Boat Repo guys working hard........

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07-15-2008 | 05:06 PM

#21

bmanafort

Platinum Member

Joined: Feb 2003

Posts: 594

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From: Old Saybrook, CT

In Stonington, CT there is a rep yard that auctions boats off. www.northeastboatsales.com

07-15-2008 | 05:38 PM

#22

Jupiter Sunsation

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Joined: Jun 2005

Posts: 11,904

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www.yachtauctions.com is the company mentioned in the newspaper article/ National Marine Liquidators.

N O T E : A virus was popping up on this site three weeks ago when a Powerplay was discussed on OSO and everyone went to the site to check it out. Seems ok now.

07-15-2008 | 05:40 PM

#23

Jupiter Sunsation

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Joined: Jun 2005

Posts: 11,904

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Quote:

Originally Posted by DollaBill

I just got some other stupidly scary info. I predicted this level of problems last August.

Spill it DB.............

07-15-2008 | 05:59 PM

#24

DollaBill

OSO OG

Joined: Feb 2004

Posts: 7,030

Likes: 2

From: Blue Martini Hall of Fame

All I'll say is that it's not limited to one bank.

07-15-2008 | 06:26 PM

#25

JnT

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Joined: Aug 2002

Posts: 1,787

Likes: 1

From: Georgia

Quote:

Originally Posted by rchevelle71

How about a 27 year old single outboard, I would put twins on it, or a 300, but heck I could buy another boat in this economy for what a new 300 costs

I'd like to find a nice 300 too. Wait it out.
Enjoy your boat.
Jim

07-15-2008 | 06:31 PM

#26

Jammin'

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Joined: Nov 2003

Posts: 580

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From: Colonial Beach, VA

It costs the same or more to fix up an old one so if you're a sucker for old boats, given that boats turn to crap every 10 years give or take, you're out of luck anyway.

07-15-2008 | 07:20 PM

#27

Scott B

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Joined: Dec 2000

Posts: 2,922

Likes: 5

From: Slightly North of Cuba

Quote:

Originally Posted by BUIZILLA

okay, i'll bite.... where can I get this list to consider my next purchase... ??

Quote:

Originally Posted by DollaBill

You don't want to buy anything right now. The boat you buy now for .70/dollar will be going for .25/dollar in the fall

Told ya

07-15-2008 | 09:29 PM

#28

boating37

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Joined: Sep 2007

Posts: 1,196

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From: Tampa

So I guess the best thing to do is wait it out till fall time and see where the market goes from there.I was just going to make a offer on a 36 Concept hull with no power maybe I will wait cant get to engines till Oct anyway.

07-16-2008 | 09:17 AM

#29

CROWN MAN

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Joined: May 2004

Posts: 2,146

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From: Stuck In a Cuban Prison Camp

Quote:

Originally Posted by lucky strike

I'd rather have a 10 year old Pantera anyday.

ME TOO

07-16-2008 | 11:27 AM

#30

h2oboater

Gold Member

Joined: Dec 2003

Posts: 3,498

Likes: 64

From: NewBaltimore Mi

Quote:

Originally Posted by Jupiter Sunsation

Don't think the 26 year old Pantera market has been affected by the "repo" boats. Now if you owned a 05-08 Formula you just got killed by 30% due to the 200 repo Formulas that recently became available.

When talking to the Formula people at the APBA Gold Cup Races the number they had were 20 to 25 boats, not 200.

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