2007 42 FT FOUNTAIN LIGHTNING gov auction

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07-19-2009, 09:33 AM

#11

blume

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anyone have a number I can't get the link to come up??

07-19-2009, 09:50 AM

#12

Kelly O

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Quote:

Originally Posted by phragle

you sure?? said it's a govt. auction. the govt only knows how to loose incredible sums of money. it's what they do best.

Dealers and Brokers have a vested interest in protecting their own inventories' values.

They would take this off the market by purchasing from government auction then re-selling at 'market price'.

The bids will come in late in the auction, but they will come.

07-19-2009, 10:00 AM

#13

phragle

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Quote:

Originally Posted by Kelly O

if the govt is auctioning it...isn't it owned/seized/belongs to the govt in one way or another?? or is Obama not happy running Govt. motors and decided to go into the used boat buisness. if the govt is selling it, no dealer would have a vested interest..

07-19-2009, 10:52 AM

#14

TeamShogren.com

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42 700 Boat

Anyone can bid on these boats. The only catch is you have to send in a 20K Cashiers Check to bid on their boats so it can get costly to bid on several boats.

I have not seen boat since it was repo'd but the indivduals who scammed people did not have long.

Regards,

Team Shogren

Quote:

Originally Posted by Kelly O

Bet if the bids do not get close to market value it will be back in Shogren's hands again.

07-19-2009, 11:40 AM

#15

BAJA WILL

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Quote:

Originally Posted by tomtbone1993

Thanks for posting it a week ago.........

I didn't post because we were thinking of putting a bid in on it

07-20-2009, 02:24 AM

#16

lowtech

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Goes to the higest bidder

Market price means nothing. First bid price is $100500.00. there is a reserve price on the boat, but it's usually well below market on the GSA auctions. US marshal service is auctioning this either as contraband or distressed assets.

Go to
http://gsaauctions.gov

Last edited by lowtech; 07-20-2009 at 08:07 AM. Reason: messed up