Bank of the west boat loan rates

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Boat Loans 101: Should You Finance A Boat?
clcbank.org � boating-forum � boat-loans. As of April , some lenders offer starting annual percentage rates, or APRs, of about 7% to nearly 10% on secured boat loans. But factors. Bank of The West offers rates starting at % for $50, loans and rates Boats must be or newer to be eligible for a Bank of The West boat loan.

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There are a lot of things to consider, from the type of boat to the size and, of course, the price. If a boat dealer is desperate to sell some inventory they may be able to lower the price of the boat to help offset some of the required down payment. Most lenders will use the same vetting process whether you are applying for a new or used boat loan.