Let’s Talk Financing! Purchasing your dream boat may be much easier than you originally thought. Your boat just might cost you about what your car payment is a month. And when you put that into perspective, it just makes since to purchase something that will bring you years of enjoyment.
There are a number of things to consider when deciding if you would like to finance your boat:
• Boats have long lives, and therefore, they usually have longer loan terms that can be 15-20 years. These longer terms equal lower monthly payments.
• A major plus to financing is that there are NO Pre-Payment Penalties, so you can pay towards the principal without having to worry about the added interest.
• Rates are at All-Time Lows – people are seeing rates from 3.99% to 4.6%
Norton’s makes it as easy as possible for their customers to start and finish the financing process. Our sales team has built up a list of contacts in the marine financing world that help us help you get into the boat of your dreams.
With the many pluses of financing and low rates, there is no better time to buy the boat you have been eyeing, but thought was just a little too far out of your price range. Financing a boat allows you to enjoy that boating lifestyle you’ve dreamed about, without having to put a huge dent in your pocket.