If u can get a low interest rate....6% or less then financing is a good option as long as u put 10-20% down.
Go long on the term and pay more when u can. Knock that note down ASAP! Boats don't hold value;except yellowfin
. U don't want to buy a boat and finance 100%.
Give Urself some breathing room when u figure the note.
Add in insurance, gas, cost of owning a boat etc.
For example
You can set aside 600$ for a hobby; fishing.
300-350$ for ur boat note
All the rest will get eaten up by gas in boat & truck, boat insurance & incidentals.
Also U need an emergency fund to cover things that break and aren't covered by warranty or to meet ur insurance deductible.
A boat is fun , but brings a lot of costs that few people include when figuring how much they can afford for a boat. It's not just the boat note; consider all the associated costs.
Hope this helps.