How To Do Just About Everything

Now in the UK! en-US

Financing Speed Boats

Rate:

(0 Ratings)

Post a Comment

Add to Playlist |

I Did This

Part of the video series: How to Buy Speed Boats

Used Speed Boats
A used speed boat is a good idea for a first time buyer. Learn about buying used speed boats in this free … More
Researching Speed Boats Online
Searching the internet can save someone from driving miles to see a speed boat they aren't interested in. … More
Analyzing Cheap Speed Boats
Make sure the value of a speed boat is equal to its quality. Learn about buying cheaper speed boats in thi… More
Financing Speed Boats
If a prospective speed boat buyer doesn't have the cash, they may want to think about financing the boat. … More
About Ski Boats
Historically, ski boats have been used to tow one or more water skiers. But their mission has become somew… More
Types of Flat-Bottomed Boats
Flat-bottom boats have many functions, the majority of which involve calm, shallow waters. Everyone from f… More
Introduction to Water Skiing
Expert water skier gives an introduction to water skiing and the basics needed for getting up on two skis … More
Speed Boat Appeal
Speed boats are bought for their comfort, style, and of course, speed. Learn about buying speed boats vers… More
Negotiating Speed Boat Prices
Every dealer or speed boat product will change the way negotiations take place. Learn about negotiating pr… More
Speed Boat Anchors & Protection
Talk to someone with experience when buying speed boat anchors and wax protection for a boat. Learn about … More
How to Use a Boat Ramp
Learn how to be courteous to other trailer drivers if you're using a boat ramp in this free automotive car… More
Speed Boat Resale Value
Try to buy a speed boat that is made by a reputable company. Learn about the resale value of speed boats i… More

Summary: If a prospective speed boat buyer doesn't have the cash, they may want to think about financing the boat. Learn about financing speed boats and loans in this free boating video from a speed boat salesman.

Views:: 453

Presenter

By John Mouw
eHow Presenter

John Mouw is both the owner and manager of Miller’s Landing located in Montclair, California. They specialize in the sale of high quality speedboats and boating accessories. Miller’s...read more

URL:

Embed:

Video Transcript

"Boat financing is something that we do offer as a dealership and in the marine industry. It's something you want to look into if you're just not looking for a cash purchase. Typically the loans, anywhere from twenty-five to fifty thousand dollars finance, they're going to offer you a fifteen year loan. If you go from fifty to a hundred thousand dollars, they'll offer you a twenty year loan. If you go up from two hundred to three hundred thousand dollars on up, they might offer you a thirty year loan. If you go down from twenty-five thousand dollars, you're going to find anywhere from an eight to twelve year loan. So the higher volume and price range you finance, the longer-term you're going to be able to go. Interest rates on a boat is definitely going to be a little higher than car or a house, and the reason why that is, is because any time you have something that you don't need or necessary like an automobile is a necessity, a house is a necessity, a boat, an RV, a motorcycle, their rates are a little higher because it's something that you don't need every day. Typically with good credit nowadays we're finding customers getting anywhere from seven and a half to eight percent rates on financing."

eHow Article: Financing Speed Boats