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Old 02-09-2005, 07:21 AM   #10
MakoMike
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Join Date: Feb 2003
Location: Newtown, CT
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Beamie,
The problem is with the BUC, they think that boats should depreciate like cars, after all that's their main business, cars. The big problem is that their assumptions bear no relationship to reality. It may cause some problems regarding insurance recoveries, but that isn't going to change the market. If an isurance company tries to pay you BUC values, just show them the prices that the boats have really been selling for.

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