Boat Financing 101: How to Get the Best Boat Loan for You

Рет қаралды 4,773

8 ай бұрын

Considering a Boat or Yacht purchase but unsure about financing? Dive deep into the world of Boat loans with Jeff Backus, COO and Founder of First Approval Source. With experience in over 10,000 boat and RV deals, Jeff demystifies Boat financing, helping you avoid costly mistakes.
🔍 In this video, you'll learn:
-The basics of Boat loans and how they compare to car loans.
-The importance of understanding your credit score and its impact on your Boat loan.
-Tips to prepare for the Boat loan application process.
-The ins and outs of Boat loan terms, interest rates, and more.
-The process of obtaining Boat financing from start to finish.
-Tips and tricks on how to get the best Boat loan rates.
😊💲Apply Now To Get Financing: firstapprovalsource.tfaforms....
📥 BONUS: Grab our FREE Boat Buying Guide from the link below to make your Boat purchase smoother!
🔗 Download the Boat Buying Guide: firstapprovalsource.com/boat-...
📧 Contact Jeff Backus: support@firstapprovalsource.com
📞 Call First Approval Source: (678) 866-8954
📸 Follow us on Instagram: / firstapprovalsource
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Пікірлер: 8

@mmagscott 4 ай бұрын

If the used boat im buying is on boat lift, but i will need to buy a trailer for it, would i be able to include the trailer on the same loan? Or would i have to get a separate loan?

@fishmojo865 2 ай бұрын

You should NEVER finance a boat or other recreational equipment. Start small, pay cash or find a friend or family who has a boat. These depreciation is extreme and the cost to operate, storage, insurance, and maintenance are incredible. If you can’t pay cash, you flat out can’t afford it. Once you have your house paid for, credit cards paid off, kids education paid for, and your retirement funded, then you should be able to buy a boat for cash. Hard work and financial responsibility required.

@jetfuelg4083 2 ай бұрын

You will never be great at anything and when you catch your wife with the neighbor and find out “your” kids might not be yours… YOU WILL WISH YOU BOUGHT THE BOAT 🤣👊

@brandonalan1513 Ай бұрын

Dave Ramsey? Is that you?

@DarealAGee 26 күн бұрын

damn who has $60k or even $25k just laying around? if i gotta wait to pay my house & credit cards off to get a boat, I'll be 80 years old by the way things are costing these days. I'll take the loan, get the boat and Live NOW!

@brandonalan1513 26 күн бұрын

@@DarealAGee buy the dang boat. Boat depreciation is almost non-existent. I’ve seen boats from the early 2000’s sell for $30K

@DarealAGee 26 күн бұрын

@@brandonalan1513 I agree man! I've been looking around and you're on point on that statement!