Posts: 1316
Location: Madison, WI | Need some help finding the cheapest interest rate for a boat. I'm working on TRYING to purchase a boat for next year. I've contacted a few banks and the interest rates are anywhere from 8.5-12.5 depending on credit rating. I know i have a solid credit rating so i'm banking towards the lower rates, but they still seem alittle high. At 8.75 over a 5 year loan i'll be paying $1720 which is just crazy!!! Where did you go for $$$? Did you find rates lower going through a dealer or bank?
Edited by Magruter 10/16/2006 8:45 AM
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