Paid in Full!!! Where is the Boat!!!!
 

I promised my friend that I would not list the brand by name, but their name begins with a P and ends with an A, and they are from Miami. In March or April of this year my friend purchased a new 28 ft. boat and traded his boat directly with the manufacturer. He made arrangements to payoff his trade in and finance the balance of the new boat. He pays the manufacturer in full and gives them his boat with a free and clear title. They had his trade already sold to another customer, so now they have all the money!!! My friend is given a delivery date of May 15th. Not only does May come and go but the balance of our short upstate New York boating season.. Every weekend it is a diffrent excuse and a promise of "next weekend for sure". Well here we are in mid September and he still has no boat.What he does have is less cash from paying for a dock all season, less cash for paying insurance on a boat that doesn't seem to exist, and less cash from the 6 payments he has already made on his new boat.The reason for this post is that I'm trying to convince him to let my sister who is an extremely sharp attorney get involved. Do you guys know of anyone else who this company has in my opinion stolen from? Does my friend have to wait for another fool to make a deposit so that they have the cash to finish his boat? He still believes that this is just some bad luck and that they are a good company to do business with. I think they are floating on his money and who knows who elses. Help me help him see the writing on the wall. Thanks in advance for your replies!!

That just doesn't seem right. He's out cash and now will have a boat stamped 2003 for a 2004 season. ROBBED

From what I have read and seen through my friends.

I would never give a red penny to any boat compnay until my boat is 100% done and I test drive it period. I can only say that it's sad what happened to your friend from a SO-CALLED professional boat building company.

But from what I heard on this board it's normal to get your boat put on the back burner after spending tons of your money.

After hearing your story lets wait and see if they post a reply. Tell them you'll buy it at a 2003 price :D

I think there should be a Horror story section on OSO :crazy:

I have the stones to write their name but my friend asked that I don't. He also has been speaking to them almost everyday for months. I understand that there was a terrible tragedy, but this has nothing to do with him and the money he is out. Just because they are nice people doesn't give them the right to float on his 100K. My comments would only be unjust if they were not 100% true.

So let me get this straight he gave them 100K and they still haven't delivered on a promies? sounds like just bad buisness to me.

AS far as owning a custom built boat who cares I would never buy a boat that's not even built yet after hearing these kinds of horror stories. I'm not going to be chasing some company around while they spent my money long ago. Seems to me that if a company is established they should be able to deliver on their promises. And from what this gentleman has said This company has not so lets wait and hear the other side.

This is really not fair to make this kind of post without Pepe and Jo's side.. Pantera is the last of the real Builders around.

I'm just confused on how these companies can just take your money, promise you false hopes and keep your money and then deliver the goods much much later then promised. I have heard more false hopes and promises from people about their dealing with boat companies than I need to hear.

Does any boat building company give you in writing a Delivery date?
Or you just give them the money and wait and wait and wait
seems from I what noticed they screw who they know they can screw and get away with it. Then take care of who needs to be taken care of.

Oh and by the way I have stories about companies but choose not to air diry laundry out on a he said she said forum.

Thanks for the p.m. Panteraman. Too Old. I,m not looking for an argument, but once again everyword of what I have printed is true. I agree that it wasn't smart to pay in full but that is over with. If you would like to hear it form the person himself just p.m. me and I will p.m. you his phone number. I am only trying to help him get his boat. Maybe a little fire under their ass is what they need.I do appreciate your input though.

By the way, my friend also talked his buddy into buying one also and he sent 60K deposit. He is way past his delivery date and due to the company not returning his phone calls either has decided to get an attorney invoved

I agree delete this thread

tell your buddy to join OSO and post it himself!

There should have been a deposit but never pay the total amount due. When I do a project for someone I never take the total up front. Though I have been burned doing it this way. We now get 50% (covers the cost of deposit on equipment)and a weekly check for the work that is accomplished. I agree with Too Old your info is hear say. If the man who spent the money posted it would be diferrent. I also would like to see the other side. In their defense we have seen many of the boats that are built out of the Pantera factory through the in production process to completion on OSO. Everyone seems to have been very satisfied. If nothing else he should get on a plane and go see his boat. Join the board and post his findings along with his friend. I do believe this post should be taken down also.

ok ok you guys win I'm calling him with my password and the next post will be from him himself.

I'm surprised that it isn't handles like earnest money on a home purchase. The money is held by an attorney with a contract that stipulates certain deadlines for the process to be completed. If those deadlines are not met, then the contract can be adjusted if both parties agree or canceled and the money returned. I don't necessarily care to get more attorneys involved, but for the $300-400 it would cost it sure would give some peace of mind. Most of these boats cost as least as much as a small property after all. It would also protect the builder. I'm sure something of this type of contract is already used. I'm surprised anyone would lay out there money to someone else given the current economy w/o some sort of protection.

PS. Tell him to join. If he uses your password how will anyone know its not you? After all....its free :)

That's what I'm saying seems to me like they what you to fork over all the money 100% and bendover and wait. There has to be some sort of way you can buy a custom boat a safe way?

There has been at least 3 boat dealerships alone in my area that have taken money and split before getting your boat. I have had more money wasted in getting lawyers involved in boats then I ever thought . I am NOT saying all boat dealerships and buisnesses are like that but there has to be a way you can buy a Custom Boat and not risk your $$ a happy medium

We were just talking the other day that we've never ever heard a bad word spoken about Pantera. I would be more likely to give up front money to them than any other builder I know of.

There is always two sides to a story. How do we know it wasn't due to changes from the buyer, or some other influence. I for one and certainly sticking with the Pantera reputation without more information indicating otherwise.

chuck,

i understand your buddy's frustration. and i am not saying it's good bussiness practice. but when ordering a custom boat, i have never seen one on time from any manufacture. the whole word meaning custom. it takes time to build a qaulity product. and if you guy's can't give them a break from the recent events then you have no feelings whatso ever.

i am sure they will finish the boat asap. i am also sur it will be a 2004. july 1st is the change over for the new year in the boating industry.

i realize it blew your boating season but look at the bright side. you will get an 04 boat for an 03 price wich in january will be the usuall increase of 10 - 15 %. jumping up and down will only make matters worse.


and not to mention if your buddy has a problem tell him to register it's free and complain himself. earase this thread for it has no purpose hear for the plain fact it has nothing to do with you.

Treadwell

Dear Treadwell, The boat was three months late when the accident occured. The owner seldom returns phone calls. When my friend got the boat fiananced he needed the serial number to do so. So now he has a 2003 boat,and won't use it until 2004. The 10-15% diffrence you thought would be to his advantage in reality is probably depreciation of about 30 %.

I do understand peoples replies that this is his argument and not mine, but he is apprehensive that he will never see the boat nor his money back. I have had many phone calls from him today concerning these posts. He would be happy to speak with anyone personally to support this thread in private. Just so some of you know, I have received some private messages from customers with similar circumstances. P.S. I do own a custom boat and it was only about three hours late.

Do we need reminded this is an open forum?
He has expressed a ligitiment concern of his friend and all he has gotten is a rash of crap from those who haven't lost a dime. Such brotherly empathy is terrific.

Thanks Wild Thing!!!! I thought I was doing a stand up thing.

It's funny how we always want to delete threads that touch a little too close to home or our friends. I wish I had more friends that were willing to stand by my side in the heat of the battle and not just the ease of day to day routine.

I don't personally know the Nunez family, nor am I familiar withtheir business practices. What I am familiar with is their product. It speaks for itself. I am also convinced that a product like thiers would not be possible without 100% devotion to their work.
When I read a thread like this, I am reminded of the past in whick one person would use several identities in order to either promote his own product or slam someone elses. I think that guy is presidnet of Apache boats now:rolleyes:
Anyway, I don't believe much I read on the boards anymore, unfortunately.
If someone has proof, that's another story, otherwise, please keep it to yourself.

Didn't you just do what you said not to do?
Where is your proof on the Apache comment?

I bought a used pantera from a private individual. Since that time, Jo and Pepe have helped me numerous times with everything from handling issues to recovering my bolsters all at minimal or no cost. They have spent hours advising me on set up and performance driving of their product...They have treated me as if I purchased the boat new from them.

Maybe they are trying to lure me into giving them a huge deposit on a new boat. (Which I might do in the future) I doubt it would be to finance another customers boat.

Or

Maybe there just great people to do business with that fully support their top quality, custom product!!

Either way they have been wonderful to speak with and I doubt that they are willing to destroy their reputation that has been built up over many years for 100K.

Have your friend write his story and post it himself instead of you trying to get support here and revenue for your sister!!

P.S. If she's good looking, post a picture :)

Troutly, Well said!!!
To the unbelieving & unsympathetic:
Nothing is more useless than other people’s money that’s at risk. However if it is your own personal money at risk then all of a sudden we want everyone to empathize with us and hear our story. I have seen this reoccurring theme, time and time again on OSO. One guy laughs at another guy’s frustrations or problems and the next thing you know the laughing hyena has a whole rash of his own problems and is the biggest cry baby of all time. Perhaps it will be your money at risk next time, and who will you tell your story to? To those who know hi performance boats of course, and so the world turns at OSO.

Hello
 

I own a Pantera and have had a few problems with them but we were able to work them out, You will get your boat and you will be very happy with it. I talked to Dominic the owner of the mentioned boat and he is a nice guy, all he wants to know is a completion date on his boat, he likes Joe and his family but is getting alittle nerveous because of the money he has commited. Custom made boats always seem to take longer than expected, and as for TOOO Old you should take your geritol and shut the f*&k up, this is an open form. The only thing I will agree with you on is that the owner should post a thread , and bashing unless you have the facts or written goods to share gets you no where

I would be nervous too , although I am sure the boat will be delivered , they always are.

Well a compelling and intelligent argument was laid out and you didn't like it either, so which is it?

quote:
--------------------------------------------------------------------------------
Originally posted by panteraman28
..... and as for TOOO Old you should take your geritol and shut the f*&k up......

Hey Panteraman28,

How about showing some respect! Fred is well respected here !

back at you
 

Just as intelligent as your over opinionated attitude,is it your money?

Thats better:rolleyes:

Hey Leave Too Old alone he has about a million Burgers to nail down;For a Major storm is coming his way..

Besides that he said she said!! who knows the facts //No principals have posted here in our little Kangeroo Court.

Fact is Pantera has been around for a long time and this is not the first 28 they have built is it ??

so what is different about this one?? Were changes made along the way ?? Plus It is none of my business anyway..

OUCH....I JUST INQUIRED ABOUT A 28' PANTERA AND TALKED WITH JO AND PEPE IN THE SAME DAY....SO THEY DO ANSWER THE PHONE

Post is just B.S. unless person who ordered the boat, or Pantera speak up. I understand his concern and aggrevation. But, if he's trying to get his boat done, I don't think having a second party post second hand info is the best approach.

If he thinks he's getting f----d, that what they have courts for.

Personally, if it was my $'s I would be on a plane to Miami to check on the progress. At the very least have them e-mail digital pictures of the boat's construction.

hello
 

Respect is given, when respect is earned,Like I mentioned before I spoke with the owner of the boat and ashured him that Joe will get him his boat,and it will be worth the wait, His friend should not be bashing Joe since his money is not involved either. I hope I can put an end to all this BULLsh%t buy saying perfection takes time, and as far as Im concerned panteras are perfection, whether its a race boat or a pleasure boat, you cant find a better boat for all around useage

Re: Paid in Full!!! Where is the Boat!!!!
 

Yes this is forum for free expression, but this is getting out of hand with the name calling and accusations etc.


Call and deal directly with Jo or Pepe and I am certain you will have your problem solved.

I am aware of a similar situation occuring with the same manufacturer a few years ago. It really sucks for the potential owner. Credit hold (Merc) was what I heard. They still build a hell of a boat and I would love to own one.

Mike