Out side of boat prices lately there is very little economic stimulus going on and it seems Washington is running out of ways to get the economy back on track. Banks are creating ways to manage the wave of repo boats a they were unprepared to handle. Boat prices like home values have indicated signs of recovery but boat buyers will still be able to find sizable bargains at boat auction houses.
Surprisingly whoever seriously gets in on these 'must sale' sales events either online or offline (and they come and go all the time) will frequently have opportunity to walk away with a comparatively affordable asset. With regards to finding these boat auction houses I can tell you from experience that you can attempt to keep up with all the sales events on your own.
Depending upon the boats condition you can start your offer at 40 to 60% the banks asking price and then be prepared to counter. The offer can be submitted with a contingency that get a survey and/or sea trial to make sure it's a fair deal. If it is a good survey you can make preparations to purchase it.
Before jumping into any type of high ticket auction where you're buying equipment, machinery, vehicles, and especially boats and marine equipment you'll want to get a professional survey or inspection performed. Some sales will routinely offer a pre bid inspection period which is necessary for those who are shopping for a boat that's in need of a few repairs. It is also possible to have an independent appraisal arranged if you can't attend. This is not a bad idea for any boat that is being sold without warranty or "as is" basis.
As a result boat buyers looking at boat auction opportunities can easily realize 15 to 20% savings on newer or used boats before they even start negotiating. According to Boat Auctions Direct overseas international buyers are profiting in multiple ways via. the weak dollar as well as the glut of repo boats for sale across the U.S. These buyers' big concern is getting their new repossessed boat transported home safely and without much expense. National Liquidators out of Florida transports many of their repossessed inventory overseas to Europe, Caribbean, and Canada.
Surprisingly whoever seriously gets in on these 'must sale' sales events either online or offline (and they come and go all the time) will frequently have opportunity to walk away with a comparatively affordable asset. With regards to finding these boat auction houses I can tell you from experience that you can attempt to keep up with all the sales events on your own.
Depending upon the boats condition you can start your offer at 40 to 60% the banks asking price and then be prepared to counter. The offer can be submitted with a contingency that get a survey and/or sea trial to make sure it's a fair deal. If it is a good survey you can make preparations to purchase it.
Before jumping into any type of high ticket auction where you're buying equipment, machinery, vehicles, and especially boats and marine equipment you'll want to get a professional survey or inspection performed. Some sales will routinely offer a pre bid inspection period which is necessary for those who are shopping for a boat that's in need of a few repairs. It is also possible to have an independent appraisal arranged if you can't attend. This is not a bad idea for any boat that is being sold without warranty or "as is" basis.
As a result boat buyers looking at boat auction opportunities can easily realize 15 to 20% savings on newer or used boats before they even start negotiating. According to Boat Auctions Direct overseas international buyers are profiting in multiple ways via. the weak dollar as well as the glut of repo boats for sale across the U.S. These buyers' big concern is getting their new repossessed boat transported home safely and without much expense. National Liquidators out of Florida transports many of their repossessed inventory overseas to Europe, Caribbean, and Canada.
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Buy any boat direct from auction and save up to 65% on boat repos. Locate bank seized vessels at boat auctions. Locate out how to get in on the auction today.
1 comment:
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