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boatkid
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Reged: 03/07/2006
Posts: 258
New boat purchase - forget it
      #1908779 - 26/06/2008 19:17

started the process of changing for a bigger boat - nothing but hastle, basically broker wants to stuff me for trade in & sell me a boat that in the current climate is overpriced. not only that I am expected to buy a boat (36 foot) 60 miles from water and marina hoist without a sea trial. Far too many ifs & buts I'll stick thanks

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LittleShip
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Reged: 21/07/2003
Posts: 2824
Loc: In the water .... most of the ...
Re: New boat purchase - forget it [Re: boatkid]
      #1908785 - 26/06/2008 19:25

Been going through the same heartache myself, thought about changing and buying a new one................ more trouble than it's worth in the present climate.

Decided to stick with my old tub for a while longer and see what happens. I have however found a couple that have taken my eye but, alas not my money yet!

Tom

--------------------
I wish I'd been born rich instead of good looking ?


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alt
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Reged: 24/10/2006
Posts: 919
Loc: Éire
Re: New boat purchase - forget it [Re: LittleShip]
      #1908804 - 26/06/2008 19:39

If people are making it hassle - walk away. I've been lucky to find the seller directly of my next boat. He has kindly agreed to have the boat clean and presentable and ready for sea trial. He has offered to pay for the lift out etc.

The result is that he is going to sell his boat this weekend provided i'm happy with a sea trial. I will absolutily not go through a broker - no way in hell. I don't believe in giving someone 5-6% for doing sweet [--word removed--] all, and sometimes being arrogant at the same time


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realslimshady
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Reged: 31/07/2007
Posts: 171
Loc: Back garden.....
Re: New boat purchase - forget it [Re: alt]
      #1908816 - 26/06/2008 19:48

On this subject, have been window shopping myself this week...but tell me, how does the trade in/part exchange work, through a broker? If you're offered £x in part ex, does that mean the broker is buying your boat off you for that amount and you make up the difference in purchase price to the vendor?
Basically, unless I can part-ex mine, I won't be changing...


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Searush
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Reged: 14/10/2006
Posts: 4208
Loc: k up if caught.
Re: New boat purchase - forget it [Re: realslimshady]
      #1908908 - 26/06/2008 21:03

Quote:

On this subject, have been window shopping myself this week...but tell me, how does the trade in/part exchange work, through a broker? If you're offered £x in part ex, does that mean the broker is buying your boat off you for that amount and you make up the difference in purchase price to the vendor?
Basically, unless I can part-ex mine, I won't be changing...




Find a buyer privately, take a bit of a hit if necessary. Put cash in bank & look for a new boat "cash sale" & private deal. You will save more on the new boat than you lose on the old one and no Broker's fees. Depending on actual boat values you could be 10-15% better off, or have a boat 10-15% better than P/ex thro' a broker.

--------------------
Boaty junk clogging up your shed or lockers? Chuck it in Marinaskip

Want a used bike, spares or repairs in Staffordshire? Visit http://back2bikes.org.uk/


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honeybee
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Reged: 06/06/2007
Posts: 83
Re: New boat purchase - forget it [Re: boatkid]
      #1909073 - 26/06/2008 23:25

Quote:

started the process of changing for a bigger boat - nothing but hastle, basically broker wants to stuff me for trade in & sell me a boat that in the current climate is overpriced. not only that I am expected to buy a boat (36 foot) 60 miles from water and marina hoist without a sea trial. Far too many ifs & buts I'll stick thanks





I know exactly how you feel here we are in the same boat lol, currently looking to upgrade from 20ft to 28ft-30ft cruiser double the value. What are these brokers or dealers thinking about ?


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JECuk
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Reged: 22/01/2008
Posts: 254
Loc: Mid-Thames
Re: New boat purchase - forget it [Re: honeybee]
      #1909089 - 26/06/2008 23:41

Remember though that as with houses, if you are upgrading then taking the hit on your current boat may be worthwhile so long as you get a similar % reduction in the new one. the diff is the bid-offer (difference between what the broker buys and sells for) but upgrading should work if you are careful about the new boat price. Clearly the value of the new one could still decline as things are poor in the market but the main thing if going up is to ensure that your price and the new boat price have fallen by the same amount.

--------------------
Lady Gay


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Sneds
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Reged: 26/02/2007
Posts: 2503
Loc: Bristol Channel
Re: New boat purchase - forget it [Re: JECuk]
      #1910373 - 28/06/2008 08:58

Although its 60 miles from the sea, I'm sure a sea trial would be available, but at your expense £££££££££££ may put undue pressure on you to buy it after forking out all that cash.
Have you had a look at Essex Boat Yards?
No connection (wish I owned it!) but they took our 21' in part ex last year for our 28'
The 21' is now for sales here
http://www.riversideboatsales.co.uk/misty_spirit.html

Felt quite nostalgic seeing her again

--------------------
"See the rainbow not the rain"


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Ian38_39
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Reged: 18/07/2006
Posts: 165
Loc: Birmingham
Re: New boat purchase - forget it [Re: Sneds]
      #1910937 - 29/06/2008 01:02

What is the best way to get a quick sale on my boat up on the Norfolk broads, Broker told me that he had a buyer for my Sealine 255, 1990 with 3lt mercruisers fitted in 2004. went ahead and put down my deposit on a Sealine 310 which I admit I was very keen to get done quickly as it is a relativly easy project after being on the hard for 3 years and hardly used prior to that and apparently it was the first time the owner was prepared to listen to offers after turning down 6 buyers in the 3 years it had been up for sale.
Now it appears my buyer has disapeared leaving me with 2 boats, one of which needs money spending that I don't have till the other has gone.


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