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Why Getting A Boat Loan May Be Easier Than You Think | Boater Pal

Why Getting A Boat Loan May Be Easier Than You Think | Boater Pal

Skip to contentThe world of financing can oftentimes appear to be much more intimidating than it really is. Many people have dreams of getting their next toy but have no idea how to go about it. What happens when I want my dream boat, is it hard to get a boat loan?Not at all! Getting your very own boat loan has never been easier, consumers have more than enough options when it comes to securing financing on their own terms. Although, it’s safe to say that it may be slightly more difficult than finding an auto loan.Boat loans work much like auto loans in that a borrower can have a bank pay...

July 15, 2022
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Buy Or Rent A Boat: Which Is Better For You? | Boater Pal

Buy Or Rent A Boat: Which Is Better For You? | Boater Pal

Skip to contentIn my opinion, the best thing to do is to rent a couple of different kinds of boats for your first season of boating. If you enjoy boating enough, purchase a boat similar to the rental you liked the most the next season. Also, buying a used boat will save you a lot of money and will require a lot less time for the purchase to be worth it instead of just renting.For a very long time, it has always been quite hard to find boats for rent. For many hard-working people, a rental would be perfect as they don’t have the free time for a boat to be a smart investment, yet they still...

December 27, 2021
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How Much Boat Can You Afford? (Simple Calculator) | Boater Pal

How Much Boat Can You Afford? (Simple Calculator) | Boater Pal

Skip to contentUnless you are purchasing a boat for business reasons, getting one is a pretty big luxury. So much in fact that only 1 in 10 U.S. households own a boat. Affording one is not easy, but in this article, I will tell you exactly how much you can afford. So how much can you afford?Most people can afford a boat that has a monthly payment of 10% or less than their monthly income. Keep in mind, monthly payment includes more than just loan payment, they also include storage costs and don’t rule out fuel and maintenance costs as well.The 10% or less rule may not apply to everyone...

December 30, 2021
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How Windy Is Too Windy For Boating? | Boater Pal

How Windy Is Too Windy For Boating? | Boater Pal

Skip to contentWind will always be a major factor in how well your time on the water will be. No matter the size of the boat, it’s important to check wind and wave forecasts before you go boating. You don’t want to end up like this dude:So, how windy is too windy for boating? The answer obviously depends on the size of your boat and the size of the waves but in general, wind speeds over 20 knots (23 mph) are too windy for boating. At this wind speed, almost all size boats will be greatly affected, and smaller boats may even be in danger of capsizing.This number is not the same for every...

April 15, 2021
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