| If you are in the market for a boat, then now is | | | | inventory. |
| most definitely the time to buy. There are many | | | | 3. Seizures: There are hundreds of boats seized |
| people that are selling their boats in an effort to | | | | each year by federal, state, and local |
| make ends meet in the current economy. While | | | | governments. After a certain period of time, |
| unfortunate for some, many others are taking | | | | these vehicles are sold at auction to the highest |
| advantage of the cheap boats for sale. | | | | bidder. |
| While you can always check the classified ads, | | | | How the Auctions Work |
| Craigslist, or even eBay, there's a much better | | | | These auctions work the very same way as any |
| source for boats. It's the government auction and | | | | other auction. The highest bidder gets the boat. |
| here's how it works. | | | | You must arrange for transportation and you will |
| How the Government Gets the Boats | | | | need to pay any applicable taxes. Once this is |
| The government has many cheap boats for sale | | | | done, you have just found a cheap boat for sale! |
| and they get their inventory in a variety of ways. | | | | How to Find the Auctions |
| 1. Repossessions: Financial institutions are | | | | Many people are completely unaware that these |
| repossessing boats at the highest rate in years. | | | | auctions take place almost every day across the |
| These boats must be sold to the highest bidder in | | | | nation. However, there are websites available that |
| order for the lending company to recoup any of | | | | list these auctions, both in your local area and |
| their investments. | | | | other regions. You can have new auction listings |
| 2. Surplus: Each month, government agencies sell | | | | sent to your email, so you know almost |
| off the surplus units that are no longer needed. | | | | immediately when to plan to attend. If you are in |
| These boats are usually well maintained and the | | | | the market for cheap boats for sale, these |
| government is simply looking to get rid of excess | | | | auctions are your best source. |