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Originally Posted by RaggedEdge
(Post 2471187)
In terms of the last comment, the problem here in todays world is that these buyers usually need financing, which is getting tougher every day. These are toys, banks are tightening up, and 50 - 60k is not in the high roller bracket. The reality is if you're worried about the next heating oil delivery or this weeks grocery bill you are not going to buy a new boat. The high end stuff is still moving, the average joe stuff is sitting. Just my opinion from what I seeing.
I don't know how others think. But I don't think I would finance a boat! I pasd cash for the Powerquest I just bought. As far as the high roller market...I have the cash in the bank earning interest if I wanted to go that deep into the money pit of a boat! :D |
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