change to put down on it.
Im willing to get a survey which will put a value on the boat.
Cost in power is 25k boat selling price is close to that.
Your my last shot guys/gals
Thanks Kyle
So i refuse to buy a normal brand of boat.... But that comes with a big problem.... NO NADA.
I have beat up my local credit union and they say no NADA no loan.
Boat im looking at is 02 Activator. I have a good chunk of change to put down on it.
Im willing to get a survey which will put a value on the boat.
Cost in power is 25k boat selling price is close to that.
Your my last shot guys/gals
Thanks Kyle
#3
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From: Lapeer, MI
#4
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Joined: Jul 2007
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From: Oneida Lake NY
Key Bank is doing perfromance boat loans again.
Have you tried contacting NADA and just having them go back 3 more years and list the boat? The have activators from 2005 and up, how hard could it be? They basically make the values up any way!
Have you tried contacting NADA and just having them go back 3 more years and list the boat? The have activators from 2005 and up, how hard could it be? They basically make the values up any way!
#5
HP Marine Ins. Specialist
Joined: Mar 2008
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From: Insuring any kind of boat
I know you said that you can't find the boat listed on NADA as a 2002. What are the first three letters of the hull ID number on the boat you are trying to buy?
According to the US Coast Guard MIC database ACT was assigned to Activator Boats in 2005 when they officially went into business. Prior to 2005 the boats were under ALPHA YACHT (HYY).
According to the US Coast Guard MIC database ACT was assigned to Activator Boats in 2005 when they officially went into business. Prior to 2005 the boats were under ALPHA YACHT (HYY).
#8
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From: Lapeer, MI




j/k