Join Date: Jun 2011
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Re: Buying A Sailboat During Hurricane Season?
IMO only two things really affect the prices on boats.
First and foremost are the seasons. Spring and summer boat prices are higher than in the fall and winter, if the owner is serious about selling. By the time hurricane season is upon them, most owners already have insurance, so that shouldn't be a factor. I understand these days that if a boat does not have continuity of insurance, it is much more difficult to get a policy, something you might want to check out.
The other is faith in the economy. I bought this boat in August 2009, at the bottom of the market and with fall, and then winter fast approaching. I purchased @ around 60% of asking. No way the PO wanted to spend money, in that economic environment, on dockage and insurance for another 9 months.
I'm not sure how many are feeling really positive about the economy with these trade wars looming, so it might be a good time to buy. Boats and RV's are the first things to go on the block when folks begin to get antsy about their economic future. However, as a buyer, you might wish to develop a hurricane plan for your new boat!
"Any idiot can make a boat go; it takes a sailor to stop one." Spike Africa aboard the schooner Wanderer in Sausalito, Ca. 1964.
“Believe me, my young friend, there is nothing - absolutely nothing - half so much worth doing as simply messing about in boats.” ― Kenneth Grahame, The Wind in the Willows
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