When Building a Boat
 

My question is how payments to the builder are handled? What do most people give for a down payment and then what payments are made during construction.

I Believe Skater Is 4 Payments, Thats What I Was Told When I Was Looking At Building A 368.

Usually 3 or 4 payments at various milestones. I've seen: 30% at commission, 30% when hull is complete, 30% when motors go in, 10% at delivery.

I am building a new Nor-Tech 390 Sport now. Small deposit for the build slot, 1/3 when it goes in the mold, 1/3 at rigging balance on delivery.

Erik

Thank you, I hope to look at a CC next week and I'll see what they'll want.

Have a 340 Sport for sale, just sayin'.......LOL

Thanks, unfortunately my budget is under $200 with a trailer and all the newer NT are over that, they are a beautiful boat. My garage is 40' deep and I think I'll be limited to around 32' or 33' with the trailer.

What brands are you checking out? I was looking in that same range length and price and was looking at 30-32 concept or 32 Sunsation, which is actually out of my price range but so nice. I would love a Nortech but out of range for me as well.

Mine was 25% to secure contract, 25% when out of mold, 25% when motors arrive, 25% on delivery. I don't know how you would go about financing under these terms? Will a bank loan you the full amount on a boat that is not built yet?

I'm hoping to test drive a Renegade, Concept and Sunsation next week, I have to drive to FL from MA to trailer home my daughter's race sailboat. The Sunsation is very nice, but more expensive, I didn't look at them because I didn't like their rear seats, but they have come out with a very nice rear seat this year. I'm trying to reach someone at Performance Boat Center in FL to see if they have one to test drive. The smallest Statement I like is a 35' and I don't think it will fit in my barn, but again, a very nice boat.

The 32' Sunsation is easily the nicest in that group and the most expensive. Definitely check them all out.

Let me know when you are here so maybe we can get lunch.

When I was working with Active Thunder as a Factory Rep, it was roughly 30/30/30/10; which would adjust a bit when the trigger for major components like powerplants had to be pulled. Building new now is different with outboards in short supply and long lead times in many cases. As such, you may need to pick and earmark your power FIRST, or perhaps even commission the boat and pick the power later based on what's available.




JW Davis of Davis Watersports and Davis 4x4 in Richmond, VA has his 3rd, new Sunsation 32CCX on order, and it should be done any day now. His last two sold before he could even sea trial them himself.
https://www.davisautosales.com/windo...leasure%20Boat

He has this used 2017, but it has been under contract for a while, yet still hasn't closed. I think the boat is in Florida at the moment.
https://www.davisautosales.com/windo...ce%20Powerboat

He also has this almost new Glasstream, which I've been on and it's SICK fast.
https://www.davisautosales.com/windo...20XL%20Verados

Thanks for the offer Cash, I'm trying to test drive a Renegade in Cape Coral on Tuesday and then over to the east coast to get my daughter's boat and try the Sunsation and the Concept.

"Pantera-center-console" ?? :D

Thank you for the links, but seating in a CC is important and some boats just don't have seats that I would want to ride in. If you go to Performance Boat Center's site and look at the new 32 that sold with the new rear seating, anyone that has purchased one with the old rear seats will not be happy. The new seats are very nice and your friends would enjoy riding in it. The Glasstream is nice and more affordable with twins, but their seating is not very good, the rear and in front of the console.

One of the best for seating was the Powerplay that was built a few years ago, but you don't see them anymore.

I think I know the Renegade and dealer, good guys over there.

Again, just sayin' while you're in the Cape the NT is on the lift haha.

Erik

Erik,

Is your boat listed in the classifieds, if not, can you pm me a listing?

Is this it?

https://www.offshoreonly.com/classif...rt-o74925.html

Nice Boat!

A Nor-Tech 340 measures 38' on a trailer

Call Vernon Blanc @ Newcoast Financial, used him for the financing of my last 3 boats.

He's a straight shooter who helps find you the best option to suit your needs NOT the best deal to put the largest commission in his own pocket.
Vernon can explain how builders get funded and what would be required of you throughout the process.

727-450-1160

Erik, That boat is stunning, but unfortunately it's out of my budget. If my daughter was getting out of college and not going in, I would love to buy it or Nascat's boat, if you still have it, both boats are beautiful. I should finance the boat and get what I want, but I've always paid cash for toys and hope to keep it that way.

Nascat, Is that 38' on an Evolution trailer or does it matter the make?

Did you check out the three manufacturers yet? How did it go?