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  1. #1
    Join Date
    Aug 2006

    Trying to buy a donation boat.....hows it work???

    My buddy is trying to buy a donation boat from a high perf boat broker and the ask price is $ does this all work and can they accept a low ball offer on a deal like this?????

  2. #2
    Registered User BAJA WILL's Avatar
    My Boats:
    Don't even mention the word boat
    Join Date
    Feb 2001
    Tampa, Indian Shores Beach
    In most cases, yes they can accept what ever they want. Howeverr the Broker probably is set up so that the more it sells for the more he gets. Also in some states, now the seller only gets to deduct what the boat actually sells for, so he may not let it go. I guess one would need to know the agreement between, Donor and CHarity. Does the charity have clear and free title??

    I would treat it just like any other, boat purchase. That being said, for 90K it better be a damn nice boat.

    Last edited by BAJA WILL; 12-19-2008 at 11:55 AM.

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