Financing
Work out the payment first
Marine lending isn't a car loan. Terms run long and rates move with the market. How the loan is set up can decide which boat you end up with.
Payment estimator
Roughly what it looks like
This is an estimate only. It is worked out in your browser and nothing is sent anywhere, and it leaves out tax, title, registration and any insurance the lender requires. Your rate depends on credit, the boat's age and the amount financed. A quote from the lender is the number that counts.
How it works
Three steps
- Tell us the boat and the budget. We'll be honest about what's realistic before anybody runs credit.
- We put it in front of marine lenders. They lend on boats every day. A local bank will often treat a 32-foot Pursuit like a jet ski.
- You get terms in writing. Rate, term, payment and what they need from you. No surprises at signing.
What helps your case
A decent down payment, a clean credit file, and a boat the lender can put a value on. The 4 brands we carry hold their value, which helps here too. Trades count toward the down payment. If you would rather sell the boat you have first, here is how we buy, broker and trade boats.
Know what you want? Apply online
This is the same secure credit application our desk uses. It takes about 10 minutes and goes to the marine lenders we work with every day. You enter your Social Security number on the lender's secured application only, never on our site.
Questions
Financing questions we get every week
Can I apply online?
Our desk's own secure credit application is online and takes about 10 minutes. You enter your Social Security number on the lender's secured application only, never on our site.
Can my trade count as the down payment?
Trades count toward the down payment. Get a trade value first and you will know how far it goes.
What helps an approval?
A decent down payment, a clean credit file, and a boat the lender can put a value on. The 4 brands we carry hold their value, which helps.
What do I see before signing?
You see the rate, term, payment and what the lender needs from you in writing before anything is signed. There are no surprises at the desk.
Get set up
Tell us what you're working with
Send this over and we will tell you what is achievable, including whether waiting a season or changing the down payment would get you into a better boat.
Rather talk it through?
(302) 436-1737