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Why is SVL so slow

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Old 04-23-2003 | 07:22 PM
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Default Why is SVL so slow

In growing? I would have thought that was the class to be in. It has almost gone full circle back to A class. I think maybe a spec. motor drive and X dimension would help. It still seem like a lot of R&D to have a competitive boat. What do you think? I keep hearing all these people say thats were they are going but never see any new boats.
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Old 04-23-2003 | 07:58 PM
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Good question. There are quite a few used Phantom's out there or you could by a new Activator or Extreme, they are all competitive. After my couple of years in F1, and based on what you can buy a SVL for, it is a logical move and Much safer.
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Old 04-23-2003 | 10:07 PM
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I think it has alot to do with the economy. The numbers in most of the classes were down alil in Daytona. Once the economy comes back around I think you will see another growth spurt
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Old 04-24-2003 | 06:05 AM
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l1.ack of manufactures maybe?...2.you get more exposure in F1 for less $$$..just my .02 only.
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Old 04-24-2003 | 11:51 AM
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We have considered building a 28 with a canopy for this class, I think they have one of the best classes going, hopefully the numbers will come up.
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Old 04-24-2003 | 08:00 PM
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Chris,
You are talking a OMD 28 for the class right?
Rick
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Old 04-24-2003 | 10:08 PM
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But they are difficult to finance, as banks generally do not have data on Phantoms or Extremes -- not to mention that they don't come with engine and drive (generally speaking).

I looked at this class intially, but found it much easier to purchase an F2, believe it or not. I simply wasn't prepared to plunk down around $75-$85k in cash.

Just my $.02 -- maybe there are some banks that are easier to convince, however.
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Old 04-24-2003 | 10:32 PM
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JB,
If you are going to get a loan it is always easier to use real estate equity.

Thats what we do for all of our depreciating assets.

Rick
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Old 04-24-2003 | 10:38 PM
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Originally posted by Shane B
You can build a SVL for alot less than a new factory boat
Yes? Please tell me more.
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Old 04-25-2003 | 09:57 AM
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Maybe , just maybe, the class could have grown some, if a current SVL owner and seller would have provided their best price $$ upfront rather within a 30 day period coming down to $50k from $90k, makes you wonder what was up in the beginning, makes you wonder what's up with the class???
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