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Go Back   WakeWorld > >> Boats, Accessories & Tow Vehicles Archive > Archive through August 27, 2003 > Archive through May 13, 2004

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Old    azpowerstroke            05-11-2004, 2:35 PM Reply   
Just curious. I might be looking into a new Tige 24V soon and was wondering what the interest rates are looking like. Thanks.
Old     (talltigeguy)      Join Date: Sep 2003       05-11-2004, 3:15 PM Reply   
I'm taking the shaft at 7%. I understand you can get somewhat better.
Old    handyman            05-11-2004, 3:39 PM Reply   
I just bought a new boat and I got 4.5% for 12 yrs.
Old     (gymboarder)      Join Date: Feb 2003       05-11-2004, 4:49 PM Reply   
Mine was at 7.99% for 15 years but I paid it off a few months ago.
Old    sbvfive            05-11-2004, 5:20 PM Reply   
Mines 5-0
Old    elentz5            05-12-2004, 6:51 AM Reply   
4.9
Old    deiselgrover            05-12-2004, 7:18 AM Reply   
New boats you can get a lot better rates than used boats. Im not sure on new but used is somewhere in the 7-9 range I believe.
Old     (ccraftskierfan)      Join Date: Mar 2004       05-12-2004, 7:03 PM Reply   
Just curious(handyman), what lender did you get your loan through? 4.5% is ridiculously low.
Old     (suckbuthavefun)      Join Date: May 2003       05-13-2004, 5:47 AM Reply   
4.9% through a local credit union
Old    handyman            05-13-2004, 6:35 AM Reply   
Good day I went through Bank of America. Great customer service too.
Old     (dfred)      Join Date: Aug 2002       05-13-2004, 6:51 AM Reply   
Bank of America 5.5% for 15yrs with 0 down if I chose to (which I did not)
Old     (mattman5000)      Join Date: Mar 2002       05-13-2004, 7:38 AM Reply   
I'm also about to get a boat loan. Here are the rates at my credit union. The shorter the loan, the better the rate.

Up to $4999 1 to 36 Months 3.95% to 6.45%
$5000 and up 37 to 60 Months 3.95% to 6.45%
$10000 and up 61 to 84 Months 5.25% to 7.75%
$15000 and up 85 to 120 Months 5.95% to 8.45%
$25000 and up 121 to 180 Months 6.95% to 9.45%


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