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We bought a used jet ski, pretty cheap for the year, $3000.00. Though it ran at the time, within a short period of time, it did not run. We actually used it twice before it sank. We ended up selling it for parts for $300.00, but the person we sold it to, never paid us.
So the lesson learned was, if your buying it alot less then resale value, there probably is a reason. If your selling it, make sure and get the cash.