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Boat Dealers Offering Marine Loans and Financing in Key Largo, FL

3 of the 23 boat dealers we list in Key Largo have on-site boat loans and marine financing.

This section lists boat dealerships and marine brokers that offer in-house financing or direct loan processing with marine lenders. Loan terms for new and used vessels typically range from 10 to 20 years, with interest rates starting between 6.5% and 9.5% APR depending on credit qualifications. Most marine lenders require a down payment of 10% to 20% of the total purchase price prior to delivery.

  1. BTH Marine

    97951 Overseas Hwy, Key Largo, FL 33037-4009

    Mon 8am-5pm, Tue 8am-5pm, Wed 8am-5pm, Thu 8am-5pm, Fri 8am-5pm

    New boatsUsed boatsService deptPartsFinancing
    Call Website Directions

  2. East - Florida - Ocean Reef

    2 Fishing Village Drive, Key Largo, FL 33037

    Mon-Fri 9am-5pm, Sat 10am-4pm

    New boatsUsed boatsService deptFinancing
    Website Directions

  3. Nations Best Boats

    101851 Overseas Hwy, Key Largo, FL 33037-4580

    Mon-Fri 8am-5pm

    Used boatsService deptFinancing
    Call Website Directions
Check for pre-payment penalties and originations fees before signing a marine retail installment contract.

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Boat Dealers Offering Marine Loans and Financing near Key Largo

Good to know

What credit score is needed to qualify for a boat loan?

Most marine lenders require a minimum credit score of 660 to qualify for standard loan programs, with the lowest interest rates reserved for scores of 720 and above. Subprime lenders may accept scores down to 600, but typically require a 20% to 30% down payment and higher interest rates.

How long can you finance a new or used boat?

Standard loan terms for new boats range from 10 to 20 years (120 to 240 months), depending on the total loan amount. Used boats usually cap at 10 to 15 years, and loan amounts under $25,000 are typically limited to maximum terms of 5 to 7 years.

How much down payment is required for a boat loan?

A typical down payment ranges from 10% to 20% of the total vessel sale price, including options, sales tax, and registration. Lenders may request up to 30% down for older used boats, high-performance vessels, or applicants with limited credit history.