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Prices seem to be dropping...

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Old 09-03-2008, 01:34 PM
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Default Prices seem to be dropping...

Is it just me or is the bottom falling out of used rigs?

As a boatless wonder I check the classifieds at least 200 times a day!

These are just two sick deals that have surfaced in the last couple of days...

http://www.offshoreonlyclassifieds.c...o25592-en.html

http://www.offshoreonlyclassifieds.c...o25597-en.html
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Old 09-03-2008, 01:42 PM
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Is it just me or is the bottom falling out of used rigs?

I noticed too!

I also heard recently that a bunch of guys dressed like indians threw a bunch of tea into Boston Harbor!! What next??
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Old 09-03-2008, 01:44 PM
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That nortech is a sick deal if that boat is as nice as it looks
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Old 09-03-2008, 09:51 PM
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That nortech is a sick deal if that boat is as nice as it looks
What Wild said, that Nortech is beautiful. Wonder what the story is... As for the boat market, I'm kinda waiting to see how far it will go. Fortunately / Unfortunately, I don't think it's bottomed out yet. Just my $.02.
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Old 09-03-2008, 10:06 PM
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Shallow minded, I see you have a Wellcraft Nova. How do you like it? My nieghbor has one, i think its a 1990. I work on it almost every week.Unfortinetly we found out after the purchase,4 years ago, it sank in salt water.It has been a nightmare for me to work on.Electrical problems galoure.I took it out about a month ago and got it running pretty good,twin 454's. no speedo or gps but I would say around 60 to 65 mph at 4000.Anything over 4000 port motor pops and back fires.Still have to work that out but it went good.Nice handling boat.
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Old 09-03-2008, 10:49 PM
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Well I thought I was going to wait to see if I could see where the market was going to go this winter,but I found a great deal on a 36 Concept,and for diffrent reason's then someone else might think,so I jumped on it.If the market goes down alttle more over the winter so what I found what I was looking for in a boat and a price I am happy with.Best of luck shoping for a boat, but don't miss out on something you find that you really like to try to find the bottom of the market.
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Old 09-04-2008, 12:23 PM
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that Awsome / Cris cat is a nice not too expensive cat. I'd be a buyer if I could insure that type of boats here... I saw it too!
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Old 09-04-2008, 12:26 PM
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that Awsome / Cris cat is a nice not too expensive cat. I'd be a buyer if I could insure that type of boats here... I saw it too!

Nice setup at a great price. 100 mph, reliable power, sunpad for the ladies.
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Old 09-04-2008, 12:36 PM
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The non high-end cats are suffering because of insurance. There's a big difference in sensitivity to exhorbitant premiums between a guy buying a $50K boat and one at $500K.

Triples hurts the NorTech badly.
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Old 09-04-2008, 12:59 PM
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The non high-end cats are suffering because of insurance. There's a big difference in sensitivity to exhorbitant premiums between a guy buying a $50K boat and one at $500K.
That being said, There is a much greater population that could pay cash for a $65,000.00 cat and just purchase liability insurance.

I plan to own a cat at some point and I plan to pay cash. I don't plan to pay exhorbitant full coverage insurance.
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