Who do most of you finance your boats through?

My current boat is through Bank of America but I’m wondering if there are other financial institutions that specialize in used boats.

What are typical interest rates and required down payments?

I’m at 5.25% on my Baja purchased new. Are used rates higher?

I just refinanced my '99 through KeyBank today for 5.75% (15 year)

5.25 is a great rate.

That is a-1 bottom line right now for most.

key bank is the way to go

Best rate in the country that I know of is 4.35% fixed, 75K+, 20 yrs., '99 or newer. Bank of the West. I'm with them now, and hopefully will be again shortly.

Any contact info?

5.6% on 2001, $60,000 with 10% down. KeyBank very fast and friendly.

Dunno if they direct lend or not at those rates...4.35% on a deal run through a dealer.

That's a killer rate. Guess I'll do an Internet search to contact them. Will also try Key bank.

I'm spoiled now that I got my truck at 0%. I wish the boat builders could finance like the car guys!

Only if the dealer has bought the rate down, that isn't a broker rate available through Key.