Post by lexo on Sept 6, 2016 19:25:57 GMT
I'm wondering if anyone has any experience or expertise with boats. There are a number of loans against boats such as:
1312288338 - Endurance Boat
4945807152 - Power Boat
5818112533 - Powerboat Loan
It would be great if people could share their view on:
1. Whether they feel the valuations are reasonable; where the boat market is heading right now (affected by Brexit?:-)),
2. How difficult it would be to sell the boats in the even of default, how long it may approximately take (min-max time frame),
3. What a reasonable discount on FS valuation would be in the above mentioned sale event,
4. Any other risks investors should be aware of (insurance, loss of value etc).
All inputs will be appreciated.
1312288338 - Endurance Boat
4945807152 - Power Boat
5818112533 - Powerboat Loan
It would be great if people could share their view on:
1. Whether they feel the valuations are reasonable; where the boat market is heading right now (affected by Brexit?:-)),
2. How difficult it would be to sell the boats in the even of default, how long it may approximately take (min-max time frame),
3. What a reasonable discount on FS valuation would be in the above mentioned sale event,
4. Any other risks investors should be aware of (insurance, loss of value etc).
All inputs will be appreciated.
