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Bruce wrote:
... Low balling boats is soon to be a thing of the past and watch for a dramatic price increase in good used boat prices. ... I hope you're right since I already own a boat. IMHO much depends on the stock markets which in turn control 401Ks and other investment funds. I was unwilling to exhaust my savings or sign up for payments after the near crash following Bush's election knocked 25% out of my retirement savings. Today, I'd have bought/financed a newer, bigger boat that needed less work - tho I'm quite pleased with our old Catalina 30 - or even paid the asking price for it instead of 40% less. When the DOW goes over 10 again, just befor the election, prices will no doubt climb accordingly. After that ... who knows?? Only thing worse than tax-and-spend Democrats is a borrow-to-spend-more Republican. |
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