rebreather sales

merman02 · 15th August 2008, 09:43

im interested in buying a rebreather but due to having wife and 3kids funds are limited does anyone know were i could purchase a rebreather on a finance deal to include if possible training on the unit

MarkZ · 15th August 2008, 14:35

Use a credit card as the rates are much better. If you cannot get a credit card rest assured that a finance company will not be interested in your business either.

Traditional financing sources are not very interested in getting involved with rebreathers for a number of reasons the least of which is the rebreather stigma itself. Years ago I offered a package for the purchase of rebreathers with the only company that I could find that would consider it. There was a $400 application process fee which scared off most to begin with, a reasonable interest rate, a $1 end of lease buyout fee and training could not be included. That was 5 years ago and I am still waiting for the first customer. The simple truth is the numbers don't make much sense to either the buyer or the finance company.

G4SSG · 15th August 2008, 15:18

Quote: (Originally Posted by merman02)

im interested in buying a rebreather but due to having wife and 3kids funds are limited does anyone know were i could purchase a rebreather on a finance deal to include if possible training on the unit

hi
try ambient pressure ,!

dodelineur · 15th August 2008, 17:44

Hi,

A friend of mine is selling his classic inspiration.
out of factory in 2004, but just coming back from APD (not been used since),

which means :

complete new wiring, electronic checked, ...
complete check
New autoair
Complete new case
.....

Price is 3500€

If you are interrested, let me know, I will providfe you all details and pics.

Johnny

matt crane · 15th August 2008, 19:53

Quote: (Originally Posted by merman02)

im interested in buying a rebreather but due to having wife and 3kids funds are limited does anyone know were i could purchase a rebreather on a finance deal to include if possible training on the unit

TBH you would be better off either getting a small loan or as said above a credit card the interest rates are much better than any of the finance companies who generally work on a 29%APR

Units can be gotten cheap at the start of the year I got hold of a 1 year old Inspiration Vision that had only done 3 dives and paid £3500 complete with everything it should have.

So cheap units are out there if you get the cash and can pounce as soon as one presents itself.

Alexv · 15th August 2008, 21:23

American General does finance scuba and rebreather equipment. I know of 4 shops that are using them in the VA an NC area. The will finance equipment as well as the educational end

Quote: (Originally Posted by MarkZ)

Use a credit card as the rates are much better. If you cannot get a credit card rest assured that a finance company will not be interested in your business either.

Traditional financing sources are not very interested in getting involved with rebreathers for a number of reasons the least of which is the rebreather stigma itself. Years ago I offered a package for the purchase of rebreathers with the only company that I could find that would consider it. There was a $400 application process fee which scared off most to begin with, a reasonable interest rate, a $1 end of lease buyout fee and training could not be included. That was 5 years ago and I am still waiting for the first customer. The simple truth is the numbers don't make much sense to either the buyer or the finance company.

gene1340 · 15th August 2008, 22:19

Hi,
Do you mind listing the Virginia shops that deal with Am Gen?
Thanks,
Gene

MarkZ · 16th August 2008, 04:22

Quote: (Originally Posted by Alexv)

American General does finance scuba and rebreather equipment. I know of 4 shops that are using them in the VA an NC area. The will finance equipment as well as the educational end

I am sure they are but since I have had dealings with American General since they were Ritter Finance I might suggest you look at what you are signing. As was mentioned before the interest rate is the better part of 30%. Second it is a personal loan regardless of what they are calling it for marketing purposes further evidenced by the fact that they are including training. Training is not something that can be collateralized in any formal legal manner, ie what is the resale value of training? Last but not least there are caps on the loans and usually not very high unless secured by real estate. GE Capital has similar offerings but again read the fine print.

Bottom line is that if you cannot get a credit card, or even a bank loan and have to resort to an American General then you really have to take a look at your priorities financially.

Ocean Explorer · 16th August 2008, 20:04

Quote: (Originally Posted by merman02)

im interested in buying a rebreather but due to having wife and 3kids funds are limited does anyone know were i could purchase a rebreather on a finance deal to include if possible training on the unit

Don't know this person but IMHO anyone whose "funds are limited" should not be diving and electronic CCR.
This is exactly the type of diver who would skimp on things like sorb and maintenance.
An accident waiting to happen.
Stick to OC.

merman02 · 17th August 2008, 06:03

Quote: (Originally Posted by Ocean Explorer)

Don't know this person but IMHO anyone whose "funds are limited" should not be diving and electronic CCR.
This is exactly the type of diver who would skimp on things like sorb and maintenance.
An accident waiting to happen.
Stick to OC.

in some respects what your saying is true but what value is personal life and in my job i see the mistaakes when people make them

15th August 2008, 09:43	#1 (permalink)
merman02 New Member Current Rebreather/s: Not Bought Yet Other Rebreather/s: Not Bought Yet Join Date: Aug 2007 Location: tamworth staffs Posts: 3	rebreather sales im interested in buying a rebreather but due to having wife and 3kids funds are limited does anyone know were i could purchase a rebreather on a finance deal to include if possible training on the unit
(Offline)

15th August 2008, 14:35	#2 (permalink)
MarkZ RBW Member Current Rebreather/s: Inspiration Classic Other Rebreather/s: Join Date: Jan 2006 Location: PA USA Posts: 106	Re: rebreather sales Use a credit card as the rates are much better. If you cannot get a credit card rest assured that a finance company will not be interested in your business either. Traditional financing sources are not very interested in getting involved with rebreathers for a number of reasons the least of which is the rebreather stigma itself. Years ago I offered a package for the purchase of rebreathers with the only company that I could find that would consider it. There was a $400 application process fee which scared off most to begin with, a reasonable interest rate, a $1 end of lease buyout fee and training could not be included. That was 5 years ago and I am still waiting for the first customer. The simple truth is the numbers don't make much sense to either the buyer or the finance company.
(Offline)

15th August 2008, 15:18	#3 (permalink)
G4SSG New Member Current Rebreather/s: Ouroboros Home Build Other Rebreather/s: Inspiration Classic Megalodon Home Build Join Date: Dec 2005 Location: UK...Midlands Posts: 63	Re: rebreather sales Quote: (Originally Posted by merman02) im interested in buying a rebreather but due to having wife and 3kids funds are limited does anyone know were i could purchase a rebreather on a finance deal to include if possible training on the unit hi try ambient pressure ,!
(Offline)

15th August 2008, 17:44	#4 (permalink)
dodelineur New Member Current Rebreather/s: Megalodon Other Rebreather/s: Inspiration Classic Join Date: Dec 2005 Location: Belgium (Liège) Posts: 96	Re: rebreather sales Hi, A friend of mine is selling his classic inspiration. out of factory in 2004, but just coming back from APD (not been used since), which means : complete new wiring, electronic checked, ... complete check New autoair Complete new case ..... Price is 3500€ If you are interrested, let me know, I will providfe you all details and pics. Johnny __________________ Avatar: diving the Rubis, Cavalaire-France.(Picture by Jean-Luc Deltombe)
(Online)

15th August 2008, 19:53	#5 (permalink)
matt crane RBW Member Current Rebreather/s: Inspiration Vision Other Rebreather/s: Inspiration Classic Join Date: Feb 2006 Location: Cornwall Posts: 149	Re: rebreather sales Quote: (Originally Posted by merman02) im interested in buying a rebreather but due to having wife and 3kids funds are limited does anyone know were i could purchase a rebreather on a finance deal to include if possible training on the unit TBH you would be better off either getting a small loan or as said above a credit card the interest rates are much better than any of the finance companies who generally work on a 29%APR Units can be gotten cheap at the start of the year I got hold of a 1 year old Inspiration Vision that had only done 3 dives and paid £3500 complete with everything it should have. So cheap units are out there if you get the cash and can pounce as soon as one presents itself.
(Offline)

15th August 2008, 21:23	#6 (permalink)
Alexv New Member Current Rebreather/s: MK 15.X Optima Other CCR Other Rebreather/s: MK 15.X Other CCR Join Date: Dec 2005 Posts: 15	Re: rebreather sales American General does finance scuba and rebreather equipment. I know of 4 shops that are using them in the VA an NC area. The will finance equipment as well as the educational end Quote: (Originally Posted by MarkZ) Use a credit card as the rates are much better. If you cannot get a credit card rest assured that a finance company will not be interested in your business either. Traditional financing sources are not very interested in getting involved with rebreathers for a number of reasons the least of which is the rebreather stigma itself. Years ago I offered a package for the purchase of rebreathers with the only company that I could find that would consider it. There was a $400 application process fee which scared off most to begin with, a reasonable interest rate, a $1 end of lease buyout fee and training could not be included. That was 5 years ago and I am still waiting for the first customer. The simple truth is the numbers don't make much sense to either the buyer or the finance company.
(Offline)

15th August 2008, 22:19	#7 (permalink)
gene1340 RBW Member Current Rebreather/s: Megalodon Other Rebreather/s: Join Date: Apr 2008 Location: delaware Posts: 34	Re: rebreather sales Hi, Do you mind listing the Virginia shops that deal with Am Gen? Thanks, Gene
(Online)

16th August 2008, 04:22	#8 (permalink)
MarkZ RBW Member Current Rebreather/s: Inspiration Classic Other Rebreather/s: Join Date: Jan 2006 Location: PA USA Posts: 106	Re: rebreather sales Quote: (Originally Posted by Alexv) American General does finance scuba and rebreather equipment. I know of 4 shops that are using them in the VA an NC area. The will finance equipment as well as the educational end I am sure they are but since I have had dealings with American General since they were Ritter Finance I might suggest you look at what you are signing. As was mentioned before the interest rate is the better part of 30%. Second it is a personal loan regardless of what they are calling it for marketing purposes further evidenced by the fact that they are including training. Training is not something that can be collateralized in any formal legal manner, ie what is the resale value of training? Last but not least there are caps on the loans and usually not very high unless secured by real estate. GE Capital has similar offerings but again read the fine print. Bottom line is that if you cannot get a credit card, or even a bank loan and have to resort to an American General then you really have to take a look at your priorities financially.
(Offline)

16th August 2008, 20:04	#9 (permalink)
Ocean Explorer New Member Current Rebreather/s: Inspiration Classic Evolution Megalodon Dolphin Other Rebreather/s: Dolphin Join Date: Feb 2006 Location: NJ Posts: 6	Re: rebreather sales Quote: (Originally Posted by merman02) im interested in buying a rebreather but due to having wife and 3kids funds are limited does anyone know were i could purchase a rebreather on a finance deal to include if possible training on the unit Don't know this person but IMHO anyone whose "funds are limited" should not be diving and electronic CCR. This is exactly the type of diver who would skimp on things like sorb and maintenance. An accident waiting to happen. Stick to OC.
(Offline)

17th August 2008, 06:03	#10 (permalink)
merman02 New Member Current Rebreather/s: Not Bought Yet Other Rebreather/s: Not Bought Yet Join Date: Aug 2007 Location: tamworth staffs Posts: 3	Re: rebreather sales Quote: (Originally Posted by Ocean Explorer) Don't know this person but IMHO anyone whose "funds are limited" should not be diving and electronic CCR. This is exactly the type of diver who would skimp on things like sorb and maintenance. An accident waiting to happen. Stick to OC. in some respects what your saying is true but what value is personal life and in my job i see the mistaakes when people make them
(Offline)

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