Quote:
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"...MarineMax [publicly-traded boat sales company] seems to be shaking off the worst of it. The $1.2 billion corporation has more than 2,200 employees at 88 retail locations selling everything from $20,000 starter boats to multi million dollar yachts..." www.discoverboating.com
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A "starter-boat" at $20,000?
I'm seeing NH-registered large boats with a "
B?" suffix following the registration number—mostly. (Example: NH 1234
BK). It follows that the higher the letter, the newer the boat. (My boats all have registrations in the "
A"s, and have never owned a "
B" boat).
New boats are purchased on credit, right? Wouldn't a
credit card with adjustable rate mortgages (ARM), or an
equity loan adjustable rate mortgages (ARM), tend to "rate-creep"?
Could ARMs—and gas prices—
both be leveraging against vacations?
(We won't mention all those Massachusetts
houses with ARMs).
