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Old 02-25-2015, 12:10 PM   #54
bligh
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City: Santa Cruz, CA
Vessel Name: Concerto
Vessel Model: 1980 Cheoy Lee
Join Date: May 2013
Posts: 1,531
Quote:
Originally Posted by NTSCOUT View Post
The problem with Nordic builds is that their payment schedule ensures that the boat is 100% paid for be the time it hits the water. In other words, the customary payment schedule at Nordic is progress payments equaling 100% of boat price paid by sea trial time. That puts all the risk on the buyer especially if, for some reason, the factory is shut down or changes hands or a fire or ...
Scout, you are awfully harsh.
A showboat is different than other factory boats? The last NT I saw at a boat show was one that had been purchased by a charter company. I didnt seem to find any difference in fit and finish. If anything, I saw improvement of build quality over older Nordic Tugs.

As far as a company getting a line of credit is concerned, what good company wants to rely on a line of credit? More importantly , what customer would want their builder to be using a line of credit? Finance costs will always be passed on to the customer.

Regarding the comments about payments, it is only good business to have everything paid for by the time a boat is finished. If a buyer somehow comes up short of cash on their build, it endangers the health of the company and all the other orders in production.

Sure if you want to go and get an AT go ahead, but you are not going to get far here bashing NT. The last I heard from the local dealer is the factory is operating at full capacity right now and the orders are backed up. Sur3e AT has been pretty busy for the last few years while NT seemed like it was on the brink. But today its a different story. A question you may ask yourself is why is AT now losing so many sales to NT after such a good run?

As far as motors go, I , too, would insist on a cummins, deer or kubota. I did notice the last NT49 that rolled off the production line in September had a Cummins engine in it.

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