The Best 4 Repo Boat Auctions Sites for 2010
On May 21, 2010 in Recreation
The following represent the best resources to locate bank repo boats for auction within the U.S. Other smaller boat auction sources exist but these will cover them all and then some. I haven’t listed any dedicated Government auction sources since Coast Guard or police auctions rarely offer a vessel that is worth bidding on.
Having pursued bank owned boats for sale for the better part of six years, I’ve come to recognize that many times a great deal on a used boat is more gratifying than the shine and smell of a brand new factory product.
Considering the last three years as well as our current economic condition, boats and jet ski’s sold at auction will probably continue to offer as much as 30 to 40% discount versus dealer owned vessels.
Whether you’re a handy DIY type or you’re in the market to find a well conditioned repo boat for sale, the sites below are currently recognized as some of the most worth while boat auctions sources available on the internet:
Top 5 Boat Auctions Sales Sources
1. BoatAuctionsDirect.com — This website regularly updates and checks out nearly every boat auction source across the U.S. and organizes them for easy access. This site is me the most comprehensive and detailed listing boats, pwcs, rvs, atvs, and marine equipment assets as well. It’s a big time saver if you’re looking for something right now.
2. BoatAuctionsInfo.com — This web resource posts a free listing of about ten of the top boat auction houses for free. You won’t find half of what’s out there; however, it’s a good point to start.
3. YachtAuctions.com — National Liquidators is the largest boat (mostly yachts) auction house on the planet and regarded as one of the ‘go to’ sources banks and the Government rely upon to liquidate repo boats in Florida. Typically, they will have a minimum of 300-350 bank repossessed yachts in their yard.
4. GovernmentBoatauctions.org — All those “Gov’t” auction membership sites just aren’t worth it especially when they simply pull all their listings from the same 3-4 Government agency sources. You can access the same Government seized assets here for free.
These auction sources will give you a big head start. Frequenting these sites will eventually put you in the right place at the right time without wasting time sifting the search engines for days. Good luck!