IIRC, Yamaha Financial Services will finance these, but not with an installment loan, it’s basically (or perhaps actually) a revolving credit card account.
Even if you could use a Jet Runner as collateral, it would be cost prohibitive to repo (good luck finding it).
I also imagine that the default rate on a loan or lease would be astronomical on these, compared to a car.
Have you seen any on dealer lots? I just went through a two month search in my region and my initial calls started with them laughing. Everyone that comes in is spoken for or custom order from close to last year.
Ok I’m intrigued…. Why is that? They think you’re intoxicated? Telling you to slow down? Or just plain… boredom? Never had a watercraft so curious as to why they’d go through this.
Have owned PWC and multiple boats. Never pulled over on boats. Pulled over a few times on PWC to “check registration”. They are definitely LEO magnets.
In fairness, there is a reason the term “water lice” was coined. PWC riders can be some of dumbest, most inconsiderate people on the water. Can’t tell you how many I’ve almost killed in a boat because they will ride directly across the bow of a boat doing 50 MPH+ across open water in Havasu or Parker.
The couple of Sea Doo watercraft we had would do well in excess of 70 mph. Wickedly quick, wickedly maneuverable, as in turn on a dime and give change.
In Minnesota where we live: “Must travel at slow-no wake speed (5 mph or less) within 150 feet of: shore (except when a PWC is launching or landing a water skier by the most direct route to open
water), docks, swimmers, swimming rafts, any moored or anchored watercraft or nonmotorized watercraft.
Cannot weave through congested watercraft traffic or jump the wake of another water-
craft within 150 feet of the other boat.
May only operate between 9:30 a.m. and one hour before sunset.”
So, basically everywhere people wanna ride, it’s no wake speed. Yes, they also think you’re drinking, most are. I’m almost 60, haven’t had a drink for 22 years. They can’t be ridden at night or before mid-morning.
I’ve ridden motorcycles my whole life, still do. I had personal watercrafts for about 20 years. Don’t miss them a bit.
As far as I know there is no leasing options. Especially when you can put minimal down do a 96 month loan and be in the 200’s on a payment.
Basically you have to finance and if you choose to finance, I know with Yamaha it works in essence similar to a credit card where the loan isn’t necessarily tied to the Ski.
Luckily I was able to get a good deal on my 2020 GP1800R SVHO last season but I know inventory was depleted and this season I heard it’s even worse with inventory.