Offshoreonly.com - Dealer won't fund Factory, Need Advice

Offshoreonly.com (https://www.offshoreonly.com/forums/)

- General Boating Discussion (https://www.offshoreonly.com/forums/general-boating-discussion-51/)

- - Dealer won't fund Factory, Need Advice (https://www.offshoreonly.com/forums/general-boating-discussion/289078-dealer-wont-fund-factory-need-advice.html)

I've read through all 608 messages of this thread. Hey, it's winter. As usual, people pick sides early on and stick on their own side. I have no side, because I can only read what I read, clearly not a basis for anything informed, just pure speculation.

While there's always some BS posted, as well as needless personal attacks, I see no value at this point to deleting it. Chuck, you've behaved as well as anyone I've seen behave given the circumstances, and answered more questions than anyone in a fairly direct manner. At some point, we all hope the outcome is a good one.

This thread could be a good referral thread to those that ask questions in the future, so why not just use it as that? Saves a lot of time rehashing the past, and could very well be a good reference source for those wondering how it evolved. From what I've seen, thread deletions cause far more harm than good. People PDF them anyway, so if you're thinking posts are lost, they really aren't.

Most casual observers would be delighted to hear a good outcome from this.

Hopefully, everyone has a good Christmas and New Years.

Quote:

Originally Posted by Tinkerer (Post 3837135)

Some people just don't know when they are not wanted.
Kind of like a bad smell.

It is a discussion forum. What fun would it be if there was only one opinion for a topic?

My problem with this entire deal is the fact that 3 parties (Chuck, OCM and Frisini) are all fighting over money that does not belong to any of them. The Bank's money is still tied to to a boat that was sold to an unsuspecting new owner long ago.

I agree that Mike T can be harsh, it doesn't really bother me. However, he is usually on to something, and most times says stuff that others won't. I think his wording gets him in trouble most of the time. As bad as his grammar/spelling is, it is still coherent enough to pizz just about everyone off! :lolhit:

I don't know Mike outside of here, I have met Chuck a few times. I think they are both acting differently then they woul in real life. And they have both been playing the name calling game. Who cares? It is an internet forum.

The remaining balance of that lien could be $25k for all we know, or it could be $450k!!!

Chuck, you have explained this deal to me many times, so don't feel that you have to any more. And I do agree with your point IF the new boat was in stock at OCM and the lien transfer was done at the time of the sale. The way you did it, may be done all the time in the auto/boat/rv world, but it doesn't make it right and you can't convince me it is not "slight of hand"

I`ll jump into the fire here lol
I got into it pretty good with Mike tic tac when I did not know him .

Turns out in person ....he`s still a dick! :lolhit:
Just kidding, hes a very good guy and will give you the shirt of his back so don`t judge him by his broken punctuation keyboard .

Merry Christmas fuc kers!

Quote:

Originally Posted by 4bus (Post 3837145)

So if I'm understanding you correctly, if the balance were 25000 not 450000 you still feel that's the banks money and not mine? If I'm misunderstanding you what should be done with my equity?

I've just begun to check this thread to see how fast the page count goes up. It's hilarious :lolhit:

I don't have anything to add that other guys haven't already said. Chuck it sounds like you are getting your boat no matter what and I hope you do. Merry Christmas, Carry on :daz:

Quote:

Originally Posted by machloosy (Post 3837156)

The fastest thread ever on OSO I would bet. May end up giving the wives and girlfriends thread a run for the money. Lol. Merry Christmas

Quote:

Originally Posted by Chuck (Post 3837153)

So if I'm understanding you correctly, if the balance were 25000 not 450000 you still feel that's the banks money and not mine? If I'm misunderstanding you what should be done with my equity?

The point I was trying to make, was the loan should have been paid off with the proceeds of the sale.

However, if the balance is higher than the new price of the CC, just makes it even more wrong...if that is even possible.

I don't agree with what you did and what you are trying to do.

And my take is OMC is trying to do 1 of 2 things.

1. They know they have you by the balls and they don't care, taking their time under their terms. Kinda like a crack dealer screwing you over, they don't care cause what are you going to do....call the cops? They keep claiming they were not aware of the lien at the time of the transaction, meaning they are claiming fraud on your part.

or

2. They are afraid that Frisini like others will just take the money and not produce a boat, so they are trying to insure the boat is delivered....as they expressed in this quote way back near the start of the thread

Quote:

Originally Posted by OCM (Post 3835400)

Chuck’s posts regarding his dealings with Oregon Custom Marine (OCM) have been extremely misleading and grossly inaccurate.

There was never a lien on Chuck’s trade-in. There is no way to transfer clear title if there is a lien. Chuck provided clear title, which OCM transferred to the ultimate buyer. We contacted the bank that allegedly had the lien, who has confirmed that no lien existed on Chuck’s trade-in.

Chuck “traded down” by buying a new boat that is less expensive than his trade-in. OCM paid Chuck $75,000 cash for the difference in values.

OCM has purchased approximately 12 boats from Frisini Motor Sports. Pursuant to our customary practice, and with Frisini Motor Sports’ agreement, an initial payment was made, with the balance due on delivery of the boat. The delays that Chuck complained about were not caused by OCM.

Frisini Motor Sports has now agreed to complete Chuck’s boat and deliver it to him in February, 2013. OCM will pay the balance due and owing when Chuck inspects and approves it.

We regret that Chuck chose this forum to express his frustration. However, he should have been more accurate in describing the transaction, rather than casting doubt on the integrity and good business practices of OCM.

Oh, and Chuck.....I do wish you and your family a Merry Xmas as well. And I am still hoping all 4 parties (bank, nt owner, Chuck, and OCM) involved finish this transaction happy.

Quote:

Originally Posted by 4bus (Post 3837175)

Oh, and Chuck.....I do wish you and your family a Merry Xmas as well. And I am still hoping all 4 parties (bank, nt owner, Chuck, and OCM) involved finish this transaction happy.

Thank you, Merry Christmas to you and the new bride.

Quote:

Originally Posted by 4bus (Post 3837173)

One thing I do want to point out. I have tried to answer every question asked of me here. You never answer my questions when I give an example. I really would like to hear your opinion on my last question and when I gave you the ordered truck scenario. Thanks.