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DSK
 
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Default Boat Recommendation... boat prices

One thing that I noticed, a LOT of these boats are bank repos.


Shortwave Sportfishing wrote:
i was surprized this morning by a call from a good friend who sells
high end bass boats - the bank has repored a few of them over the
winter - geve me a hell of a price on a 21 footer.


So, are you buyin' it?

IMHO with the economy what it is (careful, I don't want to
tread too close to politics) and the cost of energy likely
to push inflation higher & higher, the market value of 2nd
hand boats is going to continue to plummet. Probably 1/2 or
more of all the boats in marinas across the land are
upside-down, and candidates for bank repo IMHO.

I'm shopping for a sailboat right now, and seeing some ask
prices that would have been amazingly low 2 years ago.

Fair Skies- Doug King

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