The Used Problem

A few years ago, before 2009 recession hit us a boat coming with a good brand name and maintenance used to bring a solid return, and I actually know a lot of cases where owners lost little to nothing when they sold used.  Sometimes people also made a surplus on the purchase. The important part was maintain it well, make it look good, and things used to work out on there own.

In recent years though change hit the world economies and with the recession, the first object people seems they want to get rid off is a boat.  This is all natural since the up keeping expenses of a boat are usually not cheap and these can double or triple to the least if you keep it in a more exotic place i.e. highly demanded luxury marina. 

But does this cycle create a circle of people not buying boats anymore cause of the lose they suffered?  Unlike cars which can you leave in the garage, boats cost a considerable amount of money to keep and maintain.

So here lies the used problem, that up until the brokerage market stabilizes and this start to make a decent return the new boating and yachting market will not stabilize.  At the moment this looks far away, making buyers and bargain hunters with opportunities which I have never seen before and actually till recently did not exist.
One think is sure this is the buyer's market, one that brings endless opportunities and huge savings.  Probably a buyer's market that we have never seen before.