Who will finance a 2000 38' powerquest?
#1
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Got my boat sold but all the local credit unions and banks are telling my buyer nothing older than 2008. He has down payment and good credit, who can help us out? We're in Michigan if it matters.
I'm sure this has been asked but didn't find an exact answer. sorry for the repost.
I'm sure this has been asked but didn't find an exact answer. sorry for the repost.
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try Coastal Financial Corp they are there in Holland, MI and I believe they have a program for older boats I just used them for my 05 Sunsation and they were great to work with. 616.492.2628
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Try DCU...one of the best CU's in all the land.
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You might try Essex the person I dealt with was a total PITA I had to go to her manager to get things moving and sorted out but once past that it was ok and I can't complain about the very low rate. Essex work with Bank of the West which is who my loan ended up with but not sure you can get the same deal from them as Essex but you never know.
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https://www.newcoast.com/, used them a couple times, great to work with.
found this the other day checking rates, says they do 2000 and up, http://www.chesapeakefinancial.com/index.asp
found this the other day checking rates, says they do 2000 and up, http://www.chesapeakefinancial.com/index.asp
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My point is, look around your area for CU's that may be offering comparable loans...SCREW the TBTF banks.
EDIT: I decided to search out ESSEX, ouch....http://essex-credit.pissedconsumer.com/
Last edited by motoracerx; 06-21-2015 at 07:55 AM.