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money
#10808793
04/30/15 02:42 PM
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Joined: Jul 2008
Posts: 70
reelin
OP
Outdoorsman
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OP
Outdoorsman
Joined: Jul 2008
Posts: 70 |
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 ?
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Re: money
[Re: reelin]
#10811013
05/01/15 01:36 PM
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Joined: Nov 2007
Posts: 5,522
ssmith
TFF Celebrity
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TFF Celebrity
Joined: Nov 2007
Posts: 5,522 |
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.
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Re: money
[Re: ssmith]
#10813486
05/02/15 03:03 PM
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Joined: Jul 2008
Posts: 70
reelin
OP
Outdoorsman
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OP
Outdoorsman
Joined: Jul 2008
Posts: 70 |
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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