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Really want to know why freeman has a long build spot?

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Really want to know why freeman has a long build spot?

Old 04-04-2021, 11:10 AM
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Default Really want to know why freeman has a long build spot?

Because 1/3 of the people in it just place their 10k deposit down so they can make 4 times their money in 2-3 years after they sell their spot. They don’t want a real slot. Freeman needs to do something about this. Guy in the F/S section selling his for 50k, oh please.

Rant over.

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04-05-2021, 06:57 AM
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Who cares. Capitalism is a beautiful thing. Love that, in spite of recent events, we have an American business killing it.
Old 04-04-2021, 11:54 AM
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Dangerous game. 2 rules of THT:

Diesels Suck

Freeman is God. Happy Easter
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Old 04-04-2021, 12:04 PM
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Morgan (the hand built UK sports car) used to have this problem - the waiting time used to be up to 7 years - I think it’s less now - but they more or less stopped speculators by only giving people only week or so notice that their build spot was up and it was time to spec the car and put down the first payment - thereby not giving them time to sell the spot.
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Old 04-04-2021, 12:11 PM
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There are enough people that want and can afford the best, or what they perceive as the best.
Old 04-04-2021, 12:11 PM
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Originally Posted by Clinker View Post
Morgan (the hand built UK sports car) used to have this problem - the waiting time used to be up to 7 years - I think it’s less now - but they more or less stopped speculators by only giving people only week or so notice that their build spot was up and it was time to spec the car and put down the first payment - thereby not giving them time to sell the spot.
Freeman doesn't want to discourage this. Its free marketing for them. If you have a massively overpriced vessel (even compared to the era of overpriced vessels) selling build slots for ridiculous money, it only helps you overprice it further.
Old 04-04-2021, 12:32 PM
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They've made "some" changes to their policy. Now when a slot is transferred, the new owner pays todays price, not what the original guy locked in 1-2 years ago.
So, in reality, paying a net $40k only moves one up the build slot list.

I agree though, it's a great problem for Freeman to have. A backlog of business is never a bad thing.
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Old 04-04-2021, 01:35 PM
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If someone buys a build spot they should go to the back of the line. Let those who truly want their boat built move up. Why should the guy who put a deposit down 3 or 4 years ago, have to continue to wait while speculators sell spots for profit to those who can skip the line. I'd bet the wait is cut by at least a year if those sold spots go to the rear.
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Old 04-04-2021, 01:44 PM
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In that case you would just buy your own spot. The build spots aren't limited.
Old 04-04-2021, 01:45 PM
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If they required $25k down non-refundable that might slow the speculators.
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Old 04-04-2021, 01:46 PM
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The rules are easy to circumvent. The current slot owner just acts as straw buyer for the new owner. Keeps original pricing and build date. Where there's a will there's a way.
Old 04-04-2021, 04:58 PM
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Originally Posted by crazylot View Post
Because 1/3 of the people in it just place their 10k deposit down so they can make 4 times their money in 2-3 years after they sell their spot. They don’t want a real slot. Freeman needs to do something about this. Guy in the F/S section selling his for 50k, oh please.

Rant over.
Why not just scrape together $10K and do it yourself... sounds like pretty easy money.

Last edited by jason8251; 04-04-2021 at 05:15 PM.
Old 04-04-2021, 07:26 PM
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Originally Posted by Schmaltz~Herring View Post
If they required $25k down non-refundable that might slow the speculators.
Wonder what the legalities are of a non-refundable deposit for a slot that has no actual date set in stone, just a "rough date" told to you over the phone as time goes on. Would likely be very difficult to enforce.
Old 04-04-2021, 08:10 PM
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I think Bully already knows the answer better than any of us.
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Old 04-04-2021, 10:39 PM
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Doesn’t seem to be causing any slowdown in orders. Buyer 125 putting a deposit down is told he/she is X number of builds away. Whether or not buyer 120 keeps or sells his/her slot, buyer 125 is the same # of builds away. Buyer 125 agreed to that when putting his/her deposit down.

I’m pretty sure that Freeman doesn’t say, if Jimbo (buyer 120) backs out or sells his deposit, we will move Buyer 125 to slot 124...

What would be poor practice would be to have big money dude come in and offer an extra $50k to jump in front of folks. I haven’t heard of that at all.

So, where’s the problem?
Old 04-05-2021, 05:45 AM
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Don't hate the game, join the game.
Old 04-05-2021, 06:10 AM
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Originally Posted by Rickster View Post
Don't hate the game, join the game.
That's great and so true. Buy the slot for 50. It might be worth 100 in 6 months.
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Old 04-05-2021, 06:28 AM
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Originally Posted by wdlfbio View Post
Doesn’t seem to be causing any slowdown in orders. Buyer 125 putting a deposit down is told he/she is X number of builds away. Whether or not buyer 120 keeps or sells his/her slot, buyer 125 is the same # of builds away. Buyer 125 agreed to that when putting his/her deposit down.

I’m pretty sure that Freeman doesn’t say, if Jimbo (buyer 120) backs out or sells his deposit, we will move Buyer 125 to slot 124...

What would be poor practice would be to have big money dude come in and offer an extra $50k to jump in front of folks. I haven’t heard of that at all.

So, where’s the problem?
this! doesnt matter who sold what, the build slots are still being used your spot in line did not change. some one else paid alot of money to butt the line, however that spot was in front regardless.

so the wait would not change.

Old 04-05-2021, 06:30 AM
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Originally Posted by crazylot View Post
Because 1/3 of the people in it just place their 10k deposit down so they can make 4 times their money in 2-3 years after they sell their spot. They don’t want a real slot. Freeman needs to do something about this. Guy in the F/S section selling his for 50k, oh please.

Rant over.
selling a build slot has nothign to do with wait times.

it is simply supply and demand. they build x amount of boats a year no more no less. they are also not mass producing boats such as your lesser grade boats like a bass tracker. you control the supply you control the demand.
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Old 04-05-2021, 06:30 AM
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I don't care but to answer the OP? Freemans are not production line boats. the boat is custom to the buyer just like a custom house.
Old 04-05-2021, 06:36 AM
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Call me a contrarian but I just don't get this adulation for Freemans. I recall it was not too long ago when SeaHunter and Yellofins were the boats to have for the guy who wanted to impress. I saw the Invincible Freeman-wannabe at the Palm Beach Show and from the ground, it looked like a mobile home there was soooo much glass on the slab of a-side. It takes a certain amount of imagination I guess to say Freemans or any of the other big cats are beautiful boats! I don't doubt they probably give a good ride, but so do a heck of a lot of other boats for a lot less money. Hell, if you ever watch the YouTube channel of boats going through Haulover there are a lot of boats with knowledgeable skippers who take on the rough stuff just fine. For sure there is a certain amount of one-upmanship in boating, thus the demand for CC with 4 and more outboards, with 30+ rod holders, with cockpits that look like the space shuttle and tufted upholstery that looks like grandma's living room. Just my opinion guys!

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