Dunbar Yachts
Boat Financing
Financing can make it easier to get into the right boat while keeping your purchase aligned with your financial goals. Dunbar Yachts can help you understand the marine financing process and connect you with experienced marine lending resources, including Elite Recreational Finance.
Whether you’re purchasing a new or pre-owned boat, we’ll help make the process clear and straightforward from application through closing.
Understanding Marine Financing
Marine Financing Made Simple
Marine Lending
Boat financing is different from traditional auto financing. Marine lenders specialize in recreational vessels and understand the unique considerations involved in purchasing and financing a boat.
Our team can help connect you with lending professionals who can explain available programs and help determine which options may fit your purchase.
Loan Structures & Terms
Marine loans typically involve a combination of the purchase price, down payment, interest rate, and loan term. Available structures and rates will vary based on factors such as the vessel, loan amount, credit qualifications, and lender requirements.
Longer loan terms may be available for qualifying boat purchases, allowing buyers to spread payments over a longer period.
Down Payments
Required down payments vary depending on the lender, boat, purchase price, and buyer qualifications. A marine lending specialist can review your individual purchase and explain the options available to you.
New vs. Used Boat Financing
Financing may be available for both new and pre-owned boats, although available rates, terms, and requirements can differ based on the vessel’s age, condition, value, and other lending criteria.
We’ll help you understand the process based on the boat you’re considering.
Trade-Ins
Have a boat to trade? Qualifying trade-ins can help simplify your next purchase. Dunbar Yachts can evaluate your current vessel and discuss how its trade-in value may be applied toward your next boat.
Documentation & Closing
Our team can help coordinate the documentation required to complete your boat purchase and work with the appropriate parties throughout the financing and closing process.
Boat Payment Calculator
Estimate Your Boat Payment
Use our Boat Payment Calculator to explore estimated monthly payments based on your anticipated purchase price, down payment, interest rate, and loan term.
Ready to Get Started?
Ready to Explore Your Financing Options?
Whether you’re still comparing boats or you’ve already found the one you want, our team can help you take the next step.