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Dec 30th, 2023
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 Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309147
09/12/13 06:42 PM
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Joined: May 2009
Posts: 8,939
Barrett
TFF Celebrity
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TFF Celebrity
Joined: May 2009
Posts: 8,939 |
Because 1000 dollars off is not worth the pain of going through the process.
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309177
09/12/13 06:52 PM
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Joined: Jun 2012
Posts: 6
Jigbite
Green Horn
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Green Horn
Joined: Jun 2012
Posts: 6 |
but if you could save 7-8k on a certificate and use the certificate to upgrade you would still be saving 7-8k
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Re: Why is it so hard to sell a boat certificate?
[Re: Jigbite]
#9309186
09/12/13 06:54 PM
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Joined: Oct 2010
Posts: 9,666
Bradshuflin aka hunter'sdad
TFF Celebrity
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TFF Celebrity
Joined: Oct 2010
Posts: 9,666 |
but if you could save 7-8k on a certificate and use the certificate to upgrade you would still be saving 7-8k But you would need to buy one for 28k or so to do this
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309433
09/12/13 08:10 PM
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Joined: Mar 2008
Posts: 3,228
YankHardReelFast
OP
TFF Team Angler
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OP
TFF Team Angler
Joined: Mar 2008
Posts: 3,228 |
I just called Legend for grins. They told me they would allow you to upgrade to a 211 with the standard equipment (listed HERE) for $22k. If you could buy the certificate for $30k and put $22k with it, it sounds like you'd be getting a heck of a deal.
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309856
09/12/13 10:34 PM
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Joined: Jan 2009
Posts: 604
dble dee
Pro Angler
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Pro Angler
Joined: Jan 2009
Posts: 604 |
The banks will not finance on a certificate. They need a hull identification number to finance. You almost have to find someone with cash.
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309866
09/12/13 10:38 PM
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Joined: May 2003
Posts: 106
BigPappa
Outdoorsman
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Outdoorsman
Joined: May 2003
Posts: 106 |
Look at it realistically.... if you were in the market, is that a deal you would jump on... Pretty sure you, if being honest, would want to get it for less. When you consider that the investment was from $100 - $300, even taking $20k for it would be a hell of a return on that investment.
Just my .02 worth
I Love It When They Call Me Big Pappa!
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309894
09/12/13 10:47 PM
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Joined: Mar 2008
Posts: 3,228
YankHardReelFast
OP
TFF Team Angler
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OP
TFF Team Angler
Joined: Mar 2008
Posts: 3,228 |
Y'all crack me up talking about how much entry fee and return on investment. This has nothing to do with that. Bill Gayes started Microsoft in his garage. His rent was zero and his electric bill was $27. So he should sell Microsoft for $25k cuz it's a fair return on his investment? (The part about Bill Gates was made up!)
Why would someone take $20k for it when they could possibly get $30k?
Back on track now....y'all have a valid point about financing. It pretty much as to be a cash buyer, someone with very strong credit or someone with alternative collateral.
I guess, as always, ca$h is king! Winning a boat only creates a little more headache.
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309906
09/12/13 10:52 PM
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Joined: Jun 2003
Posts: 32,708
HasBen
TFF Guru
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TFF Guru
Joined: Jun 2003
Posts: 32,708 |
Personally, I don't think a lot of people understand the process of using a certificate so they just pass. To anyone that does not fish tournaments, a boat certificate is a foreign object they have no idea what to do with. So a large percentage of the buyers don't even consider buying one.
“ When you're racing, it's life. Anything that happens before or after is just waiting.”. Steve McQueen
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309973
09/12/13 11:17 PM
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Joined: Nov 2007
Posts: 5,791
ssmith
TFF Celebrity
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TFF Celebrity
Joined: Nov 2007
Posts: 5,791 |
there is too many good deals that that you can sign an ride. on a certificate when someone buys one of them they are at the mercy of the manufacturer when the boat comes, an like another guy said it has to be a cash buyer because financing folks run backwards when there is no titles or mso ,s. I would like to see a guy that pays msrp for a boat.
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9310108
09/13/13 12:03 AM
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Joined: Jun 2012
Posts: 21,687
Douglas J
TFF Guru
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TFF Guru
Joined: Jun 2012
Posts: 21,687 |
It's worth as much as someone will pay you for it
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2024/11/full-72311-248284-f6b1190b_bbab_49d4_a1b2_6e9a1ce426f7.jpeg) #MFGA
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Re: Why is it so hard to sell a boat certificate?
[Re: Douglas J]
#9310145
09/13/13 12:18 AM
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Joined: Jul 2007
Posts: 727
Bowhunterman
Pro Angler
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Pro Angler
Joined: Jul 2007
Posts: 727 |
It's worth as much as someone will pay you for it This is the bottom line here.
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9310170
09/13/13 12:24 AM
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Joined: Jan 2004
Posts: 74,857
Mark Perry
Super Freak
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Super Freak
Joined: Jan 2004
Posts: 74,857 |
Y'all crack me up talking about how much entry fee and return on investment. This has nothing to do with that. Bill Gayes started Microsoft in his garage. His rent was zero and his electric bill was $27. So he should sell Microsoft for $25k cuz it's a fair return on his investment? (The part about Bill Gates was made up!)
Why would someone take $20k for it when they could possibly get $30k?
Back on track now....y'all have a valid point about financing. It pretty much as to be a cash buyer, someone with very strong credit or someone with alternative collateral.
I guess, as always, ca$h is king! Winning a boat only creates a little more headache. They might be cracking you up but they are telling you the reason....they are priced too high. If its a great deal it sells fast. If not then it will be harder to find a buyer.
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9310189
09/13/13 12:33 AM
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Joined: Jul 2011
Posts: 9,268
the skipper
TFF Celebrity
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TFF Celebrity
Joined: Jul 2011
Posts: 9,268 |
My number one reason is they are baseline boats and they are trying to get dealer prices. You bring that certificate and your going to pay msrp on it which will kill you on upgrades and such. Why not just go to the dealer and get the same boat with a few upgrades that's been there a while at the same price as the cert. Another point is there's no hiding the fact that you only paid a few hundred for the boat and people want a better deal because of that. I've heard of them being sold right after weigh in because the guys put a good price on them. So bottom line is price
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9310214
09/13/13 12:39 AM
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Joined: Mar 2013
Posts: 692
BassSniper1
Pro Angler
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Pro Angler
Joined: Mar 2013
Posts: 692 |
I think if I won a certificate. I would go ahead and get the boat. Then sell the boat. Seems to me that woudl be much easier.
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