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Conference vicki::boats

Title:Powerboats
Notice:Introductions 2 /Classifieds 3 / '97 Ski Season 1267
Moderator:KWLITY::SUTER
Created:Thu May 12 1988
Last Modified:Wed Jun 04 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1275
Total number of notes:18109

230.0. "Boat Financing Rates 1989" by HAZEL::GARNER () Wed Jan 04 1989 17:03

    
    Does anyone have any names of Boat Financing Companies that will
    offer terms greater than 15 yrs. and/or fixed rates below 10.75%
    or variable with less than 3pts. for 20 yrs. with a cap on it???
    
    I have a current rate/term of 10.75% at 15 yrs and am loosing my
    partner, so i'm looking to lower the monthly payments. 
                                                         
    Boat is 26' and non-documentable......any info would be appreciated
    
    
    Soon to become either a sole owner or a former one!!!!
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230.1I'll be there too!NRADM::WILSONA man's place is on his boatWed Jan 04 1989 18:4610

I don't have any specific references but can hopefully point you in
the right direction.  If you haven't found anything by later this
month go to the boat show in Boston, which begins on January 26th.
There are usually about a dozen or so marine finance companies there
competing for your business.


Rick W.
230.21st CommercialNAC::SWEETCapt. Codfish...GW Fishing TeamWed Jan 04 1989 19:185
    I got 10.5 for 15 years from 1st Commercial Corp.
    
    I did see one variable for 10.25 but can't remeber who.
    
    Bruce
230.3Another ShowSALEM::PAPPALARDOI'm the NRA/GONHThu Jan 05 1989 14:0211
    
    There is also another Boat Show January 12-16 at the "Big E",
    (Eastern State Exposition) West Springfield,Mass.
    
    1/12  3:30-10:00pm
    1/13  2:00-10:00pm
    1/14  9:30-9:30pm
    1/15  12:00-7:00pm
    1/16  11:00-7:00pm
    
    Adults $6.00  Children 6-12  $3.00 
230.4Reply Capt. CodfishHAZEL::GARNERFri Jan 06 1989 17:287
     
    Walt,
          Do you have any info on how to contact 1st Commercial???
    
          How along ago...did you get that rate???
    
    Thanx, Stephen
230.5Not Walt...BruceHAZEL::YELINEKWITHIN 10Fri Jan 06 1989 18:301
    
230.6re: 1st comm corpNAC::SWEETCapt. Codfish...GW Fishing TeamFri Jan 06 1989 18:5911
    Thanks for the correction Mark....BTW did you get your boat?
    
    Steve,
    
      I closed my boat on Nov 7th.  Try 800-553-4778.
    
    My loan was actually through Society for Savings in Conn., 1st
    Commercial is an agent.
    
    Capt. Bruce Codfish
    
230.7What interesT rates have you sEEn?HAZEL::YELINEKWITHIN 10Fri Nov 03 1989 17:508
    Anybody have a feel for the current rates in (New)boat financing?
By current I mean Fall 1989.
    
    e.g.   < $20.K
         
         & > $20.K             10,12..15 yrs. ?

    /MArk