What is the avg. term for boat loans?
Question by Lish: What is the avg. term for boat loans?
Since banks are closed today, does anyone know?
It is a 21 foot open bow baja. Just wondering since banks are closed.
Best answer:
It depends on the size of the boat and what you are doing with it. Small runabouts 4 years Larger boats like house boats could go up to 20 years. Commercial fishing boats 30 years or longer.
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