General Info: Negotiating the price on a 400 Lagoon, 2011

[admiralslater]

Every scenario is different but as long as you make the offer conditional on the survey you can you can control the process. When my wife and I purchased the Outremer we were ready to walk if it was not the right deal. there are lots of boats for sale. I would start at 80% of purchase. Just the fact that you flew down to see the boat makes you serious so the vendor should not be offended. One thing that my wife did was to go through every cabin ,closet and locker and take pictures with her Ipad, I t really helped when we sat down late to discuss the boat and our offer . The great thing was that the large format of the pictures allowed us to see details as we decided what to do. I still go back to them for reference.

[rabbi]

Originally Posted by Stu Jackson

If someone doesn't know what they are looking at, then they haven't done their homework and research, or are in too much of a hurry.

Asking for another discount even on fairly priced boats doesn't hurt. If demand is strong or the owner has plenty of money & time he will simply reject the offer.

But if I don't ask I won't get it.

[garrobito]

I my case, owner was a customer.. he went in a bad case of divorce and burn everything. He gave me 24 hs to meet with him in San Diego with cash.. I called every friend I have in order to borrow money cash.. and use all my saving.
We meet, check the boat, no survey, no nothing (anyway, I know the boat intimately), handle the bag, sign the pink slip, went to DMV in order to switch names and that's it!
Again.. cash talk.. have a lot of desperate people trying to sell and aging fleet of nice boats down there..

[monte]

Hah yeah that example is a bit unlikely in most scenarios. An ex husband trying to keep his ex's wife's hands of the cash. You will probably find similar deals with Mafia dons and Colombian drug lords occasionally

[tuskie]

Originally Posted by monte

Hah yeah that example is a bit unlikely in most scenarios. An ex husband trying to keep his ex's wife's hands of the cash. You will probably find similar deals with Mafia dons and Colombian drug lords occasionally

Doing cash deals with criminals? Flying to foreign countries with backpacks full of cash with an unarmed and hungover friend as "security"? Being implicated trying to avoid court enforceable divorce settlements?

Great advice guys! A cheap boat is a possibility; so too is jail, a repossessed boat, robbery and an unstoppable bleed from the carotid artery. That will teach the OP for asking silly questions on this forum.

[rabbi]

Originally Posted by tuskie

Doing cash deals with criminals? Flying to foreign countries with backpacks full of cash with an unarmed and hungover friend as "security"? Being implicated trying to avoid court enforceable divorce settlements?

Great advice guys! A cheap boat is a possibility; so too is jail, a repossessed boat, robbery and an unstoppable bleed from the carotid artery. That will teach the OP for asking silly questions on this forum.

OK, but to put the cash flight into perspective:
130k Euro isn't a big pile of money in 500 Euro bills, fits into an envelope.
A hungover friend can still work as a friendly reminder not to leave the luggage behind (I'm good at this).
Spain isn't the wild west.

[tuskie]

Originally Posted by rabbi

A hungover friend can still work as a friendly reminder not to leave the luggage behind (I'm good at this).
Spain isn't the wild west.

At least your friend wasn't still drunk!

[AZ_Zoner]

A quick follow up to how my negotiating skills went. By no means did I do as good or even come close to as good as you guys have done on purchasing your boats!
I traveled to Martinique to view a particular 400 Lagoon that I thought was the one. Supposedly the owner had come down from France to clean it up and make it somewhat presentable and open up some of the area so I had access to bilges and engine compartments. That didn’t happen and it’s a long story! I would have been pissed since I flew 14 hours to get to Martinique see this boat. Good thing is the broker had a similar boat that was the same year, layout, and less wear and tear on the boat. After a viewing this boat and spending time with the present owners I made them an offer. It was less than the bottom dollar of the 1st one I tried to look at.
I ended up with about 5% off their asking price. And you know I’m ok with that. I don’t mind paying the price we are paying because it is the boat my wife and I want. It has what we want and need in pretty much all aspects. And we are getting it when we want it. We’re Happy!

Now we are just working through the international loan process, survey, and insurance. I’m one that won’t believe it’s mine until I get the first payment. So we hope the rest of the transactions go smooth.

Thanks to all for you input and suggestions. Special thanks to Rob and Jen for viewing the 1st boat ahead of time and giving me some upfront feedback on it. It was great to meet you guys and thanks for the beer!

Craig

[PuttingDoctor]

Craig.... buddy..... yer holding out on us man.

Where are the pictures?

Congrats and wise not to be emotionally invested until the paperwork is clear.

[AZ_Zoner]

Here's a couple.

[admiralslater]

Congratulations I'm sure you will enjoy it.

[PuttingDoctor]

Very nice. Hope all goes well and that you are on her soon.

[Udacha]

Congratulations on the L400, I'm an AZ Native myself and have been looking at the same Lagoon model for myself, wife and 2 daughters. I'll soon be selling our house and everything I don't need on a boat

Have a great time and good luck


Mike

[AZ_Zoner]

Originally Posted by Udacha

Congratulations on the L400, I'm an AZ Native myself and have been looking at the same Lagoon model for myself, wife and 2 daughters. I'll soon be selling our house and everything I don't need on a boat

Have a great time and good luck


Mike

Where in AZ you from?
I've sold pretty much everything but my house. And a few vehicles. House is on the market now though.

Craig

[Udacha]

Born in Phx, lived all over the valley, have a place in the far east valley now with an acre and a half. I'm a retired General Contractor doing a complete remodel on my house right now. Hoping when finished and sold I will have enough for a decent sailboat, hoping for a cat and maybe a 50ft +mono depending how much cash I have on hand after selling everything

Mike