If a person finds a new boat, clearance, 2009 or 2010 model, how do the banks view that. Let's say the boat lists at 50K, but since it is a 2009, it's marked down to 40K. If I put 4K down, is that like a 10% down payment? Or would the banks look at it like 30% equity therefore a 30% down payment. Could this help insure that I get the best rate? Or is a 2009 model boat just worth what a used 2009 model boat would be? Thanks, Barry