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-   -   2007 42 FT FOUNTAIN LIGHTNING gov auction (https://www.offshoreonly.com/forums/fountain/213181-2007-42-ft-fountain-lightning-gov-auction.html)

blume 07-19-2009 09:33 AM

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

Kelly O 07-19-2009 09:50 AM


Originally Posted by phragle (Post 2913170)
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.

phragle 07-19-2009 10:00 AM


Originally Posted by Kelly O (Post 2913214)
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.

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..

TeamShogren.com 07-19-2009 10:52 AM

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


Originally Posted by Kelly O (Post 2913167)
Bet if the bids do not get close to market value it will be back in Shogren's hands again.


BAJA WILL 07-19-2009 11:40 AM


Originally Posted by tomtbone1993 (Post 2913133)
Thanks for posting it a week ago.........

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

lowtech 07-20-2009 02:24 AM

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

nealmobile 07-22-2009 10:32 PM

This boat sold today for 189,000 and change. I would be interested to here from the new owner about it's condition.

Marginmn 07-23-2009 06:36 AM

That's a great deal for someone if all the boat needs is a few cosmetic fixes.

BAJA WILL 07-23-2009 08:41 AM


Originally Posted by nealmobile (Post 2916162)
This boat sold today for 189,000 and change. I would be interested to here from the new owner about it's condition.

WOW, that is a great price for that boat, I actually thought it would go for around 230K:party-smiley-004:

m3seth 07-23-2009 07:32 PM


Originally Posted by BAJA WILL (Post 2916320)
WOW, that is a great price for that boat, I actually thought it would go for around 230K:party-smiley-004:

looks like this one 2007 42 Lightningl

Did he buy it and mark it up $50k? Asking $240 :lolhit:


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