Would You Loan Your Boat to a Friend - Page 2 - SailNet Community

   Search Sailnet:

 forums  store  


Quick Menu
Forums           
Articles          
Galleries        
Boat Reviews  
Classifieds     
Search SailNet 
Boat Search (new)

Shop the
SailNet Store
Anchor Locker
Boatbuilding & Repair
Charts
Clothing
Electrical
Electronics
Engine
Hatches and Portlights
Interior And Galley
Maintenance
Marine Electronics
Navigation
Other Items
Plumbing and Pumps
Rigging
Safety
Sailing Hardware
Trailer & Watersports
Clearance Items

Advertise Here






Go Back   SailNet Community > General Interest > General Discussion (sailing related)
 Not a Member? 


Like Tree9Likes
Reply
 
LinkBack Thread Tools
  #11  
Old 08-01-2011
MiVelero's Avatar
MOI
 
Join Date: Oct 2007
Location: Gulf Coast
Posts: 88
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 7
MiVelero is on a distinguished road
I play well with others ... really!
But there are two things I do not loan, my wife and my boat...
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
“I'm not afraid of storms, for I'm learning how to sail my ship.”
Louisa May Alcott
Reply With Quote Share with Facebook
  #12  
Old 08-01-2011
美国华人, 帆船 教授及输送
 
Join Date: Sep 2006
Location: MD
Posts: 2,451
Thanks: 22
Thanked 20 Times in 12 Posts
Rep Power: 9
rockDAWG is on a distinguished road
Quote:
Originally Posted by casey1999 View Post
Say the person borrowing the toy totals it (and your insurance does not cover), would you expect the friend to pay for replacement or would you cover the cost?
A short answer, yes. sh*t happens, eat it.

Obviously, if i can afford toys and not live beyond my means, i am not stupid. I don't loan the toy to anyone. I have good judge of characters. I hired everyone one in the company. I hired each one of them because I trust them.

It is unlikely the insurance will not cover it. I have powerful attorney to battle for me. I don't worry the insurance company. If the loss is caused by my friends, they have more money than me. They will cover for me.

OK, if one of my employee crashed the car and insurance does not pay for it, and we lost in court. I will pick up the tab. Suck is be me. Next time, just work a bit harder and smarter. The money will come back even more this time. It is nothing more than focus, working smart & hard, and reinventing yourself. Oh yeah...... save, save and save. There is no magic here.
Ninefingers likes this.
__________________

Fine Print:
I am old school. Integrity is to do the right thing even when no one is watching.

Last edited by rockDAWG; 08-01-2011 at 09:46 PM.
Reply With Quote Share with Facebook
  #13  
Old 08-01-2011
美国华人, 帆船 教授及输送
 
Join Date: Sep 2006
Location: MD
Posts: 2,451
Thanks: 22
Thanked 20 Times in 12 Posts
Rep Power: 9
rockDAWG is on a distinguished road
Quote:
Originally Posted by MiVelero View Post
I play well with others ... really!
But there are two things I do not loan, my wife and my boat...
Ok, I guess you are not into swingin' then
__________________

Fine Print:
I am old school. Integrity is to do the right thing even when no one is watching.
Reply With Quote Share with Facebook
  #14  
Old 08-01-2011
Sabreman's Avatar
Senior Member
 
Join Date: Sep 2006
Location: Yeocomico River, VA
Posts: 1,604
Thanks: 2
Thanked 14 Times in 11 Posts
Rep Power: 10
Sabreman will become famous soon enough Sabreman will become famous soon enough
Interesting question. In 27 years of boat ownership, I've never been asked the question and it's given me pause.

SailNet is full of what-if's, required skills, and casualties. So those with what I consider the requisite skill set to safely and effectively operate a boat of our size and complexity, are very few. Like two people. Who already have their own boats. And don't need mine.

Will it break me to lose the boat? No.
Do I trust my boating friends? Just two. I'm a good judge of character too.
Do I have a good attorney? No. Don't need one but know where they are.
Do I trust friends to compensate me if something goes wrong? No. Prudence tells me not to trust when dealing with money. I assume that I'm in it alone.
Would I be torqued if something happened to my boat (and it was the friend's fault)? Oh yeah.
Is it just a thing? Yup, but it's my thing and I take care of my things (as my parents taught me).

If you want to go sailing, I'll gladly, gleefully, willingly take you. If you want to go without me, charter your own boat or buy one.
mgmhead likes this.
__________________
Sabre 38 "Victoria"
Reply With Quote Share with Facebook
  #15  
Old 08-01-2011
Senior Member
 
Join Date: Dec 2003
Posts: 1,372
Thanks: 1
Thanked 16 Times in 15 Posts
Rep Power: 11
capttb is on a distinguished road
Interesting, in thinking about this question, there are some friends I'd let use it and some I wouldn't.
But most of the ones I would loan to have larger, more valuable boats already.
__________________
"Just call me TB"
Reply With Quote Share with Facebook
  #16  
Old 08-01-2011
epaolino's Avatar
Rapscallion
 
Join Date: Jun 2004
Posts: 29
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
epaolino is on a distinguished road
Something someone told me a long time ago....


No one will ever love your boat the way you do.

Something I keep in mind anytime a guest steps on the boat to when it is hauled. I would mull that statement over long and hard before I would toss you the lines.
Reply With Quote Share with Facebook
  #17  
Old 08-01-2011
美国华人, 帆船 教授及输送
 
Join Date: Sep 2006
Location: MD
Posts: 2,451
Thanks: 22
Thanked 20 Times in 12 Posts
Rep Power: 9
rockDAWG is on a distinguished road
This question has no right or wrong answer. It is very subjective depending many personal individualized factors: how we are being taught, treated and raised. And more importantly, no matter how persuasive the argument is will not change others mind. It is a null point. Likewise, I am no going change my religion when you tell me my GOD sucks.

Everyone has their own way dealing with their things. It is perfectly OK with me.
__________________

Fine Print:
I am old school. Integrity is to do the right thing even when no one is watching.
Reply With Quote Share with Facebook
  #18  
Old 08-01-2011
Senior Member
 
Join Date: Dec 2008
Location: Chesapeake
Posts: 471
Thanks: 1
Thanked 0 Times in 0 Posts
Rep Power: 6
lapworth is on a distinguished road
One of my friends went out on a day sail with out me. I was playing golf. When we met up later he told me how worried he was about everything on the boat. Do you feel this way about your house? I have borrowed friends houses and have also lent mine out.
Reply With Quote Share with Facebook
  #19  
Old 08-01-2011
美国华人, 帆船 教授及输送
 
Join Date: Sep 2006
Location: MD
Posts: 2,451
Thanks: 22
Thanked 20 Times in 12 Posts
Rep Power: 9
rockDAWG is on a distinguished road
Quote:
Originally Posted by epaolino View Post

No one will ever love your boat the way you do.
Why would you need someone love your boat? It is your boat. Likewise, you don't really need someone to love your wife either. If love is involved, it can be complicated. I am just sayin'
epaolino likes this.
__________________

Fine Print:
I am old school. Integrity is to do the right thing even when no one is watching.
Reply With Quote Share with Facebook
  #20  
Old 08-02-2011
Sublime's Avatar
Quirky
 
Join Date: Sep 2010
Location: North Texas
Posts: 536
Thanks: 2
Thanked 7 Times in 6 Posts
Rep Power: 5
Sublime is on a distinguished road
No way! I hang out with idiots.
__________________
This post is made from recycled electrons

A ship in harbor is safe, but that's not why ships are built.

My girls:
1974 Alcort Minifish-Minifish
2001 Drascombe Lugger-Penelope
2004 Hunter 260-Miss Muffet
Reply With Quote Share with Facebook
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

 
Posting Rules
You may post new threads
You may post replies
You may post attachments
You may edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Boat Loan Advocate777 General Discussion (sailing related) 13 07-18-2011 09:11 PM
Boat Loan Advocate777 General Discussion (sailing related) 4 07-16-2011 05:19 PM
boat loan for <$25,000 redstripesailor General Discussion (sailing related) 4 01-12-2010 11:22 AM
Buying a boat with a loan on it rireefguy Boat Review and Purchase Forum 12 11-20-2007 01:16 PM


All times are GMT -4. The time now is 05:42 AM.

Add to My Yahoo!         
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1
(c) Marine.com LLC 2000-2012

The SailNet.com store is owned and operated by a company independent of the SailNet.com forum. You are now leaving the SailNet forum. Click OK to continue or Cancel to return to the SailNet forum.