Benefits of Boat Financing
Boat financing offers potential owners an accessible path to owning their own vessel without the immediate financial burden of an outright purchase. It opens the gate to a myriad of aquatic recreational possibilities, from fishing to sailing, and even living aboard. In the following article, Mark's Leisure Time Marine will help you delve deeper into the various benefits this financing option provides, and explain why it is an attractive choice for many prospective boat owners. When you are finished reading, visit us in Conesus and Canandaigua, NY. Our experts are waiting to help you choose your next boat.
Faster Purchase
Not many people are able to pay the entire sticker price on their preferred boat up front, which can lead to a long-term savings plan and a delay on any fun. Financing, on the other hand, only requires that you pay around 10-20% of the sticker price up front as a down payment, lowering the barrier to your adventures considerably. The rest will be paid off monthly, plus interest, making it a simple matter to pay while you explore!
More Options
Because of that lower financial barrier, you won’t be quite as limited in your options. You might find that you’re able to afford more types of boats, now that you’re paying the cost off piecemeal. With financing, you can find a better match for your needs and wants without breaking the bank. You’ll know how much exactly to set aside each month to be able to have the boat of your dreams.
Better Options
Not only that, but you’ll find you’re able to afford more upscale versions of the same boats now that you’re financing rather than paying it all off at once. Luxury models, upgrades, and different customization options that might have been out of reach before are now up for grabs! Financing allows you to get more bells and whistles than you ever dreamed of, all for a reasonable price.
Financial Stability and Flexibility
Finally, because you’re now paying less at a time for the same boat, you can spend the money you’re saving however you like. That can mean investing in a better or more specialized model, like we mentioned above, but it can also mean adding to emergency funds, getting a headstart on saving for another purchase, or getting you more or better gear and accessories. Financing gives you the freedom you need to spend your money how and when you need to.
Now that owning the boat you want doesn’t sound so out of reach, we would like to invite you to visit our dealership in Conesus and Canandaigua, NY. We also serve boating enthusiasts from Rochester, NY.