Best Time To Buy Secondhand

[Sneaky Pete]

I have no boat to sell and I'm a cash buyer so that should help.

Don’t you just love it when people say I am a cash buyer take note all I can seal the deal today. Unfortunately it doesn’t make a blind bit of difference. We're all cash buyers it's how you finance the purchase to get the cash that's the difference.

 

[Tranona]

Don’t you just love it when people say I am a cash buyer take note all I can seal the deal today. Unfortunately it doesn’t make a blind bit of difference. We're all cash buyers it's how you finance the purchase to get the cash that's the difference.

But it can make a difference if the finance falls through after the survey for example. There is nothing better than knowing the buyer does not rely on anybody else to provide cash to complete.

Useful if there is external finance involved that the seller establishes that the finance is unconditional before signing the contract.

 

[MapisM]

Don’t you just love it when people say I am a cash buyer take note all I can seal the deal today. Unfortunately it doesn’t make a blind bit of difference. We're all cash buyers it's how you finance the purchase to get the cash that's the difference.

Are you for real? We are all cash buyers when we have the cash in hand, period.
A chap interested to buy something subject to getting the money from someone else is not a cash buyer by any stretch of imagination.
He/she might be a time waster, a dreamer, or also a perfectly genuine buyer who might eventually find the money and seal the deal.
But if there something this guy is NOT, that's a cash buyer. Not yet, anyway.

 

[Assassin]

Have to agree with Mapis on this, and add that once you buy anything with cash, you own it, finance it and the finance company owns it.

 

[oldgit]

Seem to remember somewhere that a large proportion of New Princess/Fairline yacht sales were "cash" sales and we all know where their prices start ..and finish. As seller, mere mention that the chap is "cash buyer" with no boat to sell and able to continue the negoiation there and then without reference to third party does make all the difference , including settlement price. Last boat was sold one weekend, deposit on Monday , balance Friday , boat collected on Saturday.

 

[markc]

Agreed, cash is king - if you can perform immediately you'll always be able to drive the best deal possible. The exception being when the seller has a vested interest in selling you finance too.

 

[jrudge]

Whilst you could not do it now due to dealer in high value goods rules my father was involved with a large well known boat retailer. They used to quite commonly ( once or twice a year ) sell £700k boats for cash ( as in notes ).

He told me some funny stories but given it’s a very small world I wont recount them on a public forum.