Look like I'm gonna have to sell my love. F44 Motor Yacht...

Coralkong · Post by **Coralkong** » Tue May 18, 2010 11:49 am

A guy I knew had one of those awhile back.
Very pretty boat.

He couldn't get rid of it 5 years ago. Sold it for half of what he owed on it.

jwrape · Post by **jwrape** » Tue May 18, 2010 11:51 am

Coralkong wrote:A guy I knew had one of those awhile back.
Very pretty boat.

He couldn't get rid of it 5 years ago. Sold it for half of what he owed on it.

Luckily for me, I don't owe anything for it, but it's killing me to have it listed so low.... I hate it..

alexander38 · Post by **alexander38** » Tue May 18, 2010 12:44 pm

do it ! ! before he changes his mind man !!!!! you still have a boat and and no slip fee !!!! do it !!!! did I say sounds like a good ideal

jwrape · Post by **jwrape** » Tue May 18, 2010 12:52 pm

alexander38 wrote:do it ! ! before he changes his mind man !!!!! you still have a boat and and no slip fee !!!! do it !!!! did I say sounds like a good ideal

Yea, I'm gonna. Just gotta work out the details. I am waiting to go see his boat.

jwrape · Post by **jwrape** » Tue Jun 01, 2010 1:51 pm

Well after talking back and forth and making these people our friends, they cannot get rid of the loan on their boat so the trade isn't happening BUT last Sunday 2 guys came out and looked at the boat and are interested although one guy LOW BALLED me severely and I rejected his first offer. The second guy might come through. He seems to be the type of Tinkerer that would appreciate the boat.

rossjo · Post by **rossjo** » Tue Jun 01, 2010 8:23 pm

Good luck - its a tough boat market - but it IS Spring ...

RWS · Post by **RWS** » Wed Jun 02, 2010 6:11 am

don't be disallusioned by all the tire kickers and dreamers.

RWS

jwrape · Post by **jwrape** » Wed Jun 02, 2010 6:41 am

RWS wrote:don't be disallusioned by all the tire kickers and dreamers.

RWS

Yea, just had a call on the way home last night to come see it tonight.

There are a lot of lookers. Still keeping my hopes up.

jwrape · Post by **jwrape** » Tue Jul 13, 2010 10:54 am

Well I have had 4 different people want it but cannot finance it. I have it at $56900 now. OUCH!!!! I hate to sell it, we had such a good time on it this 4th of July....

gettaway · Post by **gettaway** » Tue Jul 13, 2010 11:41 am

I feel for you, it is definately a buyers market for those with cash, we just went through the buying experience and lenders will almost not loan money on anything older that 10 years old. a few lenders will but at a much higher interest rate plus a minimum of 25% down, but most wanted 30 to 50% down.

If you truly need to sell the boat, take the first decent cash offer you get, because for the most part, its cash or nothing for older boats during this time of Obama economic boom

jwrape · Post by **jwrape** » Tue Jul 13, 2010 11:46 am

gettaway wrote:I feel for you, it is definately a buyers market for those with cash, we just went through the buying experience and lenders will almost not loan money on anything older that 10 years old. a few lenders will but at a much higher interest rate plus a minimum of 25% down, but most wanted 30 to 50% down.

If you truly need to sell the boat, take the first decent cash offer you get, because for the most part, its cash or nothing for older boats during this time of Obama economic boom

Yea, I had a verbal offer for $25k down and me finance the rest that I was gonna take BUT he backed out at the last moment.
Had another guy offer me $25k via email. I think it was a joke. Every once and a while I get stupid emails.

gettaway · Post by **gettaway** » Tue Jul 13, 2010 11:58 am

well, if you put it on ebay, you might be able to trade it for a body full of tattoos!

( an on going scam on craigslist here in san diego)

jwrape · Post by **jwrape** » Tue Jul 13, 2010 11:59 am

gettaway wrote:well, if you put it on ebay, you might be able to trade it for a body full of tattoos!

( an on going scam on craigslist here in san diego)

LOL!

gettaway · Post by **gettaway** » Tue Jul 13, 2010 11:59 am

sorry , if you put it on CRAIGSLIST (not ebay), you might be able to trade it for tattoos

RWS · Post by **RWS** » Tue Jul 13, 2010 1:23 pm

tight credit availability + bad economy + 36 year old boat + high O&M costs for a boat that size + general lack of confidence in short term/long term global financial situations = difficulty selling boat

Most folks with that much available cash will be drawn to a newer vessel.

Our vintage Trojans appeal more to tyhe knucklebusters like us who are willing to grab a wrench or hammer when necessary.

A vanishing breed we are!

RWS