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why has this been on the market so long ?

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why has this been on the market so long ?

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Old 04-06-2014 | 07:23 PM
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stimleck
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Default why has this been on the market so long ?
why hasnt this sold yet, 99k for 140 mph seems cheap
been for sale for a long time

http://www.doublerperformance.com/in...alon-377-99900
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Old 04-07-2014 | 10:21 AM
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stimleck
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wow 175 views and no comments? 140 mph for 99k seems real cheap, I just dont get it
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Old 04-07-2014 | 12:45 PM
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Because insuring it will cost 10-15k a year.
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Old 04-07-2014 | 12:55 PM
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Originally Posted by Griff
Because insuring it will cost 10-15k a year.
If you insure it for $100K, it will cost about $5K a year to insure. Figure about 5% of the boats value per year on the boats that run over 120mph or so.
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