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"Custom" boat purchase terms?

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Old 06-23-2004, 08:56 AM
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Location: LaPlata, MD, USA
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Default "Custom" boat purchase terms?

What are the usual payment terms when ordering a "custom" boat? I here a lot of stories about people ordering boats from various manufacturers and experiencing endless delays. How much $$ up front is the norm? I would be pissed if I had to lay down a significant sum only to be continually delayed. Is it like a construction loan on a house? You release funds as work is completed?
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