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Location: Grinnell, Iowa | One thing to consider is financing. Most of us (or at least me) don't have the luxury of buying out right. A lot of banks anymore offer loans for 10+ years even on used boats. So if you are financing and depending on how much cash and/or trade you have to put down, the monthly payment for a 12 year $40,000 note isn't really that much more than the monthly payment for a 12 year $30,000 note. The biggest thing when you are looking at spending that kind of money, is to make sure you get what you want. There is no need to settle when you are talking about buying something that cost's 40-50k. There are plenty of good used boats out there to choose from and it will be awhile before we have good open water again so take your time and get the boat you want. I am currently in the new or "new to me" boat market as well. | |
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