There is a large difference between asking price and actual value, Like my boat asking 5000, paid under 1k, be preped for low ball offers
There is a large difference between asking price and actual value, Like my boat asking 5000, paid under 1k, be preped for low ball offers
IT's just a boat - You need to love it!
Caress Me down - 1991 Supra Sunsport
Good point. I generally consider it foolish to finance a toy, car, or any other relatively low dollar item. When considering boats and budget before buying my Saltare I was looking into a $10k loan to use towards a Prostar 205 or Sport Nautique instead of blowing through like $10-$15k at once. Even those newer all fiberglass boats no one wanted to finance, but two banks told me if I wanted either a new wake boat or less than 3 yrs old they would loan me as much as I wanted over whatever term I was comfortable with. Thought that was funny. Banks don't seem too interested in relatively small short term loans, only high dollar higher risk loans. I think that's what got them into the situation they're in.
I ended up getting my Saltare for WAY less than those boats and paying cash. More room, bigger engine, fresh engine and floor/stringer repair, etc. and saved a lot of money. I think I made a good decision. No sense paying interest on a toy, cheaper in the long run.