Originally Posted by
JUSTINHALL
That is bad news for the guy that gave his boat away, which is what you call it when your boat is gone and you don’t get payment for it right? I had this similar thing happen to me and a friend of mine a few years back. I was only out about $3,500.00 but my friend bought a brand new Bas Cat with a 250XB motor and shortly after the Dealer filed bankruptcy. The problem is my friend paid the dealer for taxes, title etc but never got it because the dealer never turned it in to the state. As of today he is still making payments on a $52,000.00, 2001 boat with not tags, license, registration or anything. He can not sell it trade it in or even use it. He got too many tickets for using with out registration and the Lake Erie game wardens told him one more time and they will impound the boat from him.
He bought the boat in November of 2000 and is still sitting on it the boat has less than 30 hrs on it and it just sits there, it kills me every time I see it I can’t imagine what it does to him every day he walks by it. Through the right channels things can be done but he does not want to spend the lawyer fees to do it around $5,000.00 plus $3,500.00 in taxes that he already paid. He talked to the state and they said they would pursue it and take care of it but it has been well over a year now and still nothing.
Good luck to any one that got pinched.
