On Sep 2, 11:56*am, Tom Francis - SWSports
wrote:
On Wed, 2 Sep 2009 07:44:05 -0700 (PDT), Tim
wrote:

BTW, the boat I consulted you about? They still have it. They've tried
to auction it off three times with no takers and won't lower the
opening bid.

I agree with Wayne - it's most likely that folks are upside down on
their boat loan and want to get out of it to break even.

When you look at relative values on boats, folks are asking much more
than they are truly worth.

Which is fine - but don't expect to sell it. *If you have to short
sale and take the hit, it's better than sitting on something that's
just going to **** you off over time.

yeah that was my experience...i used 'craigs list' to find boats and
most were asking far more than book value. they always had an excuse '
boat is clean', 'well kept', 'never in salt water' yadda yadda

the one thing the book value doesn't cover is if they've put in a new
engine which does add to a boat's value..