Nat'l Liquidators/yachtauction buyers
#1
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Nat'l Liquidators/yachtauction buyers
Need a little help on how the process works on this site. Has anyone called and offered a lower amount of the minimun bid? Is this a true auction with a set amount of days for bids and highest bid takes it? Thanks for any info someone can share. Think Spring!
#2
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This is all explained on their website in depth if your serious why don't you make a phone call to them and find out what the deal is?
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I think he is asking us because there is more too it usually than what is on the website. There is a repo yard by me and the guy doesnt take offers lower than the beginning bids. The repo yard near me has a guy that runs it who in my opinion is a jerk. I would tell you to try and get the reg numbers off the boat and track down the bank. Than deal with the bank direct. I know a few people who have went this route and it worked out well for them.
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I've bought three boats from them, it's a negotiation, not some strict by the book auction. The minimum bid is a value indicator of where the boat should sell. If your numbers is in the game they'll talk with you, if it's not don't expect a call back. One thing to remember is the website lags behind the sales so alot of times things listed on the site are already sold or under contract.
#9
A friend of mine bought 5 boatd so far from them working on a 6th. I talked to him a little about it. He said in a simple sumary, You can offer any thing you want on the boat no matter how abstract. As long as you can provide 10% of your offer no matter what they have to submit it to the bank by law.
-Mike
-Mike