Looking to purchase a new Bass Rig ?
Ok I'm looking to purchase a new bass rig in the nxt 6-8 months, besides a good down payment, what are some other helpful tips..
What should i expect when looking at loan terms? Is it best to go short term say 60 months or try for the long term 144... 144 sure seems like a long time to finance a bass boat.
what are the rates as of now on the long and short term loans for bass boats?
I guess what im trying to ask what are the things i really need to pay attention to when financing my new rig besides the price and the amount for down payment?
Re: Looking to purchase a new Bass Rig ? (mswings)
<table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by mswings »</td></tr><tr><td class="quote">Ok I'm looking to purchase a new bass rig in the nxt 6-8 months, besides a good down payment, what are some other helpful tips..
What should i expect when looking at loan terms? Is it best to go short term say 60 months or try for the long term 144... 144 sure seems like a long time to finance a bass boat.
what are the rates as of now on the long and short term loans for bass boats?
I guess what im trying to ask what are the things i really need to pay attention to when financing my new rig besides the price and the amount for down payment?
</td></tr></table>
Terms are set by amount financed. Some lenders offer up to 180 months for amounts over $25K. We recommend taking a longer tern and paying extra. With simple interest, all extra money comes off the principle and knocks the loan down faster. We are writing some loans under 7% for real strong stuff and up to 18.95% for not so strong. Interest rate does depend some on age of boat and amount financed. Let us know if you need anything. we are here to help.
Ken, Todd & Chris