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.
Norfolk 1
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Marine Concepts
8172 Shore Dr, Norfolk, VA 23518-2431
Mon-Fri 9am-5pm
Occoquan 1
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Dominion Yachts
312 Poplar Aly, Occoquan, VA 22125-7748
Petersburg 1
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Chesdin Boat Sales
8724 Hickory Rd, Petersburg, VA 23803-1241
South Chesterfield 1
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Chesdin Boat Sales
8631 River Rd, South Chesterfield, VA 23803-3133
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Virginia Beach Watercraft Center
3716 Shore Dr, Virginia Beach, VA 23455-2922
Yorktown 1
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Dodd Marine
6326 George Washington Mem Hwy, Yorktown, VA 23692-2164
Mon-Fri 9am-5:30pm, Sat 9am-5pm
Also in Virginia
- Boat Dealers with Service & Repair38
- Used Boat Dealers37
- New Boat Dealers34
- Boat Dealers Offering Financing27
- Boat Dealers with a Parts Department19
- Boat Dealers with On-Site Storage15
- Boats for Sale and Marine Inventory12
- Center Console Boats for Sale and Service9
- Pontoon Boat Dealers8
- Boat Dealers Accepting Trade-Ins and Buyouts8
- New and Used Fishing Boats for Sale8
- Boat Winterization and Shrink Wrap7
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.
How to register a boat?
Boat registration is handled by state natural resources or motor vehicle departments upon submitting proof of ownership, a bill of sale, and required registration fees. After processing, you will receive official registration numbers and validation decals to display on your hull. Marine agencies across Virginia are available via BoatDealerAtlas with 6 local resources to guide your purchase.
How to get a boating license?
Obtaining a boating license generally requires completing an approved safe boating course online or in person, followed by passing a knowledge exam. Upon passing, state authorities issue a boater safety education card valid for life. Explore 6 marine services in Virginia on BoatDealerAtlas for local safety course recommendations.