Quote Originally Posted by haknslash View Post
I don't think they are going to budge any more than they have or he didn't seem that way when he kept emphasizing bottom lines. They were giving me a discount of around $3800. They low balled me on my trade in but I expected that being its a jet boat on a non-jet boat lot, just didn't expect it as they went and was hoping for at least a few grand more. They said that trade-in difference the bank wanted more they don't typically like to roll over negative equity into another loan. I can understand all that and was willing to accept it. I was using thinking it would still be at a 10% down payment whatever the total was. The extra 3% just put it out of reach I'm afraid. Really sucks and has us down but that's life and guess it wasn't meant to be.
Possibly! They may also change their tune after a few days and they realize the deal really is sunk because of that. Can’t hurt to offer to split the 3% with them!

I’ve heard of that with cars too, depends on the bank but they do need a certain LTV sometimes. You might also check with outside financing, a buddy used Ohio Educational Credit Union and they do 110% LTV with 0 down on boat loans. He got 4.75% at 180mos.


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