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Thread: Boat Financing?

  1. #1
    Speedin' Ian
    So I think I will be getting a different boat, who has the best financing? Not sure if I will be buying new or used, but it would be nice to be preapproved.

  2. #2
    dicudmore
    Melissa
    Marine Finance Specialist
    Essex Credit Corporation ~newport Beach, Ca
    866-377-3948 Ext.7204

  3. #3
    Brian Ray
    I think rates have gone up a little...Melissa was quoting 7.5% fixed for 15yrs. if your credit's good. That was a few weeks ago.....

  4. #4
    Roxysnow
    Damn! Rates have gone up over 2% on the 15yr! :squiggle: Better do it quick! But Melissa is awsome!

  5. #5
    Blacksheep
    Yep... Both boat and auto loans are going up. I was shocked this morning when I checked for rates for a new vehicle. They are all going up and rather quickly.

  6. #6
    Speedin' Ian
    Well as soon as I get her number I will give her a call

  7. #7
    Brian Ray
    Yeah, just a few years ago 5.5% was not uncommon on 15yrs.
    My credit union is offering 4.2% 100% financing but will only go 84 months....I'm leaning this way even though the monthly payment would be $150 more a month but I would save $17K over the life of the loan going with the 84 month CU offer.

  8. #8
    Jrocket
    Melissa
    Marine Finance Specialist
    Essex Credit Corporation ~newport Beach, Ca
    866-377-3948 Ext.7204
    Yep,just amazing!

  9. #9
    Totally IncapASSitated
    What's financing???!!!...I thought everyone paid cash!!!! :messedup:

  10. #10
    dicudmore
    Well as soon as I get her number I will give her a call
    Melissa
    Marine Finance Specialist
    Essex Credit Corporation ~newport Beach, Ca
    866-377-3948 Ext.7204
    that #??

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