What is the most you've payed monthly on a boat ?
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What is the most you've payed monthly on a boat ?
Mine was $400. Likely a good time to finance as rates seem to be lower now.
$836.00 way too much. Paid off the boat in half the time financed.
$536. I put more down on that boat than my hallet cost.
Not to sound superior or anything......but I've never had a boat payment in more than 25 years of boat ownership.
I don't know why......probably because I didn't really start boating till I was in my late 20's but I always thought that you should pay cash for depreciating assets and save debt for those things that appreciate (hopefully).
Probably why I've never had a "Baller" boat but I'm not knocking anyone who does.......am I the only one stupid enough to be so conservative??
Nope, me too. Cash only. That's why my boat has a spectra bottom not a schiada. I hear flatter is faster so I'm okay with it. :wink_002:Quote:
Originally Posted by Paul65K
Never had a payment. Old school. from the days if you wanted a 100mph boat, you had to build it, you couldn't just write a check for it. Never could bring myself to make payments on something that sat over half the year. Any "off season" payments I make are made buying things that make the thing faster than the last time I had it out.
Cash only.
Cash only. Can't afford payments and repairs.
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Originally Posted by Hye power
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Originally Posted by Menace Marine
My thoughts as well. I would carry that over for my vehicles too.