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View Full Version : Interest Rates on a new boat?



eman1625
09-27-2005, 03:49 PM
just wondering if anybody has made new purchase lately and what kind of rates are out there. I'm looking at the Cobra 26 razor or 25 shockwave. I've been looking online and seen rates around 7-7.5% Credit scores are in 700s and putting 10% down.

rvrtoy
09-27-2005, 03:53 PM
Those rates seem about right. Good luck with your new boat. :)

Mrs. Restless22
09-27-2005, 04:03 PM
We just got 6.5%
BofA :)

Cole
09-27-2005, 04:08 PM
What kind of down payments are you putting down to get those rates???

Mrs. Restless22
09-27-2005, 04:12 PM
What kind of down payments are you putting down to get those rates???
20% but that wasnt it....
It was our credit scores.
They quoted us 7.25% then gave us 6.5% after running credit.
I can give you a name at BofA
They've been great

Mrs. Restless22
09-27-2005, 04:17 PM
Same here, except insert eboatloans.com instead of BofA. BofA actually turned us down, I came to find out after receiving a notice.
Why did they turn you down? WTF?
But Eboatloans is good too. We used them before.

Lightning
09-27-2005, 04:23 PM
20% but that wasnt it....
It was our credit scores.
They quoted us 7.25% then gave us 6.5% after running credit.
I can give you a name at BofA
They've been great
More importantly, what are you getting ? ? ?

IN2MX
09-27-2005, 04:24 PM
What did you guys get........ :)
I know, I know, but im not tellin.....neener neener neener

IN2MX
09-27-2005, 04:25 PM
Try Essex...the service is great and the rates are good too......Check em out!

HM
09-27-2005, 04:36 PM
For some reason, BofA turns us down for everything.
Because it was BofA, not BofM. :D

NashvilleBound
09-27-2005, 04:49 PM
People loan money on boats? :D :D :idea:

NashvilleBound
09-27-2005, 04:59 PM
Not to people from Nashville. :D
You know some of us small ballers want more than a rowboat too. :D
LOL.... :rolleyes: :rolleyes: :notam: