PDA

View Full Version : Boat Loans????



cdog
11-14-2005, 10:16 AM
How much is the payment on a $150,000 boat with 10% down. What kind of loans do they offer? 15 year- 20 year? I know there is a boat loan guy here somewhere???

NOTALENT
11-14-2005, 10:19 AM
hmm...new truck, and looking for a new boat..... :idea: what are you into and how do I get in on that... :D

cdog
11-14-2005, 10:24 AM
hmm...new truck, and looking for a new boat..... :idea: what are you into and how do I get in on that... :D
I rode along with Greg rice on his 34 sat. and had a great time. Thanks again Greg. Mabey a 35 Cig in my future......I think I got the little lady talked into the deal. Anyone want a 29 Shockwave?

Jordy
11-14-2005, 10:51 AM
Talk to Melissa at Essex Credit. She took care of me and a bunch of others on here. Her number is 866-377-3948 ext 7204.
Give me a minute and I'll figure out your payments. Off the top of my head you're going to be around $900 or so. Oh, and you should be able to pick up an older 35' Cig (Cafe Racer) for under $100K in great shape.

Phat Matt
11-14-2005, 10:54 AM
How much is the payment on a $150,000 boat with 10% down. What kind of loans do they offer? 15 year- 20 year? I know there is a boat loan guy here somewhere???
$135k over 20 years @ 7% is $1046.65 a month. That is not including tax.
Call Melissa at Essex Credit.

Jordy
11-14-2005, 10:58 AM
OK, $150K less 10% would be $135K by my math.
5% interest (ballpark, possibly low depending on amount and terms) would be:
15 years: $1067.57
20 years: $890.94 (my $900 guess was pretty good huh??)
25 years: $789.20
30 years: $724.71
50 years: $613.09
75 years: $576.16
100 years: $566.36
200 years: $562.53
500 years: $562.50
Hope that helps. :D :D :D

Jyruiz
11-14-2005, 10:59 AM
Yup, Melissa was real nice to deal with, can't recommend her enough. Theboatloanguy here is pretty cool too.

Magic34
11-14-2005, 11:02 AM
OK, $150K less 10% would be $135K by my math.
5% interest (ballpark, possibly low depending on amount and terms) would be:
15 years: $1067.57
20 years: $890.94 (my $900 guess was pretty good huh??)
25 years: $789.20
30 years: $724.71
50 years: $613.09
75 years: $576.16
100 years: $566.36
200 years: $562.53
500 years: $562.50
Hope that helps. :D :D :D
You should probably use at least 6% to 6.5% right now. Closer to 6.5% is more realistic.

cdog
11-14-2005, 11:06 AM
Intresting. Thanks ya'll. I need something with a cabin and head for tax's. Plus the first year of the step is 2001. That's probably what i'll get. Does Cig make a 35 with a cabin and without the playboy shit paint job on it?

Just Tool'n
11-14-2005, 11:07 AM
So the real question here is, are higher intrest rate going to slow down new boat sales, or is it going to go back to more smaller affordable boats?
20-25ft, instead of the 27-35ft range.
What are everyones opinions & thoughts.

Jordy
11-14-2005, 11:07 AM
6.5% interest (revised):
15 years: $1175.99
20 years: $1006.52
25 years: $911.53
30 years: $853.29
50 years: $761.02
75 years: $736.95
100 years: $732.37
200 years: $731.25
500 years: $731.25

Jordy
11-14-2005, 11:09 AM
Does Cig make a 35 with a cabin and without the playboy shit paint job on it?
Yes they do. Check out the classifieds on OSO. Lots to choose from in the Cig department. ;)
Or for that kind of jingle, Barry should be able to hook ya up with a brand new Shockwave in the 34' size range. ;)

cdog
11-14-2005, 11:10 AM
So the real question here is, are higher intrest rate going to slow down new boat sales, or is it going to go back to more smaller affordable boats?
20-25ft, instead of the 27-35ft range.
What are everyones opinions & thoughts.
Ya that's what i'm thinking. Who knows. Production costs may go up due to petro chemicals up 30-40%. Who knows. They can only sell what peeps are willing to pay. I'm buyin used next time.

cdog
11-14-2005, 11:12 AM
Or for that kind of jingle, Barry should be able to hook ya up with a brand new Shockwave in the 34' size range. ;)
:rollside: :rollside: :rollside: :rollside: Barry's a great guy and a true friend. But I don't think he does magic.

cdog
11-14-2005, 11:16 AM
[QUOTE=Jordy]Yes they do. Check out the classifieds on OSO. Lots to choose from in the Cig department. ;)
I've been eye'in that 35 playboy for almost for a year now. I'd have to paint the damm thing or fill in the playboy part. My wife would shit bricks.

Quality Time
11-14-2005, 11:30 AM
I rode along with Greg rice on his 34 sat. and had a great time.
Hey cdog,
Nice meeting you at the wash rack on Saturday.

cdog
11-14-2005, 11:42 AM
Hey cdog,
Nice meeting you at the wash rack on Saturday.
Likewise. Glad we had a chance to meet. You have a real nice rig. Truck & Boat. Looking forward to next time.

Steamin' Rice
11-14-2005, 01:01 PM
Cdog - here is your boat. It's for sale at Lake Cumberland Marine and looks nice from the pictures. They might take your 29 in on trade... :D :D
http://www.offshoreonly.com/esvon/page-7291.html

cdog
11-14-2005, 01:47 PM
Cdog - here is your boat. It's for sale at Lake Cumberland Marine and looks nice from the pictures. They might take your 29 in on trade... :D :D
http://www.offshoreonly.com/esvon/page-7291.html
O'Boy. That's enough to make a grown man cry. I'm motivated. I just got back form passing out postcards. But no price means too much$$$. :cry:

shockwavebd
11-14-2005, 02:09 PM
I rode along with Greg rice on his 34 sat. and had a great time. Thanks again Greg. Mabey a 35 Cig in my future......I think I got the little lady talked into the deal. Anyone want a 29 Shockwave?
Cory go 39 .......get it over with..................... :cool:

shockwavebd
11-14-2005, 02:16 PM
:rollside: :rollside: :rollside: :rollside: Barry's a great guy and a true friend. But I don't think he does magic.
Oh yes I can........................ :cool: give me a call if you guys want a to tag along over the long weekend........we are going out everyday except thursday

RP1
11-14-2005, 02:19 PM
$135k over 20 years @ 7% is $1046.65 a month. That is not including tax.
Call Melissa at Essex Credit.
7%... you should look around for better rates than that.

Steamin' Rice
11-14-2005, 02:37 PM
Oh yes I can........................ :cool:
Barry is a bad guy... :cool:

cdog
11-14-2005, 02:47 PM
Cory go 39 .......get it over with..................... :cool:
You're boat looks bitchen. Nice job.

slink
11-14-2005, 02:53 PM
Barry is a bad guy... :cool:
Rumor in town is he likes young boys........... :eek: Of course I think I can clear up these rumors with one simple ride on "Bad Voodoo" :yuk:

Phat Matt
11-14-2005, 03:19 PM
7%... you should look around for better rates than that.
It was just a guess to help the guy out with his figures.