Iron Horse Auction Company was chosen to conduct a $5 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.
North Point Watersports, one of the largest boat dealers on Lake Norman, has decided to liquidate its excess new boat inventory, according to a released statement.
"This is a rare opportunity to purchase a new boat with a manufacturer's warranty at below dealer cost," said Sonny Weeks, of Iron Horse Auction Co., in a statement. "This should prove to be the best boat-buying opportunity of the year."
Some boats will be sold regardless of price and others with reserves. Ski supplies will also be sold in conjunction with the boats.
The auction will be held at noon June 27 at North Point Watersports. The auction will also be broadcast live on Proxibid.com.
Buyers can view the boats from 11 a.m. to 7 p.m. June 19, 20 and 26 and from 10 a.m. to noon the morning of the auction.
Click here for information, or call (800) 997-2248.