Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 19-02-2019, 01:25   #1
Registered User

Join Date: Feb 2019
Posts: 23
Buying unseen

Hi. Sorry if this is posted in the wrong category.
I'm buying a relatively cheap yacht sight unseen. It will be delivered from one end of Australia to the other. I'm not worried about the condition of it I am however insanely paranoid that because it's the internet they are going to take my money and give me no boat.
So far I am talking with the owner and her broker who is from "yatchstay" apparently. When checking the company website they are a charter company it seems. Theye sent me the owners photo ID which checks out when searched Australian registration papers that check out when searched. And an American insurance policy from tri state insurance which I will be checking out in a few hours when they open. They have also sent me a bill of sale to be signed with a 10% deposit and the rest paid via bank transfer within 7 days This concerns me as I have no recourse if they don't deliver the boat which is not due for delivery until march. Ive also received extra photos some screenshots some actual taken photos.
They quoted me only $2700 for transport of a boat over 40 foot. When I called the company they are planning on using(well known) the guy on the other end confirmed that someone did make a request for a quote on that boat earlier and that it would absolutely cost more than 2700. The owner then said she would foot the difference.
I'm not sure if I am being overly paranoid or if this is not normal. The people I've asked so far think I'm being paranoid l so I'd really like some extra opinions.
Again this is just about the likelihood of me not receiving a boat at all not the seaworthiness/quality of said boat.
Also anything else you would do to give yourself peace of mind in this situation is very welcome advice
__________________

Juggles is offline   Reply With Quote
Old 19-02-2019, 02:28   #2
Senior Cruiser

Cruisers Forum Supporter

Join Date: Jul 2005
Location: Bellingham
Boat: Outbound 44
Posts: 6,699
Re: Buying unseen

You can't fly up there and take a look?
__________________

__________________
Paul
Paul L is online now   Reply With Quote
Old 19-02-2019, 02:35   #3
Registered User

Join Date: Feb 2019
Posts: 23
Re: Buying unseen

Yeah absolutely I could. Actually have someone checking it out on Monday. But my issue is even if it IS REAL how do I know they won't just take my money and run? Do people do that? Am i being insanely paranoid? I have a lisence number a rego number a HIN etc. What recourse do I even have if they don't send the boat?
Juggles is offline   Reply With Quote
Old 19-02-2019, 05:33   #4
Registered User

Join Date: May 2017
Location: Katy, TX
Posts: 238
Re: Buying unseen

Don't know the laws in Australia, but if the laws are reasonable (which I believe they are), when you are there, I'd take copies of the broker's ID, the owner's ID and the delivery captain's ID. Of course, I'd also take copies of the boat documentation and photos of everything around the marina and broker's office. I would also ask the broker for references and maybe visit a couple of business (like the marina office) to get their opinion of the broker.

I'm guessing there's no 100% way to guarantee they won't take your money and run, but if you're this concerned, maybe something like this will help alleviate the concern.
leboyd is offline   Reply With Quote
Old 19-02-2019, 06:04   #5
Registered User
 
Fore and Aft's Avatar

Join Date: Jan 2015
Location: Gympie
Boat: Volkscruiser
Posts: 467
Re: Buying unseen

Sounds a bit fishy to me. Have you had her surveyed? You are going to need a survey for insurance anyway? If you unload her in a marina they are going to want to see a current insurance certificate. Whatís with an American insurance policy for an Aussie boat?
Juggles you almost sound like you are from Nigeria yourself? I am wondering if you are trying to refine your next scam or if you are a true blue Aussie? Cheap 40 footer and only $2700 to have it delivered half way across Oz? Owner picks up the rest of the tab..........please
$2700 sounds about right for the width of your country (1100km) but here itís 4000km so you might need to double that price. Melbourne to Hervey Bay was $6600 for a 35 foot yacht last month plus yard fees crane etc.
Cheers/Odaroo
Fore and Aft is offline   Reply With Quote
Old 19-02-2019, 06:11   #6
Freelance Delivery Skipper..
 
boatman61's Avatar

Community Sponsor
Cruisers Forum Supporter

Join Date: Jan 2010
Location: PORTUGAL
Posts: 23,410
Images: 2
pirate Re: Buying unseen

If I am handing over cash for a boat I would want to be there to receive all the boats papers and the bill of sale as I paid the money.. and the deal witnessed by someone on my side.. Surveyor, lawyer, whatever.
Copies are for delivery skippers.
__________________


Born To Be Wild.. Click on the picture.
boatman61 is offline   Reply With Quote
Old 19-02-2019, 07:53   #7
Registered User

Join Date: Aug 2018
Location: Hudson Valley, NY
Posts: 137
Re: Buying unseen

Listen to boatman61. Fly up there, pay your money, sign the papers and take them with you. This way, on paper at least, it's your boat.

Otherwise, half now, half on delivery.
Pete17C is offline   Reply With Quote
Old 19-02-2019, 07:59   #8
Registered User
 
AKA-None's Avatar

Join Date: Oct 2013
Location: Lake City MN
Boat: C&C 27 Mk III
Posts: 476
Re: Buying unseen

Donít forget to check for any unpaid liens or bills against the boat
__________________
Special knowledge can be a terrible disadvantage if it leads you too far along a path that you cannot explain anymore.
Frank Herbert 'Dune'
AKA-None is offline   Reply With Quote
Old 19-02-2019, 08:47   #9
Registered User

Join Date: Jan 2017
Posts: 9,558
Re: Buying unseen

You don't have escrow there?
john61ct is offline   Reply With Quote
Old 19-02-2019, 19:42   #10
Registered User

Join Date: Feb 2019
Posts: 23
Re: Buying unseen

Not Nigerian just very young and dumb. I was quoted 9k for boat transport so the 2700 worried me. This is my first ever big purchase by myself so probably overthinking it far too much.
I think I will just fly up there and sign the papers in person as apposed to down here with a JP and scanning them in. I'm not sure if that gives me any extra coverage but it's only 800 odd if I can get someone to cover me at work it's worth the peace of mind. I have also requested payment in two parts hopefully they are okay with that.
Juggles is offline   Reply With Quote
Old 19-02-2019, 20:09   #11
Registered User
 
Dark Horse's Avatar

Join Date: May 2014
Location: Toronto, Canada
Posts: 94
Re: Buying unseen

Quote:
Originally Posted by Juggles View Post
Not Nigerian just very young and dumb. I was quoted 9k for boat transport so the 2700 worried me. This is my first ever big purchase by myself so probably overthinking it far too much.
I think I will just fly up there and sign the papers in person as apposed to down here with a JP and scanning them in. I'm not sure if that gives me any extra coverage but it's only 800 odd if I can get someone to cover me at work it's worth the peace of mind. I have also requested payment in two parts hopefully they are okay with that.

I would never buy at boat unseen. Here is what you can get..


http://www.cruisersforum.com/forums/...een-97873.html
Dark Horse is offline   Reply With Quote
Old 19-02-2019, 20:16   #12
Registered User

Join Date: Feb 2019
Posts: 23
Re: Buying unseen

Haha oh wow! Some doozies there. The quality isn't the issue it's someone doing a runner with the money that I can't shake. But it seems I'll be doing a trip this weekend anyway to see it myself. Her broker is seeing if she's happy with part payment on delivery. Had a mate going to check it out Monday but I think it'd be better for my sanity that I go if they won't do part payment.
Juggles is offline   Reply With Quote
Old 19-02-2019, 20:26   #13
Registered User
 
Fore and Aft's Avatar

Join Date: Jan 2015
Location: Gympie
Boat: Volkscruiser
Posts: 467
Re: Buying unseen

Juggles what is the boat you are buying?
Fore and Aft is offline   Reply With Quote
Old 19-02-2019, 20:31   #14
Registered User

Join Date: Feb 2019
Posts: 23
Re: Buying unseen

I was buying a 42 foot steel koonya for 17k. Bilut apparently now she's decided to sell to someone else instead. So no boat right now until I find another one I like. Budget is about double that so shouldn't be too hard. I'm just.. neurotic so very picky
Juggles is offline   Reply With Quote
Old 19-02-2019, 20:42   #15
Registered User
 
Fore and Aft's Avatar

Join Date: Jan 2015
Location: Gympie
Boat: Volkscruiser
Posts: 467
Re: Buying unseen

As a professional surveyor without even seeing the yacht it sounds like you dodged a bullet. I would put a fair bet that for 17k for a 49 year old steel yacht that when it arrived at your place you might have told the truckie to keep heading to Sims scrap metal and unload there!
The worst steel yacht I have surveyed this year had fiberglass patches below the waterline and the owner thought that was perfectly acceptable.
Surely you can find something better on Gumtree?
Cheers
__________________

Fore and Aft is offline   Reply With Quote
Reply

Tags
buying

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Buying Yacht Unseen Follow Up BDRUSS Dollars & Cents 3 11-06-2017 00:10
Unseen - a Survey - a Visit - No Broker! settlednomad Boat Ownership & Making a Living 63 11-06-2013 23:01
Pitfalls of Buying a Boat Unseen? pina.banana Dollars & Cents 94 21-03-2013 07:39
Bought unseen? frazerhalliday General Sailing Forum 16 07-11-2012 21:14
I Sold My Boat! Sight Unseen! clausont Off Topic Forum 15 30-07-2009 10:44



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 22:44.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.