Skip to main content

North Carolina boat auction set for this weekend

Iron Horse Auction Company is conducting a $3 million inventory reduction auction for North Point Watersports of Mooresville, N.C.

North Point Watersports sells MasterCraft Ski Boats, Manitou Pontoons, Rinker and Formula Yachts.

The dealership held a similar auction last year that was successful, and this year will be selling new, non-current, as well as used inventory and leftover equipment, Tanner Frazier, manager of the dealership's parts department, told Soundings Trade Only this morning.

"We know we will lose money," he said. "But it's well worth it to get them off the floorplan to get our slate more clean for the upcoming season."

The new, non-currents are mostly 2009s and a few 2008s, he said. The used boats are mostly 2008s and 2007s, with a few 2006s.

"This is a rare opportunity to purchase a new boat with a manufacturer's warranty below the dealer cost," said Sonny Weeks, of Iron Horse Auction Company, in a statement. "This should prove to be the best boat-buying opportunity of the year."

All boats will be sold regardless of price. Ski supplies will also be sold in conjunction with the boats.

The auction will be held at 11 a.m. Saturday on site at North Point Watersports. The auction will also be broadcast live on Proxibid.com/ironhorse.

Related

1_COX

Cox Expands Partnership with Gulf Yachts

The diesel outboard manufacturer said the agreement adds Bahrain and the UAE to Gulf’s territories in Qatar, Oman, Kuwait and Lebanon.

1_EVOY

Evoy Announces New Round of Capital

The Norwegian electric inboard and outboard manufacturer said it will use the funds to further develop its propulsion systems.

1_NEWPORTPRODUCTS

Newport Show Accepting Applications for Product Awards

The Newport for New Products program recognizes new boats, gear and more based on design, innovation and value to the consumer.

1_FREEDOMWISC

Freedom Boat Club Expands in Wisconsin

Parent Brunswick Corp. said it will open five new locations for this year’s boating season.

1_HEESE_TRIGG

ABC 2022: That’s a Wrap

The American Boating Congress concluded Friday with an award presentation, discussions with representatives, a midterm election report from political analyst Charlie Cook, and a panel discussion about electrification.

1_GODFREYELKHART

Godfrey Breaks Ground on Expansion

The company said the additional manufacturing and warehouse space in Elkhart, Ind., will enable an increase in production.

1_HIGHFIELD

Highfield USA Hires New President

The RIB builder said Christophe Lavigne will help develop the brand and operations in North America.