Thursday, 14 March 2013

Boat Slip Financing??? - The Hull Truth - Boating and Fishing Forum

Quote:

Get ready for financial advising 101 for even considering a loan.


LOL, yeah I am waiting for the "never finance" police to come out. However, the biggest argument against financing is most say never finance a depreciating asset. A slip is deeded ~quasi-realestate, and could potentialy increase.

I'm just getting tired of spending thousands a year on a slip with nothing to show for it.

Source: http://www.thehulltruth.com/boating-forum/492333-boat-slip-financing.html

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