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That’s an amazingly low rate. We got 4.99 with credit over 800 and that was the best we could find without putting a massive amount down
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Michiganders can still get 3.49% for up to 20 years
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2021 Supra SA 400
2018 Supra SA 400 (SOLD)
Michigan
Yeah, go ahead and rub it in
I just got 4.74% on an SL 400 using newcoast financial, underwritten by US bank. It did require a sizeable down payment though. And freakin' a banks have a lot of rules and stipulations before they approve a boat loan these days!. My dealer said he see's it all the time. PITA. Oh well, I'm picking her up tomorrow. Hoping for nice weather.
2020 Supra SL 400
2015 Moomba Mojo(Sold)
2018 Yamaha Waverunner(Just to fool around)
2018 F150 Lariat
sport edition, 3.5lt ecoboost
We put 15% down and got 4.99%. We were limited as we also got a seasonal place at the lake for our fifth wheel, so there were only so many funds in the jar available if you know what I mean. I think banks get a little tight once they’ve lending over 150k on an inshore pleasure boat?
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10%
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2021 Supra SA 400
2018 Supra SA 400 (SOLD)
Michigan
I was quoted 4.24% with Vantage Recreational Finance. They’re in Florida and I’m in MN. I thought that was a pretty great rate…but are there better rates out there? Hearing others in the 3’s is surprising. I’m looking at 15/20yr rates. Everyone’s in different positions and I’d love to do a 5yr…but I don’t think my family would grow tired of 60months of Ramen noodles. Haha
4.24 is really good, I would jump on that.
I know the 3.5% rate in only good for Michigan residents.
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2021 Supra SA 400
2018 Supra SA 400 (SOLD)
Michigan