How does it work do you buy the boat and have it sit on the floor? Who owns the boat when it sits on the floor or at the boat show? I was just wondering how it works? Thanks just waiting for winter to be over

You have a short term interest only payment on it each month. Like most financed things, the dealer owns it, bank has a note on it.

10 boats@100k=1million floor plan?

Pretty sure big floor planning options are gone......which is why there are hardly any new go fast dealers!

Follow the money--
if you pay cash - amount in full -- you own it

If you take a loan - technically the loan facility owns the item

3pointstar

My local marina pays cash for his boats to get the best deal from the manufacturer. They are pontoon and deck boats but still some coin when you talk about 50 of them.

Marina would be a nice setup.
Most require slip payments by early season which leaves significant working capital to finance the floor plan for a couple months.

i presume its like any car dealer or high end jeweler...the dealer has to pay the vendor to have items sit on the show room floow/show case. whether they pay cash or take loans thru a bank is dependent of the dealers business practices.

In Canada.... most dealer floor planning is financed... paying juice till it sells.... however if the dealer goes broke generally the manufacturer is then on the hook for the entire pymt to the bank or finance company..... basically the manufacturer guarantees the paper

New boats/New cars are floor planned, so dealer is just paying a monthly fee . Any used inventory is usually dealer owned. But some/most dealers are now floor planning used cars due to high inventory values. All the parts in the parts dept. are dealer owned as well. Been in car biz over 35 years.