Great Loop Financial Backstories
The boat buying process seemed like a bit of a black box. We’ve hung out on the AGLCA forums for enough years to have a general idea, but didn’t really understand all the pieces. This blog post is to outline how the process went for us. Your mileage may vary.
You know how frustrating it is to read something that really resonates and then not be able to find it again? That happened to me recently.
I read a very inspiring blog post about the reduction of stress when the author lowered her expectations about finding the perfect Loop boat. At least, that is how I remembered it. But I COULD NOT find it to verify. I literally spent four hours of my Christmas vacation going through Facebook and various Looper blogs looking for it.
It was a timely article. We are just about at the point where if a perfect boat came along, we would consider pursuing it. They say it takes up to two years to find THE boat, so we are almost at the beginning of the serious search. I knew I needed to find that article!
Continue reading “The Imperfect Boat – Bradley”So, in the world of buying boats, just how many people take a loan compared to how many people pay cash? Inquiring minds want to know.
I reached out to Curtis Stokes, whose yacht brokerage sells lots of Looper boats, to get his take on it.
I also asked, of the people who don’t take out a loan, how do most of them come up with the cash?
Continue reading “The Maze – Buying a Boat”