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-   -   Question on boat values (https://www.offshoreonly.com/forums/general-boating-discussion/148475-question-boat-values.html)

Chris Sunkin 01-05-2007 10:49 AM

Re: Question on boat values
 
The way the market is, everyone's boat is depreciating more rapidly than the market is recovering. There is a huge glut of used boats on the market and it's going to be worse in the spring once "new boat fever" really kicks in.

I know a couple of guys myself that are $50K or more upside down in newer performance boats. Gas and insurance costs are hurting everybody.

rangerrick63 01-05-2007 11:10 AM

Re: Question on boat values
 
That bigger garage is looking like more & more like a good option....:D
I'm not upside down, but I really don't want to just give it away, so keeping it for now may be the way to go....


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