"Ken T." wrote in message
. com...
On Sat, 04 Apr 2009 07:52:20 -0400, salty wrote:

On 04 Apr 2009 10:21:28 GMT, "Ken T." wrote:

I was just wondering if the NADA prices might be a little inflated given
the state of the economy? How much do you think they are inflated by?

Seems like now would be a good time to get a good deal.

NADA re-calculates constantly.

You have to buy a subscription ($$$) to get their best information.

That may be, but the data must be a few months old no matter how often
they recalculate. You don't have to go back but a few months and the
economy was much better. Unemployment hit a 25 year high this week.

Doesn't that indicate that boat prices would be trending down?

It is my understanding that a lot of the low end transfers will be 'off the
books' so to speak. People stop paying marina fees, marina takes it and put
it up in a lien sale, new owner may just strip it for parts.

Lots of people that had money before still have it so IMO there hasn't been
a lot of overt movement in boat prices. That is if someone was living on
their boat and paying slip fees with their social security check the
situation will literally be the same until they die.

Anyway, my suggestion if you are looking for a bargain would be to contact
marinas and ask if they have any lien sales coming up. A lot of the boats
are really rough but you will be getting 50-90% off. The marinas will ask
you to leave, not politely, to eliminate the possibility of the old owner
showing up and causing a scene. You will give most of the money you saved
back to things like a haul out, marine survey, and moving the boat but you
can come out ahead if you pick right.

Rick