|
Home | Forums | Gallery | Webcams | Blogs | YouTube Channel | Classifieds | Calendar | Register | FAQ | Donate | Members List | Today's Posts | Search |
|
Thread Tools | Display Modes |
04-23-2019, 08:18 AM | #1 |
Senior Member
Join Date: Aug 2017
Posts: 578
Thanks: 130
Thanked 258 Times in 161 Posts
|
Boat lease?
Just curious - why don't boat dealers lease boats rather than just sell them? My guess is that it would be popular. Less money down and the ability to "trade up" every few years.
It wouldn't make sense for me, just as leasing a car doesn't, but I am guessing it would make sense for many. Boat clubs are a great option for some, but it's not quite the same as having your own boat. |
04-23-2019, 08:22 AM | #2 |
Senior Member
Join Date: Sep 2008
Location: Meredith Bay & LI, NY
Posts: 3,220
Thanks: 1,206
Thanked 1,007 Times in 648 Posts
|
It is more than likely not the dealers that have an issue with leasing but the finance companies.
As we all know boats depreciate extremely quickly, even more so than cars and that would create a tremendous amount of financial risk for the banks thus increasing interest rates and shorten payout terms that really would not be too advantageous over a purchase. |
The Following User Says Thank You to joey2665 For This Useful Post: | ||
Garcia (04-23-2019) |
Bookmarks |
|
|