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. |
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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