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  1. #1
    Member
    Join Date
    Mar 2013
    Location
    Ashland Missouri
    Posts
    48

    Rates for motor only

    What are the going rates for just buying a motor ?
    credit scores mid 700s

  2. BBC SPONSOR
    Join Date
    Dec 2009
    Location
    Michigan
    Posts
    1,848
    #2
    Thank you for the question. Not many places do a straight re-power loan. We do have one option and the best numbers for that is 7.9%. That has more to do with the lender program than buyer. The bigger better rate lenders that we use, do not do refinance or re-power. The other thing that will come into play is if there is currently a loan in place. Lenders would want a lien on boat, motor and trailer so any old loan would need to be paid off, plus the new engine.
    Let us know how we can help.
    Thank you,
    Ken
    (517) 543-6921 - Office