Join Date: Apr 2012
Location: Kyushu, Japan
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Re: Boat for Pacific Passage - yes or no?
I take your point. In my situation, partial financing won't require involve the need for specific "boat financing," so the insurance issue won't be a sticking point.
Just be aware that if you finance a boat, you will be required to insure it which is expensive and the insurance companies may have requirements that include the number of crew required, etc..