Best boat loan rates

General Boats and Motors
1

Who’s got the best rates right now?
SC Federal around 5.24%
SC State Bank 4.25%

Anyone know of better options?

2014 Key West 203DFS

2

Check the credit unions as well.

Fishing Nerd

“skilled labor isn’t cheap, cheap labor isn’t skilled”

3

I just got a loan from SC Federal Credit Union for 3.49% even though they had 4.49% advertised for new boat loans.

4

navy federal credit and south state are both usually good

www.teamcharlestonmarine.com
www.bombislandboats.com
IF I RESPOND IN ALL CAPS, ITS NOT ON PURPOSE, AND I AM NOT YELLING

5
quote:
Originally posted by bonecrusher

Who’s got the best rates right now?
SC Federal around 5.24%
SC State Bank 4.25%

Anyone know of better options?

2014 Key West 203DFS

cash ?

6
quote:
Originally posted by P-K
quote:
Originally posted by bonecrusher

Who’s got the best rates right now?
SC Federal around 5.24%
SC State Bank 4.25%

Anyone know of better options?

2014 Key West 203DFS

cash ?

Cash is an option, but it you believe the bull market still have room to run (which I do), then I’d rather rent money at 4+% if I can make 15+% in the market with that money.

2014 Key West 203DFS

7

I just believe boats, other toys and extravagances should be paid for with cash.

8

Everything I have is paid for but I always have something financed just to keep my history of credit going.

9

hey pk. maybe everybody is not as fortunate as you and cannot put out 25-50k cash. just sayin. however ; your opinion is noted just not the opinion of the most of us i would suspect.

10
quote:
Originally posted by COOLBREEZE

hey pk. maybe everybody is not as fortunate as you and cannot put out 25-50k cash. just sayin. however ; your opinion is noted just not the opinion of the most of us i would suspect.

CB Didnt mean to offend. but please dont confuse fortune for hard work and conscious priority setting.

11

Well said PK!

12
quote:
Originally posted by boatpoor

Well said PK!

Missed this by a gnats rectum:

http://www.boattrader.com/listing/1969-bertram-mk-ii-moppie-103235936/?refSource=standard%20listing

And since you r using spell check:

https://forums.bateau2.com/viewtopic.php?f=10&t=59473&start=560

Hard work and conscious priority setting!!!

13

Essex Credit is really good if you want longer terms

14

Neika Garan | RV/Marine Loan Consultant | Essex Credit Division
NMLS # 565685
12677 Alcosta Blvd., Suite 400 | San Ramon, CA 94583
ƒu Work: 925.843.3105| TTY/TDD: 1.800.659.5495| ƒ¢ Fax: 402.918.7618
ƒx ngaran@essexcredit.com| Mail Code: NC-B15-4J-A

Visit us online at www.essexcredit.com

15

Has anyone taken a loan from a credit union recently? Best I’m seeing from National lenders is around 6%. Looking at 20k w/ excellent credit.

16

HELOC and deduct the interest?

“Apathy is the Glove into Which Evil Slips It’s Hand”, but really, who cares?

17

I’ve never felt comfortable with Heloc. Just doesn’t sit right with me. I’d rather keep toys and my dwelling separate

18

If eligible, you may be able to get a rate around 5% with USAA depending on loan amount and term. I’ve used them for two boats and always beat most other lenders I could find.

19
quote:
Originally posted by P-K
quote:
Originally posted by COOLBREEZE

hey pk. maybe everybody is not as fortunate as you and cannot put out 25-50k cash. just sayin. however ; your opinion is noted just not the opinion of the most of us i would suspect.

CB Didnt mean to offend. but please dont confuse fortune for hard work and conscious priority setting.

Our political views may be different, but I’m in total agreeance with this one. Never once financed a boat or any play toy. I hear all the time “it’s the American way to be in debt” and many other things close to this. It’s not my American way.

20

HERE HERE Fred! I’m with you here!