Repos Are Stoping Look Around
#6
Registered
Joined: Sep 2010
Posts: 830
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From: The Woodlands, TX
I've always considered myself reasonably intelligent but I must be handicapped at the moment because I can't figure out exactly what point Outlaw is trying to get across to us.
Are you saying that Repo's are priced to high because the blue book values are going up?
See ya,
Kelly
Are you saying that Repo's are priced to high because the blue book values are going up?
See ya,
Kelly
#7
I've always considered myself reasonably intelligent but I must be handicapped at the moment because I can't figure out exactly what point Outlaw is trying to get across to us.
Are you saying that Repo's are priced to high because the blue book values are going up?
See ya,
Kelly
Are you saying that Repo's are priced to high because the blue book values are going up?
See ya,
Kelly
#8
I'm not sure exactly what he is saying but I'll give it a shot. Repos have been the thorn in this industries side for several years now. Influencing not only the value of used boats but impacting new boat sales/values.
I think the post is saying the repos are drying up and fewer and fewer are coming to market - which is a great thing for the boat industry. As for the book value going up 30% i'm not sure where someone would find such information but great news if it is (and not just speculation). Shows a sign of a strong comeback for the boat market.
Now lets see how close I was to getting it right....
I think the post is saying the repos are drying up and fewer and fewer are coming to market - which is a great thing for the boat industry. As for the book value going up 30% i'm not sure where someone would find such information but great news if it is (and not just speculation). Shows a sign of a strong comeback for the boat market.
Now lets see how close I was to getting it right....




