Thread: Boat Financing
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Old 08-05-2012, 06:47 PM
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PUREBAY2200 PUREBAY2200 is offline
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Join Date: May 2009
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I learned a lot on my purchase; when I repowered I didn't not add any debt to my loan. Used the money from sale of original engine plus cash to buy new engine.
So I wasn't in the hole after repowering.
I didn't put nearly enough down; and when I sold my boat it was hard to find the right buyer at the right price.
But it was a lesson learned and I'm trying to prevent someone else from making the same mistake.
If that's makes me a bad person ; Owell.