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desrtrat256
04-10-2007, 05:40 PM
Is there a company or bank i can go to for financing an older boat. Most banks wont due anything over 10 years old. Where do i go from here. Thanks

RiverToysJas
04-10-2007, 05:42 PM
Save your money, and pay cash. ;)
RTJas :D

Mrs. 20
04-10-2007, 06:36 PM
Have you tried eboat loans? We have used them for years. I don't know whether they do older boats or not.

OCMerrill
04-10-2007, 07:20 PM
Is there a company or bank i can go to for financing an older boat. Most banks wont due anything over 10 years old. Where do i go from here. Thanks
To your credit card company and ask for cash advance checks to use on your account. Spendy intrest...be careful.:idea:
My Citi Card has a cash advance deal going on right now. 22.75%:sqeyes:

desrtrat256
04-10-2007, 07:32 PM
Ya im trying to keep the interest rate down. I could get a personal at 15% but thats still a little too high for me

YeLLowBoaT
04-10-2007, 07:38 PM
I get checks in the mail from my credit card companys for like 5% for atleast 10k. I would think a credit union would be able to help you out with a loan as well.

desrtrat256
04-10-2007, 07:54 PM
Ive called all the credit unions and they wont do it if its more than 10 years old.

Deano
04-10-2007, 08:07 PM
Try essex credit and talk to Melissa. I'm working a deal with her right now. They will finance boats 100 years old.

SandbarScot
04-10-2007, 09:24 PM
If you own your car and have the pink slip, re-fi it and use the cash to buy the boat. I just did that 2 weeks ago. Got a rate about 4% lower than financing the boat.
Its easy to do and you'll have your cash in about a day.:D