2kwik4u
Jetboaters Fleet Admiral
- Messages
- 7,441
- Reaction score
- 9,574
- Points
- 552
- Location
- Buffalo, NY
- Boat Make
- Yamaha
- Year
- 2017
- Boat Model
- AR
- Boat Length
- 19
Take this with a grain of salt. I personally consider Yamaha's heavy advertising of great interest rates to be significantly misleading.Yamaha's finance rates on new boats are great. And they usually have some form of promo for free extended warranty.
I have what most consider to be excellent credit and did not qualify for the promotional rate. Credit score was a 795 and was told I had "second tier credit" and was not eligible for the 2.99% offer from Yamaha finance. 795 gets me a premium rate everywhere else in the world.
Also, Yamaha's finance is not through them, but through synchrony bank. Not a terrible place to deal with, but something you should know going in.
I ended up taking the Synchrony bank financing at 7.99% to get the deal done on a Saturday, then immediately refinanced with my credit union for 4.49% the next week.
Just some food for thought.