SailNet Community - View Single Post - "Buyer's Market" - any data to back it up?
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Old 10-01-2008
PalmettoSailor PalmettoSailor is offline
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Quote:
Originally Posted by sck5 View Post
I have been looking at boats lately and the brokers have said there are really two different markets - People who are selling generic production boats are more often inexperienced sailors than are those selling higher end boats...snip...
I'm not sure sailing experience has a lot to do with the market. Experienced owners/sailors are always better postioned to know what they want and to recognize a deal than less experienced folks, but in todays market the vast majority buyers are not going to be able/willing to pay what they would have last year. Everybody's buying power is less now than it was last year regardless of sailing experience.
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1991 Catalina 36
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