There are many of repo boats available at any time. There is not a specific time that is better than others to buy a repo boat.
Getting a boat that has been repossossed is a great way to save money. Ebay.com has auctions of a lot of repossossed boats available.
www.yachtauctions.com offers a weekly online bidding system. www.repoboatsdirect.com has an inventory that includes new, used and repo boats with fixed prices and financing available.
www.yachtauctions.com is a great resource for repo boats. You may also want to try www.repoboatsdirect.com
Getting a boat that has been repossessed is a good idea if you are looking to save some money. You can try EBay, or http://www.boatboss.com/?search=Bank+Repo&all_locations=yes&catid=-999&view=ads to find repo boats for sale.
Most companies that have loans on boats will hire private businesses or individuals to go out and repo the boat that is passed do. One company that repos boats is Marine Lenders Service.
A friend of mine used yachtauctions.com, a national boat and yacht liquidating company to sell his boat. They offer a weekly sealed bidding system the ends on Mondays at 4pm Eastern time, and they have close to 300 boats available to bid on. Good luck!
I was surprised at how many websites there were for buying repo boats. Try yachtauctions.com, repoboatsdirect.com, or boatboss.com. And, as always, you can always find local sellers on craigslist.org, especially if you live in a metro area.
Repossessed boats may tend to be cheaper than those boat at normal retail price. However, there are some concerns that go into buying a previously owned boat, and you should do your due diligence before making a purchase.
There are many places you can look online for repossessed boats. You probably want to limit your search by your area, but an example is www.yachtauctions.com.
Only about 10% of the 390,000 bank repo homes available were on the market in 2012 so the market would not be flooded. Therefore only about 39,000 repo homes were available in 2012 even though there were in reality another 90% available.
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