Reply With Quotehmm...new truck, and looking for a new boat..... :idea: what are you into and how do I get in on that...
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???
hmm...new truck, and looking for a new boat..... :idea: what are you into and how do I get in on that...
hmm...new truck, and looking for a new boat..... :idea: what are you into and how do I get in on that...
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?
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.
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.
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.
Yup, Melissa was real nice to deal with, can't recommend her enough. Theboatloanguy here is pretty cool too.
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.
You should probably use at least 6% to 6.5% right now. Closer to 6.5% is more realistic.
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?
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.
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