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Marine loans for boats also appear to carry 10-20 year terms. Value being subjective and all, if you find the juice tasty enough then it must be worth the sque
by gentooflux 1y ago
Marine loans for boats also appear to carry 10-20 year terms. Value being subjective and all, if you find the juice tasty enough then it must be worth the squeeze.
Car loans have a bit more of an inherent predatory bent since most Americans need a car to get by. That's not to say we all need a car which costs so much that an 84 month term becomes worth considering...
- garciasn 1y agoBoats here cost the same as a car and more, but because they are used far less and have a high resale value (Minnesota has a lot of lakes and a culture centered around water and boating) it might make sense. I bought a 20yo pontoon for $10K and I could sell it tomorrow for $5K more than I paid for it two years ago. I cannot do that with a car. No way; no how.