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Go Back   SailNet Community > General Interest Forums > Boat Review and Purchase Forum > Boat Buyers & Sellers Forum
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Old 08-22-2010
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New Boat Purchase

I am wanting to purchase a new Jeanneau from Bay Yacht agency. I have found a post indicating a prior bankruptcy filing. If I send them a deposit, how do I know I am going to really get a new boat?
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Old 08-25-2010
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Well, the contract should say what model year the boat is...and the title should show if there was a previous owner.
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Old 08-25-2010
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Quote:
Originally Posted by mpdan View Post
I am wanting to purchase a new Jeanneau from Bay Yacht agency. I have found a post indicating a prior bankruptcy filing. If I send them a deposit, how do I know I am going to really get a new boat?
You don't! One prior Chapter 7/11 filing isn't necessarily an omen of things to come but to protect yourself from a recurrence, put the deposit in escrow so your money is protected.
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Old 08-25-2010
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Quote:
Originally Posted by mpdan View Post
I am wanting to purchase a new Jeanneau from Bay Yacht agency. I have found a post indicating a prior bankruptcy filing. If I send them a deposit, how do I know I am going to really get a new boat?
Buy one that's in their inventory. Don't order one. If they don't have what you want go to another dealer. Reputable dealers usually have a couple of new boats in their inventory or on order.
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Old 08-25-2010
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Hopefully you're not considering the Boat As A Business option they offer.
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Old 08-25-2010
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Boat as Bussiness sounded like "bring the IRS to dinner" to me. Not to mention having a boat all the times I don't want it and none of the times I do. I might be being dumb but I think I will take my financial hit and not wait for the tax recapture or the explanation for the government. Thanks
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Old 08-25-2010
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A friend of mine just heard their pitch. I went on line and read about it and cant believe anyone would buy into such a scheme. IRS to dinner indeed. BTW not sure where you live but Riverside Yachts in Riverside NJ (on the Delaware River above Philly) is a Jeanneau dealer now. If you haven't checked in with them it might be worth doing a comparison.
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