News & Tips
SCCU’s Five-Minute Guide to Buying a Boat
You are going to have thousands of options to choose from when shopping for a boat, with price points ranging from economical to astronomical. It’s important to know what you can comfortably afford before you begin your search. Here are just a few things to keep in mind that are just as important as your monthly boat loan payments:
- Initial Down Payment
- Fuel Costs
- Regular Maintenance Costs
- Monthly Insurance Costs
- Transportation to/from the Water
- Docking Fees
You can expect the pre-approval process to take as little as 10 minutes, but rest assured, we will spend all the time needed to answer any questions you may have.
Once you’re pre-approved, it’s as simple as picking out your boat and providing us with a purchase contract. From there, our team of experts can take over.
On top of the great personal care we strive to provide, we are also one of the most competitively priced lenders in the boat loan market. We want our members to have the convenience of financing their recreational vehicles, cars, and homes all in one place–and we accomplish this by consistently scanning the market to ensure our members can finance their boats at a fair price. From small fishing boats to million dollar yachts, we have you covered. You can learn more about financing a boat with this guide here.
Ready to get pre-approved? Click the button below and set sail!