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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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