What's better than getting your adrenaline pumping when you land your latest trick or the thrill of a great run on your skis or wakeboard? If you're a Powersports enthusiast like us, the answer is not much. And if you're in the market to purchase or upgrade your ski boat, a Synchrony loan may help you finance your thrill and all the gear you need too.
Financing can offer flexible terms, allowing you to pick a boat you love from the brands you trust and pay back the loan over time with manageable monthly payments that may help fit your budget. You can also purchase accessories and gear you want when you purchase your vehicle. And if you’re in the market for accessories after your purchase, you can use the Synchrony Outdoors card to get the gear your need at any time.*
A Synchrony loan offers flexible terms, allowing you to pay back the loan over time and make convenient monthly payments.* You can also use the loan for approved accessories and gear you may want at the time of vehicle purchase.
Ready to get on the water? Find a dealer near you that accepts Synchrony financing.
If you've financed a car, you already know what to expect when you finance a boat. Rather than paying the total cost outright, a loan allows you to borrow money from a lender and pay back the amount (with interest) in equal monthly installments.
To get approved, you may need a down payment—a lump sum of money you pay upfront for the purchase. You could expect to put down about 10% to 20% of the boat's cost, although if you're buying it new, you might be able to find a low- or no-down-payment offer depending on the dealership's promotions.1
Whether you're buying a new or used boat, you may still be able to finance your purchase. Financing a new boat is typically simple since you can work directly with the dealer. And while financing a used boat can be slightly more complicated, but it’s still possible for private or dealer sales. Also, depending on the age of the boat, a used boat loan may have a shorter term than a new boat loan.
Ski boat loans can help you afford key accessories like a wake shaper, padded swim platform, more powerful battery, or an upgrade to the all-important stereo system. And if you want a trailer for your new ski boat, we partner with over 700+ trailer manufacturers to offer affordable financing for all types of trailers too.
Whether you're using them for skiing, tubing, or wakeboarding, all ski boats are fairly small and maneuverable. Many ski boats hold eight people or fewer. They're about 16 to 28 feet long and easy to trailer from one location to the next.2
Here's an overview of popular ski boat options:
In most cases, you'll need to put down 10%-20% of the boat's purchase price.1
At Synchrony, we help finance marine products for up to 15 years.*
With Synchrony, getting started with personal watercraft financing is simple. Talk to your favorite enrolled dealer. When you apply for a Synchrony loan using our digital application you'll need to provide your:
*Offer subject to credit approval by Synchrony Bank.
**Subject to credit approval. See Synchrony Outdoors | Synchrony for details.