Thread: Used boat prices, post COVID

Seems to be a lot of boats in the 'being sold due to unpaid storage fees' or 'dollar reserve must go' that aren't actually selling even at a few hundred $$$. This time two years ago they would have been selling for tens of thousands even requiring a bit of work... Not really a good sign - economist advice from the old box tonight was "survive until 25" meaning 2025...

Originally Posted by No.3

Seems to be a lot of boats in the 'being sold due to unpaid storage fees' or 'dollar reserve must go' that aren't actually selling even at a few hundred $$$. This time two years ago they would have been selling for tens of thousands even requiring a bit of work... Not really a good sign - economist advice from the old box tonight was "survive until 25" meaning 2025...

whats supposed to happen in '25?

Originally Posted by STC

whats supposed to happen in '25?

25 is when the optimists were predicting interest rates to ease / fall. However over here inflation is starting to lift again and may trigger an interest rate rise if it continues. Will cause a stir as most not looking at that option.

We have a two speed thing going on. A lot of cashed up boomers spending like no tomorrow. Government spending and younger family and lower to middle income homes scrathing to pay their bills.


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