Financing a new boat?

[Ray]

I have banked with Calcasieu Marine/Hibernia/Capitol One for 30 years.
They wanted 18.5% for a boat loan.
The boat dealer wanted 8%.
I got 6.5% from my Credit Union.
I got a 5 year note, not a 12 year.

[fishinpox]

shop around i did mine with neighbors fedral credit union for 8 years but couldnt stand thinking about all that intrest so i payed it off a year after i bought it. my friend told me there is a credit union called eagle something but they were giving him something crazy like 3.7 percent on 10 years . i know that your rate will go up the longer you streach it out