TODAY’S BOAT BUYER: Edward Taulbee, Grand Banks 42

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Edward Taulbee lives in Lafayette, La., and his married daughter lives in Richmond, Va. He wanted a boat to cruise Chesapeake Bay with — and see his daughter more often.

Taulbee, 55, who is an attorney, earlier this year upsized from a 28-foot custom aluminum offshore center console with twin 150-hp Evinrudes to a 1994 Grand Banks 42 trawler with twin Caterpillar 3208s.

“My wife and I have always loved the water,” says Taulbee, “and we wanted something we would be more comfortable cruising on.”

He bought Ezduzit in January from Oxford (Md.) Yacht Agency, and it is berthed in the Chesapeake.

John Shannahan, owner of Oxford Yacht Agency, says the asking price was around $300,000, and that the boat had been kept in top condition.

“Grand Banks has a long line of quality associated with them,” says Taulbee, who preferred not to disclose what he paid for the boat. “We picked Oxford because they have a long history of selling Grand Banks, and John is very knowledgeable on this brand.”

Taulbee had researched Grand Banks for a few years and saw prices dropping with the state of the economy. He began discussions with Shannahan last fall.

“I wanted to take advantage of the slow market,” he says. “I figured if I waited, I could save a lot of money.”

Taulbee found financing easy to obtain when he began researching his options, but he declined to discuss whether he financed the vessel or not. “I can tell you it’s not hard to finance a boat. It’s easier than buying a house,” he says.

Taulbee says he is excited at the opportunity to explore the Chesapeake and see his daughter more often.

“We really don’t have any exposure to East Coast cruising,” he says. “It’ll be a new experience for us.”

— Elizabeth Ellis


2 comments on “TODAY’S BOAT BUYER: Edward Taulbee, Grand Banks 42

  1. Suzanne Hawley

    So great to read a positive story and to hear how customers can take advantage of great pricing in challenging times.

    Both the trade and consumers will benefit from my stories like this. Thank you!

  2. Wayne Johnson

    As a former boat dealer (retired in 2004), I think the stories you’re publishing are excellent and contradict the bad news from our media and nay-sayers. Perhaps boat dealers could in fact, publish their own success stories of satisfied customers (with permissions, of course) instead of generic advertising. Let me explain; I’m retired and ordinary ads don’t tickle my imagination, but here I am, reading each of the customer stories this website has been offering. And, I liked them all. So c’mon boating industry, get on the “Good News Boat” and get this country and your profits going strong again.

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