Boat Finance

[SandfleaDDH]

I agree with the notion that to each his own. Personally, I just hate owing anyone anything. And paying interest irks me, especially on a depreciating asset. So for us, the philosophy works. Downturn in the market? I'm good, I have no bills. Lost job suddenly? I'm good. I have no bills. Something happens unexpectedly? I'm good. Hell I couldn't even stand the utilities company upping their rates every year so I went solar, and now don't owe them anything either. It's just how we choose to roll.

 

[HangOutdoors]

@SandfleaDDH I hear ya, I have a buddy who is very similar.

Although I prefer the dead equity in assets to work for me making interest and profits through investments, rather than just sitting there.

 

[the MfM]

I agree with the notion that to each his own. Personally, I just hate owing anyone anything. And paying interest irks me, especially on a depreciating asset. So for us, the philosophy works. Downturn in the market? I'm good, I have no bills. Lost job suddenly? I'm good. I have no bills. Something happens unexpectedly? I'm good. Hell I couldn't even stand the utilities company upping their rates every year so I went solar, and now don't owe them anything either. It's just how we choose to roll.

We have the same mindset. Even planning solar for the same reasons...along with mini splits so we can get as close to net Zero as possible in our current house. The next house we build will be net zero. So that our only monthly expenses will be insurance, food and property taxes.

 

[I_squared_r]

I agree with the notion that to each his own. Personally, I just hate owing anyone anything. And paying interest irks me, especially on a depreciating asset. So for us, the philosophy works. Downturn in the market? I'm good, I have no bills. Lost job suddenly? I'm good. I have no bills. Something happens unexpectedly? I'm good. Hell I couldn't even stand the utilities company upping their rates every year so I went solar, and now don't owe them anything either. It's just how we choose to roll.

I always have enough cash in the bank to pay off my loans and 1+ year living expenses. Then I look for the longest terms and the lowest rates. 800 credit score

 

[azurefunding]

Azure Funding, a new recreational finance firm led by industry experts, has recently launched with headquarters in Wrightsville Beach, NC. The firm came to fruition as Glenn Overton, Azure CEO and Co-founder, saw gaps in the marine lending industry and knew things needed to change. After forming a strong team of experienced professionals, Overton launched Azure with the goal of creating a national financial services firm that provides the best lending experience possible for every type of customer.

Unlike competing financial services firms, Azure promises to work diligently on every lending application, rather than prioritizing larger, more straight-forward deals. Overton vows that the Azure team “treats all of our customers in the same manner; whether you are purchasing a shallow water inshore skiff to a mega-yacht, you will receive the best service possible.” Additionally, Overton states that Azure’s wide range of conventional and unconventional capital partners ensure that “if a deal can get done, Azure will get it done” at the best rate and in the shortest amount of time possible.

Prior to co-founding Azure Funding, Overton launched a prominent yacht brokerage as well as two of the largest marine service providers in the country. When deciding to branch off on his own and form Azure, Overton joined forces with highly experienced marine industry professionals who have worked on the dealership, brokerage and finance sides of the business. In doing so, the Azure team fully understands the process and the structure of the simplest to most complex deals and works with a strong sense of urgency.

Learn more today at azurefunding.com!

 

[Bruce]

@azurefunding, We encourage vendors who are helpful to our members to participate in our forum.

Your first post appears more boiler plate or spammy than an approach to work with our members. Regardless please tell us more about your services and if the $10K to $150K loans that our members would be likely to explore are within your lending range.

 

[Noko]

I bought my 212x in 2015, $0 down, 15 years at 2.99%. I could pay it off at a moments notice and pay cash for a new 212x, but why would I? My money has been making 10%+ for the last 5 years.

I agree. I just checked my Yamaha statement, still at 2.99% after 7 yrs.

 

[TwinScrew]

BankOfTheWest.com gave us 4.99 for up to 240 months with 824 FICO....they said anything above 750 should get you the same rate. Simple interest (unlike most Yamaha finance options) and their online payment site gives every possible detail about your account on one page.....balance, interest paid, current payoff and option to add amounts directly to principle as well.

 

[azurefunding]

@azurefunding, We encourage vendors who are helpful to our members to participate in our forum.

Your first post appears more boiler plate or spammy than an approach to work with our members. Regardless please tell us more about your services and if the $10K to $150K loans that our members would be likely to explore are within your lending range.

Hi Bruce, I apologize for our spammy post - our intentions were solely to get our name out there as we truly believe we could help your members receive financing. We offer loans of all ranges, with interest rates starting 3.5%.

 

[Mrs. Puff's Teacher's Pet]

Hi Bruce, I apologize for our spammy post - our intentions were solely to get our name out there as we truly believe we could help your members receive financing. We offer loans of all ranges, with interest rates starting 3.5%.

Are loan terms and estimated rates listed on Azure's website anywhere?

 

[kgower]

Went with a small regional bank, 25% down 7 year term, loan approved in 24 hours closed in less than 48.