San Diego boat buyers have plenty of choices on how to finance their new or used boat and need not be intimidated with the process or the foggy details that surround it. A trusted San Diego boat brokerage, such as Ballast Point Yachts, Inc. is a great choice because a professional broker can help facilitate the best deal while also providing financing options, inspections, insurance, transport and much more.
The first question many ask themselves when considering a boat purchase is, “how am I going to pay for this?” And for many, the answer is with affordable yacht financing in San Diego. The down payment for your boat is going to be based on the age, type, and price of the boat. Normally, soon-to-be boat owners should expect to put down 10% to 20% up front. Depending on your credit score, marine lending specialists may also let you finance additional equipment and electronics that could enhance the quality of your vessel.
At Ballast Point Yachts, Inc. in San Diego, we help you get pre-approved for a boat loan in less than 24 hours, allowing you to shop our selection of new and used yachts with confidence and your boat budget in mind. And don’t be surprised if your monthly payments are lower than expected, as marine lenders normally have longer terms on boat loans than credit unions and banks. Choosing to finance your boat is the best route to take as you will most likely be able to afford a nicer and more powerful boat with better gear that will make all of your trips to sea much more enjoyable.
If you’re ready to get your feet wet and start the boat buying process, call Ballast Point Yachts Inc. today at (619) 222-3620 or send us a message online. We’re excited to help you find the perfect new or used boat at an affordable price!