Monday, January 12, 2009

Despite the Recession, Big Yachts Are Selling

"One of the highlights of this year's San Diego Boat Show should have been a luxurious, 100-foot yacht. 'But the dealer called up and said, 'Sorry, we sold it,'' says Boat Show organizer Jeff Hancock.

And that luxury yacht isn't the only one of its kind that's selling at this year's show. Hancock says high-end boats -- 45 feet or longer, going for $500,000 or more -- are finding buyers."

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