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#546432 - 06/05/13 02:23 PM Re: Negotiating tips for buying your new boat **** [Re: GoFirstClass]  
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Sharon1 Offline
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Wow...a lot of good thought there...I'm now in the process of purchasing and this helps...Thx.

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#548078 - 07/22/13 07:13 AM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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MasterGuns0861 Offline
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North Carolina
I have been in the market for my 1st boat for a couple months. Unfortunately my "boat budget" is small $5,000-$8,000 looking for a cuddy cabin type boat. The boats I have seen all have something wrong with them bad trailer, bad motor, smelly cabin, soft decking. been underwater oh the list goes on and on. But I have found a nice boat its a 25 ft 1972 Chris Craft Catalina cruiser but I cant find any information online about it.. Not in NADA or Hagerty insurance Is there another place I can look?

#548079 - 07/22/13 07:22 AM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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Capn Morgan Offline
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#548080 - 07/22/13 07:39 AM Re: Negotiating tips for buying your new boat [Re: Capn Morgan]  
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MasterGuns0861 Offline
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Thanks

#557320 - 09/24/14 02:50 PM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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williemon Offline
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I did not notice in this thread if saying you will pay in cash was mentioned. My question is, does that help to get the cost closer to where its better for the buyer? If so, what is considered cash? I know the green will be, but how about a check?

#557327 - 09/24/14 04:43 PM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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WaterWing Offline
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Pulling from the achieves huh.
I think paying cash is worse on making the deal. They much prefer you finance thru them or thru a bank they do co-op business.


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#557568 - 10/04/14 01:42 AM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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GoFirstClass Offline
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Grand Poobah

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Pasco, WA
I apologize for not seeing this earlier. Williemon, check out the next sticky thread on negotiating for a lower interest rate. Boat dealers do make money when you finance through one of the banks they have an association with, so they could give you a lower up front price knowing they're going to make some profit on the "back end".


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#557620 - 10/06/14 10:02 AM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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captkevin Online content
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Used some of your tips this weekend. Mother in law looking to purchase new car & enlisted myself & wife to help. She called Friday night saying she was going to get her new car Saturday. Did some quick research & gave the wife a quick review of your tips. They ended up leaving but I betting they will be calling back today with a much better deal.


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#557624 - 10/06/14 12:03 PM Re: Negotiating tips for buying your new boat [Re: WaterWing]  
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Justification Offline
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Originally Posted By: WaterWing
Pulling from the achieves huh.
I think paying cash is worse on making the deal. They much prefer you finance thru them or thru a bank they do co-op business.

How about if you negotiate as if you're going to finance, but when with the closer you decide the interest rate or terms are wrong and decide to pay cash at that point?


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#557625 - 10/06/14 01:05 PM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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GoFirstClass Offline
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Pasco, WA
Justi, you can do that, but if you're buying from a dealer you'd like to have a future service relationship with, that might not be your best course. If the dealer gives you a good price on something because he thinks he's going to make money on the finance reserves (call the "back end"), then you jerk the rug out from under him, he's going to be pi$$ed.

A better way to do it might be to finance it, then after your third payment pay it off. The reason for this is most banks have a "60-day charge back rule" that says if the loan that was put in place I paid off within 60 days, the dealer must forfeit the amount he was paid in finance reserves. Yeah, it will cost you a bit in interest charges to make those three payments, but you may gain a lot by keeping the dealer as your friend.

By going to the third payment, then paying it off, the dealer doesn't have to pay the reserve amount back to the bank.


"Beachcomber" 1995 Sea Ray 550 Sedan Bridge


Anchor's down......Bottoms Up!
#557723 - 10/11/14 12:51 AM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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captkevin Online content
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We were able to get my Mother in laws purchase down $7000 from where we took over for her. Had to leave dealer #1 & took a few days longer but well worth it. She was thrilled.

Last edited by captkevin; 10/11/14 12:51 AM.

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#557743 - 10/13/14 01:30 PM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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GoFirstClass Offline
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Pasco, WA
I can well imagine. We saved somewhere around $6,500 from the starting price on GW's Terrain to where we ended up. That buys a LOT of gas.


"Beachcomber" 1995 Sea Ray 550 Sedan Bridge


Anchor's down......Bottoms Up!
#559281 - 02/23/15 11:27 PM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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deepv Offline
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This Cutwater that we're interested in has a very small dealer network.

How do you play one dealer against another in a scenario such as this? When the next closest dealer is 1000+ miles away in WA state it is a little hard to use their price to get a lower price..

Any other suggestions? We have no trade for this deal and will need financing on a boat this large.


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#559367 - 02/27/15 06:21 PM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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GoFirstClass Offline
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Grand Poobah

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Pasco, WA
By way of an FYI for anyone reading this, I talked with Wayne on the phone about some tactics and ways to approach this and we likely will talk at least once more.


"Beachcomber" 1995 Sea Ray 550 Sedan Bridge


Anchor's down......Bottoms Up!
#559370 - 02/27/15 09:31 PM Re: Negotiating tips for buying your new boat [Re: captkevin]  
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athiker Offline
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Originally Posted By: captkevin
We were able to get my Mother in laws purchase down $7000 from where we took over for her. Had to leave dealer #1 & took a few days longer but well worth it. She was thrilled.


Wow, that must be some nice car if they moved $7k more than where she left off!

I can't my dealer off MSRP....yet.


2000 Cobalt 206 5.7L EFI Alpha 1
#559373 - 02/27/15 11:28 PM Re: Negotiating tips for buying your new boat [Re: athiker]  
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GoFirstClass Offline
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Grand Poobah

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Pasco, WA
Originally Posted By: athiker
I can't my dealer off MSRP....yet.

Maybe you should expand your area where you're looking. When I bought GW's Infiniti the WA and OR dealers I talked with by phone were stuck on MSRP. One big hearted dealer was willing to come down $350 off MSRP but that's as far as he'd go.

I made a call to a Sacramento dealer and within 20 minutes I'd struck a deal to buy the car I was looking for and saved almost $6,500. It cost me $650 to ship it from Sacramento to WA and it arrived in great shape.


"Beachcomber" 1995 Sea Ray 550 Sedan Bridge


Anchor's down......Bottoms Up!
#559382 - 02/28/15 09:01 PM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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athiker Offline
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Lake Norman, NC
Originally Posted By: GoFirstClass
Originally Posted By: athiker
I can't my dealer off MSRP....yet.

Maybe you should expand your area where you're looking. When I bought GW's Infiniti the WA and OR dealers I talked with by phone were stuck on MSRP. One big hearted dealer was willing to come down $350 off MSRP but that's as far as he'd go.

I made a call to a Sacramento dealer and within 20 minutes I'd struck a deal to buy the car I was looking for and saved almost $6,500. It cost me $650 to ship it from Sacramento to WA and it arrived in great shape.



Good advice. I'm out to about a 4 or 5 hour circle so far. Found one dealer so far that has been responsive within that area, just doesn't have the car so is looking. For some reason stock levels are low in NC but not as tight elsewhere. I know there are good deals in FL and NJ. Wife and I just might use our discount savings for a quick "free" trip to a FL beach to buy if it comes to that! smile

We should start a thread on "Boat and Car Dealer Stories". I've driven about a dozen vehicles over the last 2 years in the hunt for replacing our Ody and Trooper so have seen all kinds...some good...some laughable. On the other hand I'm sure the dealers could start a humorous "Customer Stories" thread too!


2000 Cobalt 206 5.7L EFI Alpha 1
#559398 - 03/01/15 03:53 PM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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GoFirstClass Offline
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GoFirstClass  Offline
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Grand Poobah

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Pasco, WA
Don't overlook the concept of having the car you want shipped to you. Dealers that don't have the specific vehicle you're looking for have a network hey can go into to find a dealer who does, and then trade for it. They're more likely to deal with you on a vehicle they have in their inventory, but want to make the sale even when it involves a dealer trade.

I could add a couple of stories about dealer/liar people I've dealt with. Just jump out there on the Misc forum and get it going.


"Beachcomber" 1995 Sea Ray 550 Sedan Bridge


Anchor's down......Bottoms Up!
#559401 - 03/01/15 05:32 PM Re: Negotiating tips for buying your new boat [Re: deepv]  
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deepv Offline
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Admiral

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SoCal
Originally Posted By: deepv
This Cutwater that we're interested in has a very small dealer network.

How do you play one dealer against another in a scenario such as this? When the next closest dealer is 1000+ miles away in WA state it is a little hard to use their price to get a lower price..

Any other suggestions? We have no trade for this deal and will need financing on a boat this large.


I know there's unfotunetly only 10 people left on this board now but anyone?


72% of fatal boat accidents are caused by
boaters that haven't taken a safe boating course.

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#559402 - 03/01/15 05:43 PM Re: Negotiating tips for buying your new boat [Re: GoFirstClass]  
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captkevin Online content
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captkevin  Online Content
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Chicago, IL
Just because you have narrowed your selection down doesn't mean the dealer has to be privy to this information. You need to use that card to your advantage. tell them you are seriously considering there closest competitors. Do some research & let them think they are getting ready to lose a sale & see how that motivates them.


2004 Rinker 232
2010 Dodge Ram Crew Cab Laramie 4x4
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