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This is correct you have to have your current boat for 60 months and you also have to have selected the special financing offer that included this option which is usually 1-2% higher then what ever promo rate they are offering. So for example if the promo rate was 2.9 this offer likely had a rate of 4.9 attached to it. It's very misleading. Atleast this is what I was told by a dealer when I asked about it about a year ago.I think you have to financed with yamaha (with the special rates) and have owned it for 60 months
Gotcha. With leases typically there is a down payment, plus restrictions on use...mileage (hours), etc. I signed my name a few times, and drove away towing her, with very bad intentions in my mind.What I meant was only that with a typical loan structure for boats, you build no equity in the first 60 months. Even at a low 1.9 percent interest.
My dealership did not specifically say NADA, I think there's a different book they use.?. But, it is the trade in value, not resale.I don't really understand the trade in offer. That is, if I bought a 2011 under This deal, I could trade it in after 60 months but what is the trade in value? Used Nada?
It is spelled out in the first post in the ad. The NADA used trade-in value.I don't really understand the trade in offer. That is, if I bought a 2011 under This deal, I could trade it in after 60 months but what is the trade in value? Used Nada?
15 years.1.9% for how long?
I stand corrected....on one point.When did Yamaha offer 1.9% for 15 year financing on the 2015's? Attached are the actual Yamaha sell sheets the dealers use from July. You will see on the first sheet that a promo rate of 2.9% was offer during this time but on the other sheet you will see the trade and play had a 6.9% interest rate. I would double check your paper work if they did in fact give this to you there will be a whole section you signed with the guarantee in it. I find very unlikely at 1.9% that you where included in it unless that 1.9% was a short term rate that changes later but even then not sure it would be there. I would love to be proven wrong though seriously as it would mean a lot more people are covered under then what I was told.
Congratulations my man you are the first person I have heard of with the promo rate and the signed buy back guarantee clause in the contract I sure hope some others got the same.My loan is fixed for 180 months at 2.99%, WITH the buy back program per my signed paperwork from my dealer.