I'm curious to know how prevalent it is to finance a boat or whether people tend to buy their boats with cash? I'm adding a poll and I'm going to set it such that you can't see who voted for what.
Really depending on what boat you have a debt payment on a boat can be a pretty affordable means of entertainment anyway. I remember wondering how everyone had a boat when I went to Florida, and when I bought my Beavertail they gave me a loan option and it was only like 240 bucks a month or something.
@Half Shell I agree with that, but as a pessimist I always think tomorrow might not look like today. So I have always been one not to borrow even if I can get a higher return elsewhere.
@fishnpreacher It so crazy to think that people would pay 18 percent for a home loan, younger people(me) see anything over 4 percent as high!
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