Anyone notice?

[bobjarrard]

Have you noticed that the for sale listings of C-Dories has really slowed up? Guess they are like gold in hard times and then it is not easy to sell a luxury (for some but a necessity for others) a C-22 or C-25 when folks are "hunkered down".
Bob

 

[Jimmie]

I think a big problem is how are you gonna travel to buy a boat perhaps 500-3000 miles when hunkered down in your house. Once this virus passes I believe ads and sales will pick back up. Our govt is pumping a ton of money out on the horizon. Many people are gonna start making more money sitting at home unemployed than they did while working.

 

[ssobol]

...Many people are gonna start making more money sitting at home unemployed than they did while working.

I wish...

In any case, not enough to buy and operate a boat though.

 

[Micahbigsur@msn.com]

I will be making less money, many of my tenants are out of work and their relief is "on the horizon" and by any measure will be less than they made with their good jobs. Dana will hopefully get unemployment but she may not as she was off by choice while we were in Mexico, normally she would have been rehired but she is an OR nurse in an ambulatory surgery center that has shut down. She is in a high risk group so doesn't want work in a field she is not certified in as a hospital nurse. I fall through an unemployment crack so I won't get it. We are fortunate to have an isolated country property and we have enough resources to survive better than most.
I don't think most people will be living high on the hog on government assistance where we are, that's for sure.

 

[wanabacb]

Some real estate and other investors will buy yachts though!

Married taxpayers filing jointly will now be able to write down a depreciation on non-buisiness profits beyond the previous $500,000 limit. The limit is lifted not just for this year of Covid-19 but retroactively for 2019 and 2018 as well. Many with capital gains beyond $500,000 will now be in a position to file amended returns for refunds.

This is the second-largest carveout ($170 billion) in the $2 trillion stimulus package. Page 203 of the CARES Act. Your results may vary.

 

[colbysmith]

I'm currently in the market for a 25, and have my eye on a few. However, travel is definitely a bummer right now. Not just due to restrictions, but due to my personal calendar with events I'm still scheduled for that don't allow for travel of any distance... The possible closure of broker dealers also plays in...

 

[colbysmith]

Many people are gonna start making more money sitting at home unemployed than they did while working.

Probably not. Do the math at minimum wage and you'll see how they came to the $1200 amount... And many sitting at home now made above minimum wage... :?

 

[thataway]

It would appear that boating is still OK in Florida: Way down on the list of essential services, below "fishing" is "Boating", including marina services, boat ramps, fuel etc.

So come on down. Boating seems ??? OK during the lockdown....especially if you are "fishing". Call first to be sure however....

 

[ssobol]

Under the lock down in MD, recreational boating is not allowed. I live in VA, but a good bit of my boating is in MD waters. For instance, most of the Potomac River water surface is technically part of MD.

 

[curioustraveler]

Ssoblel,

Bring some crabbing nets or string and you'll be good to go. Crabbing is allowed. Can a VA resident crab in MD? While you're at it, slide by and pick me up. My boat's still up at the boat yard and I believe they're shutting down during this. Very bummed.

 

[jemmka6@gmail.com]

Yes, Its called a great depression 2.0. You will soon be able to buy one of these cool boats for near nada prices. Its the same for cars ,houses, art and c-dory boats. Save your money and get ready! Like in any Economic Hard-times there will be more deals than you have money.

 

[TyBoo]

This thread reminded me it was time to go though the list and move the ads for the sold boats. There were four of them moved to the Marketplace Reference forum and one expired Craigslist link deleted. And yes, our list is comparatively sparse right now.

There are a few more on there that haven't seen any replies since late last year that will probably get removed before too long. These are likely sold or otherwise off the market but the owner has not posted to confirm that.

I see the sticky post with the ad format guidelines that Will so eloquently wrote up has disappeared again so I will message Will and ask him to find it and get it back on there.

We used to have it set to auto prune the ads after 90 days but I had a lot of requests from folks to help them find their ads, which was not possible after they were automatically deleted. We still want to keep it from becoming cluttered with defunct ads that get no response from the poster so a few years back we extended the time but we go in when we get around to it and remove the old ones. Most of the removed ads actually go into a hidden folder for a couple months in case the original poster wants it back up.

Once in a while I get a terse reminder from someone that I need to get the ad forum cleaned up so I usually bite my tongue and get after it and then thank whoever it was that let me know I was slipping.

When you see an ad with "SOLD - " preceding the title it is because the seller had posted that the boat had sold and I was away from the desk when I saw it. I am not gifted enough, neither in technology nor dexterity, to be moving things around on here using my phone so I simply mark it as sold and get it moved later. Sometimes I miss seeing the ads when they show up in the recent posts list so I don't get them marked, but it doesn't take too awful long to check the list and look for them.

Over the years there have been 939 ads moved to the Marketplace Reference forum. That's a lot of boats sold! There have been many more ads that were simply deleted because they didn't contain much helpful reference info or they were links to Craigslist or Boat Trader rather than ads listed in the format we like to see. We do not charge for posting ads to sell C-Dory boats so it doesn't seem unreasonable to ask folks to include more info than a simple link to some other web site. Those ads we don't bother preserving as reference.

We used to tell the folks at the C-Dory plant that C-Brats.com sells more boats than they do when you consider that along with being the biggest mover of used C-Dorys we are usually the first reference looked up by folks shopping for a new one and the knowledgeable, friendly and helpful people on here talk 'em right into a brand new C-Dory then send them off to the dealer. We are the best advertisement the factory has and they don't even run ads here! We do have a C-Dory dealer helping to support us with a banner ad up top and we encourage east coast people to visit Three Rivers Marine after we get them hooked on the boat. Ranger Tugs still advertises up top with us too, and I am sure they get some help from it.

This turned into a long post. I must be getting bored being at home so much. I hope you are all staying safe!

 

[hardee]

Mike, Thank you for the update. You and DaNag do a great job here and need a thank you occasionally, or more.

I happened to be over at NMI a few weeks ago, and got to have a short, quick tour, (before the shut down), and they had boat's in progress, C-Dorys, several in different stages, a 22 and a 25 and I think a V-26. (Plus there were several others, Sea Sport and Olympic I think)

Anyway, It's great to hear that C-BRATS is still doing such a good job of keeping the line alive and bringing in those folks that are seriously interested in great boats.

Harvey
SleepyC :moon

 

[ssobol]

... While you're at it, slide by and pick me up. My boat's still up at the boat yard and I believe they're shutting down during this. Very bummed.

My boat is also locked up. Probably won't see it till mid June.

 

[Jimmie]

Many people are gonna start making more money sitting at home unemployed than they did while working.

Probably not. Do the math at minimum wage and you'll see how they came to the $1200 amount... And many sitting at home now made above minimum wage... :?

I did not say all or most people but many. I am a CPA and have studied the CARES act and see what many businesses and individuals will be able to receive from it. People can shut down their small business and collect unemployment plus a $600 week bonus from Uncle Sam. Businesses can receive a $10,000 grant that need not be paid back just for applying for a small business EIDL. You can get a loan to pay 8 weeks of payroll,rent,utilities and mortgage interest for a business. Many will work these provisions to the max.
Yes I have done the math have you?

 

[Micahbigsur@msn.com]

I am not a math wiz, but I think in the end many people are going to be hurt by this pandemic. Yes some people, as always, will work it to their advantage but the vast majority will benefit in the hard times ahead. Isn't that a good thing, that our citizens in their time of need are getting help?

 

[colbysmith]

Hey Jimmie, yes sounds like you have done, and know, the math. And how some will use it to their advantage. But I just don't see it making the average worker rich. But it is fun watching those against socialism begging for the handout. In the end, one of government's responsibilities is to protect it's citizens. We can agree/disagree with the politics all day long (somewhere else), but we are all in this pandemic together.

 

[smckean (Tosca)]

Jimmie,

I have a question. I am retired, but I am advising a couple of friends on the island who are small business owners. I saw that provision where the "rules" for a SBA loan said that one could get an immediate $10,000 (an "advance" I believe they called it) before the entire loan came thru. I presumed this $10,000 was to assist the business owner to stay afloat until the rest of the loan amount became available. The rules did seem to say that this $10,000 did not have to be paid back (like free money). That struck me as strange indeed since the remainder (up to $10MM) would be a loan and be paid back; so why give the $10,000 away.

My surmise was that the "rules" were poorly worded. I'm going to guess that what they meant was the the business owner would not have to return the $10,000 advance in cash immediately, but that the $10,000 amount would be included in the loan balance and would get paid back over time just like the rest of the loan.

Do you know for sure which way it is. Is the $10,000 truly "free" money never to be thought of again; or is it just that the $10,000 "advance" would not have to be immediately returned?

 

[Jimmie]

2 loan programs here. EIDL has provision for a $10k grant sba is required to give to applicant within 3 days of making application. That 10k does not get paid back.
Other is PPP payroll protection program basically free money to pay wages,rent,mortgage interest and utilities for 8 weeks. To the extent money is used for that it is free money ie forgiven