Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 01-01-2009, 07:45   #16
Registered User
 
markpj23's Avatar

Join Date: Nov 2005
Location: Black Hills, SD
Boat: Now Boatless
Posts: 1,148
Images: 47
Quote:
Originally Posted by Amgine View Post
People who have high-quality boats, boat's they spend an reasonably high percentage of purchase price on in maintenance and continuous upgrades, are looking at the current market, shaking their heads, and taking their marbles home....
I think you've hit on one of the reasons... During the past week I've met with several different brokers and the consensus seems to be that while there are still boats available, most have been out there for quite a while - and usually for good reason. Another factor (I'm told) is that the strong Euro a couple years ago depleted the inventory of sailboats in the southeast in particular. Some gems are still out there, and always will be. My job is to find the one that's not a dog and not over-priced.

And lastly, boat money is hard(er) to come by. Rates are hovering around 7% for those who can still qualify. I'm told LOTS of people have gotten fed up, cashed in their 401(k)s and want the brokers to find a cruising sailboat in great condition for $50 - $100K. That would explain (to me at least) why the inventory of higher priced boats is larger than that near our price point (lucky us....).

This whole thread started with my perception that there were far fewer good boats listed for sale now than was the case 5 or 6 years ago. I think that perception was and is valid, at least for boats in our price range in FL.

Many thanks for all the replies.
__________________

__________________
Mark
markpj23 is offline   Reply With Quote
Old 01-01-2009, 07:52   #17
cruiser

Join Date: Aug 2005
Location: No longer post here
Boat: Catalac Catamaran
Posts: 2,462
Mark

I wonder if the fact that the marine industry is feeling the effects of recession has anything to do with it. The feeling around my marina is not to list a boat for sale now as prices are depressed.

People are waiting for the market to recover a bit before trying to sell their boat.
__________________

__________________
Tropic Cat is offline   Reply With Quote
Reply

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Four Boats Curmudgeon Monohull Sailboats 53 26-08-2008 21:10
He doesn't like boats but... knottybuoyz Off Topic Forum 16 17-03-2007 01:44
Tough boats knottybuoyz Powered Boats 4 28-02-2007 22:18
Any of these boats you DON'T Like? chuckiebits Monohull Sailboats 11 24-08-2005 05:31



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 16:13.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.