Anyone Buying a Boat in this Mess

Not sure what will be happening on my pending deal over the next several weeks. Boat was in storage and not in the water, so I fear the dealership will be shut down before we can sea trial. If we are able to complete the deal, I certainly will,and social distance myself on the boat! (other than visiting Roger on the way home!)
Rob
 
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I hope it works out for you.
 
Not buying a boat, but buying a car. As someone once said when there is blood in the streets buy real estate.
 
I put a 10% deposit down on a Sunseeker ~1wk before the first case was announced in the states and figured I'd be able to sell the 400DA in pretty short order. Then the bottom dropped out of the economy and I'm looking at being a two boat owner for the summer. And my business had to completely shut down and lay off 19 employees, including myself. If I didn't have bad timing, I'd have no timing. :(
 
Z-Worthy said:
I put a 10% deposit down on a Sunseeker ~1wk before the first case was announced in the states and figured I'd be able to sell the 400DA in pretty short order. Then the bottom dropped out of the economy and I'm looking at being a two boat owner for the summer. And my business had to completely shut down and lay off 19 employees, including myself. If I didn't have bad timing, I'd have no timing. :(
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That’s not good... my business is in Michigan and we got designated as essential... so we are open....but not a great feeling

best of luck to you
 
I was a year or two out from upgrading, but who knows now. The US is slow to control virus including my state where the governor will not close any counties and people are running all around in NC.

I'm also sure everyone is learning the SARS COVID-19 is not effected by het or humidity as other viruses are. This might be a long slow grind in the US. Which might lead to buying opportunities if someone is ready.
 
Z-Worthy said:
I put a 10% deposit down on a Sunseeker ~1wk before the first case was announced in the states and figured I'd be able to sell the 400DA in pretty short order. Then the bottom dropped out of the economy and I'm looking at being a two boat owner for the summer. And my business had to completely shut down and lay off 19 employees, including myself. If I didn't have bad timing, I'd have no timing. :(
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This will turn around in the next few months and your 400 will sell if it’s priced right. They’re popular boats.
 
I would like to upgrade my Sundancer to a larger Sedan Bridge. However, here in FL there is no place to go. My boat club was going on a cruise this weekend, which of course was cancelled. The yacht clubs are closed along with the marinas, restaurants, etc. There is no place to go, other than anchor out, no matter what boat I have. Because of this, as well as the uncertainty of the stock market, I think the prices of everything - not only boats - will be going down.
 
Flytrade said:
I would like to upgrade my Sundancer to a larger Sedan Bridge. However, here in FL there is no place to go. My boat club was going on a cruise this weekend, which of course was cancelled. The yacht clubs are closed along with the marinas, restaurants, etc. There is no place to go, other than anchor out, no matter what boat I have. Because of this, as well as the uncertainty of the stock market, I think the prices of everything - not only boats - will be going down.
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Anchoring out on a nice day is my favorite thing to do.
Spending the night on the hook is even better.
 
Well I started this process before the virus hit and hoping it was a good move but she's finally on her way to a new home....
 

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On Monday, a 7 percent stock market plunge triggered a “circuit breaker” on Wall Street, pausing trading for 15 minutes for the first time since 2008; the day finished 2,000 points down.

The same day, MarineMax got around double the number of serious leads online as a typical day, said MarineMax chief revenue officer Chuck Cashman.

“The market crashed, we’re panicking, and we just asked question, ‘What was online lead traffic today?’ and marketing came back and said, ‘You’re not going to believe this, it was dramatically up,’” Cashman told Trade Only Today. “I don’t know why. You can make some assumptions.”

A typical solid lead day would bring around 100 qualified leads — that is, inquiries on specific boats the company has in its inventory — and Monday it had over 200.

“Right now the world is trending away from interacting,” said Cashman. “But getting out and anchoring in a cove … you’re in your own little world, so that doesn’t change, corona or not.”

The company’s online push has been very well-timed for today’s concerns of a pandemic, says Cashman.

statement. “With regard to supplies from countries affected by the Covid-19 epidemic (China and Italy), the group has not experienced any shortages and is even seeing production start up again at the Chinese facilities concerned. The current delays in the supply chain will be resolved by arranging air transport.”
 
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