Monday, June 15, 2009

The Best Boat-Buying Market in a Generation?

According to a new post on Mad Mariner, this is definitely the time to buy a boat if you have any extra cash laying around. While financing still isn't easy to get - especially for some used boats, the prices are some of the lowest we've seen in years, and that goes for both used and dealer inventory. As far as the offshore segment goes, the point-of-entry is really getting low, with great buys available both at dealers and from sellers who are being forced to sell due to business or economic circumstances.

So, whether you're looking to get that super-bad offshore boat to cruise around in, or are thinking of picking up a project boat that you might be able to race, we can't say it any plainer: Go find some money and get a deal done. You'll have plenty of boats to choose from. Here's how Mad Mariner explains the market:
"If you're in the market to buy a boat and you have the means, now may be the absolute best time to ink a deal – possibly the best buyer's market in a generation. With sales knocked flat by the economy and many dealers flush with inventory that is expensive to maintain, serious buyers can expect both a substantial price break — often as much as 30 percent — and a handful of perks if they are willing to put their money down."
To read the full story, go HERE.

PHOTO COURTESY OF: Tri-State Performance Marine

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