Powersport Loans
Powersport
At OE Federal, we get that work hard and play harder comes in a number of forms; that’s why we offer loans to cover all of your hobbies! Whether you’re needing a new boat to up your fishing game or a snowmobile to get you around the mountains, we can help get you out there doing what you love without breaking the bank.
- Speedboats, fishing boats & jet skis
- ATVs, dirt bikes & snowmobiles
- Horse trailers without living quarters
- Pre-approvals available
- Buy new or used
New Boats
| MAXIMUM TERM | ANNUAL PERCENTAGE RATE |
| 0-48 months 2 | 6.99% to 17.99% |
| 49-60 months 4 | 7.49% to 17.99% |
| 61-72 months 5 | 7.99% to 17.99% |
| 73-84 months 6,9 | 8.99% to 11.49% |
| 85-120 months 7,9 | 9.49% to 11.74% |
| 121-180 months 8,9 | 9.79% to 11.99% |
MAXIMUM AMOUNT
Up to 100% of Dealer MSRP (NADA clean retail value if MSRP is not available), not to exceed documented purchase price. Includes license fee, warranty, and sales tax.
Loan Payment Example: $23.94 per month per $1,000 borrowed at 6.99% APR for 48 months
2 Minimum loan amount $2,500 | 4 Minimum loan amount $7,500 | 5 Minimum loan amount $15,000 | 6 Minimum loan amount $35,000 |
7 Minimum loan amount $60,000 | 8 Minimum loan amount $100,000 | 9 Term available for tiers 1 through 3 only
*All rates and terms are dependent on credit worthiness.
Information accurate as of September 7, 2023.
Used Boats
| MAXIMUM TERM | ANNUAL PERCENTAGE RATE |
| 0-48 months 2 | 6.99% to 17.99% |
| 49-60 months 4 | 7.49% to 17.99% |
| 61-72 months 5 | 7.99% to 17.99% |
| 73-84 months 6,9 | 8.99% to 11.49% |
| 85-120 months 7,9 | 9.49% to 11.74% |
| 121-180 months 8,9 | 9.79% to 11.99% |
LOAN TYPE
15 model years or newer
MAXIMUM AMOUNT
Up to 100% of Dealer MSRP (NADA clean retail value if MSRP is not available), not to exceed documented purchase price. Includes license fee, warranty, and sales tax.
Loan Payment Example: $23.94 per month per $1,000 borrowed at 6.99% APR for 48 months
2 Minimum loan amount $2,500 | 4 Minimum loan amount $7,500 | 5 Minimum loan amount $15,000 | 6 Minimum loan amount $35,000 |
7 Minimum loan amount $60,000 | 8 Minimum loan amount $100,000 | 9 Term available for tiers 1 through 3 only
*All rates and terms are dependent on credit worthiness.
Information accurate as of September 7, 2023.
Other Collateral (New)
| MAXIMUM TERM | ANNUAL PERCENTAGE RATE |
| 0-48 months 2 | 6.99% to 17.99% |
| 49-60 months 4 | 7.49% to 17.99% |
| 61-72 months 5 | 7.99% to 17.99% |
| 73-84 months 6,9 | 8.99% to 11.49% |
| 85-120 months7,9 | 9.49% to 11.74% |
| 121-180 months8,9 | 9.79% to 11.99% |
LOAN TYPE
Personal watercraft, Dirt Bikes, and Off-Road Vehicles such as ATV’s.
MAXIMUM AMOUNT
Up to 90% of Dealer MSRP (NADA clean retail value if MSRP is not available), not to exceed documented purchase price. Includes license fee, warranty, and sales tax. Maximum Loan: $25,000
Loan Payment Example: $23.94 per month per $1,000 borrowed at 6.99% APR for 48 months
2 Minimum loan amount $2,500 | 4 Minimum loan amount $7,500 | 5 Minimum loan amount $15,000 | 6 Minimum loan amount $35,000 |
7 Minimum loan amount $60,000 | 8 Minimum loan amount $100,000 |9 Term available for tiers 1 – 3 only
*All rates and terms are dependent on credit worthiness.
Information accurate as of September 7, 2023.
Other Collateral (Used)
| MAXIMUM TERM | ANNUAL PERCENTAGE RATE |
| 0-48 months 2 | 6.99% to 17.99% |
| 49-60 months 4 | 7.49% to 17.99% |
| 61-72 months 5 | 7.99% to 17.99% |
| 73-84 months 6,9 | 8.99% to 11.49% |
| 85-120 months7,9 | 9.49% to 11.74% |
| 121-180 months8,9 | 9.79% to 11.99% |
LOAN TYPE
15 model years or newer. Personal watercraft, Dirt Bikes, and Off-Road Vehicles such as ATV’s.
MAXIMUM AMOUNT
Up to 90% of Dealer MSRP (NADA clean retail value if MSRP is not available), not to exceed documented purchase price. Includes license fee, warranty, and sales tax. Maximum Loan: $25,000
Loan Payment Example: $23.83 per month per $1,000 borrowed at 6.99% APR for 48 months
2 Minimum loan amount $2,500 | 4 Minimum loan amount $7,500 | 5 Minimum loan amount $15,000 | 6 Minimum loan amount $35,000 |
7 Minimum loan amount $60,000 | 8 Minimum loan amount $100,000 |9 Term available for tiers 1 – 3 only
*All rates and terms are dependent on credit worthiness.
Information accurate as of September 7, 2023.
Related Products and Services
Motorcycle Loans
Learn MoreRV Loans
Learn MoreAutoSMART
Learn MoreCollateral Protection Insurance
Learn MoreDebt Protection
Learn MoreBlog
Learn MoreNew Boats
| MAXIMUM TERM | ANNUAL PERCENTAGE RATE |
| 0-48 months 2 | 6.99% to 17.99% |
| 49-60 months 4 | 7.49% to 17.99% |
| 61-72 months 5 | 7.99% to 17.99% |
| 73-84 months 6,9 | 8.99% to 11.49% |
| 85-120 months 7,9 | 9.49% to 11.74% |
| 121-180 months 8,9 | 9.79% to 11.99% |
MAXIMUM AMOUNT
Up to 100% of Dealer MSRP (NADA clean retail value if MSRP is not available), not to exceed documented purchase price. Includes license fee, warranty, and sales tax.
Loan Payment Example: $23.94 per month per $1,000 borrowed at 6.99% APR for 48 months
2 Minimum loan amount $2,500 | 4 Minimum loan amount $7,500 | 5 Minimum loan amount $15,000 | 6 Minimum loan amount $35,000 |
7 Minimum loan amount $60,000 | 8 Minimum loan amount $100,000 | 9 Term available for tiers 1 through 3 only
*All rates and terms are dependent on credit worthiness.
Information accurate as of September 7, 2023.
Used Boats
| MAXIMUM TERM | ANNUAL PERCENTAGE RATE |
| 0-48 months 2 | 6.99% to 17.99% |
| 49-60 months 4 | 7.49% to 17.99% |
| 61-72 months 5 | 7.99% to 17.99% |
| 73-84 months 6,9 | 8.99% to 11.49% |
| 85-120 months 7,9 | 9.49% to 11.74% |
| 121-180 months 8,9 | 9.79% to 11.99% |
LOAN TYPE
15 model years or newer
MAXIMUM AMOUNT
Up to 100% of Dealer MSRP (NADA clean retail value if MSRP is not available), not to exceed documented purchase price. Includes license fee, warranty, and sales tax.
Loan Payment Example: $23.94 per month per $1,000 borrowed at 6.99% APR for 48 months
2 Minimum loan amount $2,500 | 4 Minimum loan amount $7,500 | 5 Minimum loan amount $15,000 | 6 Minimum loan amount $35,000 |
7 Minimum loan amount $60,000 | 8 Minimum loan amount $100,000 | 9 Term available for tiers 1 through 3 only
*All rates and terms are dependent on credit worthiness.
Information accurate as of September 7, 2023.
Other Collateral (New)
| MAXIMUM TERM | ANNUAL PERCENTAGE RATE |
| 0-48 months 2 | 6.99% to 17.99% |
| 49-60 months 4 | 7.49% to 17.99% |
| 61-72 months 5 | 7.99% to 17.99% |
| 73-84 months 6,9 | 8.99% to 11.49% |
| 85-120 months7,9 | 9.49% to 11.74% |
| 121-180 months8,9 | 9.79% to 11.99% |
LOAN TYPE
Personal watercraft, Dirt Bikes, and Off-Road Vehicles such as ATV’s.
MAXIMUM AMOUNT
Up to 90% of Dealer MSRP (NADA clean retail value if MSRP is not available), not to exceed documented purchase price. Includes license fee, warranty, and sales tax. Maximum Loan: $25,000
Loan Payment Example: $23.94 per month per $1,000 borrowed at 6.99% APR for 48 months
2 Minimum loan amount $2,500 | 4 Minimum loan amount $7,500 | 5 Minimum loan amount $15,000 | 6 Minimum loan amount $35,000 |
7 Minimum loan amount $60,000 | 8 Minimum loan amount $100,000 |9 Term available for tiers 1 – 3 only
*All rates and terms are dependent on credit worthiness.
Information accurate as of September 7, 2023.
Other Collateral (Used)
| MAXIMUM TERM | ANNUAL PERCENTAGE RATE |
| 0-48 months 2 | 6.99% to 17.99% |
| 49-60 months 4 | 7.49% to 17.99% |
| 61-72 months 5 | 7.99% to 17.99% |
| 73-84 months 6,9 | 8.99% to 11.49% |
| 85-120 months7,9 | 9.49% to 11.74% |
| 121-180 months8,9 | 9.79% to 11.99% |
LOAN TYPE
15 model years or newer. Personal watercraft, Dirt Bikes, and Off-Road Vehicles such as ATV’s.
MAXIMUM AMOUNT
Up to 90% of Dealer MSRP (NADA clean retail value if MSRP is not available), not to exceed documented purchase price. Includes license fee, warranty, and sales tax. Maximum Loan: $25,000
Loan Payment Example: $23.83 per month per $1,000 borrowed at 6.99% APR for 48 months
2 Minimum loan amount $2,500 | 4 Minimum loan amount $7,500 | 5 Minimum loan amount $15,000 | 6 Minimum loan amount $35,000 |
7 Minimum loan amount $60,000 | 8 Minimum loan amount $100,000 |9 Term available for tiers 1 – 3 only
*All rates and terms are dependent on credit worthiness.
Information accurate as of September 7, 2023.
Frequently Asked Questions
-
What is considered a new powersport?
Current and previous year are considered a new powersport.
-
How old of a powersport can I finance?
You can finance a powersport that is 10 model years old or newer.
-
Can I finance the trailer to haul my powersport?
The only trailers we finance are boat trailers and jet ski trailers.
-
Can I purchase from a private party seller?
Yes, you can use your loan to purchase from a private seller.
- What is AutoSMART?
-
What is CUDL?
CUDL stands for Credit Union Direct Lending. When it comes to powersports, CUDL is only offered for boat loans in CA, NV and OR. Most dealerships work with OE Federal to be part of the CUDL program to make the buying experience easier for you. At the dealership, you can request to finance directly with OE Federal.
-
Do I have to shop only at CUDL dealerships?
No, we work with non-CUDL dealerships too. To save time on your purchase, apply online ahead of time to have your pre-approval ready.
-
How do I get pre-approved for a loan?
Use any one of the following methods to start your pre-approval application:
- Complete an online OE Federal loan application by hitting the “Get Started” button above.
- Complete an online application through the AutoSMART program.
- Call us directly at (800)-877-4444.
- Come into any OE Federal branch and fill out an application in person.
-
How does a refinance work?
You’ll want to start by submitting an OE Federal loan application. Pending approval, you’ll need to contact your current lender and request a 10-day payoff letter. Once we receive the 10-day payoff letter and any remaining documents, we’ll send the payoff check to your current lender and they’ll send us the title.
-
Does OE Federal charge a fee to refinance?
OE Federal does not charge an additional fee to refinance your loan, however, sometimes there can be a DMV transfer fee which can be calculated prior to finalizing your loan.
-
How soon can I can refinance my loan?
As soon as you’re ready. Give us a call or stop by your local branch so we can walk you through the steps.
-
Are there any prepayment penalties?
No, you can pay off your loan as soon as you’d like without worry of being charged for it.