Memo Vs Demo Boat Memo Vs Demo Boat
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Boats and Motors

    Memo Vs Demo Boat
from Todd (12.13.248.4)  
12/4/2000 2:21:00 PM

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 What is the difference between a memo boat and a demo boat. When someone buys a memo boat do they get full warranties on boat and motor since they are the first owners?


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   Descriptions from Sms (12.13.248.4)  12/4/2000 3:20:00 PM
 Todd, your going to get mixed up with what things are called. A memo boat is a boat that the manufacturer has allowed a dealer to have without paying for it for 12 months (delayed payment). The boat is then given to someone, or used by the dealer as a demonstrator, for that year with the obligation to pay for it when the year is up. Hopefully the guy gets it sold so he can pay for it. It's like a ballon payment. Not all memo boats are used as dealer demonstrators, some are used by pros on the major tournament trails. They are really two different things. A demonstrator is normally a boat that is to be sold as new with full warranties, just like a car dealership does. The manufacturers are well aware of this and limit the number of these deals a dealer can have.


   Memo from Todd (12.13.248.4)  12/4/2000 4:02:00 PM
 Does a memo boat get sold as new with full warranties?


   Yes from Ron (24.191.64.82)  12/4/2000 6:41:00 PM
 Todd, I have a slightly different view on it. A memo boat is what the pro staffer usually calls it when hs can use it for 6-12 months before paying it off but in actuality, they are still considered the first purchaser and user of the boat and the warranties still start when first put into service. Some of the major Bass Boat builders like Ranger requires its Pros to register and title the boat and trailer as state laws require. I have purchased 2 such professional boats that were 6-10 months old and in both cases, the warranties for the boat and motor have to be transferred as the pro is listed in the files as first owner.

There may be some that claim they havent registered the boat, but in my opinion, that might be getting you in a can of worms unless you can secure a sales receipt from an authorized dealer licensed in that brand boat. Many manufacturers won't transfer warranties to the third owner which in this case would really be a second retail purchaser.

I'm sure there may be some who disagree, but those are the facts according to Tim Hauk at Ranger boats. Maybe Triton or Champion will be less rigid but its right to check first.


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