Trawler Forum - View Single Post

Don L · 05-19-2023, 04:42 PM

Yes I know there are old threads, but .....

The Admiral wants to move from sail to a trawler. In looking into it seriously it looks to me that we would be looking at a 1980-1990 boat. In that range I can see a seemly jump in boat condition that would exceed the liquid funds I would have to put into the boat. Now I can acturally come up with the funds, but it comes with a 20+% hit and therefore would be less to finance it.

So who has recently managed to finance an 1980s boat at say a 30-40% loan to value ratio? If you did who did you use?

05-19-2023, 04:42 PM	#1
Don L Senior Member City: Jacksonville Join Date: Mar 2023 Posts: 353	Financing an older boat Yes I know there are old threads, but ..... The Admiral wants to move from sail to a trawler. In looking into it seriously it looks to me that we would be looking at a 1980-1990 boat. In that range I can see a seemly jump in boat condition that would exceed the liquid funds I would have to put into the boat. Now I can acturally come up with the funds, but it comes with a 20+% hit and therefore would be less to finance it. So who has recently managed to finance an 1980s boat at say a 30-40% loan to value ratio? If you did who did you use?