Boat Financing
Most buyers finance, and the right lender makes a difference. We work with marine lenders who understand South Florida boating, submit your application to several of them, and bring you the terms so you can compare before you commit.
How It Works
- 1
Submit your credit app
Tell us which boat you're interested in and complete a short credit application.
- 2
Review your terms
We shop your application and bring back rate, term, and monthly payment so you can compare before you commit.
- 3
Take delivery
Sign your paperwork, set up insurance, and we'll hand you the keys.
Estimate Your Payment
Move the numbers around and see where you land. When you find a payment that works, jump straight to the boats in that range.
This is an estimate for planning purposes only. It is not an offer of credit or a guarantee of terms. Actual rate and payment depend on lender approval, credit history, boat age, loan amount, and term. Taxes, registration, insurance, and fees are not included.
Top Tier Marine × Newcoast
Top Tier Marine partners with Newcoast for marine financing because of their commitment to providing our customers with a seamless, personalized experience. As marine lending specialists, Newcoast works with multiple lenders to find competitive financing options tailored to each buyer.
Apply OnlineWhat to Have Ready
You won't need these to pre-qualify. Have them on hand when you're ready to complete the full application.
- Photo ID
- Proof of income: recent pay stubs, or two years of returns if you're self-employed
- Insurance information for the boat
- Trade-in details, if you have one: year, make, model, hours, and any loan balance
Your Trade Is Your Down Payment
Equity in your current boat goes straight against the new one, which lowers your loan amount and your monthly payment. Get a real number before you plan around a guess.
Value My TradeFinancing Questions
Boat loans typically range anywhere from 10 to 20 years, depending on whether the boat is new or pre-owned and the price point of the boat. We'll show you what your options look like at a few different terms so you can see the tradeoff between monthly payment and total interest.
Yes. Older boats can carry different rates and shorter terms than new ones, but pre-owned financing is routine.