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Old 07-17-2013
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Re: What Is A Boat Really Worth?

The problem with buying a used boat right now is that not many people want to accept the beating they have taken in the last five years or so due to the economy.

There are a lot of boats for sale at unrealistic prices. I bought my last boat in 2009 and I paid the owner about 60 per cent of what he had paid for it the year before.

I also had another 8 or 9 boats on my short list, several of which that are still for sale, with owners who just didn't believe a crashed economy meant their boat was worth less.

If you can afford to keep it, fine. I know I couldn't get what I paid for my boat if I sold it right now. I don't plan on selling it, so I don't care. But, those people wanting to sell boats right now, need to get real. Because, boats that belong to owners who are realistic as to what they are worth, are selling.
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