Im looking to purchase a boat soon, either a new tracker 190tx (20,000) or a used boat in the 10-20k price range. what kind of loan % rate should I expect for great to excellent credit? I'll either be trading in or selling and putting roughly $4500 down.
Depending on the lender, you might see a slight difference in the rate from new to used. Some have no difference at all. MOST rates are starting around the 5% and above. We do see a few JUST under but that also depends on the term. SOME lenders offer a bit lower rates for shorter terms.
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