Posts: 2008
| finmanpooze - 9/14/2024 2:21 PM
I spoke with Bass Pro (Bridgeport, CT) about a new 1 last week.
Interest rates are 9.1%. 8.6% if your FICO 8 score is above 800. I'm well above it.
Still astronomical rates for now
Do the math, compare loan for loan, down payment, trade etc. @9% and 5%. Mine is 4.24%, so I opted to keep it. It came to almost a $300/month difference!!
Happy fishing!!!
So you are looking to finance a 100k boat? A friendly tip to all if you need to finance a boat doesn’t really matter if it’s 8% or 4%…. go talk to a good financial advisor first, boat payment’s?…not a good life decision, only possible exception is if your boat is required for your job (guide, tournament angler) |
