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  #1  
Old 08-24-2012, 10:42 PM
kalamalka kalamalka is offline
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paying for a new mc?

Was shopping with the wife today and needed a break so i went to our local dealer across the street from the mall, a much needed break. I just bought a second hand 06 x1 last year and love it. Only 300 hours and i plan to have it for many years to come. i was floored with the prices on the new x series models at the dealership today! i must make way less money than most folks or ive literally missed the boat somehow. I hope this isnt too forward of me to ask, but how are regular working people able to afford a new mc? does mc offer a low financing rate or is it only the rich buying new? ive taken into account that these are canadian prices, but im not sure that i could even qualify to buy a new one.
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Old 08-24-2012, 10:54 PM
mlawler34 mlawler34 is offline
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My guess. 30 year loans. You can get a mortgage on a new boat over 100k. Love my 04!
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Old 08-24-2012, 11:02 PM
kalamalka kalamalka is offline
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Are you kidding? that must be a US thing, i dont think a canadian bank would do that, but who knows? Monthly payments on the new x series boats must be huge
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  #4  
Old 08-24-2012, 11:23 PM
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mzimme mzimme is offline
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Quote:
Originally Posted by kalamalka View Post
Are you kidding? that must be a US thing, i dont think a canadian bank would do that, but who knows? Monthly payments on the new x series boats must be huge
We like to spend way out of our means down here. Afterall, when things don't work out we just ask for bailouts and make our great grandkids pay for our irresponsibility. U-S-A... U-S-A!!

Seriously though, the guy with the median income of roughly 44k can't afford these boats. Thank god for the used market.
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  #5  
Old 04-20-2013, 12:25 AM
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2012X45 2012X45 is offline
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Quote:
Originally Posted by mlawler34 View Post
My guess. 30 year loans. You can get a mortgage on a new boat over 100k. Love my 04!
30 years? I do not believe any bank is offering 30 year terms for a wakeboard boat.
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  #6  
Old 04-20-2013, 01:50 AM
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Retoxtony Retoxtony is offline
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I know in Canada the longest i've heard of is 20 years, which i think is way too long. I think if you have to finance a boat for that long you cant afford it.

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Originally Posted by 2012X45 View Post
30 years? I do not believe any bank is offering 30 year terms for a wakeboard boat.
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  #7  
Old 04-21-2013, 10:33 PM
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2012X45 2012X45 is offline
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Originally Posted by Retoxtony View Post
I know in Canada the longest i've heard of is 20 years, which i think is way too long. I think if you have to finance a boat for that long you cant afford it.
Amen.
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  #8  
Old 08-24-2012, 11:07 PM
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broncotw broncotw is offline
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No doubt MasterCraft is marketing their boats to the financially elite... Even a bottom of the line Prostar 190 is out of the price range of the middle class.... These new boats are loaded with so much unnecessary crap it's almost comical.... I have made some awesome deals on several used MasterCrafts....
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  #9  
Old 08-24-2012, 11:27 PM
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Nick911 Nick911 is offline
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What dealership were you in Kalamalka?
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  #10  
Old 08-25-2012, 12:05 AM
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pram pram is offline
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Quote:
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What dealership were you in Kalamalka?
He must have been at Rayburns I am guessing
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