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CaptCrunch

RO# 32171



Posted - Apr 26 2013 :  06:46:31  Show Profile  Reply with Quote
Any recomendations on who to use? I'm considering repowering the Donzi to take care of all the issues I appear to have bought. Looking for terms of about 60 months 20k.
25 Chris Craft Crowne Totalled Hurricane Sandy
2000 Donzi Z32 SS "Blue Agave"

Homeport: Bellmore, NY

Mike_R

RO# 32823

Posted - Apr 26 2013 :  08:24:08  Show Profile  Reply with Quote
Sterling has done this for friends of ours. It was not just the repower, they did a re-finance and rolled in the cost to re-power. Perhaps your current lender. Apparaisal needs to support the additional $$. Possible home equity line? Rates will likely be better.
Mike


Yesterday's Dream
2005 Silverton 34C
Island Cove Marina
Old Saybrook, CT

Homeport: CT Go to Top of Page

Gregory S

RO# 2620



Posted - Apr 26 2013 :  08:55:13  Show Profile  Reply with Quote
I've had good results with Sterling Acceptance also. Like Mike said though, "the appraisal needs to support the additional $$." I'm not sure that a repower will increase the value of the boat as the boat's value assumes 2 engines in good working condition.


Edited by - Gregory S on Apr 26 2013 08:59:05

Homeport: Norfolk, Va Go to Top of Page
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