Do I have to purchase a boat through an authorized dealer in order to get boat financing?
No, you can buy your boat from a dealership or a private party when you get a new or used boat loan from Nationwide Bank.
After I’m approved, how quickly can I get a check?
After you fill out the loan application online and you’re approved, we’ll send you boat loan documents to read, sign and return. Once we receive your signed documents, you’ll get a check in two business days.
Is it possible to pay off my boat loan early?
Yes, you can pay off your loan early with no penalties.
How much is my current boat worth?
If you’re going to trade in your current boat or sell it to another person, it’s important to know a fair asking price. Use websites like nada.com to find out what your boat is worth.
What isn’t included in the price of my boat?
After you’ve negotiated a fair deal, you may be surprised to find yourself writing a check for more than you thought. When you buy a boat, be sure to factor in:
- Sales tax
- License and registration fees
- Dealer administrative fee
- Extended warranty, if you purchase one
Don’t forget that Nationwide can provide you with the insurance you need to stay protected on the water. Request a boat insurance quote from Nationwide Insurance today.