What about the note?

If you are financing with the broker - he will be making money on the note.

If you need to finance this boat, it sounds like you will need to finance a motor, too. Can you afford to do that? Honestly, xxx dollars a month seems worth it in September, but will not feel good December thru April when the boat is in your icy driveway and you are paying 2 dollars a gallon to heat your home.