Im looking at Triton Bass Boats and trying to keep my payment around 120-140 per month. Was wondering what price range and year model should I start looking for. Length of term is not a issue.
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Im looking at Triton Bass Boats and trying to keep my payment around 120-140 per month. Was wondering what price range and year model should I start looking for. Length of term is not a issue.
<table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by Frog »</td></tr><tr><td class="quote">Im looking at Triton Bass Boats and trying to keep my payment around 120-140 per month. Was wondering what price range and year model should I start looking for. Length of term is not a issue. </td></tr></table>
These questions are always tough. Rate and term are both huge in setting a payment. Please understand that these are BALL PARKS. We can not know rate until we check a bureau and see where you will qualify. If you look around $10K to $12K for an amount to finance, you should be close (rate matters). When looking, most lenders like boats 10 yrs old or less, book value is also huge. If you need a hand finding a value or a boat, let us know. We are ready when you are. Thanks, Ken, Todd & Chris
Assume perfect credit with good income to debt ratio and probably 5-6k down.
As I mentioned, a finance amount of ABOUT $12k to $14k will get you close. If you are putting 4 -5 diwn that means the boat could sell for ABOUT $17k to $20k. It is real hard to give an exact amount for an answer when we don't have the main fact of interest rate. Perfect credit as you mentioned makes it easier but nobody can write a payment in stone until the deal is presented. Past credit amounts, debt to income, loan to value, age of boat, time on the job, time in the credit bureau and proof of income are parts of the picture. We will offer you the best deal you qualify for. The numbers I mentioned earlier are rough and could adjust up or down based on everyhing else mentioned. You can read a bunh of past questions and posts from satisified customers. In all those threads, you will not find a quoted payment before we get some facts. The last thing we want to do is guess high or low then not have the final number match up. We are ready when you are. Let us know how we can help, Ken
Thank you for your advice. I am verry familiar with financing and can relate to exactly what you are saying, I was just unfamiliar with how boat loans are worked. It appears to be on the same principles of auto, except for length of term. Again, thank you for your help and I will be contacting you as soon as Im ready to make a move.
Yes the principle is the same. The dif is what we would call the burden of proof. Toy loans are a bit hiigher than a car. Let us know how we can help. Thanks, Ken.