no one is jumping all over jupiter sunsation.....
and that says ALOT
could it be we r allfinally coming to grips with the reality of how this is affecting the powerboat world now?
two months ago JS was about to get stoned to death...
haven't read all the posts....but I would believe that a distress sale sets the market for distressed sales....those that can hold on through the hard times can sell when the market corrects as far as true market value....if however, you MUST sell (distressed) then I believe that the market is set by what someone is willing to sell an otherwise more valuable property but for the distressed situation.........so.... Yes and No
It is a Skater Nation!
There are distress sales all the time, in every market good and bad. Just because 1 goes cheap due to some unusual circumstance that does not necessarily change the market. However, there are certainley many more distressed boats for sale now (probably more to come); until they are absorbed, prices across the board wil suffer. Basic supply vs demand.
It is certainly the quickest way to find "fair market value"
Been for sale on OSO for over a year.....
I believe the other boats on display were pre-sold customer boats (46 RR and a 50 Marauder).
Here was Lauderdale show Oct 08:
Not picking on Cigarette (but their boats are more unique/ memorable/ non production).
Hideaway still owns the Vegas OL 46 Limited that is a new 07 approaching its 2nd birthday but some will say it is because it is a theme boat.
Last edited by Jupiter Sunsation; 12-07-2008 at 03:10 PM.
We can do this analysis with any brand of boat, car or even real estate nationwide. Nothing is turning the wheels of capitalism right now.
Alum Metal Fab
Custom Marine Sales
Dave's Custom Boats
Diamond Performance Parts
Double R Performance
Elton Porter Insurance
Fastboats Marine Group
GGB Exhaust Technologies
Grand Sports Center
Ilmor High Performance Marine
Lake Cumberland Marine
Lake Havasu Boat Show
Marine Technology Inc
McLeod Design Group
Performance Boat Center
Performance Marine Trading
Potter Performance Engines
Ron Sporl Performance
Speed and Custom Marine
Total Dollar Insurance
Teague Custom Marine
Wake Zone Marine Insurance
Young Performance Marine