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Question on boat values

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Old 01-05-2007, 11:49 AM
  #11
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Default 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.
Chris Sunkin is offline  
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Old 01-05-2007, 12:10 PM
  #12
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Join Date: Jun 2006
Location: Saucier/Gulfport, MS
My Boats: 1998 Sonic 26 Prowler 525SC (updated to a ZOOMY 600hp)
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Default Re: Question on boat values

That bigger garage is looking like more & more like a good option....
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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