Budds Outlet
Senior Member
I am interested in a boat that is currently in charter.* I would be very interested if I could leave it in charter for a few more years to help cover*costs.*Any thoughts on what I might expect?
Budds Outlet wrote:
I am interested in a boat that is currently in charter.* I would be very interested if I could leave it in charter for a few more years to help cover*costs.*Any thoughts on what I might expect?
There will always be another desirable boat. There is no need for urgency. Are you considering a Grand Banks from Northwest Explorations?Budds Outlet wrote:
The boat is already in charter in the Pacific Northwest, Puget Sound to Desolation Sound.
The boat appears to be in better condition then the non-chartered boats of this model and age.*
That is my* plan, to wait until I am ready to own full time rather tha buyng the boat too soon.* However, if chartering would seal the deal for me now on something that would not be available to me in the future I woud go for it.
-- Edited by Budds Outlet on Sunday 14th of November 2010 10:41:12 PM
No, we are considering a Tolly 43 listed with Bellingham Yacht Sales.* It is currently in the charter fleet with Par Yacht Charters in Bellingham.* But unless we were going to charter it also, we won't be buying this much boat until I retire and can use it enough to make it worthwhile.Carey wrote:
Are you considering a Grand Banks from Northwest Explorations?
*
No, we are considering a Tolly 43 listed with Bellingham Yacht Sales.* It is currently in the charter fleet with Par Yacht Charters in Bellingham.* But unless we were going to charter it also, we won't be buying this much boat until I retire and can use it enough to make it worthwhile.Budds Outlet wrote:
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Carey wrote:
Are you considering a Grand Banks from Northwest Explorations?
*
So, Phill, I wasn't aware you had a USCG capatains license.* If you don't, you might just need your Marinda rights.....................Arctic TravellerPhil Fill wrote:
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We bought the boat as a charter and chartered, took people out and for charity,
Alternative method is give your broker (mine was in Ft. Lauderdale and I was in North Carolina)*a check for $20k*and a list of the boats you have found (in my case with the brokers help), in the*order that you would like to make an offer on.* Then give the broker your "Shame offer" (as Swedish friend calls it) for the first boat with a signed*contract for same.* I had the brokers contract on my computer and just filled in the spaces, signed it, scanned it and email it to my broker.* He then called the selling broker and told them he had a $20k check*and a signed contract in his hand.* We bought the third boat on the list.* The first was a pie in the sky boat that I didn't expect the folks to take our offer*but we did get close.* The second was an owner that had the boat for sell at a high price even when the market was good two years ago and the third was somewhat the same but this owner saw a need to get the boat gone and wasn't stupid about it.FF wrote:
The method is to sign an offer and give a check for 10% of your offer to the broker.
At once you will have an advocate for a rapid cash sale.
No crystal ball but if that is all you can use it then Charter one when you can*for the time being.Budds Outlet wrote:
and was only able to use the boat about 6-9 weeks during that 3 year period.
Does anybody have a crystal ball handy?
-- Edited by Budds Outlet on Thursday 18th of November 2010 08:46:36 AM
I did something like that back in '89.* The owner of the boat I wanted refused my offer.* There was no counter.* The broker said that he would send the deposit back.* I said that he should just hold it and let the seller know that he had it.* The seller came back later and accepted the deal.* Time and patience can win out.Budds Outlet wrote:
I like your brokers approach JD. No body has to take the offer if they don't like it but it gives a motivated seller an opportunity in this market and of course it gives you the best boat deal available.
My husband and I decided in maybe May that we'd buy a trawler after we got back from sailing to Hawaii in July (versus another sailboat).* We did a LOT of looking online and looked at three boats in person.* We made an offer in August*and closed on Sept 2.* We*are happy as could be!* We use the boat every weekend, whether "using" is spending the weekend on it at our marina, being race committee for our yacht club, toodling around the bay for a couple of hours or taking a weekend trip!JD wrote:
One other thing to consider is that if you do your research it will take you two to three years so settle on the proper boat so start now.
BTW this was from my broker as well.* He says that he fully doesn't intend to sale a boat to someone for at least two years from the time they start looking.* Anything less is a bonus.
My issue with chartering for my own use is that 2-3 weeks chartering equals $7-10K per year which means $21-30K I've spent in three years and don't have for the boat purchase. I do need to spend the time researching and going aboard.*Pineapple Girl wrote:Budds if you can only use the boat 2-3 weeks a year for the next three years I'd have to agree on doing some chartering!* It might be fun to not only try different boats but also charter in different locales??*