Boat Auctions

Question
I'm bidding on a bank reposed boat.  Its a silent auction.  I want to come up with a bid price that satisfy the banks pricing guidelines with out overbidding.  Because its a silent auction, I don't know what other bidders are offering.  How can I submit a realistic bid?

Answer
Hi Larry...thank you for selecting the undersigned to reply to your question.

First, your question is not informative, i.e. the yr., make & model of boat, and type/size of power it has, so I'm not in a position to properly answer your question.

Secondly, avoid silent bids. In most cases, you're buying a pig in a poke and pay more than it's worth. Consult reputable boat dealers.

Safe Boating
Ron