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Old 27-09-2016, 07:56   #1
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$450 to transfer documentation?

I was just filling out the online form on the USCG site to transfer documentation of the boat we just bought. When I got to the end, it said it was going to cost $450. Is this correct? I thought I had seen that it was $89 or something like that. I think I checked all the right boxes...
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Old 27-09-2016, 18:38   #2
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Re: $450 to transfer documentation?

Does not sound right.


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Old 27-09-2016, 18:45   #3
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Re: $450 to transfer documentation?

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Originally Posted by Hard A Lee View Post
I was just filling out the online form on the USCG site to transfer documentation of the boat we just bought. When I got to the end, it said it was going to cost $450. Is this correct? I thought I had seen that it was $89 or something like that. I think I checked all the right boxes...
My guess is that you did not go to the official USCG website but to a website made to look like the true USCG website. Try again and be sure you go to this site: https://www.uscg.mil/nvdc/nvdcfaq.asp
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Old 27-09-2016, 19:03   #4
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Exclamation $450 to transfer documentation?

We're in the process of buying a Hatteras, and the dealer is taking care of all of the paperwork as part of the deal.

The vessel is currently documented. The dealer said that it was going to cost us around $700 to transfer by the time it was all said and done.

It will cost half of that to just register it, and since there is no real benefit, that I can see, to have it documented, we are going to skip it.

YMMV

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Old 27-09-2016, 19:36   #5
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Re: $450 to transfer documentation?

I did my documentation last year and if I recall it was something like $85. I agree you might have been tricked into a for profit website masquerading as the USCG.

This just happened to me with some IRS forms I needed to submit to have assets I inherited transferred to me. Found the form online, looked like an official IRS site but when I tried to complete the form they wanted a few hundred bucks. Smelled something rotten, backed out and found the correct IRS site with the form free.

I did check the USCG website and it doesn't look like fees have increased.

Any chance you are on this website? https://uscgdocumentation.us/

This is NOT the USCG. Their website and all sections end with .mil not .us.
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Old 27-09-2016, 19:41   #6
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Re: $450 to transfer documentation?

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Originally Posted by Strypes View Post
We're in the process of buying a Hatteras, and the dealer is taking care of all of the paperwork as part of the deal.

The vessel is currently documented. The dealer said that it was going to cost us around $700 to transfer by the time it was all said and done.

It will cost half of that to just register it, and since there is no real benefit, that I can see, to have it documented, we are going to skip it.

YMMV

Cheers
I think your dealer is marking up the fees about $615. Maybe that's what he's trying to charge for his time. Considering the very short time it takes to fill in the forms I think that would work out to about $1000/hour. Nice pay if you can get it.

I might ask for a breakdown of the $700 charge since the USCG fee is about $85. For a new vessel even first documentation is only $133. Or just DIY, it's very easy.
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Old 27-09-2016, 19:46   #7
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Re: $450 to transfer documentation?

Thanks everyone! I did get tricked into the wrong site. I'll make sure I go to the actual USCG site and get the right documents.

I love this forum!
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Old 27-09-2016, 21:17   #8
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Re: $450 to transfer documentation?

I am doing the same. Its 96$ for me. You cannot pay online for exchange. you need to submit the Credit card form. If you read the coast guard instructions it is very simple. They are listed very clearly in document called "inst exchange.pdf"
Quickest way to have the paperwork done is to email PDFs of the following forms:

CG-7042 Credit Card authorization be sure to check all items you are paying for.

Filled and notarized bill of sale (8$ per page) if you use CG-1230 its 1 page, unless vessel was never documented.

Filled form for exchange of COD. CG-1258 ($84)

You did title search? if there is mortgage you need a release.

if its a person that holds the mortgage you need mortgagee to fill and notarize release form 4$ per page. there isn't a specific CG form for this. name of the sample file you can use is "sample Sat.pdf"

If bank is holding a primary mortgage, you need another form CG-4593 (24$). that might be a hassle and hence more money.

I am so glad coast guard has made this process idiot proof and allowed us to bypass the sharks.
oh and you don't always need to title or register Coast Guard documented boat. So leave that for later if you dont feel like dealing with state thieves.
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Old 28-09-2016, 08:14   #9
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Re: $450 to transfer documentation?

Here's a surprise: we followed as best we could the uscg forms and sent in a bunch of money. It took over a month to get the transfer and it included a partial refund ..... From the gubment!
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Old 28-09-2016, 08:17   #10
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Re: $450 to transfer documentation?

You can easily do it yourself on the OFFICIAL uscg site.

It just takes some time and a little patience. I think the "wait" to get it back is something like 3 months. BUT, on the USCG site, they have a link where you can check on the status of your application. It will tell you when they received it and what timeframe they are currently processing now. So that gives you confirmation of receipt . . . and some ability to make sure you're still "in the queue".

It worked very well - no problems at all - not worth paying some firm to do for me.

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Old 28-09-2016, 08:37   #11
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Re: $450 to transfer documentation?

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and it included a partial refund ..... From the gubment!
The cynic in me says they probably only sent the refund because keeping the money would put their accounts out of balance.
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Old 28-09-2016, 08:44   #12
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Re: $450 to transfer documentation?

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The cynic in me says they probably only sent the refund because keeping the money would put their accounts out of balance.
Ah... With all due respect, I wouldn't view that as cynicism but rather as optimism. Think about it...when was the last time any US Government accounts were in balance?
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Old 28-09-2016, 09:57   #13
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Re: $450 to transfer documentation?

I'm in Canada. When I bought my first boat, it was like $8 to transfer ownership. Now I think its $200. Change the port...$100. Any kind of change...$100. So the total for doing a boat transfer with new home port can easily be what you quoted. The wind might be free, but everything else is very expensive.
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Old 28-09-2016, 10:06   #14
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Re: $450 to transfer documentation?

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Originally Posted by Strypes View Post
We're in the process of buying a Hatteras, and the dealer is taking care of all of the paperwork as part of the deal.

The vessel is currently documented. The dealer said that it was going to cost us around $700 to transfer by the time it was all said and done.

It will cost half of that to just register it, and since there is no real benefit, that I can see, to have it documented, we are going to skip it.

YMMV

Cheers
Except that you can't just "skip it". The boat has to be de-documented, which as far as I know, is a process with about the same complication as a transfer, and then re-registered with the state. The overall process is much more complex than a simple documentation transfer.

I think you will find that the fees for a de-document, and re-registration with the state, are going to be more than a transfer would have been.

Also please note that you will spend the next 3 years answering letters from your local BOE about the use tax, and this year you'll get at least 3 property tax bills for the boat. Maybe that's just in California.

I strongly suggest that if the boat is documented, you keep it that way.
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Old 28-09-2016, 10:25   #15
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Re: $450 to transfer documentation?

I'll do it for you for $1,000. Small unmarked bills, please...
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