BUYING OLDER BOATS & MARKET TIMING
My two cents: When I went looking for a boat in the winter ''99/spring ''00, I was shocked by the high price levels. This is in contrast to my boat hunting back in 1995/6 when the prices seemed more reasonable. That being said, I dare say that many (if not most) of the boats I was looking at are either still for sail or have been withdrawn from the market. Offered prices seem quite high but, if boats are not moving, they are, obviously, not "for real." I think that market timing is valid but is more realated to the individual motivations of the sellers and buyer in question. IE, if you find someone that needs to unload a boat, you may get a deal.