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#10808793 - 04/30/15 09:42 AM money
reelin Offline

Registered: 07/25/08
Posts: 64
Must be.
Noticed a lot of boats for sale, some of them with thousands of lookers,
just that.
So , I'm thinking it's the economy , sure. Jobs, or lack of.
Been that way for almost 7 years.
So much for changing for the better.
Noticed also THE BANKS not having a problem charging 4 TIMES interest ratio to money earned on cd's.
I don't have answers, I'm just concerned.
Vote ?

#10811013 - 05/01/15 08:36 AM Re: money [Re: reelin]
ssmith Online   content
Extreme Angler

Registered: 11/22/07
Posts: 2387
Loc: scotland tx
the main reason there are boats for sale with thousands of looks is folks get signed up with long payment plans with the idea that they will pay ahead on it. the interest rate is a double edge sword cd s don't pay much now but if you have good credit you cab get a 6 yr note on a car or truck fo3 to 4 percent sometimes less.if you look at a lot of the boats on bass boat central they have been for sale for a long time the market is what sells boats if you lower the price to the market value instead of what the finance co says you owe it will sell if oil doesn't go back up there will be a lot of toys houses an things for sale.

#10813486 - 05/02/15 10:03 AM Re: money [Re: ssmith]
reelin Offline

Registered: 07/25/08
Posts: 64
Yes I agree.
If the value of the boat is lowered to the sell price it's a giveaway.
Life ain't fair.


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