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Best boat loan rate?

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Old 12-18-2013 | 05:40 PM
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From: snow?
Cool Best boat loan rate?

Looking for boat loan in Michigan. Anyone see better than 6.5/10 years 6.75/15 years?? Thanks for the input, KS.
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Old 12-18-2013 | 06:15 PM
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Yes in Oklahoma here I got 3.9 two months ago. Shop around
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Old 12-18-2013 | 06:38 PM
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Essex offers 4%
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Old 12-18-2013 | 06:55 PM
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Originally Posted by Eliminatorshane
Yes in Oklahoma here I got 3.9 two months ago. Shop around
I got the same rate from an Oklahoma institution myself.

Buck
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Old 12-18-2013 | 06:59 PM
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Local credit union I got 2.99 for 6 years dupage credit union

Lightstream I got 5.25 unsecured for 7 years. It's a national company.
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Old 12-18-2013 | 06:59 PM
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Mcmachen Marine in Harrison Twp Mi was doing 3.99 all summer.
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Old 12-18-2013 | 07:11 PM
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Wow, that is a lot better than my local credit unions, Essex looks pretty good. Thanks
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Old 12-18-2013 | 07:38 PM
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I went through Essex. They want more downstroke for a performance boat but I didn't care since I didn't need much money from them.

Costco member waves the fees. Was VERY easy....I read others had issues but none from my deal. My credit score was 850 though, unsure if it played a role.
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Old 12-18-2013 | 07:40 PM
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Got %3 at local credit union!

Half of nada value down so they looked at it as low risk... Had to smooth over the president since boat was 13 years old. I was lucky her son had a few baja threw the years.... She said if it says Donzi on the front if it... It's worth what they say it is.

Last edited by mptrimshop; 12-18-2013 at 07:43 PM.
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Old 12-18-2013 | 07:55 PM
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Boat in question is 8 years old, 35-40 percent down, excellent credit.
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