Choosing a boat: Any 0 percent financing on a used boat

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Any 0 percent financing on a used boat

Printed From: Yachts and Yachting Online
Category: General
Forum Name: Choosing a boat
Forum Discription: Ask any questions about the sport!
URL: http://www.yachtsandyachting.com/forum/forum_posts.asp?TID=13268
Printed Date: 04 Aug 25 at 7:34pm
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Topic: Any 0 percent financing on a used boat

Posted By: Marco1
Subject: Any 0 percent financing on a used boat
Date Posted: 25 Feb 19 at 11:26pm

I am a bit puzzled with this. I needed to know if there is any company in the UK that can help with the 0 % finance on a used boat. Also, for a total newbie do they have any condition or a minimum percentage installments.

Thanks

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Marco P

Replies:

Posted By: Sam.Spoons
Date Posted: 26 Feb 19 at 9:28am

I can't see anybody offering 0% finance on a used boat. On a new boat the manufacturer might pay the interest in lieu of offering a discount but you still might make a bigger saving by arranging your own finance and then negotiating a better price. That is the route I would take with a used boat.

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Spice 346 "Flat Broke"
Blaze 671 "supersonic soap dish"

Posted By: Noah
Date Posted: 26 Feb 19 at 6:47pm

So called 0% credit card might work. It’s not really interest free as they load on 3-6% at the start, but over the period it’s fairly cheap finance... Depends how much you want to borrow though.

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Nick
D-Zero 316

Posted By: Marco1
Date Posted: 06 Mar 19 at 8:54pm

Thank you Sam. I guess i will have to look for more options. I might get back if i find one hopefully. :)

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Marco P

Posted By: Marco1
Date Posted: 06 Mar 19 at 8:56pm

I didn't think about that. That sounds alright if it is 0% but still not enough at the moment. Many Thanks Noah

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Marco P