The Luxury Repo Man


If the wealthy get over-extended, then there are firms such as the International Recovery Group which will repossess jets, yachts, helicopters, boats, racehorses, planes, and recreational vehicles. The repo men for the rich and famous are doing a booming business these days.

Comments

Anonymous said…
http://www.carauctionstoplists.com/repo-boats/


repo boatsThere are differences between

government-run auctions; police impound auction and

a repo boat auction. In other manner the auctions

which are held by the government, use the boats

which are received by them from the agencies like

IRS, DEA, the FBI, and Homeland Security etc
April 19, 2010 at 4:08 AM
car auctions said…
Nice blog and i totally agree with you with your views.Thanks for sharing this information.

repo boats
June 15, 2010 at 3:09 AM
Mark Brown said…
True enough, repossessing luxury vessels like yachts is quite common today. They place the boat on auction and sell it to the highest bidder. The successful bidder then brings home the boat. If it was a foreign acquisition, the bidder contacts a good yacht transporter who can bring it to his home location.

Interesting piece of information. Thanks!
July 20, 2010 at 12:29 AM
Jan Cardinal said…
This is not going to change anytime soon either.

The impacts of our most recent recession run deep and the ripple effect will continue to hit the financial beaches for years to come.

There are many over extended toy owners out there that will be losing their toys in the near future and this will provide tremendous opportunity for value for those with money in a market where there is still lots of resale supply
March 31, 2011 at 5:24 AM
Post a Comment

Popular posts from this blog

Top 10 Private Islands

Image
Tips for buying a private island: 1. Make sure you actually visit the island, don't just be an armchair buyer. 2. If possible, rent the island for a week or two, so that you find out what island living is really about. 3. Check out accessibility. How difficult or easy is it to get to the island? How close can you get your yacht to the island? 4. Find out if there are governmental restrictions on buying or building on the island, especially if you are a foreigner. 5. How far do you have to go to get provisions? 6. Determine what communications capabilities you have. Cellphone service? Satellite? Here are ten islands worth checking out: Great Hans Lollik and Little Hans Lollik Islands, $45,000,000, over 500 acres, off of St. Thomas,Virgin Islands, part of the United States. Offered by Vladi Private Islands . Unnamed Bora Bora island, $40,000,000, in the French Polynesia. Offered by Coldwell Banker Morrisons Private Islands . Cerralvo Island, 35,000,000, approximately 35,000 acres, of...
Read more

BillionairesLife.com 2020 Christmas Gift List

Image
 You have a few days left to do your gift shopping. Here is a list of gifts for the billionaire who has everything. Buy them now before they are gone. Submarine Sports Car How would you like to drive a zero emissions vehicle that you can drive on land or underwater, offered by  Hammacher Schlemmer .  Price: $2,000,000 Hammacher Schlemmer 007 Aston Martin DBS Superleggera Designed by Daniel Craig This blue Aston Martin automobile has a powerful twin-turbo 5.2-liter V12 engine, and is being offered by  Neiman Marcus . The famous 007, Daniel Craig, custom designed the car. Oh yeah; they will throw in an Omega limited edition platinum watch as part of the deal. Price: $700,007 Neiman Marcus A  Home for  Half a Billion Dollars If you are looking to move up to a larger house, The One should make the perfect home. This 100,000 square foot home in Bel Air, California has four swimming pools, a bowling alley, and a nightclub. For more info about this one of a k...
Read more

BillionairesLife.com 2019 Christmas Gift List

Image
You have a couple weeks left to do your gift shopping. Here is a list of gifts for the billionaire who has everything. Buy them now before they are gone. 007 Aston Martin DBS Superleggera Designed by Daniel Craig This blue Aston Martin automobile has a powerful twin-turbo 5.2-liter V12 engine, and is being offered by Neiman Marcus . The famous 007, Daniel Craig, custom designed the car. Oh yeah; they will throw in an Omega limited edition platinum watch as part of the deal, and of course two free tickets to the latest James Bond movie. Price: $700,007 Neiman Marcus Submarine Sports Car How would you like to drive a zero emissions vehicle that you and drive on land or underwater. This car is offered by Hammacher Schlemmer . Price: $2,000,000 Hammacher Schlemmer Amoro 18k White Gold Colombian Emerald and Diamond Ring  For the special woman in your life, a perfect gift would be an  Amoro 18k White Gold Colombian Emerald and Diamond Ring ...
Read more