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Re: Need a third partner for a new Moorings Leopard 45 purcchase and five year lease
[Re: Neil Locke]
#206230
10/09/2019 06:58 AM
10/09/2019 06:58 AM
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Joined: Apr 2002
Posts: 7,046
GA/NC
GeorgeC1
Traveler
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Traveler
Joined: Apr 2002
Posts: 7,046
GA/NC
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With the Moorings program you can negotiate a minimum trade value up front. The other options are to sell the boat, move it to a secondary charter company or take delivery. Currently cats are commanding strong resale coming out of charter. In 5 years who knows but the minimum trade is a nice backstop.
G
Last edited by GeorgeC1; 10/09/2019 07:01 AM.
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