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A repossessed boat is a boat that the bank or company has taken back from you because you neglected or were unable to make payments to legally own the boat. A normal boat would be a boat that's owned by a person who's either making the payments on time or already has it paid off.
What else can I help you with?
What is the difference between a swinging cradle and a tilting boat trailer?
there is no difference
What is the difference between a kayak and an umiak?
the kayak is a covered boat and the Umiak is an open boat
What is difference between ferry or a boat?
one is a boat and one is a pixie like thing
What is the difference between a steam boat and a train?
a steam boat is on the water and a train is on railroad tracks
Why would a boat be repossessed?
Boats can be repossessed due to non-payment or maybe the boat does not meet the requirements needed to sail. I would think it would be just like a automobile as far as finance goes.
What is the difference between a raft and a boat?
One has sides and one does not
Can a cosigner have a boat voluntarily repossessed?
NOT unless the payments are delinquent and the cosingnor has POSSESSION of the boat. Call the Lender and work it out.
Is the value of repo boats worth it.?
Repossessed boats may tend to be cheaper than those boat at normal retail price. However, there are some concerns that go into buying a previously owned boat, and you should do your due diligence before making a purchase.
What is the difference between displacement and hull weight on s sail boat?
Displacement: The weight of the water the boat displaces. Hull weight: The weight of the hull of the boat
Weight difference between a 150hp mercury boat motor and a 200 hp boat motor?
I would say 50 H.P.
What is the difference between cigar boats and cigarette boats?
"Cigar boat" is a nickname for the high-speed powerboat called the Cigarette boat.
What is the difference between a Boston Whaler and a Light patrol Boat?
A Boston Whaler can not sink
