I've said if you have the cash to buy a boat, you're free to spend as much as you want on the boat. If you get emotionally attached to a boat and feel the need to put more down (if you're borrowing) then do so. It's a free world. We all have a free will. It's a beautiful thing.
There's a concept called OPM - other people's money. Rather then taking cash out of the bank, use someone else's money. I use that in my investments. (I know, a boat isn't an investment, but I haven't bought one yet.
) No way I'm paying cash. But that's just me.
FWIW, I never meant for this thread to be about me. No need to treat my post as such. I was just trying to share what I learned. That's all, really.