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May have to sell my new Formula 312

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Old 02-22-2005, 06:11 PM
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Default Re: May have to sell my new Formula 312

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Originally Posted by obnoxus
I agree. Alot of people are asking big money for boats and sitting on them..

I'm sure a big part of it is they depreciate so fast the owe more then they are worth. Also the internet has hurt as paople take Nada and such and thats the price ,,, period.

That said,,, 55-60k.
There are also people who appreciate and pay more for the super clean boat,,, just harder to find.
If it must go, then I will have to get what the market will bear. Luckily I have the title in hand, so it's not because the boat payment is hurting me. I just need the cash to pay the income taxes on that property. I'd hate to get a loan to pay Federal Income Taxes!!!! I will be MUCH better off in a few years because of this property investment, but now it's time to pay.
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Old 02-22-2005, 09:23 PM
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Default Re: May have to sell my new Formula 312

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Hey, Can we make it like the Girl Scouts where all the girls pitch in on the truck wash!!!!
I'm willing to bet I can sell that one!!!!
now your talkin !! i ll bring the beer,james can bring the beads!!
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Old 02-22-2005, 09:23 PM
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Default Re: May have to sell my new Formula 312

did you buy that at SML?
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Old 02-22-2005, 10:04 PM
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Default Re: May have to sell my new Formula 312

t500hps,

I am in Virginia Beach and may be interested in your boat. shoot me a PM if you still want to sell.
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Old 02-22-2005, 10:19 PM
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Default Re: May have to sell my new Formula 312

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did you buy that at SML?
No...Was sold new/ kept in Long Island and that's where I got it from. Isn't the one in SML still for sale???and have 454/310's.
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Old 02-22-2005, 10:38 PM
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Default Re: May have to sell my new Formula 312

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t500hps,

I am in Virginia Beach and may be interested in your boat. shoot me a PM if you still want to sell.
you have mail
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Old 02-22-2005, 10:43 PM
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Default Re: May have to sell my new Formula 312

back at cha
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Old 02-22-2005, 10:47 PM
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Default Re: May have to sell my new Formula 312

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Originally Posted by t500hps
No...Was sold new/ kept in Long Island and that's where I got it from. Isn't the one in SML still for sale???and have 454/310's.
It has 454 mags with latham, I looked at buying that one before i bought my 01
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Old 02-22-2005, 10:50 PM
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Default Re: May have to sell my new Formula 312

Not sure you can borrow on the equity. I have been trying to pull some cash out of my boat also paid for. The boat loan guys tell me they cant finance a boat I own outright unless I am going to put the money back into the boat.
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Old 02-22-2005, 11:00 PM
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Default Re: May have to sell my new Formula 312

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Not sure you can borrow on the equity. I have been trying to pull some cash out of my boat also paid for. The boat loan guys tell me they cant finance a boat I own outright unless I am going to put the money back into the boat.
I feel that I could borrow against it if I didn't try to get all the equity out of it. I just don't like borrowing money for toys. 15 yr note of the house, 3 yr note on the truck and no other debt....well other than a 7 figure commercial building that's rented out which created all this mess.
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