What could be problems with buying a new boat made by a manufacturer that filed chapter 13? - bankruptcy what can they take boat
Buy the boat if it is good business? What happens if an offer by a merchant ship?
(The manufacturer has gone bankrupt.)
Saturday, January 30, 2010
Bankruptcy What Can They Take Boat What Could Be Problems With Buying A New Boat Made By A Manufacturer That Filed Chapter 13?
7 comments:
The first place would do to your homework. This means figuring out which parts of the ship, may be replaced by the manufacturer, which no longer exist. It is also necessary to check the destination on the hull and various tissues, and other institution.
If the hull in fiberglass, I would ask if the workshops and how many boats are fiberglass brand has problems. I also do a complete review of all areas in which to ensure the holes are drilled into the hull to 100% waterproof putty silicon or other product.
An audit especially, take your finger and stick it into the bilge drain plug hole when you're not a hole with closed pipes or timber or wood, do not buy the boat. The red goes through that in 10 years or less. The $ 1500 $ 2000 bombing repair done.
(1 month) when I know in talking to a professional glass fiber, I have a 1994 I / O Barco MAC in your business. The engine and the base was abandoned. Looking at the transom piece of rotten wood in the workshop and have a hole in theCrossbar. The perpetrator, manufacturer lazy to seal the hole in the bilge drain plug of wood in the transom. I think that's been said in 2 or 3 projects pending issues similar picture.
Leaky fiberglass hull on the outside is usually equal to the rot inside the boat is unsafe and worthless.
If I understand your question ... This is a new boat ... The manufacturer has gone bankrupt ... But the dealer does not ... and the "dealer" has a warranty of any kind.
I would say that if the manufacturer, otherwise a good reputation for the quality of the building would have boats ... and you feel you are treated very well ... and the Bank supports the agreement with its own offer guarantee ... then ... if the licensee is a long time and has a good reputation ... then ... go for it!
In addition, as a word of warning ... The dealers are required to guarantee 3rd Sell Party ...
So sure is real actually give you a guarantee of "free" ... not really "sell" you on the cover ... so to speak. Often do when the "financing of the person is" in a small room with the loan of boats and closing manage .... They are very well exist in the sale of all kinds of things ... Boat insurance, life insurance, guarantees, extended warranties, towing, emergency service ... etc.... and "hide" your boat loan.
Some of these people more money after the sale of the boat, then took on the boat.
So be sure to have a clear understanding of what and what not ... and how long ... everything is covered ... In addition, it would be a good business, I will go.
I have a new 36-foot dual-engine Chris Craft Cruiser - made shortly after Chris Craft bankruptcy ... The dealer said he would ensure the safety stick ... has, and lived happily ... But I'm much poorer ... lol
Go!
Happy & Safe Boating!
Well, if the boys were not paid, and got lazy or unhappy with the line, the quality will be compromised.
They want a guarantee, but what is its value?
Back to the future of the company, it will be difficult.
Edit: Captain John, for the purpose of the poorer bank account, but imagine how much you spend richest of all the beautiful days in the water.
The Chapter 13 bankruptcy reorganization are presented, not out of business. If I wanted the boat and was chosen for me, I would get it.
Regards,
Dan
> So much for security at least about 1 to acquire the company> In addition to the quality of the boats that are> within 11 hours of activity in question, I'm going>
Boats are now very good, I would be more worried about the engine, if there is any good I'd buy it
Here you can find parts if needed.
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