G'day,
I'm sure you are very relieved and I'm sure your persistance had a lot to do with it. Well done.
The real solution to this problem is dealer licensing of the marine industry and application of the Property Agents and Motor Dealers Act to boat trading. It shifts the emphasis to the seller or dealer for compliance and title.
Would AUSFISH like to start a poll or petition, perhaps?
Regards,
White Pointer
Good to see you have this issue sorted. Makes you even think twice about selling your boat on consignment at a dealer/yard.
Would really need to do research into yard integrity and have a rock solid contract I suppose. Is there a standard sell on consignment contract/agreement that protects the registered owner?
Congratulations I reckon you should go buy that lottery ticket and see if your luck holds out. Maybe you could buy back QLD for us all.
Pretty impressed at the way you posted and kept it all calm but informative. Hopefully it will help anyone thinking of consigning a boat to really look into it as there are risks.
What part of yelling and screaming actually made them come good and approx how much $ were we talking??
Anthony L Please tell us how you were ripped off- ya don't have to say the names just tell us how. The more people that find out about dodgy dealers methods the safer we all are.
White Pointer - The industry bodied in Marine are toothless and until they change bodgy blokes will stay in it and tarnish the good guys. As a customer it is very hard to tell as the honest good guys can still go belly up. Pretty good to hear a good news story with this one but I fear the only reason for a sucessful recovery of money was because there was finance on the boat and that the "messing with a trust account" carries severe penalties and has specific rules that possibly make parties personably responsible. Can't hide behind company protection. You would hope someone official now gets notified ( unless a release had to be sighned to prevent further action) so the books of the company get checked out to save others . Who should be notified in this case? A responsible finance Company should have to report this not just get their money and run.??
Well done mate. Good outcome. Now you can go back to sleeping well at night!
Cheers
Constant daily phone calls and not hanging up when they said leave a message and they will ring back, as that wouldn't happen. But It all started to move when the word Police was used. We let them know this is serious and needs to be addressed ASAP, the total amount was around the 100k mark better than half was to go to the finance company.Originally Posted by cormorant
Now for my next boat....
Jesus I think you got lucky. Be nice to be compensated for the grief but I think having the capital back is a great result. Interesting to see what happens to these guys and glad they eventually sorted you out. There is no excuse for what happened and be interesting if you see the boat on the water how they treated the buyer - bet he has a story and a half as well.
Well what can I say about your new boat other than make sure it has clear title and not a cent till it is on you towball after a full shakedown run!!!!!
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