SailNet Community - View Single Post - Where are the younger people?
View Single Post
post #80 of Old 05-16-2013
Shinook
Senior Member
 
Join Date: Jul 2012
Posts: 311
Thanks: 7
Thanked 19 Times in 18 Posts
Rep Power: 3
 
Re: Where are the younger people?

Quote:
Originally Posted by ShoalFinder View Post
A $15K sailboat is probably 30 years old. Almost nobody will be able to finance that.
If you look hard, you can find someone that will. I know most big banks will not, but local credit unions will. In fact, I know that Space Coast Credit Union will regardless of age, minimum loan amount was $5k when I asked.

We didn't finance, but I considered it. I bought a cheaper boat that needed restoration instead of financing and view the upgrades as a form of financing that doesn't involve a bank.
Shinook is offline  
Quote Share with Facebook
 
 
For the best viewing experience please update your browser to Google Chrome