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Jan 23rd, 2013
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Older boat loan value? #10662442 03/03/15 12:39 AM
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CDubSmith2 Offline OP
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Can I get financing on a 2002 model boat? Is there a minimum loan amount to apply for? I have always been told boats older than 10 years old can't be loaned against.

Re: Older boat loan value? [Re: CDubSmith2] #10663533 03/03/15 01:43 PM
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reclending.com Offline
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Originally Posted By: CDubSmith2
Can I get financing on a 2002 model boat? Is there a minimum loan amount to apply for? I have always been told boats older than 10 years old can't be loaned against.


There are options for boats in that age category, but less of them. Some of it will come down to NADA value and your strength as a buyer. The simple way to put it is the stronger the buyer, the more options you have.
Let us know if we can help.
Thank you,
Ken
(517) 930-2721 - Cell


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Ken Lamain
Office (517) 543-6921
Cell (517) 930-2721
Re: Older boat loan value? [Re: CDubSmith2] #10664936 03/03/15 09:49 PM
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CDubSmith2 Offline OP
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Strength as a buyer meaning credit score or ACTUAL purchasing power meaning available money?

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