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Re: Boat prices???
[Re: Happykamper]
#13252583
08/19/19 01:04 PM
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Joined: May 2007
Posts: 40,415
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 40,415 |
Lots of guys can afford a new one, they're just smart enough to buy used. I am one of the ones not smart enough to buy used, but if it were not for folks like me there would be no good used boats for the smart folks to buy. Speaking of new, has your new baby showed up yet.
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Re: Boat prices???
[Re: daman]
#13252594
08/19/19 01:15 PM
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Joined: Apr 2014
Posts: 8,382
Jpurdue
TFF Celebrity
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TFF Celebrity
Joined: Apr 2014
Posts: 8,382 |
As I recall only about 8000 fiberglass bass boats are sold across the country annually. Not a lot of guys are actually shelling out 75K for new boats.
Also, on the buy v. rent math on homes. It's far more complicated than that steeze. The math is going to very wildly by region and the particulars of an individuals circumstance. It might have worked out great for you, but those are your loto numbers. Ton's of chance in any type of investing you do. Rentals can be great, or you can pay too much for a money pit or worse yet bad tenants. Buying can be a much better option if you are in a high rent area and require a sizable home (kids etc...) especially given where interest rates are right now. There is no universal answer, it just depends.
"Bragging may not bring happiness, but no man having caught a large fish goes home through an alley." -A.L. www.LunkerLore.com
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Re: Boat prices???
[Re: WAWI]
#13252624
08/19/19 01:38 PM
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Joined: Jan 2007
Posts: 14,636
Happykamper
TFF Guru
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TFF Guru
Joined: Jan 2007
Posts: 14,636 |
Lots of guys can afford a new one, they're just smart enough to buy used. I am one of the ones not smart enough to buy used, but if it were not for folks like me there would be no good used boats for the smart folks to buy. Speaking of new, has your new baby showed up yet. No, I think they pulled it out of the mold last week, probably be 3-4 weeks, too damn hot to fish anyway.
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Re: Boat prices???
[Re: JWRid]
#13252729
08/19/19 03:28 PM
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Joined: Aug 2001
Posts: 11,614
Razorback
TFF Guru
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TFF Guru
Joined: Aug 2001
Posts: 11,614 |
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 Maybe we need to start high school Corvette driving tournaments so we can market really expensive big boy toys to teenagers. That ought to help drive up the price. Dads all over Texas will be buying Vettes for themselves so they can take their kids out, or maybe just for the kids themselves. What forward thinking manufacturer wouldn't sponsor that?
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Re: Boat prices???
[Re: tmd11111]
#13252730
08/19/19 03:29 PM
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Joined: Aug 2004
Posts: 2,714
Bass Buster1
Extreme Angler
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Extreme Angler
Joined: Aug 2004
Posts: 2,714 |
There's going to be some pissed off creditors when I die....... Or family members... Currently trying to work through all of my Mother in Laws debts, it is not fun!
See you on the lake and have a great day!
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Re: Boat prices???
[Re: Bass Buster1]
#13252738
08/19/19 03:44 PM
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Joined: Apr 2017
Posts: 12,178
tmd11111
TFF Guru
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TFF Guru
Joined: Apr 2017
Posts: 12,178 |
There's going to be some pissed off creditors when I die....... Or family members... Currently trying to work through all of my Mother in Laws debts, it is not fun! It was sarcasm
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Re: Boat prices???
[Re: SteezMacQueen]
#13252995
08/19/19 07:35 PM
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Joined: Feb 2008
Posts: 1,292
J.H.S.
Extreme Angler
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Extreme Angler
Joined: Feb 2008
Posts: 1,292 |
So. With boat prices too high, what is a reasonable way to bring down the prices?
It isn’t just bass boats that are sky high. It’s every kind of boat. Why does the boating industry have such a grip on our wallets? Even replacement parts are crazy for the cheap quality of whatcha get! It’s nuts.
Because the industry is playing off the fisherman's ego (and yes it is a real thing). Alot of younger kids have grown up thinking they have to look a certain way and act a certain way. They are playing off the "you can't catch fish unless you have _____". As long as people keep selling the farm, prices will continue to rise.
Live Daringly, Boldy, and Fearlessly....Embrace the Challenge So That You May Feel the Exhiliration of Victory.
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Re: Boat prices???
[Re: daman]
#13254300
08/20/19 08:32 PM
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Joined: Jan 2019
Posts: 9
Randy Hudgins
Green Horn
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Green Horn
Joined: Jan 2019
Posts: 9 |
I bought my last new boat about 9 years ago. I can't afford to do it again. This one will have to last till I die.
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Re: Boat prices???
[Re: daman]
#13254328
08/20/19 09:05 PM
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Joined: Jul 2013
Posts: 5,900
Bissett
TFF Celebrity
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TFF Celebrity
Joined: Jul 2013
Posts: 5,900 |
Just depends on what you can afford. And then think about how much more money we all spend on fishing aside form a boat.. Not many people making more money than what's being spent fishing lol
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Re: Boat prices???
[Re: Randy Hudgins]
#13254336
08/20/19 09:17 PM
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Joined: Jul 2013
Posts: 6,700
Brent S
TFF Celebrity
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TFF Celebrity
Joined: Jul 2013
Posts: 6,700 |
I bought my last new boat about 9 years ago. I can't afford to do it again. This one will have to last till I die.
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Re: Boat prices???
[Re: Brent S]
#13254647
08/21/19 01:23 AM
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Joined: Jan 2007
Posts: 14,636
Happykamper
TFF Guru
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TFF Guru
Joined: Jan 2007
Posts: 14,636 |
A guy could just live on eggs, taters, beans, bread, and water, no steaks or shrimp, no going out to eat, no beer, none of the good stuff is necessary, then you have us dumb guys, we like new boats, new trucks, steak, lobster, lots of beer.
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Re: Boat prices???
[Re: Randy Hudgins]
#13254649
08/21/19 01:24 AM
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Joined: Mar 2012
Posts: 11,008
BigDozer66
TFF Guru
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TFF Guru
Joined: Mar 2012
Posts: 11,008 |
2016 Ranger RT188 Charcoal Metallic Dual Console 2017 Yamaha 115 VMAX SHO (VF115LA) SS Prop Minn Kota Ultrex i-Pilot Link 45" 80 lb. Humminbird Helix 10 Mega SI BalZout Console Humminbird Helix 10 Mega SI BBT Bow Mount Trick Step
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Re: Boat prices???
[Re: SteezMacQueen]
#13254941
08/21/19 12:33 PM
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Joined: Mar 2016
Posts: 166
BassKarma
Outdoorsman
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Outdoorsman
Joined: Mar 2016
Posts: 166 |
Give me 44k to invest and I’d more than quadruple that amount in 10 years. $200k. Not 32 years. You lost $400,000....almost half a MILLION dollars.... by tying up that money for 32 years.
Think about what that house COST you for 30 years of paying on it. Yeh. It’s paid for. No small feat for sure. But, so is all the interest, and 30 years worth of upkeep. You’re probably really on the good side about $50k. Maybe. Likely much less. If you’d have bought it, immediately put it up for rent, bought another, one year later put it up for rent, rinse repeat, for 32 years!!!! Oh my!!! You’d own a fleet of paid for in cash Vexus boats and have so much income you’d be inviting Johnny Morris to take a back seat on Saturday.
[/quote]
No sir! You can't quadruple money for folks in 10 years. Come on . Your telling us that you are able to do what the greatest hedge fund managers in history have been unable to do. You are telling us that you are 3 to 4 times better then Warren Buffet! Money doubles every 10 years at 7.2%. So you are promising us double digits returns for 10 years? If that were the case you would not be on the forum. You would have a line of the wealthiest individuals on the planet waiting to do business with you.
Last edited by BassKarma; 08/21/19 12:33 PM.
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Re: Boat prices???
[Re: daman]
#13254998
08/21/19 01:22 PM
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Joined: Apr 2010
Posts: 26,161
patriot07
TFF Guru
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TFF Guru
Joined: Apr 2010
Posts: 26,161 |
Boat is a keep and hold item. Bought my 1997 Triton new in 1997 for $13k. Still runs just as good now as it does then. Has a better TM and better graphs, but anyone buying a new boat loses more in the first 12 months than I've lost in 22 years of owning the Triton.
Life can only be understood backwards; but it must be lived forwards. - Soren Kierkegaard
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Re: Boat prices???
[Re: daman]
#13255075
08/21/19 02:15 PM
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Joined: May 2009
Posts: 8,735
Barrett
TFF Celebrity
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TFF Celebrity
Joined: May 2009
Posts: 8,735 |
I am lost lol. Only on the tff can you be convinced by someone that buying a house is a bad investment and you should rent
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