For those who bought a NEW BOAT before.

[2ndamendment]

[quote=alphaman;424710]

Originally Posted by lsufish

Unless you are a professional guide and you are using the boat for business, financing a toy for 10 years that will depreciate and be worthless is crazy. You should always pay cash for your toys. If youMUST have the boat, finance for no more than 36 months.[/QUOTE

If i could i would! but it must be nice when you can pay cash for a 30k boat, are finance 30k+ for 3 years just saying

Alphaman it is called financial self discipline. One does not have to be wealthy to buy a 30k boat. Just save until you have enough. Even better buy used. Let someone else take the depreciation hit.