So what is wrong with this for sale diesel 400DA?

"The Battery." Must be one, big battery.
 
fwebster said:
You never know......the guy is building a house and the lenders are not taking the chances they were a few months ago. Maybe his lender said "Nope" when he called for the next progress payment on his construction loan.
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Very unlikely, as construction loans do not work that way. They are typically short term loans paid out incrementally (draws) and are approved for the total amount before any work begins. The draw would only be denied if the bank inspector’s field report indicated a certain specified progress milestone had not been met.

My guess is that he wants to qualify for either the construction loan or the permanent financing and the bank may not see the boat as a viable asset, so he wants fix that by turning the boat into whatever cash he can.

So, Skip, if I read your post correctly, you can get the 52DB if a democrat is elected – right?
 
No, if the election goes that way, then I will cling to my guns and my faith, or whatever idiocy came forth from one of the leftys, and hang onto the 420DA as well.

regards,
Skip
 
Except, if the value of the house under construction saw some of its value run out of it before conculsion due to devaluation in the market, no lender using the underlying asset for security will want to stay with the program.......they'll look for any excuse or reason possible to duck out.

I'm not looking for more house on the beach than we already have, but I have a neighbor across the street with a 3 condo triplex and looked at some townhouses last week which were originally on the market for $525/square ft.........now they are looking for offers in the $280/ sq. ft area in order to finish both projects. Lenders bailed on both projects before completing because of the difference in estimated and actual values.
 
fwebster said:
Nope...that one is way way outside normal business ethics for this type of transaction. What he discovered for his $2000 and why he voided the deal are his business and you have no right to ask for any specifics about his deal.

There may be nothing at all wrong with the boat that caused the deal to fall apart......owner financing, wife issues, etc, etc.
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I asked when I looked at a boat over the winter. The dealer gladly provided the info to me. I thought it would be normal to ask :huh:

Doug
 
douglee25 said:
I asked when I looked at a boat over the winter. The dealer gladly provided the info to me. I thought it would be normal to ask :huh:

Doug
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If you build up a repoir, and are cordial when you ask, and take any info provided with a grain of salt, I see no harm or foul. It may not be truthful or have any significance, but I'd be curious too.
 
My previous boat was a 99 40DA, we loved it it is a great boat... even for the sissy part of the bay:huh:. I did take it to Florida, and it handled the ocean wonderfully. Even in the bad weather it was just a solid feeling boat.

Like every boat transaction - due diligence is needed. When I was buying the 40, I went to Florida to look at a couple but ended up buying one in Annapolis as it was the better overall deal (not the better price). Good Luck!
 
fwebster said:
Nope...that one is way way outside normal business ethics for this type of transaction. What he discovered for his $2000 and why he voided the deal are his business and you have no right to ask for any specifics about his deal.

There may be nothing at all wrong with the boat that caused the deal to fall apart......owner financing, wife issues, etc, etc.
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BUNK! You have a no without asking. It's a buyers market. Normal ethics and boat brokers are as much an oxymoron as military intelligence.

Your money...your questions. No limits.
 
The broker gave me the CAT surveyors email address. I emailed him. He just called me and spent over an hour with me on the phone going over his engine survey and his impression/opinion of the boat. He taught me more about the 3116s in one hour than I could learn in weeks. He has serviced them since 1976 and CATs are the only engines he knows.
 
David,
I spent 20 years as a Military Intelligence (MI) Officer in the Army. Korea, Bosnia, and Iraq were a few of the garden spots where I served.

What practical experience do you have with MI? Did you come up with this catchy little phrase all by yourself?

Thoughtful and erudite commentary, to be sure.

The great thing about the internet is you never know the backgrounds of the 3K or so CSR members...so you never know when you will get called out for posting something ill conceived.

regards
Skip
 
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David,

You work by your code of ethics and I'll work by mine and I'll get a better buy based on better information every time. I'd rather end up with the better deal and the respect of all the parties involved than to risk pissing off those who can help me just so I can get some information upon which I can't rely on the cheap.

Asking a broker or a surveyor to breach a confidentiality clause in his agreement will certainly work to your advantage when it comes time to get the broker to go to work on your behalf. Do you really think a broker whom you asked to compromise his ethics will present your offer in a positive a light as he would a buyer who was above board and proper in his dealings? It is all a wasted exercise anyway because only a fool will rely on a survey paid for by someone else when he is doing his due diligence on a $250,000 purchase. Since you will have to have your own survey done anyway purchase, why alienate the broker and surveyor?

And just because you are spending money and business is soft doesn't give you license to run rough shod over other people's rights and ethics.
 
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fwebster said:
David,

You work by your code of ethics and I'll work by mine and I'll get a better buy based on better information every time. I'd rather end up with the better deal and the respect of all the parties involved than to risk pissing off those who can help me just so I can get some information upon which I can't rely on the cheap.

Asking a broker or a surveyor to breach a confidentiality clause in his agreement will certainly work to your advantage when it comes time to get the broker to go to work on your behalf. Do you really think a broker whom you asked to compromise his ethics will present your offer in a positive a light as he would a buyer who was above board and proper in his dealings? It is all a wasted exercise anyway because only a fool will rely on a survey paid for by someone else when he is doing his due diligence on a $250,000 purchase. Since you will have to have your own survey done anyway purchase, why alienate the broker and surveyor?

And just because you are spending money and business is soft doesn't give you license to run rough shod over other people's rights and ethics.
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I don't think Dave was suggesting going solely on a prior survey to base his purchase. I believe he was just asking to obtain the information to determine whether or not something was significantly wrong with the boat to warrant his own personal survey (please correct me if I'm wrong Dave). If the dealer contacted the owner and the owner agreed to share prior information about why the transaction fell through, it's not a breach of contract. I don't think anyone suggested breaching contracts or pissing off brokers or surveyors. Hell, you could ask to see the manuals/information on the boat and you'd probably run across an old registration card. Last time I checked, using the phone book to find someone's phone number wasn't unethical.

Doug
 
BTW, the broker in this case volunteered the CAT surveryors email address when I asked if I could contact the engine surveyor. He also told me he may not talk to me but that would be up to him. I emailed the surveyor and asked him if he would talk to me. He replied yes and asked for my phone #.

When he called me he started out by saying he would tell you as much as he could keeping in mind I was not his customer. He said he was surprised the broker gave out his email address because most brokers hate him because he has to report the bad news. He said he wished more did give it out as he likes to educate people on diesels.

He did not do the hull survey but I was able to use him as a set of "eyes" to give me an idea what condition the boat was in. He also met the owner and was able to confirm everything the broker told me about the boat and the owners situation (he volunteered this BTW, I did not ask).

He also volunteered quite a bit about the engines and their condition. As we talked I continued to tell him he did not have to talk to me and that I appreciated his time. He did not pull his survey, and would not. He worked from memory and most of his comments were generalizations, not details. The more he talked the more he remembered about the survey and the more he volunteered.

Most of my time with him was him teaching me how a 3116 worked compared to our 7.4s. He was by far one of the nicest folks I have ever talked to. I would love to spend a day with him educating me on the 3116s. In fact, if we go see the boat and survey it, I plan to do just that, pay him to survey them again just so I can sit with him to learn.
 
" Last time I checked, using the phone book to find someone's phone number wasn't unethical."
No but its freaking rude.

"I don't think Dave was suggesting going solely on a prior survey to base his purchase. I believe he was just asking to obtain the information to determine whether or not something was significantly wrong with the boat to warrant his own personal survey (please correct me if I'm wrong Dave)."

And he expressed that very clearly....with his "BUNK"
 
I had a guy "find me" after he bought my last boat that I had traded in. It was great to talk to him, I was happy to help him learn about the boat and felt great that it was in good hands. I didn't mind at all.

Now, had he called me and complained about issues, it would have been a different story! I think most boat owners have an emotional connection with their boats, and feel good when they think their former boats are in good hands.
 
The Mrs and I have decided not to make an offer on this boat. However, the decision is for personal reasons, not because of the boat. I did a lot of research on this boat and it appears to be a fantastic boat at a great price. You did not hear me say this but I think you can get it for a lot less than the $159K asking.

If you are looking for a 1999 diesel 400DA, this may be the one. PM me if you like or send me an email: gregarobinson@gmail.com, for additional details.
 
Skip said:
David,
I spent 20 years as a Military Intelligence (MI) Officer in the Army. Korea, Bosnia, and Iraq were a few of the garden spots where I served.

What practical experience do you have with MI? Did you come up with this catchy little phrase all by yourself?

Thoughtful and erudite commentary, to be sure.

The great thing about the internet is you never know the backgrounds of the 3K or so CSR members...so you never know when you will get called out for posting something ill conceived.

regards
Skip
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I served in both the Army and Navy and am retired from the service as well.

Thank you for you service to the country.

"What practical experience do you have with MI?"

I have spent time in intel briefs enroute to the Persian Gulf, in the Indian Ocean while chasing down a prirated freighter and in the Pacific (Cold War timeframe) tailing a Soviet Aircraft Carrier who was very close the crossing out of international waters. These were nothing over the TS level as that was the limit of my clearance.

I know there is a lot of work that goes into compiling and sorting the BS from useable data.

"Did you come up with this catchy little phrase all by yourself?"

No, actually it was told to me by the Army MI officer who lived down the hall from me in the Q at Ft. Campbell, KY and by the Naval Intel Officer aboard my first ship. It's an old saying whose origin is probably older than me, and that's old. I'm really surprised you haven't heard it yourself.

"Thoughtful and erudite commentary, to be sure."

What's erudite mean?

Please accept my sincere apologies if I offended you. It was unintentional.
 
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