Boat loan?

[cbark69]

I was wondering will a bank loan on an 04? If so how long could it be financed for/ Approx amount of loan is $12k, and what about down payment? Out of state loans? Below is the boat in question. Thanks!


2004 Triton TR-196 DC
2004 Merc 200 EFI

[reclending.com]

<table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by cbark69 &raquo;</td></tr><tr><td class="quote">I was wondering will a bank loan on an 04? If so how long could it be financed for/ Approx amount of loan is $12k, and what about down payment? Out of state loans? Below is the boat in question. Thanks!

2004 Triton TR-196 DC
2004 Merc 200 EFI </td></tr></table>

We should be able to work with a 2004. Most lenders are good to about 10 years. Some lenders do not do used at all. The year will not determine term, amount financed does. A loan amount or $12K should be able to get terms from 84 to 120 months depending on the lender. let us know when you are ready to start, Ken

[cbark69]

Is it possible to go less than 84 months, its only 12k?

[reclending.com]

<table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by cbark69 &raquo;</td></tr><tr><td class="quote">Is it possible to go less than 84 months, its only 12k?</td></tr></table>

You can always go less. OR what some people do is take the longer term and make a higher payment. That way if you have a tough month, you can just make the lower payment. Any extra sent in comes off the principle anyway so you come out ahead. We can walk you through the options when it's time.
Let us know when you are ready,
Ken, Todd & Chris

[cbark69]

Thanks! What about the out of state loans? One last question how long to process the loan start to finish, just a ballpark will be fine?

[reclending.com]

<table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by cbark69 &raquo;</td></tr><tr><td class="quote">Thanks! What about the out of state loans? One last question how long to process the loan start to finish, just a ballpark will be fine?</td></tr></table>

We do have lenders that will do loans anywhere. Some are more regional. The process should be about 5 - 7 business days for a clean deal. The more issues, the longer it takes. Let us know when you are ready to start.
Ken, Todd & Chris