The only way you could even attempt to make an argument at a case where it makes sense is in a situation where the buyer has the cash on hand, but instead of paying cash, they finance the toy and invest the cash somewhere with an ROI enough to offset the interest rate on the payments they're making on the toy, and the investment still be liquid enough that they could cash out and pay off the toy at a moment's notice if necessary.
that is not the case for 99.999% of buyers financing a boat for 15 years.
Now, if you want to talk about a buyer putting a large percentage down, and then financing it for a few years so that their equity stays ahead of the depreciation....still wouldn't be my cup of tea but it at least wouldn't be insane like the 15+ year deals out there
Last edited by GomerPyle; 04/08/24 04:59 PM.
