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Conference vicki::boats

Title:Powerboats
Notice:Introductions 2 /Classifieds 3 / '97 Ski Season 1267
Moderator:KWLITY::SUTER
Created:Thu May 12 1988
Last Modified:Wed Jun 04 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1275
Total number of notes:18109

686.0. "BOAT AUCTIONS / MERCRUISER SPARES" by MACNAS::WSHAW () Tue Jun 05 1990 13:15

    I AM LOOKING FOR DETAILS OF BOAT AUCTIONS ESPECIALLY CUSTOMS SEIZURES
    
    FIRST OF ALL LET ME GIVE SOME BACKGROUND ON MY REQUEST.
    I AM LIVING IN IRELAND WHERE ITEMS LIKE POWER BOATS ARE BOTH IN
    SHORT SUPPLY AND EXPENSIVE.I CURRENTLY HAVE AN 18 FOOT OPEN
    SPORTS BOAD WITH 140 MERCRUISER I/O.
    I WOULD BE IN THE MARKET FOR SOMETHING BIGGER POSS.23/24FOOT WITH
    A CORRESPONDING SIZE ENGINE.WITH REGARD TO AGE IWOULD CONSIDER UP
    TO10 YRS OLD POSSIBLY WITH MINOR DAMAGE TO HULL.
    I WOULD SPEND APPROX 10,000 US DOLLARS.LESS IF POSS.
    DOES ANYONE HAVE ANY THOUGHTS ON THE AUCTION SCENE AND SPECIFICALLY
    CUSTOMS SEIZURES IN FLORIDA???????????????
    
    
    MY SECOND REQUEST IS FOR THE TELEPHONE NO. OF A GOOD DEALER IN
    MERCRUISER SPARES AND ALSO OF A DEALER IN SECOND HAND MERCRUISER
    SPARES
    
    THIS IS MY FIRST ENTRY IN THIS NOTE SO I WILL APPRECIATE ALL REPLIES
    
    MY NAME WILLIE SHAW
    DTN     7822 3344
    ADD.    BALLYBRIT  GALWAY  IRELAND
    
    
    REGARDS
    WILLIE
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686.1THEBUS::THACKERAYTue Jun 05 1990 13:3510
    The boat auctions are overadvertized, overrated rubbish.
    
    In the US, you can get incredible boat deals right now, because the
    bottom has fallen out of the used boat market. Just to give you an
    idea, I just saw a very clean 1979 Bayliner Saratoga 25' for $7,500.
    
    25' cabin cruisers/centre consoles, at about 5 years old, are now going
    for about $10K, all over New England.
    
    Ray
686.2Siezed boats may still carry liabilities ???ULTRA::BURGESSMad man across the waterTue Jun 05 1990 16:5114
re .0

	I read an article within the last week about a guy who had 
NO !  success in his claim against customs officers who had drilled 
holes in his hull and done all kinds of other tear apart damage to the 
tune of ~$11,000.   It seems the sniffer dogs had  "become excited"  
while near his boat at the dock-side, so the customs officers decided 
to conduct a very detailed search  -  this was the day after he had
taken delivery of the boat.   One can only speculate on what the 
previous owner had carried in the boat, since the customs officers 
found nothing...................

	R

686.3KEEPER::THACKERAYWed Jun 06 1990 12:574
    How can you tell a drug sniffer dog?...............
    
    				......they're the ones with the gold spoons
    on their collars!
686.4Customs AuctionFAIRWY::WILSONIt's sum-sum-summa time!Wed Jun 13 1990 15:0423
Moved by moderator
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Note 692.0                  U.S. Government Auctions                     1 reply
MACNAS::WSHAW                                        18 lines  13-JUN-1990 13:14
--------------------------------------------------------------------------------
                    CUSTOMS AUCTION
    
    Has anyone availed of the service advertised in Time magazine recently.
    I'm sure it has appeared in other worldwide magazines, whereby this
    agency will provide you with all the details of U.S. government
    auctions, in advance i.e. boats, autos, homes etc.  My interest
    is in the boats section.
    
    The advertisement shows a guy standing beside a $50,000 boat that
    he bouth for $10  The charge is $200 once off to be put on the mailing
    list of all U.S. government auctions.
    
    Any information will be appreciated.
    
    Regards,
    Willie Shaw.
    
    
686.5And Ferraris for $50 too!FAIRWY::WILSONIt's sum-sum-summa time!Wed Jun 13 1990 15:0718
Moved by moderator
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Note 692.1                  U.S. Government Auctions                      1 of 1
DW90B::GUNNERSON                                     12 lines  13-JUN-1990 13:24
                         -< And Ferraris for $50 too! >-
--------------------------------------------------------------------------------
    These services are a sham. The information is available free from the
    governement. The fee simply saves you the trouble of discovering the
    right agency. Even the government isn't stupid enough to sell a $50,000
    boat for $10. What you see is most likely a boat that was worth $9,
    bought for $10, with $100,000 worth of restoration to make it possible
    to advertise it for $50,000 with an actual value of $35,000 - $40,000.
    
    If you had the secret for buying $50,000 boats for $10 would you sell
    it for $200, or would you buy the $50,000 boat and sell it at a "loss" 
    (to assure sale) for $25,000 and make $24,990?
    
    john
686.6And Porches for $1?????MACNAS::WSHAWThu Jun 14 1990 06:0615
    Thanks for the reply, but I really do not expect to get a boat or
    even a propellor for $10.  However, from this side of the Atlantic
    I have have no idea where I would get the address of the relevant
    U.S. government agencies that are having auctions, and I know that
    at $200 is a lot of money to give to someone for a lot of addresses
    that should be free to the public.  Consequently, if anyone can
    give me a telephone number in some U.S. government department I
    would really apprecite it.
    
    It would be interesting to read note 206.4 for his comment on U.S.
    government auctions.
    
    Many thanks again,
    Willie Shaw.
    
686.7 $10NRADM::SPENCEThu Jun 21 1990 14:319
    
    Govt. seized boats, repos, and estate settlements are 99% handled
    by brokers now where boats are bid on. Most sell to the tune of
    10-20% above wholesale. The problem being "as is" etc. Even if 
    they get several bids and it still to low the credit institution
    or leinholder can elect to wait for additional higher bids. With
    the boat market slow, I feel you can do just as well on private
    sales. Good Luck.
    
686.8exCSLALL::JEGREENTeam Advil Barefoot CompanyMon Sep 14 1992 09:358
    I thought there was another auction note somewhere....
    
    Does anyone know about the boat auction that was/is advertised on a
    sign in the parking lot of Patrick's Pub in Gilford, across from B.
    Mae's ?  They(?) had one last fall too I think. I didn't make it up
    north this weekend and I can't remember the date of the auction. 
    
    ~jeff
686.9rock bottom pricesTARKIN::MCALLENThu Oct 29 1992 12:5514
    The auction in Gilford was run by Michael Little
    Auctioneers of Concord NH.
    
    Boats of all kinds were sold dirt cheap. Terms were:
    
    o	10% auction commission added to bid price.
    o	20% down on day of auction (cash, CC or bank letter of credit)
    o	within 2 days, pay balance and pick up boat.
    
    Prices were incredibly low. So low that Mr. Little warned
    he might do without the boat auction next year.
    There were lots of interesting boats power and
    sail, to see... even if not buying.