www.iFourWinns.com

I was wondering who everyone is going through for current boat loans and what rates your getting?

The going rate now is 6.5 to 6.75 % with good credit.

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07 Tiara Sovran 4300
07 338 Vista - SOLD

I believe the going rate is 2.99% through a FW special financing deal. We bought a 288 in January at this rate, and I think the rate is good for all deals until the end of March. Check out the url below.

http://www.fourwinns.com/catchawave/index.php

The 2.99% rate is instead of the rebate. In actual terms you are using the rebate to buy down to 2.99%. This rate and the buy-down may work great for some people. It all depends upon credit, down payment, tax write-off, and how long you plan on keeping the boat. I stand by my original of 6.5 to 6.75%. I just went through this financing and examined every option. The truth of the matter is nothing is free. You pay for it one way or another.

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07 Tiara Sovran 4300
07 338 Vista - SOLD

That is so true!

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'04 FW 268Vista "Andiamo"

I'm getting 7.99 fixed which kinda sucks but hey at least it can be written off. I was told that the 6.5 rates are for loans >100K...

My reply is a few years later, but I'm interested in this topic. Looking at a 2002 Vista 268.
I'll be getting 5.88% from my credit union - tax affected it might be the equivalent of about 3.5%.
My credit's not great, but not bad either.

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2002 Four Winns 268
Saugatuck, MI

Check with Essex Credit. I have had good luck with them in the past & they specialize in marine financing. They are also quite helpful in getting you the real current book value of a boat you are considering, so that you don't overpay. They have been a good resource for us in our current search for a 318 or 338 model.

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2007 Meridian 341
2008 SeaDoo Speedster 200 "Caliente"
1994 Larson Cabrio 280 "Liquid Asset"- Sold

In April I was given a 4.99% rate at my credit union. I thought that was a pretty good deal.

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2006 Vista 278
First Boat:
2005 Sundowner 205
Columbus, OH

Same here. I bought my 97 Vista 278 last spring. One credit union approved me at 7.24% but it was mandatory that I had to pay extra for life/disability insurance ($35 extra per month!!) on the note. Another credit union approved me for 4.99% and I didnt need the addtl life insurance. I went for a 7 year term.

Im not proud to say I have a prior significant "red flag" on my credit from 2008 too, but I was still able to get a boat loan for 4.99%!
However, I had an impressive down payment and have worked very diligently to fix my previous financial indiscretion, and it appears to have paid off!!

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1997 Four Winns Vista 278
T - 4.3l EFI
Kohler 4esz Genset
379 hours as of 8/8/21

Last season I was able to get 4%. Coastal Financial. Looks like rates went up to 4.99.

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2007 358 T-5.7GXi IB
Previous Boats
'08 H240, '08 V318, '04 268, '04 225

5% is about right. That's what I got back in April of this year.
I quoted bank of america before I went with a local agent. She didn't like it when I mention Bank of America but they did have just as good a rate.
https://www.bankofamerica.com/vehicle-loans/boat-loans/boat-loan-financing.go

I am not endorsing BOA in fact I dislike the company but it will give you an idea.

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--2002 3880 Regal Flybridge | Twin Merc 8.1HO **Seven**
--2003 AB 13 VST Console Inflatable | Tohatsu 40hp TLDI **Phish'n ski**
--310 Mercury Inflatable | 1982 9.9 Johnson

Best rates I could find! I just refied with them.

https://www.essexcredit.com/

No one has mentioned, it also depends on the amount of the loan.

The terms matter too.
5.88% was for a 12 year loan.
5.65% for a 10 year loan. Credit union...

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2002 Four Winns 268
Saugatuck, MI