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Old 19-02-2009, 07:52   #1
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financing in the pacific north west???

Hello to everyone,
Do any of you readers know a good reliable finance company around portland oregon that I could get a boat loan from??
Any information that would help me would be greatly appreciated!!

Thanks,

Dustin
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Old 19-02-2009, 08:13   #2
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Now???- I would supect no one is loaning money on boats right now- the banks are all tanking and likly going to be taken over by the Goverment soon- I really wish you good luck in finding a loan- I would ask for owner finiceing until the market shakes out
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Old 19-02-2009, 08:25   #3
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Not sure..

Not sure of anyone's lending status right now. As I read in the paper everything has tanked...on the other hand, two days ago I couldn't find a parking spot at the mall! I guess everyone was going in to watch everyone else not spend money...so confusing. Anyway...some say you can get financing depending on credit, others say nada ...none available.

In the past, Key bank was a pretty good source for boat loans.

Luck to you.

Ray and Sandy on
S/V Pure Joy
Olympia, WA.
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Old 19-02-2009, 08:49   #4
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Quote:
Originally Posted by dustin awesome View Post
Do any of you readers know a good reliable finance company around portland oregon that I could get a boat loan from??
In this economy??
Ha ha ha ha ha ha ha ha.

Oh...um, you are serious? Sorry - can't help.
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Old 19-02-2009, 11:18   #5
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Have you tried some of the ads in 48 North and lat 38?
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Old 19-02-2009, 12:02   #6
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S0000000000000

Without loans available, is the boat industry going to go belly up now. They are going to need a bail out too!

I'm sure if one has enough cash down one can get a finance from most anyone.
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Old 19-02-2009, 17:09   #7
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thanks everyone for your repllies.....
just because the economy sucks, doesnt mean i have to stop dreaming ...but i can see it trying to wake me up more often..
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Old 19-02-2009, 20:35   #8
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Hey dustin awesome,

Not sure what everyone is talking about- we closed on a boat loan just 2 1/2 weeks ago. People who do boat loans need to sell new loans- that's how they make their money.....Anyway, we used a national bank, but our buyer's broker said he had a few companies he worked with that were giving out some good boat loan deals. Maybe you could try talking to a buyer's broker and pick his brain on some good sources of financing in your specific area. Good luck!
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Old 19-02-2009, 21:38   #9
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Talking

thank you
thank you
thank you
thats exactly what i need- encouraging advice!
even though times are super tough dreams are what gets us through....

thank you geopowers!


and to you charlie- i just picked up the february edition of 48 north and will be checking the ads this evening... thanks
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Old 21-02-2009, 15:34   #10
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Is this a meets and greets thread?

regards,

JohnL
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Old 22-02-2009, 07:10   #11
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You can also look for owner financed. With the downturn in the economy selling a boat becomes also difficult and since people are getting squat in the banks for their savings some have taken to financing a boat or a house they wish to sell while charging a higher interest rate than they would have gotten elsewhere.
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