[omc-boats] Fw: Careful about Gulf Coast and Florida Boats/ Motors

From: Glenn Halweg <glennhalweg@...>
Date: Fri, 28 Oct 2005 20:42:37 -0500

----- Original Message -----
From: "Jeff G" <jwgrigg@...>
Newsgroups: bigweek.mercury-inlines
Sent: Friday, October 28, 2005 8:36 AM
Subject: Careful about Gulf Coast and Florida Boats/ Motors

> Thousands of boats, motors, parts, motor homes are now showing up on
> auction sites around the country. Many of these are being sold with
> "salvage" titles from other states. I have seen $300,000 motor homes go
> for $75,000. Some auction sites are legit, The example above advertised
> the motor home had 2 feet of brackish water (read salt) in it. It was
> brand new, $25,000 in repairs and sell it for 1/3 off list a fast $100,000
> profit, but wait a year or two when the OSB rots and the electrical
> corrodes etc.
>
> Same with boats and motors. Ask questions first, a lot of questions.
> Yamaha is going to work with some of it's dealers to get salvageable
> motors running again (new units) and the dealers will sell them. Others
> will be scrapped. Problem is how would one tell if it is a motor that was
> immersed in salt water, cleaned and re-sold?
>
> Just letting you all know what is happening. Pass the word around. Be
> afraid, be very afraid!
>

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Received on Friday, 28 October 2005

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