Like Tree0Likes

What web sites for Repo's????

Reply
Old 01-18-2009, 12:23 PM
  #11
Registered
 
Join Date: Apr 2003
Location: Punta Gorda
My Boats: new to me 388 slingshot 2000 velocity 390 sold 2005 390 velocity sold 2001 390 velocity sold 260 velocity sold 320 velocity sold 30ft velocity sold vr1 velocity sold 35 Cigarette sold. 34 phantom cur.
Posts: 1,789
Default

I watch this onehttp://www.yachtauctions.com/inventory.asp
Velocity Tom is offline  
Reply With Quote
Old 01-18-2009, 12:33 PM
  #12
Registered
 
Join Date: Jun 2005
Posts: 9,590
Default

Quote:
Originally Posted by bmanafort View Post
The pricing on these websites seem to be high for repo boats. My theory on these boats are that if the people didnt have money to pay for the boat that they most likely didnt pay for the maintenance. I think you can by a boat from a private owner will all receipts for what some of these boats are looking for.
Pricing is the ask and in some cases they get it but in others they get 50% of ask. The boats will need work but you have the right to survey/ sea trial. How many people on here bought boats (even from OSO dealers/members) then only get it home to find it needs tons of work yet they paid all the money up front.
It is clearly a boat by boat basis whether it was a deal or not but here are some that I followed:

06 32 Sunsation Dominator SS w/ 496 HO's listed for 70K
06 36 Pantera/ 525's listed for 130K sold in the 60's
03 38 Powerplay (sunk/no power) listed for 65K sold for 30K
01 37 OL Stilleto with 900's/ missing #6's sold for 91K

Keep in mind some of the Formula inventory still has factory warranty (5 year) so that make take some of the worry out of the purchase and on some boats Bank of America was offering 4.9% financing on site to expedite the process.

Check out this ebayer:
http://cgi.ebay.com/ebaymotors/ws/eB...3AIT&viewitem=

He has other boats listed as repos but no business name.

Last edited by Jupiter Sunsation; 01-19-2009 at 08:10 AM. Reason: added link
Jupiter Sunsation is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
CAP071
General Boating Discussion
5
01-03-2006 08:31 AM
mike11
General Boating Discussion
23
08-30-2005 11:14 PM
Strip Poker 388
General Boating Discussion
16
03-18-2003 08:47 AM
BAD-HABIT
Formula
11
08-02-2002 01:30 PM



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 01:04 AM.


Copyright 2011 OffShoreOnly. All rights reserved.