New motor financing options?

[strippingguards]

Anyone know a lending institiutioon that will finance a new motor and re-finance an older boat for 20 years? Trying to keep payments as low as possible - but everyone that I've checked with only finances for 10 years with a 25,000 loan.<br />I owe about 11K on boat and new motor costs 10-11K.<br />Thanks - sorry if this is the wrong forum for this question but I didn't know where else to go.

 

[FlyBoyMark]

Re: New motor financing options?

Conseco has a credit card type deal where you can put just the motor on it. Works out that you will pay out over 5 to 6 years and they will take 0% down. Interest is in the 12% area.....They do boats too...If you can qualify for a real low interest rate the payments for ten years or less might not be that bad!!!!!!!!

 

[FlyBoyMark]

Re: New motor financing options?