So we have been boat shopping and we came across a great deal :dance:. We found a $60,000 boat (Hunter 326, 1993) for sale listed at $21,000. So we figure that even if we buy it and flip it we can help pay for our new boat. I contact the seller via email and ask if it is still for sale. GREAT news, it’s still for sale. It is in Whitehorse, Yukon so it poses a problem. How am I going to see it to check it out. The seller says that it has no scratches or dents or rust and has never been in an accident. That is good because I would be concerned about buying a fibreglass boat that is rusty. The seller says I have a couple of options. “the first one is to come here and pick up the boat and the second one is to use a third party company to handle the sale.”
Well it is my lucky day! :dance:If there is a third party to do the work it will be easy for me. He goes on to explain that all I have to do is pay my money to the third party, I don’t even have to research this because he suggests a company that is all set up for this transaction. He explains that once my money is in escrow with this third party, they will ship the boat to my house where I will have 5 days to inspect the boat and finalize the sale. If I do not like it they will take the boat away and I get ALL my money back.
This is a no lose deal. I know from shipping our boat that it costs a $1000 to $2000 to ship a boat within Ontario. I cannot imagine how much it will be to ship from Whitehorse. The good news is he is a motivated seller. He will even throw in the cost of shipping.
There are a couple things I need to know though. Does it have a windlass and does it have an adjustable backstay. The pictures he sent do not show a windlass and as the boat has a B&R rig, there should be no backstay, let alone an adjustable one
. Well it really is my lucky day as he emails me back and assures me that the boat does have these elusive features. On top of that he agrees to a reduced price.
We are so excited.
I have sent him a message that we have a deal and that I will be contacting my bank and the third party he suggested to make arrangements. Unfortunately I think my bank will need a picture of the serial number plate for collateral purposes. I will inform him of this tomorrow. He should have no problem popping out to the boat to take a picture. I also think I should get a survey for the boat before proceeding, my insurance company insists. Maybe he knows somebody up there he can suggest.
Not sure about what will happen in the next couple of days but I suspect my bank and insurance companies will become a real pain, asking for all sorts of stuff
.
Well it is my lucky day! :dance:If there is a third party to do the work it will be easy for me. He goes on to explain that all I have to do is pay my money to the third party, I don’t even have to research this because he suggests a company that is all set up for this transaction. He explains that once my money is in escrow with this third party, they will ship the boat to my house where I will have 5 days to inspect the boat and finalize the sale. If I do not like it they will take the boat away and I get ALL my money back.
This is a no lose deal. I know from shipping our boat that it costs a $1000 to $2000 to ship a boat within Ontario. I cannot imagine how much it will be to ship from Whitehorse. The good news is he is a motivated seller. He will even throw in the cost of shipping.
There are a couple things I need to know though. Does it have a windlass and does it have an adjustable backstay. The pictures he sent do not show a windlass and as the boat has a B&R rig, there should be no backstay, let alone an adjustable one
We are so excited.
Not sure about what will happen in the next couple of days but I suspect my bank and insurance companies will become a real pain, asking for all sorts of stuff