Join Date: Jun 2008
Location: Fort Lauderdale
Thanked 8 Times in 8 Posts
Rep Power: 8
Re: What Is A Boat Really Worth?
What I'm doing is sharing some information I've gained from talking to people who will ultimately affect the real life value of a given boat, especially if you need to get a loan. What anyone does with that knowledge is up to them. ....
You really need to apologize.
Julie, at the risk of having to apologize, I disagree with you that lenders are setting the market.
That may be true in your case because you need to borrow and donít have the required equity and so are bound by that limitation. For other people in different circumstances your situation would be irrelevant.
I wish you luck in your search but it doesnít look like you are going to make the Chicago season this year.
The good news is that you will have all winter to play with spreadsheets and post on every sailing forum you can find about buying a boat.
Now that recreation is free!