How to finance the purchase of a boat?

2024-04-27T14:32:04.000Z

How to finance the purchase of a boat?

Despite the end of the reduced VAT rate on the pleasure boats since November 1st, decided by the State, LOA remains an effective financing method to acquire your vessel and enjoy the pleasures of navigation.


Here are the steps:

→ You choose a boat, sailboat, rigid inflatable boathull, open
→ The leasing company assumes the payment
→ The credit institution, owner, rents the property to you for the period specified in the contract
At the end of the contract, you become the owner by exercising the purchase option.

Euronautic at Port Camargue - Grau-du-Roi (30)In collaboration with its partners, it offers its assistance to provide you with the best solutions and a customized leasing.

What is a LOA?

The Rent with Option to Buy (ROA) or leasingpleasure boat is a financing agreement^*concluded between you and a credit institution

The lease purchase option allows you to finance your future new vessel (or second-hand if still subject to VAT at the time of purchase and eligible for leasing): semi-rigid, hull, multihull, dinghy, sailing yacht... You can even add the equipment of the vessel (fishfinder, VHF, dinghies, sails, etc.) or any other equipment and insure it with the lessor (packages are available for this purpose).

Euronautic located in Port Camargue (surrounded by credit companies, specialized in marine financing) trustworthy and committed to fully satisfying you from the start of your project until the handover of the keys.

To give you a very specific example, if you choose the CGI Company as the credit institution and your purchase concerns a new boat between 10,500 euros and 400,000 euros, a very attractive LOCASSURANCE package is offered so that you, your family, and friends can sail with complete peace of mind!

This exclusivity* covers the following services:

* according to the chosen offer and within the limits and conditions provided in your contract.

I WANT A SIMULATION!

How much does a boat lease contract cost?

 
Your file review (excluding the requested documents) is carried out according to:

Purchase price of the boat and equipment
The rental period (generally) between 4 and 15 years
The option to purchase at the end of the contract (unless you opt for a package)
The regulation of current rates
Your personal contribution paid as a first installment increased
Insurance guarantees with a company of your choice

Subject to approval by the credit institutions, your leasing (LOA) contract remains modular up and down, adaptable, early partial regulations, evolutive, integration of new equipment, and transferable to the buyer if you decide to sell your boat.

With this contract, am I the owner of my boat?

The credit company is purchasing the vessel, so you remain tenant until the end of the contract. This status provides significant advantages: no impact on your taxation. The vessel is not included in your assets, and you save your savings to keep it.

To become an owner, you can therefore, if you wish, remove the purchase option at the end of the rental period or settle the remaining rents in advance (conditions described in the contract). From then on, your boat will become part of your assets.

You understand it, so that your dream comes true. The Lease with Purchase Option agreement is an interesting solution to finance your next one.new motorboat.

Many boaters choose this solution. Why not you?

Because you remain our primary concern, Euronautic at Port Camargue (30) is fully listening and at your disposal to advise, support, respond to your expectations, and successfully carry out your project.

Come visit us in our showroom at Port Camargue 30240 Le Grau-du-Roi to discuss.

CONTACT US!

A credit is binding and must be repaid. Verify your repayment capacity before committing.