Where to Find Boat Deals and What to Know About Financing Them

Now is a fantastic time to buy almost anything. Home prices are down, car prices, electronics, even gas. If your looking for a” real deal” on something however, now is the time to pick up that boat you have been considering. The down economy has provided an excellent opportunity to buy a boat at fire sale prices. There are several good sources for both new and used units if you know what to look for.

The slowdown in sales at dealerships has created a flood of excess inventory to the extent that some dealers have new units on their lot that are two model years old. These “non-currents” can usually be purchased at prices that are below what the dealer had to pay for them initially. In addition, most dealers are financing, or flooring, their inventory and are making payments on the non-current units. So they are especially motivated to sell the oldest inventory first. These units usually are sold with the full factory warranty and represent a great combination of new boat security at almost used boat prices.

This is part one of a week long series of articles guiding you through the boat buying process in the current down economy. Click below for parts 2 and 3.
Boat Financing For Non-Current Models and Private Party Used Boats
Tips For Buying a Repossessed Boat at a Boat Auction

Tags: boat buying, buying a boat

This entry was posted on Tuesday, May 19th, 2009 at 9:47 am and is filed under boat buying. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.