As I understand one buys the boat from the dealer who then buys the boat from Hanse, very much like buying a new car except for the downpayment.....

Thanks.

You can always ask the dealer for a "banker's guarantiee" He will probably ask you to pay the related expences, but it could be worth it. That's quite a normal way to secure your money when the dealer asks for down payment - which is also a normal procedure when buying a yacht. 

/Steen

 

The yacht will not be released from the factory until the yacht is paid for.

 

Froma security point of view the British Marine federation sale agreement has a very good clause under the "ownership of vessel" section, which states that once a stage payment (deposit) has been paid by the owner the vessel (at whatever stage of build) and any parts/equipment appropriated toward the vessel belong to the owner.

 

The builders keep a lien over the boat and parts until it is complete but it is the owner who is in control.

 

BMF agreement F6.

 

You could ofcourse pay the 10% on a credit card for payment protection but the dealer will need to charge 2% for credit card handling fee.

 

Hope this helps

 

Phil

In today's difficult situation I wouldn't know who to trust less: The dealer, Hanse or the bank.

When I bought MMBW Nicole, I gave to the local agent (Status Yachting Ltd) all the money including the Bank loan (70%). We only signed a short contract with the boat options I chose, the total price and the appr. delivery date. But I guess I knew them personally. Personal trust counts more these days.

The fact that Hetterschijt is bankrupt is realy $%^&&*^%^%%% to me because now I won my case in court to Hetterschijt and now there is no more money to get from them.

Wenn there would have bene a percentage not paid thill all shortcommings would have been solved I would not have had a problem with there bankrupt.

Now I have a problem because I probebly have to solve the problems myself.

I am lucky all the problems are from a visual sort so I can still sail without any problems and I am still loving our Hanse 370 Together.

Greetings Marcel

 

From what I know, dealers get a discount to provide some warranty repairs. Major repairs under warranty are provided by Hanse. Hanse's warranty is worldwide, meaning another dealer can fix any problems and he will get his cost from Hanse. I guess this is worthless if the transportation cost is bigger than the cost of fixing it yourself.

 

thats really sad....the truth is that some my issues after one year is not solved and nobody wants to talk about it. i had fixed the porblems by myself so i have taken the position that it's less of a waste of time asking the agent or hanse to fix even under warranty.

 

a friend of mine had withheld 10% for his bavaria, and according to him the repairs and missing items were quick in coming. another 2 who bought hunters were not so lucky and like me paid 100% so all the problems are being resolved slowly.....like in sailing just drifting!!!

 

so maybe withholding the final 10% may be key to getting better service etc. from the dealer at least.

 

 

Still, in the current economy, who knows? Hanse AG share price has fallen from Euro30 to Euro6 over the last year, so there is no guarantee they will  stay in business if orders drop off too much. Everyone should be very careful regardless of what sort of boat they buy.

Hawkeye

It's easy to get a 400 demo model at any time from any dealer. But do not let the current economical situation stop you for just a half year (unless it has a directly effect on your payability) Buy your yacht today  - tommorrow you can be hit by a bus  If everybody stops buying things I'm sure we will se an economical recession.

/Steen

Thanks for the advice. I agree most of the parts but in any case I plan to take delivery of the boat on/abt end of May 09. So it would be the worst case scenario if I order the boat from today, make the advance payment and hit by bus while waiting for the delivery  I am sure I can get a demo or stock 400 much cheaper if some people cancel their order ?  May be boat builders reconsider their prices within the coming days

easy diver,

 

i agree with steen 100%, get yourself a hanse, you will not regret it. i have had a wonderful year sailing in my 315.

 

won 2 regattas and a number of races as well. it is a very good boat.

 

even if i was displeased with hanse and agent service( i had been in  marketing 20years now retired), the fact is i really like the boat and the way it sails. also, there are horror stories from other boat makers as well so i know it is not only a hanse/agent problem.

 

as for downpayment, etc. most have stated that no 100% no boat, that was the same for me as well.

 

the 10% that was withheld, the agent was selling i believe the first boat to singapore so mabe he wanted to close the business any which way he can. i am only speculating here. dont really know the reason.

 

lastly, because of the economic turmoil....there will be some distress sales or someone giving up their order,,,so be on the lookout, your boat may be closer than you thought and perhaps cheaper too.

 

 

 

 

 

With other words is a Hanse yacht  , in most cases not perfect at delivery, it is after 1-2 years from being handed over to the buyer.

A new yacht needs to be partly payed for many months in advance.

 

My conclusion: buy a used Hanse with all extra equipment installed and all delivery problems sorted out and you pay maybe 90% in the moment the yacht is handed over.

 

Why buy a new Hanse with all possible problems combined with a risk to loose your money without getting the yacht?

 

 

Stefan

Sombody has to be the first owner , nowbody can buy a second hand yacht if everybody wants to buy a second hand yacht!

That is why we are first owners, there were no second hand 370 in 2006.

greetings Marcel

(now our boat is two years old and there are still some problems that are not solved)

On the other hand, I like to spend my time to fix things on the boat and touch every single part of it and consequently become one with the boat like a family member.

At the moment I am quite confused about which boat to buy! This is becoming a big headache to me.

 

You can be sure, on a new Hanse you will have to fix a lot things as well as on a used boat

I will next time buy a used yacht with known problems and without any risk to loose my money.

 

 

The wind is free

Stefan

I really think you're overdoing this issue. In most countries the consumer holds a 2 year warranty period protected by a consumer law. This goes for cars, houses, yachts etc. If a dealer within any category goes bankrupt every consumer has a problem, which can be minimized if you have arranged a bankers guarentee, but remenber even banks go bankrup .

 

No matter what yacht brand you'll buy (or car for that matter) you'll face some warranty issues. To my knowledge Hanse is not better nor worse than general. The difference in how the warranty issues are solved is up to the local dealer and the proffesionel attitude of his organization (same issue when you buy a car and who do not pay the full amount here before hand over?) Our Hanse 342 is our boat no. 6, some were brand new and some were bought as used ones. Warranty issues/problems on a used yacht are much more complicated to sort out between the parties than if you buy a new yacht from a dealer. The storries of unsolved warranty issues from used yachts are even longer and much more costly for the buyer than most can think about. The former Hanse dealer in DK did not take all warranty issues seriously, but the new dealer has a much more "Toyota-like" attitude to these problems.

So I would say. If you have any doubts in buying a Hanse, don't do it. and if you have any doubts in buying another brand, don't do it. If you believe you'll get better service and a better yacht at another compareble  brand, buy the other brand.
I would gladly buy a Hanse again because the Hanse has prooven that it matches my present demands. It's seaworthy, it has a fair price, great accomandation layout and no other brand has a open forum like this where everyone can contribute with pros. and cons. One can wonder why owners of other brands don't share there experience........ 

/Steen (a happy Hanse Yacht Owner )

    

 

 

There are minor issues with some of the rig set up, the main sheet rubs on the vang connection to the boom. and the turning block in the anchor locker for the furling line could do with being angled better to give a fair lead to the drum. But it does all work and we love the boat.

I did have concerns over the payment terms, paid in full before you get the boat. But as we had a marine mortgage on the boat the financial risk was with the bank. If you have the cash for a boat but don't want to take the risk of paying in full, take out a marine mortgage and then pay it off after the successful delivery and commissioning of the boat.

 

I hope this positive comment does not back fire on me and everything falls to bits next week.

 

Ken