Like Tree0Likes

Outerlimits Alive & Well

Reply
Old 11-18-2008, 10:20 AM
  #21
Registered
Platinum Member
 
THEJOKER's Avatar
 
Join Date: Nov 2000
Location: Lake Lanier - N. Georgia
My Boats: Being a great husband and dad , boats , golf
Posts: 6,307
Default

I've never heard of a program like that. When I was a Cig dealer it was pay up front for anything you have in inventory. Then it was keep what ya got and good luck.
THEJOKER is offline  
Reply With Quote
Old 11-18-2008, 10:59 AM
  #22
Registered
 
Join Date: Oct 2005
Location: Plainville/Old Lyme, CT Boca Raton, FL
My Boats: 37 Active thunder 700/NXT / 40 Intrepid Trip 350 Yammy's
Posts: 5,457
Default

i may be wrong but i think having that buy back clause was the only way the bank would lend the money and keep the interest within reason......................
302Sport is offline  
Reply With Quote
Old 11-18-2008, 11:12 AM
  #23
Registered
 
Join Date: Sep 2001
Location: NJ, PA
Posts: 1,132
Default

OL does make a great product. But there is no need to feed the wolves by giving Co info. Moreover, you may consider yourself to not be volunteering information however some can read between the lines. In time a company that produces boats in the future will be seen as "weathering the storm."

I.E. Dont tell the public your re adjusting to the times - it means your either making a cheaper boat or laying off employees or reducing costs at some other level.

Wishing all boat companies and employees calm seas for 2009 and beyond!

Chris Del Collo
Business & Real Estate Management
856-904-1961
TOASTY is offline  
Reply With Quote
Old 11-18-2008, 12:16 PM
  #24
Registered
 
Join Date: Feb 2006
Location: Savannah
My Boats: 1999 spectre 30/ 98 Maxum cuddy
Posts: 749
Default

Quote:
Originally Posted by 302Sport View Post
This may only be rumors but I have heard through the grapevine that Lake cumberland is going under and they have 15 new OL's in stock that OL because of legal reasons is required to purchase back from Lake Cumberland at 80% of what they were originally purchased by Lake Cumberland for......is this true and if it is what is going to be the outcome?????
i went by LCM yesterday and everything looked
fine...all bays were full and busy....new fountain displayed out front and all the outerlimits sitting were they always are.....looked just like it did at the same time last year....but that may be part of the problem huh....
getchasum111 is offline  
Reply With Quote
Old 11-18-2008, 12:23 PM
  #25
OSO OG
Gold Member
 
DollaBill's Avatar
 
Join Date: Feb 2004
Location: Blue Martini Hall of Fame
My Boats: Making hot chicks hotter since 2010
Posts: 7,031
Default

Quote:
Originally Posted by 302Sport View Post
i may be wrong but i think having that buy back clause was the only way the bank would lend the money and keep the interest within reason......................
Thats correct for most. Havent been involved with Cig for a lng time so I don't know their specific deals. Buyback is usually at 60-70% of original dealer invoice.

With that being said, rumors are no good for anyone and there are ALWAYS rumors floating around (no pun intended LOL) that aren't true. OL is a very well run company and I'm confident they have their act together

Last edited by DollaBill; 11-18-2008 at 12:25 PM.
DollaBill is offline  
Reply With Quote
Old 11-18-2008, 01:15 PM
  #26
Registered
 
Join Date: Jul 2006
Location: Chicagoland
My Boats: Sunsation
Posts: 83
Default

I think all floor plans have that same Clause.
bunbuster is offline  
Reply With Quote
Old 11-18-2008, 02:30 PM
  #27
Charter Member
Charter Member
 
Dean Ferry's Avatar
 
Join Date: Nov 2000
Location: Merritt Is. Fl. USA
My Boats: 2006 Hustler 388, 2004 Hustler Talon 25, 1999 30 Spectre cat and 2007 21' hydrostream voyager w/ Merc. 225 EFI
Posts: 6,580
Default

Quote:
Originally Posted by TOASTY View Post
OL does make a great product. But there is no need to feed the wolves by giving Co info. Moreover, you may consider yourself to not be volunteering information however some can read between the lines. In time a company that produces boats in the future will be seen as "weathering the storm."

I.E. Dont tell the public your re adjusting to the times - it means your either making a cheaper boat or laying off employees or reducing costs at some other level.

Wishing all boat companies and employees calm seas for 2009 and beyond!

Chris Del Collo
Business & Real Estate Management
856-904-1961
toasty,
that's what I was kinda thinking, "readjusting" and the whole reason for the thread in the first place, seems rather reactive. I hope all the builders/dealers make it thru this tough time.........
Dean
__________________
Everything is for sale @ a certain $$
Dean Ferry is offline  
Reply With Quote
Old 11-18-2008, 03:09 PM
  #28
Registered
 
Join Date: Sep 2001
Location: NJ, PA
Posts: 1,132
Default

Thank you Dean!

I am sure OL will be fine.
Sometimes business owners are unable to reserve comment and must address all outsiders view points or criticism with personal or confidential info. OL and their representatives need to be aware that their customer service at poker runs (although I have not been to one & simply just read about their quality service) which goes above and beyond will speak volumes about their staying power

Chris Del Collo
Business & Real Estate Management
856-904-1961
TOASTY is offline  
Reply With Quote
Old 11-19-2008, 06:29 AM
  #29
No Comment
VIP Member
 
packinair's Avatar
 
Join Date: Jan 2002
Location: This post copyright, Packinair Inc. All rights reserved.
Posts: 1,637
Default

Quote:
Originally Posted by DollaBill View Post
, rumors are no good for anyone and there are ALWAYS rumors floating around (no pun intended LOL) that aren't true.
if I posted up everytime I heard a rumor about Bill oso would have over 3 million posts, but with him 99% turn out to be fact.
__________________
packinair is offline  
Reply With Quote
Old 11-19-2008, 02:38 PM
  #30
Registered
Trade Score: (1)
 
29KILROY's Avatar
 
Join Date: Mar 2004
Location: LOCKPORT, N.Y.
My Boats: -272, Killer 29 Outlaw, Boatless- For Now....
Posts: 689
Default

Great to hear about OL! I met Mike this year @ the Seneca Lake run and all I can say is he and his crew are a class act.
29KILROY is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
drypipetiger
General Boating Discussion
152
02-09-2007 03:04 PM
BLee
General Boating Discussion
15
04-27-2006 09:35 AM
Wasabe
General Boating Discussion
18
03-15-2005 05:41 PM
Vegasman500
Scarab
0
08-08-2004 04:41 PM



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 On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 07:01 PM.


Copyright 2011 OffShoreOnly. All rights reserved.