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  #1  
Old 08-08-2013, 11:56 AM
wally hunter wally hunter is offline
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Join Date: Aug 2009
Location: Helenville, Wi
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Default Used Boat financing

Was looking to get a larger glass boat like ranger ,skeeter or warrior, like 2004-2008. Looking to spend around $30,000 to $35,000, if I put $20,000 cash down what kind of rate and term am I looking at? Have excellent credit.
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  #2  
Old 08-08-2013, 02:21 PM
reclending reclending is offline
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Join Date: Jun 2011
Location: Office is in Michigan
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Quote:
Originally Posted by wally hunter View Post
Was looking to get a larger glass boat like ranger ,skeeter or warrior, like 2004-2008. Looking to spend around $30,000 to $35,000, if I put $20,000 cash down what kind of rate and term am I looking at? Have excellent credit.
Thanks for the question. Unfortunately, none of the information we have in the note will determine the rate. The dollar amount sets the term and you should be able to get 120 to 144 for that amount. The most important part, the rate will not be known without looking at a bureau. In the used market, we are seeing anywhere from mid 5% area up to double digits. Where it lands depends on you. If you would like to get a better idea, let me know and we can do a soft pull.
Let us know when you are ready,
Thank you,
Ken
(517) 930-2721 - Cell
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  #3  
Old 08-29-2013, 03:38 PM
ust421 ust421 is offline
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Join Date: Jan 2011
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Check out Affinity Plus credit union. If you have one in your area.

Quote:
Originally Posted by wally hunter View Post
Was looking to get a larger glass boat like ranger ,skeeter or warrior, like 2004-2008. Looking to spend around $30,000 to $35,000, if I put $20,000 cash down what kind of rate and term am I looking at? Have excellent credit.
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  #4  
Old 08-29-2013, 04:44 PM
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zummy zummy is offline
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Have you been to a local bank? I financed $11k through them for my new used boat back in March and their interest rate was 4.5%
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