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hi


You are replying to:
jonnysled
Posted 4/5/2012 5:21 PM (#551126 - in reply to #551122)
Subject: Re: Boat prices





Posts: 13688


Location: minocqua, wi.		all you have to do is look at the used boat market and see how much principle has been paid (asking price) vs. book value. boats are not being bought ... it's like a leasing game trying to figure out how to fit someone's payments into a loan they can afford to walk out with. boats rarely get bought ... they typically get rented for the cost of the interest.

one level down from the housing market collapse ...

the "value" correction is coming

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