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  1. skeeterator
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    #21 06-03-2020, 08:57 AM
    Quote Originally Posted by Ththomp2 View Post
    I’d bet it’s quite the opposite and 75% are bought with no loan needed. Now the used market...bet a lot of those purchases are financed.
    Lmao!!! So 75% of new boats in the $50-80k range are bought with cash? I personally know Ranger and Nitro salesman that will tell you orherwise.
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  2. C130
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    #22 06-03-2020, 04:30 PM
    It's easy, I've bought and sold stuff with loans on them. You'll deal directly with his finance company. Just make sure you find out where the title will be sent, I have seen it sent directly to the new buyer and I have seen it sent to the original owner for some reason.
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  3. ssmithboats
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    #23 06-04-2020, 09:42 AM
    if it is financed with bank of the west get ready for a 3 to 4 week wait on your titles.
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  4. PolarKraft195
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    #24 06-04-2020, 10:13 AM
    Quote Originally Posted by webbow View Post
    Buying a boat from individual who has a loan on boat.
    What's the best procedure if I am paying in-full?
    Thanks in advance...
    Meet seller at bank that loan is from, watch seller pay off loan in front of you, and get proof of lien release on title
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