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Old 10-28-2008, 06:41 AM   #3
gf2020
Registered User
 
Join Date: Jan 2002
Location: North of Boston
Posts: 444
It's a tough market, no doubt. If you don't have to sell and the boat is paid for, you are probably better off holding on to the boat.

I sold my 20' boat in April '07 to the first buyer to come look at it and for only $500 off my asking price. I see similar aged models selling now for 20% less than I sold mine for only 18 months ago.

My intention at the time was to move up to something in the 23-25' range but I still have not made another purchase. Plenty of good deals around now, however.

You are correct that gas prices are heading down but it doesn't matter what gas costs if someone is out of work. The next 6 months will be very interesting for the boat market.
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