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Here in Canada we can get a mortgage on a boat, you can amortise it out over 20 years @ 3%. If you take care of the boat it will last the 20 plus years and you could have the boat of your dreams.
why new? If in ten years you will be 'too old to boat' then go used and pay cash, or at least finance for a couple years and pay off quick where interest rate won't matter quite as much.
I agree, I paid cash for my boat, just saying its an option. In some cases you just might be leaving your kids a boat mortgage as their inheritance, LOL
I agree, I paid cash for my boat, just saying its an option. In some cases you just might be leaving your kids a boat mortgage as their inheritance, LOL
