Where is the Cigarette Market at ??
12-23-2008 | 03:24 PM
#201
Registered
Joined: Dec 2004
Posts: 1,820
Likes: 5
From: Turku, Finland
Not that in any way I say a Sonic is a Top Gun but there is a nice 358 at the National repo yard for 65k and some other nice Sport boats out there for great prices. The banks in any other time would be putting the prices at blue book but now they just want whats owed on the loan and after a while anything they can get,they need the room for more. Peolpe are broke and need out you also see some out there that are way above what they are worth due to them being way upside down. The deals will be made on repo boats if you got the cash or credit you will be able save 75% over what it would have cost 2 years ago.
I did 10 yrs ago Repos and chapter 11 overseeings here and it started again this fall.
Last Friday two trucks got sold for less then 50% of the market value..or the market is 50
% down currently.
Actually I´m Happy some rotten tomatoes will be off competing as it levels the field a bit.
12-23-2008 | 03:33 PM
#202
Registered
Joined: Dec 2004
Posts: 1,820
Likes: 5
From: Turku, Finland
blondes named Julia Carol Shelby and Emilia Lisa Patricia.
Also Im not homofobic or politically challenged as some..
If you want a succesful night club ( and those do make loaqds of money ) for example hire Gay( ?) good looking and muscular Males.
Why, well the Girls all want to try to score or just be around them as they won´t harrass a woman even if they would be out by themselves alone in a powerboat.
Plus the male customers will follow the girl customers...usually.
But I won´t squel like a pig or bend over.
12-23-2008 | 03:38 PM
#203
Registered
Joined: Dec 2004
Posts: 1,820
Likes: 5
From: Turku, Finland
Still show me where you can get a nice Gun with 525's for 125K?? The owners arnt willing to sell them for that low. I thought you were a Cigarette guy?? You saying everything isnt worth anything or trying to low ball offer everyone isnt helping. Those 07's arnt new.
12-23-2008 | 03:43 PM
#204
Registered
Joined: Dec 2004
Posts: 1,820
Likes: 5
From: Turku, Finland
True to a point but if that was the way it was there wouldn't be any boat builders.
I do more of don't borrow for a toy you cant write off on your taxes. and even rich people borrow for 500k and higher toys, they make more with the cash than they loose on the toy, if they do it right.
I do more of don't borrow for a toy you cant write off on your taxes. and even rich people borrow for 500k and higher toys, they make more with the cash than they loose on the toy, if they do it right.
Yes and no...
If you credit it personallly no tax witdraws but if you buffer it thru a company then maybe yes even in the states right?
Want to know how some racetoys have so much stickers on them and some don´t ?
Not necessarily sponsors but "sponsors"... If you know what I Imply you must be a racer...
12-23-2008 | 03:53 PM
#205
Registered
Joined: Dec 2004
Posts: 1,820
Likes: 5
From: Turku, Finland
No way.. start to make products in the USA and I´m all thumbs up for them and willling to sell them overhere.
But try to sell Chinese Mexican or Canadian with a US Brand no thanks.
I had one Trans Am made in Canada and the Electrics reminded me of a French car...
Come to think of it..stuff I´ve been disappointed with since the last decade has all come from the Aftermarket in engine parts for American Iron. ( intakes cranks rods camshafts etc)
I won´t publish any names but the most well known brands are all outsourced.
There´s small shops I rely on in the midwest that still do it themselves.
The same shops also makes parts to raceteams that are sponsored by the big names in the business with the big names partsnumbers even but only for racing use and specific customers.
OT.
Regarding Jihads I think we have it coming... but I Still think it was the right thing to do.
http://www.finlandforthought.net/200...ce-deportation
http://www.hs.fi/english/article/Omb.../1135221079512
And as of today :
http://www.yle.fi/uutiset/news/2008/...is_446950.html
Note thet even after 16 yrs not granted citizenships despite having family and all here so no Mayflower2 getting docked here for real.
Last edited by MikeyFIN; 12-23-2008 at 04:47 PM.
12-23-2008 | 05:31 PM
#206
Platinum Member
Joined: Jul 2005
Posts: 1,148
Likes: 17
From: Houston, TX
Lots of people wouldn't agree with this, and I'll be the first to do so.
I agree that people shouldn't borrow money beyond what they can afford in order to buy toys, but I'll tell you this - I am not going to spend cash on a boat (not that I could), when my equity line is at 3.75%, and 1/3rd of that is tax deductible.
But in the end it is everyones choice. Some don't feel comfortable being leveraged, and some do. In my case - I evidently love it.......
I agree that people shouldn't borrow money beyond what they can afford in order to buy toys, but I'll tell you this - I am not going to spend cash on a boat (not that I could), when my equity line is at 3.75%, and 1/3rd of that is tax deductible.
But in the end it is everyones choice. Some don't feel comfortable being leveraged, and some do. In my case - I evidently love it.......
My rule of thumb is don't buy anything that I am unable to pay cash for. With that said, I don’t pay cash for everything. If you can make money elsewhere with the cash, then finance the boat. Today it may be a different story because it is hard to make money, but I still have liquidity. If I had that money in my boat, I am not getting it out any time soon. Cash is King, especially when it is in the bank not the boat!
12-23-2008 | 07:30 PM
#207
Registered
Joined: Jun 2005
Posts: 11,903
Likes: 1,140
Still show me where you can get a nice Gun with 525's for 125K?? The owners arnt willing to sell them for that low. I thought you were a Cigarette guy?? You saying everything isnt worth anything or trying to low ball offer everyone isnt helping. Those 07's arnt new.
A few were quoted saying even straight bottom boats were worth well over 100K......... don't think anyone would take that position now.
The blue 07 in Chicago has been for sale for over 18 months and was 279K this time last year (a friend was trying to buy it, he ended up with another 07 for 250K (demo boat, 70 hours). They want 257K now, boat won't sell for over 225K sitting on the trailer in today's market. Me being the cheapskate couldn't pay over 200K for it as long as snow is on the ground!
Some other used guns have popped up on OSO for EXACTLY what they paid for them in 07 after putting a 100 hours on them. Don't see those selling either but maybe I am just a pessimist!
12-23-2008 | 08:03 PM
#208
Registered
Joined: Dec 2002
Posts: 959
Likes: 0
From: chesapeake bay md
12-23-2008 | 10:52 PM
#209
Platinum Member
Joined: Sep 2007
Posts: 1,676
Likes: 36
From: Millsboro, DE- Cape Coral, FL
I think your post are totally off topic, you have no idea what American business owners go thru to make and run thier business in this country, we work long hours, put up with alot of B.S. and pay lots of Taxes. My Grandfather faught in the 2nd world war, he was a B-17 Pilot, he flew 56 missions over Germany from his base in Italy, he was not drafted!!!!!, he is the reason you can come on this site and spout you anti American rederic!!!, if it was not for America, your country would be part of Germany, or Russia? I know things are not great in this country right now, but if we had to defend our friends or ourselfs, we could do it hands down, without any help from any country in the world!!!!! As for boat builder's going out of Business, I am tired of hearing about it, or any American business going out, it does not help the market or our sport!!!, There are real people behind these companies, with dream's and familie's, not just internet talk. Please think before you post, it may hurt some people!!!!!!
