Buying used boats from outside area

Bootkie2 · 12-28-2016, 04:02 PM

Ideally it would be great to buy local but I think it really depends on what you are looking for too. Out of state sounds scary but there are plenty of good boat surveyors out there who can help you and 1600$ for shipping is a drop in the bucket when it comes to boat ownership/upkeep. Check out this guys blog when you have a chance. He has written some neat stuff about buying/selling boats and he has detailed (Very Detailed) accounts of the shopping/buying/surveying process that he experienced for each of the boats that he's owned (one of which he actually bought on lake winni).
http://www.tpenfield.com

Formula260SS · 12-28-2016, 06:06 PM

I bought my Formula off Lake Norman. Met the guy in Harrisburg and hauled it myself from there. No test drive or survey but I checked the guy out pretty well. He was a good guy, everything he said it was. That was 11 years ago and she's going strong. It's what you feel comfortable doing, the savings was worth it for me, over 10K at the end of the day.

thinkxingu · 12-28-2016, 06:50 PM

Quote:

Originally Posted by Formula260SS

...the savings was worth it for me, over 10K at the end of the day.

This would be what I'd be solving for in my equation.

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Dave R · 12-28-2016, 06:14 PM

Quote:

Originally Posted by Bootkie2

Ideally it would be great to buy local but I think it really depends on what you are looking for too. Out of state sounds scary but there are plenty of good boat surveyors out there who can help you and 1600$ for shipping is a drop in the bucket when it comes to boat ownership/upkeep. Check out this guys blog when you have a chance. He has written some neat stuff about buying/selling boats and he has detailed (Very Detailed) accounts of the shopping/buying/surveying process that he experienced for each of the boats that he's owned (one of which he actually bought on lake winni).
http://www.tpenfield.com

I'm friends with that guy. We borrow tools from each other all the time. He's very smart and talented.

Bootkie2 · 12-29-2016, 11:38 PM

Quote:

Originally Posted by Dave R

I'm friends with that guy. We borrow tools from each other all the time. He's very smart and talented.

Wow thats cool. I came across Ted in a Formula boat forum back in the fall. I was doing some research on the F260 bow and posed some general questions to the forum. His advice was spot on and after reading his buying/maintemance blogs I felt comfortable enough to move forward and negotiate with the sellers of the boat we had been looking at. At the end of the day we were able to get a deal done at 17℅ below ask. So tell him thanks for me.

Little Bear · 02-10-2017, 09:17 AM

http://www.boatus.com/magazine/2016/...n=eline_020817

fatlazyless · 02-10-2017, 12:27 PM

Already mentioned this in another thread, if anyone wants to buy a used sailboat, 12-16', suggest you take a look at a Mashpee, Massachusetts-Cape Cod used sailboat business shown in the Cape Cod craigslist. Supposedly all the prices are going up 40% on March 1. Lots of photos and seems like a good way to buy a small sailboat. Mashpee is a three hours drive from Meredith, NH.

Wonder if you have to pay Mass 6.25% sales tax on a sailboat like this, purchased in Mass and used in NH? Sail boats 12' and longer need to be registered in NH, which costs about $40/year if it has no motor.

robmac · 02-10-2017, 03:19 PM

Well first when buying from a sales tax state you don't have to pay tax but certain states have quirky rules regarding it. Most states if you have it hauled and show your residence in NH you're exempt. Some if you haul it they don't know where it's going. I have bought several used from the lake the final was from Gillans in the middle of the winter and sale was contingent on sea trial after a season sold it to a guy from MA. I went looking for a certain brand but I didn't want transom exhaust and found one in Hampton in salt water, the owner repowered in 2012 and put a closed cooling system in so as not to destroy the new engine. Overall I love to purchase on the lake but boat may not be available.

02-10-2017, 09:17 AM	#6
Little Bear Senior Member Join Date: Jul 2006 Posts: 580 Thanks: 125 Thanked 247 Times in 133 Posts	Good article in Boat US Magazine about this subject: http://www.boatus.com/magazine/2016/...n=eline_020817

02-10-2017, 12:27 PM	#7
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,851 Blog Entries: 1 Thanks: 303 Thanked 1,034 Times in 753 Posts	.... sail ho? Already mentioned this in another thread, if anyone wants to buy a used sailboat, 12-16', suggest you take a look at a Mashpee, Massachusetts-Cape Cod used sailboat business shown in the Cape Cod craigslist. Supposedly all the prices are going up 40% on March 1. Lots of photos and seems like a good way to buy a small sailboat. Mashpee is a three hours drive from Meredith, NH. Wonder if you have to pay Mass 6.25% sales tax on a sailboat like this, purchased in Mass and used in NH? Sail boats 12' and longer need to be registered in NH, which costs about $40/year if it has no motor.

12-28-2016, 04:02 PM	#1
Bootkie2 Member Join Date: Dec 2016 Posts: 34 Thanks: 1 Thanked 8 Times in 6 Posts	Ideally it would be great to buy local but I think it really depends on what you are looking for too. Out of state sounds scary but there are plenty of good boat surveyors out there who can help you and 1600$ for shipping is a drop in the bucket when it comes to boat ownership/upkeep. Check out this guys blog when you have a chance. He has written some neat stuff about buying/selling boats and he has detailed (Very Detailed) accounts of the shopping/buying/surveying process that he experienced for each of the boats that he's owned (one of which he actually bought on lake winni). http://www.tpenfield.com

12-28-2016, 06:06 PM	#2
Formula260SS Senior Member Join Date: Oct 2006 Location: NH Posts: 384 Thanks: 11 Thanked 76 Times in 51 Posts	I bought my Formula off Lake Norman. Met the guy in Harrisburg and hauled it myself from there. No test drive or survey but I checked the guy out pretty well. He was a good guy, everything he said it was. That was 11 years ago and she's going strong. It's what you feel comfortable doing, the savings was worth it for me, over 10K at the end of the day.

02-10-2017, 03:19 PM	#8
robmac Senior Member Join Date: Jan 2005 Location: Nashua,Meredith Posts: 951 Thanks: 213 Thanked 106 Times in 81 Posts	Well first when buying from a sales tax state you don't have to pay tax but certain states have quirky rules regarding it. Most states if you have it hauled and show your residence in NH you're exempt. Some if you haul it they don't know where it's going. I have bought several used from the lake the final was from Gillans in the middle of the winter and sale was contingent on sea trial after a season sold it to a guy from MA. I went looking for a certain brand but I didn't want transom exhaust and found one in Hampton in salt water, the owner repowered in 2012 and put a closed cooling system in so as not to destroy the new engine. Overall I love to purchase on the lake but boat may not be available.