Posts Tagged ‘boat auction’

With boat sales down and repossessions on the rise, hundreds of recreational watercraft are stacking up at an Oshkosh business.

It’s called the Midwest Marine Repo Center, a Skipper Bud’s boat dealership, on the south shore of Lake Butte des Morts.

Boats from across the nation, some costing more than $100,000, have been sent there for liquidation at discount prices.

Some were repossessed by banks and other lenders. Others are new boats from dealerships that have fallen on hard times.

Some are from outdoor enthusiasts, stuck with a hobby they couldn’t afford, now selling their boats on consignment.

“There’s a little bit of everything,” from aluminum fishing boats to big cruisers, said Mike Pretasky Jr., Skipper Bud’s president.

Wisconsin’s marine manufacturers also are feeling the recession as they throttle back production and cut jobs.

Sales of pleasure boats have been shaky for several years and took a severe nosedive late last year as the economy worsened.

The fallout deeply affected Brunswick Corp., the world’s largest boat builder who manufacturers Bayliner Boats and parent of Mercury Marine Inc.

Bayliner Boats and Brunswick closed eight factories and eliminated hundreds of marine-industry jobs last year, including jobs in Fond du Lac.

“Demand is down. And there are no factors on the near horizon which will improve demand,” Brunswick CEO Dustan McCoy recently told analysts.

Perhaps a glimmer of hope, Viestenz said he’s seen more sales activity in the last four weeks than he has seen in the last six months.

Most of the buyers are bargain hunters, leaving little profit for the manufacturers, but the increased sales will help clear out inventories of unsold boats. “At some point, supply and demand will get back in balance,” Viestenz said. Bayliner Boats-Bayliner Parts thanks; Boats take a hit during the recession – JSOnline

Here is where to go to get the BEST deals and prices on seized boats and repo boats at Boat Auctions

2003 Bayliner Cierra 24′ cruiser

Bayliner Cierra 24′ cruiser. 5.7 Liter Mercruiser w/ Bravo 3 outdrive (twin prop). Looks and runs like new, good on gas.

Too many options to list. Includes tandem wheel trailer, Garmin 182GPS chartplotter and many extras.

Sleeps 4 comfortably, holds up to 12 people. (Brand new cost 60K w/out trailer). Have a like new boat for half the price !

Just needs to be cleaned for launch.Coast guard pack, Bravo III w/ 300hp Merc, 2 axle trailer.

Must sell, just had a baby. Call Brad @ (401) 258-6580.Sister ship photos shown.

Power Boat in Somerset, Massachusetts – 2003, Bayliner, 245 Ciera – Used Boats – Boat Classifieds – Buy a Boat – Sell a Boat

If this boat auction ends before you get to review. Here is where to go to get the BEST deals and prices on seized boats and repo boats at Boat Auctions

28 ft Bayliner 1986 – Price: $14,000.00 Cdn.

1986 Bayliner 28 ft. Sleeps six, fridge, stove, bathroom/shower. hot water. 350cc Volvo Penta out drive.

Can be seen in the water docked at CFB Trenton Yacht Club. 613-392-7475 ask for Jim or Carol. email jameswilson95@hotmail.com

28 ft Bayliner 1986 – Toronto Boats For Sale – Kijiji Toronto

If this boat auction ends before you get to review. Here is where to go to get the BEST deals and prices on seized boats and repo boats at Boat Auctions