Hi everyone, I’m going to buy a boat for $26k.
I know in this forum the mandatory jokes will be offered “money pit”, “find a mate who has one “,"Two best days" etc.
I need advice on a personal loan, best rate, lowest repayments
All these online enquires offer one rate on the front page and way more when you fill out the form.
Any insight would be appreciated…. Do they offer variable rates?
Thanks heaps guys.
You summed it up perfectly Hybroid.
OP should buy what they can afford (with cash on hand)
Best to buy a boat on a trailer and keep it under cover as these have minimal maintenance.
And interest rate depends very much on who you approach and personal financial circumstances.
But better not to go there.
At least look at packaging a new LC70 and a flashy Jet ski into the loan too!
Add in a holiday to Bali and few new tattoos as well.
Don't forget to finance the boob job for the missus so she doesn't feel left out.
Kill 2 birds with 1 stone, Mae West inserts.
Uncle Ian’s Offsider’s neighbour said he knows a bloke who knows a bloke
Have you tried the Victorian Liberal Party? $1.5M should get you a bigger boat.
/$
Liberal Party? $1.5M
Peanuts…
Try the Labor party… $5.0M house at Copacabana…
Comes with a free $100 million road upgrade…
Tsk-tsk that Albo. Doesn't work as hard as Scotty who was the Minister of Everything.
Albo. Doesn't work as hard
Probably because he's on holidays overseas most of the time…
Is he back yet?
@Caped Baldy: Albo can redeem himself if AUKUS is killed off. Either by him ( unlikely given the depth he is up americas warmongering arse ) or by Trump, in which case Albo could say it was his idea. At this point the entire oppositions heads would implode. Hastie would probably go psycho-commando and challenge the entire govt to a fully nude, sand dune relay.
BTW How is the Vic libs gall. Bailing out 'Pinocchio'' via $1.5M, or consider accepting whatsherfaces bent offer.Can't believe they are ven saying this stuff out loud.How do ppl justify donating to these idiots?
Oh and as for hose holding, clearly Dutton and Scomo are gifted in that dept. They went to Massacre Chussets., and returned with the AUKUS ball trap.
Afterpay. Split into 4 x $6500
Boats are awesome fun. I've only ever made money on boats. Buy from a desperate seller in the winter and sell a few years later in the summer when prices peak with desperate buyers.*
*I've only ever used my own money though
Buy high sell low makes cents , cheers
best time to buy jetskis is now
best time to sell jetskis is in spring
Look, I’m not saying my credit is bad although I
Maxed out my AMEX to get my hair replaced in Turkey, 2 years ago I got new fangs in Bangkok on afterpay and I’m saving for a penis enlargement
You and @Jimothy Wongingtons have more in common than I initially thought.
Whatever floats your boat scrote.
Are you trying to impress Tenille?
I’m going to buy a boat for 26k.
Don't
Before we answer your question, give us 10 good reasons why you need a boat, and what kind of a boat can you get for $26k anyway?
You can buy a Chinese EV for less
10 good reasons why you need a boat
bragging rights
This should be reason 1 and the only 1 required
Edit: I will also accept ‘peer pressure’ as a valid excuse
Go and see a broker
Bikies broker: ahhh fresh meat
The second best day of your life is when you buy your boat. The best day is when you sell it.
What do you have in cash ATM? Is this your first boat?
Depending on your needs you might get away is a used ~4.2m tinny runabout. Will cover most inshore and occasional offshore fishing
We bought a used boat for $13,000 a few years back. I’m pretty sure we have since spent more than $13,000 in total on repairs/maintenance. For example, the latest repair bill was $2,100……
In summary,
DON’T BUY A BOAT! (This would particularly be the case if you have to borrow money to buy the boat in the first place.)
Far out, what were the major items?
Exhaust manifolds alone are $5-8,000 and need to be changed every 5-6 years minimum.
Sounds like you purchased a lemon.
I’m going to buy a boat
Flex alert.
Lol,
Going into debt is one thing.
Going into debt for a boat is a whole other level
As far as terrible financial decisions go this has got to be up there.
If it (profanity), Flys or Floats - rent it.
Going into debt for a boat is a whole other level
what if it impresses the onlyfans content creator tho?
Apologies, you're quite right.
The Girlfriends gotta pay for her european holidays somehow.
Why were you unable to save 26k until now but you'll be fine paying off more than 26k in a loan?
Lmao
Donate your sperm to make extra money and save til you have the $26K
If you’re good at it, it should only take a few months
Don't they screen your sperm if they're going to pay for it?
Everyone wants sperm from> fake teeth, fake hair, fake penis, waste money guy.
A true ozbargainer would get a kayak or sailboat. The fuel is free, the exercise is real and the bragging rights come without a monthly repayment.
Motorboats are for the weak. Real men paddle or tack.
Warning: Serious answer.
Personal loans (secured and unsecured) rates are generally tied to your own personal credit history and your perceived risk.
Unlike a house, or credit card where the rates are determined by the products, you can't compare personal loan rates between people, or expect a standardised "best" rate because it will depend on your own personal circumstances and the bank's risk appetite on a given day.
You should buy a boat, they're loads of fun and a fantastic experience. You should NOT buy a boat when you cannot afford it and it's maintenance outright. The purchase price really is just the start of your costs.
Taking a personal loan to buy a money pit boat is next level antithesis-OzBargain…
Interest rate depends on things like your credit score, income, expenses and savings. What works for one person as cheapest offer may not be for your personal circumstances so you have to do the legwork based on your details.