Originally Posted by PCP
That depends on the contract. On most cases you pay most of your boat before delivery.
Here, it's 10-20% as a deposit, the balance due at closing.
The dealer's view essentially is closing should occur within a couple of days of the boat being delivered to the yard. I trust them, but I would have assumed closing would be after commissioning, a process that would likely take a minimum of a couple of weeks.
No doubt the yard will be busy. I kinda like the idea of the dealer needing to do the commisioning timely, to get the money sooner. An incentive, if you will.
The contract is silent on this.
I don't want to be a dick. At all. I like these guys. I've bought boats from them before, but I was away either at school or on extended business trips when boats were delivered and I can't remember, nor did it matter, at which point I paid.
So, I'll do whatever is customary here in the States when commisioning a new boat.