Besides, if the buyer can't come up with his own financing, he's probably a pretty bad risk for the owner to finance, don't you think??[/B][/QUOTE]
Dog--in this current credit freeze I do not think that is always true. If people with 700 credit cant get an auto loan, it certainly is a tight squeeze. Also its a proven fact that boat and RV loans historically have been loans that have low default rates.
As one of the other posters said, I would agree that a 20 yr loan might be a bit much for most sellers but a few yrs till a boat could be refinanced would seem to make sense if you want to sell in this market.