Tips, guides, and local know-how from The Boat Broker, the Lake Havasu brokerage for boats, RVs, and classic cars since 1986. Whether you are buying your first boat, getting ready to sell, or planning your next day on the Colorado River, our team shares what we know right here.
Arizona boat registration fees are based on the length of the vessel. Most recreational boats fall in the $20-$60 per year range. New boat registrations…
Lenders focus on your debt-to-income ratio (DTI) more than raw income. If your existing monthly debt payments plus the new boat payment stay under 43%…
Missing a payment triggers late fees (typically $25-$50 or 5% of the payment amount) and a hit to your credit score after 30 days. After…
Yes — a home equity loan or HELOC is a common way to finance a boat purchase. The interest rate is often lower than a…
Most marine lenders cap loan-to-value (LTV) at 80-90% of the boat's appraised or purchase value, whichever is lower. Some lenders will go to 100% LTV…
Zero-down boat financing exists but is rare and requires excellent credit (740+), a strong income, and a newer boat with low depreciation risk. Most lenders…
It depends on the lender and boat age. Most lenders require a marine survey on boats over 10 years old or valued above $50,000. A…
Boat loan interest rates vary with the market but generally run between 6% and 12% for most borrowers. Buyers with excellent credit (720+) financing newer…
Yes. If your credit score has improved, interest rates have dropped, or you want to extend your term to lower monthly payments, refinancing a boat…
Typical boat loan applications require: government-issued photo ID, proof of income (two recent pay stubs or two years of tax returns if self-employed), proof of…
