42 Fountain Poker Run Edition

525 Hp of 8.2 (502) Mercruiser sterndrive

Reggie Fountain offers his 42 boat set-up for serious GofastBeLoud fun with two 525 Hp 502 Mercury Marine cast and built from scratch new engines. Mercruiser offers these same engines from as little as 380 Hp, to these hot rodded up 525 Hp engines, and then the same basic block engine, up to 700 hp with more hot rod parts and machine work. Mercruiser uses a different basic block of 551 cu. Inches for the next engine of 800 Hp.

42 Fountain Cockpit

Poker Run cockpit

One lender reported to seabuddy that “more than two $ million – less than five $ million” for him, personally, in loans are working right now from his latest boat show.

What are the going rates?

5.99% for twenty years is a great rate right now. A great rate in January, 2010 was 6.12%. When shopping for a rate, ask about how the percentage down payment to purchase price effects the rate, length of the loan, amount borrowed, documentation, home port…as all may influence your rate.

Note, there are also very special deals if you want comply with their terms and conditions. I heard some “wild to me” type of deals recently,  more along the lines of a commecial property structure style. But they do spark some interest as they really get the interest rates down.