If you have equity in a home or vehicle ask your lender if they would consider adding the boat to that loan. I did that one mine but it was a while back, not sure how keen those institutions would be on that right now. But it would likely get you a much better interest rate if you're going to finance.

You can buy a very nice rig for that price range. I would advise you buy a 1-2 yr old boat that still has warranty. Most of the new Mercs and Yams come with a 5 yr warranty. Pay cash if you can but if not no biggie. Put as much down as you can and look around for the best interest rates.

I have purchased a bunch of them over the years and mostly financed them for no more than 5 yrs. I have found that if I put 10% down and financed the rest I am not upside down after year one. You don't need to get pre-approved for a loan. Most financial institutions will approve you within 10 mins if you are trying to borrow money and you have good credit. If your credit score is above 720 you will get the best interest rates.

My problem has always been that I am sick of the boat within 12-18 months and I want the new bright and shiny thing witht a bigger motor. Buy at least a 20 footer with a 200 HP or you may be disappointed.

Keep an eye out and look for the boats that have been won in a tournament. I sold a new Skeeter with a 150 SHO I won for about 60% of what it would've sold for at the dealership. That guy got a smoking deal. There are several boats given away as prizes every year and the winners almost always sell them on the spot or within a few weeks. You can follow Bass Champs and go to the weigh in at their events and buy a boat from the winners if you don't care if its a Skeeter.

I’m really surprised boat theft isn’t through the roof.

Face down

I saw where Phoenix Boats has partnered with RecLending and are offering 6.99%.

Details can be found on Phoenix's website.

Skeeter had a tv ad today. 0 down, 0 payments for 90 days, 4.99%APR.

THAT SHOULD CLEAR OUT THE SHOWROOMS!

For whatever reason, I keep find myself looking at those new Triton 20XP’s. Interest rate isn’t too bad on them, but spending $70k on a toy makes me want to puke.

Dang that skeeter deal sounds nice!