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Have you ever thought of bidding on a bass boat at auction or a dealer short sale? Some of the best deals are put up on the auction block at boat auctions. If you will attend a repo boat auction event it’s common to obtain a boat for significantly less of its value as compared to what you would normally pay at your local dealers. I regularly get a lot of questions about what specific repo boats are liquidated at boat auctions and if it is true to get savings to up to 80% or more. Don’t expect a great vessel for 95% off as most boats up for auction have already been fixed up for re-sale. Auction houses need to liquidate their inventory at top dollar to satisfy their clients and make their company profitable as well. Having said that don’t get excited about ‘low ball’ bids. I propose exploring other boats or assets in that city or region which is similar to what you’re interested in before putting in a bid. A really low offer or bid on a no-reserve boat auction would allow an opportunity for other bidders to outbid you. Some critical considerations to consider should you be the highest bidder are sales tax, title work, and transportation expenses. Surprisingly, some bargain hunters are a little upset with upfront fees…but don’t let that upset you at all. Some of the minor mandates you think about before you start are the initial fees. Never get upset if you’re asked to submit an initial payment and application prior to bidding. Most boat auction houses require the same. Bidding has a few important obligations which include submitting an administrative and application fee. It goes without saying obviously a lot more to it all than this post highlights so I would advise you to go see a couple of auctions prior to bidding. You need to get a good feel for how an auction works.