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Dec 30th, 2023
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 Boat prices???
#13251569
08/18/19 11:34 AM
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Joined: Mar 2015
Posts: 311
daman
OP
Angler
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OP
Angler
Joined: Mar 2015
Posts: 311 |
Bee looking at new bass boats .. They sure are high can’t imagine financing a boat for 20 years at 9 percent how many people with all these new boats are upside down in them..looks better to buy used I guess...
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Re: Boat prices???
[Re: daman]
#13251588
08/18/19 12:09 PM
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Joined: May 2007
Posts: 40,371
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 40,371 |
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Re: Boat prices???
[Re: daman]
#13251589
08/18/19 12:15 PM
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Joined: May 2014
Posts: 7,737
GIG'EM AGGIES
TFF Celebrity
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TFF Celebrity
Joined: May 2014
Posts: 7,737 |
Do this. Use $75,000 as a base price for a new bass boat ( that's actually on the low side ) financed at 9% ( that's low too ) for 20 years and see what that boat actually cost. HOLY MOLY KINGFISH. If you win the lottery go for it otherwise the smart deal is a used and there's lots of them to choose from.
I am a Senager. (Senior teenager) I have everything that I wanted as a teenager, only 50 years later. I get an allowance every month. I have PU truck and a bass boat, I am blessed.
Conscience never acquits, it either accuses or excuses.
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Re: Boat prices???
[Re: daman]
#13251596
08/18/19 12:37 PM
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Joined: Sep 2006
Posts: 12,447
JIM SR.
TFF Guru
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TFF Guru
Joined: Sep 2006
Posts: 12,447 |
save your money, pay cash. 
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Re: Boat prices???
[Re: daman]
#13251598
08/18/19 12:39 PM
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Joined: Mar 2015
Posts: 311
daman
OP
Angler
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OP
Angler
Joined: Mar 2015
Posts: 311 |
I just don’t get it 75000 is a lot of money financed at 20 years even if you double up your payments...If you pay it off in 10 years that boat is still worth say 25000 to 30000 that’s a lot of wasted money...
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Re: Boat prices???
[Re: daman]
#13251617
08/18/19 01:01 PM
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Joined: Apr 2011
Posts: 927
JWRid
Pro Angler
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Pro Angler
Joined: Apr 2011
Posts: 927 |
OK, so the new mid engine Corvette was just introduced. The car is nicely equipped with electronics controlling adn showing almost everything, electronics on a bass boat controls and shows a few things, fiberglass body on the Vette, fiberglass bass boat; BIG horsepower technologically advanced V8 engine in the Vette, smaller horse power V8 or V6 hanging off the back end of the bass boat; and the base price of the Vette will be $59,995.00 while the base price of a modestly equipped 20-21 foot fiberglass bass boat, $75,000. Is there really $15,000 more value in a bass boat than a new Corvette? I
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Re: Boat prices???
[Re: JWRid]
#13251640
08/18/19 01:35 PM
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Joined: Mar 2015
Posts: 311
daman
OP
Angler
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OP
Angler
Joined: Mar 2015
Posts: 311 |
OK, so the new mid engine Corvette was just introduced. The car is nicely equipped with electronics controlling adn showing almost everything, electronics on a bass boat controls and shows a few things, fiberglass body on the Vette, fiberglass bass boat; BIG horsepower technologically advanced V8 engine in the Vette, smaller horse power V8 or V6 hanging off the back end of the bass boat; and the base price of the Vette will be $59,995.00 while the base price of a modestly equipped 20-21 foot fiberglass bass boat, $75,000. Is there really $15,000 more value in a bass boat than a new Corvette? I And at least with the vehicle you use it to go work and make money..I doubt most of us are going to make any money with a boat
Last edited by daman; 08/18/19 01:38 PM. Reason: Spell
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Re: Boat prices???
[Re: GIG'EM AGGIES]
#13251647
08/18/19 01:51 PM
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Joined: May 2014
Posts: 7,737
GIG'EM AGGIES
TFF Celebrity
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TFF Celebrity
Joined: May 2014
Posts: 7,737 |
Do this. Use $75,000 as a base price for a new bass boat ( that's actually on the low side ) financed at 9% ( that's low too ) for 20 years and see what that boat actually cost. HOLY MOLY KINGFISH. If you win the lottery go for it otherwise the smart deal is a used and there's lots of them to choose from. In case you haven't taken the time to calculate here's the answer : Monthly Payment $674.79 Total Interest Paid $86,950.67 Total Paid $161,950.67 Still wanna buy a new bass boat? And Jim Sr. I might be wrong but I doubt very few TFF'ers have $75,000 + tax, title and license to pay cash.
I am a Senager. (Senior teenager) I have everything that I wanted as a teenager, only 50 years later. I get an allowance every month. I have PU truck and a bass boat, I am blessed.
Conscience never acquits, it either accuses or excuses.
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Re: Boat prices???
[Re: daman]
#13251649
08/18/19 01:54 PM
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Joined: Mar 2010
Posts: 25,802
T Bird
TFF Guru
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TFF Guru
Joined: Mar 2010
Posts: 25,802 |
Bass boat prices are absolutely stupid. Free market supply/demand system working overtime. 
Okie by birth, Texan by choice. ![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2021/01/full-47849-80883-111.jpg) USAF "Thunderbirds" Alumni 1985-1989
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Re: Boat prices???
[Re: daman]
#13251713
08/18/19 02:47 PM
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Joined: Feb 2004
Posts: 28,418
Okie Poke
TFF Guru
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TFF Guru
Joined: Feb 2004
Posts: 28,418 |
Only a person with less sense than the average Joe would buy new and do the financing that you've mentioned....
😎 Dallas Cowboys....eventual Superbowl Champions 😎
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Re: Boat prices???
[Re: GIG'EM AGGIES]
#13251749
08/18/19 03:14 PM
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Joined: Jan 2004
Posts: 16,859
ezbassin
TFF Guru
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TFF Guru
Joined: Jan 2004
Posts: 16,859 |
Do this. Use $75,000 as a base price for a new bass boat ( that's actually on the low side ) financed at 9% ( that's low too ) for 20 years and see what that boat actually cost. HOLY MOLY KINGFISH. If you win the lottery go for it otherwise the smart deal is a used and there's lots of them to choose from. In case you haven't taken the time to calculate here's the answer : Monthly Payment $674.79 Total Interest Paid $86,950.67 Total Paid $161,950.67 Still wanna buy a new bass boat? And Jim Sr. I might be wrong but I doubt very few TFF'ers have $75,000 + tax, title and license to pay cash. WOW I still have my 2004 BassCat Cougar that I paid $29,000 cash for back in 2005. I thought that was a lot for a boat back then. Prices have gone through the roof for boats, electronics, and trolling motors.
Last edited by ezbassin; 08/18/19 03:15 PM.
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Re: Boat prices???
[Re: daman]
#13251761
08/18/19 03:30 PM
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Joined: Jun 2016
Posts: 1,514
i-Fish
Extreme Angler
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Extreme Angler
Joined: Jun 2016
Posts: 1,514 |
Says the guy financing the house for 15-30 years paying at the very least 80k in interest on said house. But let’s put guys on blast for paying interest on what is essentially a boat rental for a few years. Makes sense.
If you can't find em wind em.
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Re: Boat prices???
[Re: i-Fish]
#13251769
08/18/19 03:40 PM
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Joined: Feb 2011
Posts: 27,403
Der Vorsteher
TFF Guru
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TFF Guru
Joined: Feb 2011
Posts: 27,403 |
Says the guy financing the house for 15-30 years paying at the very least 80k in interest on said house. But let’s put guys on blast for paying interest on what is essentially a boat rental for a few years. Makes sense. That is a dumb comparison, house is a need, a boat is not. Houses usually appreciate. I had e bought 4 homes in my life, sold 3 of them. House #1: paid 175,000 sold for 300,000 House #2: paid 75,000 sold for 100,000 House #3: paid 95,000 sold for 130,000 Boat #1: paid 10,000 for put about 6,000 in it on upgrades, sold for 12,000-loss Boat #2: paid 10,000 for and put around 7,000 in upgrades. Will lose money on it. Biggest problem with new boat prices is it has increased price of used boats.
Team Wolfs
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Re: Boat prices???
[Re: daman]
#13251775
08/18/19 03:46 PM
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Joined: May 2014
Posts: 7,737
GIG'EM AGGIES
TFF Celebrity
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TFF Celebrity
Joined: May 2014
Posts: 7,737 |
Anyone comparing buying a bass boat to buying a home probably bought a new bass boat and is trying to make an excuse for it. Forest Gump had it right.
I am a Senager. (Senior teenager) I have everything that I wanted as a teenager, only 50 years later. I get an allowance every month. I have PU truck and a bass boat, I am blessed.
Conscience never acquits, it either accuses or excuses.
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Re: Boat prices???
[Re: daman]
#13251785
08/18/19 03:58 PM
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Joined: Dec 2011
Posts: 8,541
Oldrabbit
TFF Celebrity
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TFF Celebrity
Joined: Dec 2011
Posts: 8,541 |
Every time I look at new boat prices it makes my 2003 Champion 188 CDX look so much better. Bought it used for $15,000 many years ago and will fish out of it till I can no longer fish or it won't float.
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