03-03-2022, 01:01 AM
I just recently went through this whole process and the financing was a PITA. I put 50% down have a credit score in the 800’s and have liquid assets. The biggest problem was not ever having a boat loan before and therefore not having similar loan experience. Age will also be a factor, it will be tough to finance anything over 20 years old, mine was 15 years old and had to do a little shopping to make it happen. Insurance for my 2005 Tiara 3800 is about $2,200 a year through Geico / Boat Us and maintenance is still TBD since I am still fixing her up from her last owner :
having said all of that….1000% worth it to have my own boat and the memories that are to come with friends and family this summer. Good luck and PM me if you have any questions.
having said all of that….1000% worth it to have my own boat and the memories that are to come with friends and family this summer. Good luck and PM me if you have any questions.


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