bank repo sites
 

what are the good ones? like yachtauctions.com
if you gotta pay they are boggus... one site listed all these great boats and 19.99 to access... they were all listed on yachtactions.com

Re: bank repo sites
 

i wouldn't pay.. and re-pop boats are hit and miss.. if they couldn't aford the payment they couldn't afford the up-keep

Re: bank repo sites
 

certifiedsales.com

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I've bought 3 repo's, you just have to realize what you getting into!! I have had to completely redo one boat, motors only in one and Interior in another. It seems to work for me, but I enjoy working on my boats!! Some people don't, thats fine to, but there is no way I could afford this recreation sport that I LOVE so much if I bought new and paid someone else to work on everything.

Asking me what sites are best??? I only found one on the internet and it actually was on Boattrader.com. As for the other two, one came from a Car Auction (I have a friend that is a dealer and called me from the auction) the other was a add that alot of people wouldn't have called on because it sounded too cheap. I called and found out it was going back if he didn't sell it that week, after I drove two states to look at the boat I bought it under what he owed and he had to get a friend to cover the difference so I could take the boat out of state.

-There are a lot of good web sites just do a search for them and then do you research, research, research!!!
-Get a survey
-Move Fast, the good deals don't last!! Get you money ready and be ready to jump!!
-Best thing is have an idea of the boat that you want and look for it.

Re: bank repo sites
 

So true, Or the boat gets stolen, then recovered missing all the big $$ items :rolleyes:

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....ad# 3198 is the '04 OL Stiletto epoxy that Ocean Performance sold.

Re: bank repo sites
 

www.americanyachtsales.com

but everyone usually lists thier boats www.yachtworld.com my dad talked to a broker freind of his and he said most of the really great deals are going to brokers only lists ...... dad is looking for a storm damage boat.

Ernie

Re: bank repo sites
 

Pure junk in the preformance world..but there are some good deals on big boats.

Re: bank repo sites
 

I am the repo man :eek: The majority of the boats we repo never make it to any auction. The true banks are the ones that want the big $$$ for what is left of a boat we pick up. Most of the bank repos are assigned to a broker that more often than not, buys the boat and makes the repairs, then boat is back on the market.The credit unions are great they put the boat right out front, take bids on it for about two weeks. The high bidder takes it home. Simple

Re: bank repo sites
 

Pier 75/Brenner Marine in Toledo has been doing some repo work for a large bank. They have a 12 ICBM Fountain and a 38 Fountain Sportcruiser with extra fuel tank, flood lights, 540 bulldogs in now. 419-691-6148

Re: bank repo sites
 

hey... i made 10k on a repo boat and that was after using it for half the summer!!!

i guess yachtauctions is the best then

Re: bank repo sites
 

My sister and brother-in-law bought their 40ft SeaRay Sundancer from National Liquidators last winter. They had to put about $15,000 into the boat to get it where it is now, but they bought the boat anticipating that. That included new bottom paint, wet sanding the whole boat, some canvas pieces, etc, etc. Also, National Liquidators got them a better interest rate than anyone else. The only "complaint" they had was the boat was originaly from Grand Lake OK and got shipped to Ft. Lauderdale about 2 months before they bought it. We live about 2hrs from Grand, so they could have saved about 4 grand in transporting the boat! I guess all I meant to say was they had a real good experience with them.