For those who bought a NEW BOAT before.

[meaux fishing]

It's always smarter to pay down the most you can afford so you can pay the least amount interest possible. An even better idea would be to go get a loan from a bank instead of through the boat dealership. When you walk in there with enough money to pay for the boat right then, you can to get a lot better deal. And remember the first rule of negotiating is whoever says a dollar amount first, is the one that always loses.