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Get ready for financial advising 101 for even considering a loan. |
LOL, yeah I am waiting for the "never finance" police to come out. However, the biggest argument against financing is most say never finance a depreciating asset. A slip is deeded ~quasi-realestate, and could potentialy increase.
I'm just getting tired of spending thousands a year on a slip with nothing to show for it.
Source: http://www.thehulltruth.com/boating-forum/492333-boat-slip-financing.html
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