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Freeman Boats purchase makes financial sense

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Freeman Boats purchase makes financial sense

Old 03-28-2019, 10:24 AM
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Originally Posted by Sarasota Line X View Post
This is why the Freeman is the perfect investment vehicle! You can drive it to your new house and even in the last recession the rich were still buying...
100% false statement. The rich cut out the fat just like everyone else.
Old 03-28-2019, 10:29 AM
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I just put my deposit down. Thanks for showing me why this was a good idea..
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Old 03-28-2019, 10:29 AM
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Originally Posted by Perf40 View Post
Look at the photos of LineX and his family on the boat.
Good for him and I am always happy for business owners to make money and be successful that's what this country is all about. Just crazy not to take a clean 200K when its sitting on the table. I would do it every time and retire early.
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Old 03-28-2019, 10:36 AM
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Originally Posted by Pipo6007 View Post
Good for him and I am always happy for business owners to make money and be successful that's what this country is all about. Just crazy not to take a clean 200K when its sitting on the table. I would do it every time and retire early.

There are many Freeman owners who turn down six figure profits on their boats because they enjoy the great boat and enjoy fishing.
And they know they can get it the next year or two.
Old 03-28-2019, 10:40 AM
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Originally Posted by Pipo6007 View Post
100% false statement. The rich cut out the fat just like everyone else.
while agree, but they dont always cut the fat! it really depends if the economy down turn effected them or not. i am not rich by any means, in my line of work, the economy did not really effect me!
Old 03-28-2019, 10:53 AM
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All I know is I have a close friend who purchased a 37 and two years later sold it for close to 200 grand more. The secret was buying two build slips, spaced out correctly. His next build slip is this October so hes only down for a few months without a boat until the new build begins. So basically 200k of his next build is paid for scott free. If he gets really ansy about a ride, he can use that 200k to buy a "fill in" used mono hull to scratch his itch and turn around and most likely break even on selling the fill in boat after the new Freeman is built. I wouldnt call it an investment plan but a damn solid way to pay for a new boat. .....As long as your pants arent at your ankles when the economy turds out again, youre all good.
Old 03-28-2019, 10:55 AM
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Originally Posted by MacCTD View Post
Skeptical, seems like lots of people buy new high end expensive boats and then sell them less than a year later for the same boat, I think there is some financial stuff going on between the builders and some of these short term "owners" that is not being disclosed to the public.
There is..
Old 03-28-2019, 10:56 AM
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How many Freemans do I have to flip till I have essentially ended up with one for free? Anyone done that math yet?
Old 03-28-2019, 11:05 AM
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Originally Posted by 305seahunter View Post
How many Freemans do I have to flip till I have essentially ended up with one for free? Anyone done that math yet?
3, with money on the bank...
Old 03-28-2019, 11:14 AM
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Originally Posted by offroadr View Post
Then recession hits and theories are just that.
Makes financial sense for now until this happens.
Old 03-28-2019, 11:17 AM
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Originally Posted by bad behavior View Post
3, with money on the bank...
assuming that’s correct it would take roughly 10 years to do it if you didn’t buy consecutive build slots....if you bought consecutive build slots your capital outlay would be roughly $2mm(give or take)

10 years ago there was no competition. There is now. The impact of that, along with the economy is to be determined.

Nonetheless.......one of the badest hardcore fishing boats ever built.
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Old 03-28-2019, 11:17 AM
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If it’s a side effect, I don’t like them as much as I used to.

Last edited by THT Mod 11; 03-28-2019 at 01:05 PM. Reason: removed insult
Old 03-28-2019, 11:24 AM
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This thread reminds me of the life lesson regarding the nouveau riche and the real rich. LOL.

Peppered with a bit of bullshit for extra seasoning. LOL.
Old 03-28-2019, 11:24 AM
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There is a recession on the way. It will be driven not only by underlying economic markers, but by the media before the 2020 election. Now that the Mueller report is out of the way, the media is going to pivot to the economy. You will then see a chicken and egg phenomenon as to what causes the economic collapse running up to next fall. It will happen and there will be boat owners across the spectrum, from War Eagles to Freemans that are left in a lurch.
Old 03-28-2019, 11:26 AM
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Im not sure why some get upset about people being proud of what they own here on THT. Freeman, Yellowfin, Yeti, etc. Its their life, their money. Why does it bother some ? It has zero affect on your life. I love seeing these guys posting Freeman build threads. But I guess not everyone can celebrate someones success.
Old 03-28-2019, 11:29 AM
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Kendall seems like the type of guy to yank it while looking himself dead in the mirror.

I feel bad for anyone that feels the need to stroke their ego this much
Old 03-28-2019, 11:32 AM
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Originally Posted by Muggin Mullet View Post
Im not sure why some get upset about people being proud of what they own here on THT. Freeman, Yellowfin, Yeti, etc. Its their life, their money. Why does it bother some ? It has zero affect on your life. I love seeing these guys posting Freeman build threads. But I guess not everyone can celebrate someones success.
I think that many people become frustrated that there are apparently THT "influencers" posting things favoring certain brands. That negative comments about certain vendors or brands get deleted while negative comments about other brands or vendors are allowed to go viral. Then there are those who are just negative or bitter in general. But I think any perceived disdain toward the brand being discussed in this thread is based on the former.
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Old 03-28-2019, 11:40 AM
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Originally Posted by oldbrowndog View Post
If it’s a side effect, I don’t like them as much as I used to.
Preexisting condition.

Building the World's Greatest Center Console-Freeman 37VH-Boat finally got Bloody!
Old 03-28-2019, 12:06 PM
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How much of the backlog is from new clients or just repeat buyers?
Old 03-28-2019, 12:18 PM
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Currently an Invincible costs more because they are selling through their dealers that add their markup. But the dealers also bought product to floor so its a two way street for the company.

Time will tell if customers are really that desperate to have a cat and will pay an extra 150-200K, or just wait on Freeman to produce theirs like all his other customers have been doing for years.

Worldcat an others that still sell through dealers are in the same boat, and they, like Calcutta and Prowler who are direct sellers, are have survived the good and bad markets over the last 20 years.

To me it makes sense to wait when buying new as a 25-40% discount is sizable to anyone. I am still gong fish in the meantime as I have my boat, and would only put it up for sale when the new one is done and ready to go. So its not like I am missing trips if I wait for a Freeman.

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