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Used boat prices #13526506 04/20/20 04:35 PM
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What's this situation that we're in going to do with used boat prices in the coming months?

Re: Used boat prices [Re: mikryl] #13526507 04/20/20 04:36 PM
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I'd guess lower them


If God is your co-pilot then change seats



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Re: Used boat prices [Re: mikryl] #13526510 04/20/20 04:38 PM
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They will not be lower....just will not have as many buyers. If anything we better prepare for inflation.

Re: Used boat prices [Re: mikryl] #13526511 04/20/20 04:40 PM
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Boat Mfg plants are shut down. Zero production for new boats. Keep your powder dry and look for cheap used boats flooding the markets from those losing jobs. They will want pay-off for the note but you might be able to work a deal. Because of no new boats I think used boats will hold value except for layoff "fire" sales where they are not underwater on the loan.


Never seems to be enough time to do the things you want to do once you find them....
Re: Used boat prices [Re: Mark Perry] #13526512 04/20/20 04:40 PM
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I've been wanting to buy used but now i don/t know. Might want to hold on to what funds i have.

Re: Used boat prices [Re: mikryl] #13526516 04/20/20 04:44 PM
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I had been looking for a Bass Cat maybe 2012 to 2017, been looking on BBC.impact fishing and BC website. Are there any others?

Re: Used boat prices [Re: mikryl] #13526518 04/20/20 04:46 PM
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Probably a great time to make a cash offer of jonboats, or bassbuster type boats. Even kayaks and the like. Basically anything that wouldn't necessarily be financed.


Re: Used boat prices [Re: John175☮] #13526523 04/20/20 04:49 PM
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Originally Posted by John175☮
Boat Mfg plants are shut down. Zero production for new boats. Keep your powder dry and look for cheap used boats flooding the markets from those losing jobs. They will want pay-off for the note but you might be able to work a deal. Because of no new boats I think used boats will hold value except for layoff "fire" sales where they are not underwater on the loan.


thumb

Re: Used boat prices [Re: mikryl] #13526738 04/20/20 06:58 PM
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Originally Posted by mikryl
I had been looking for a Bass Cat maybe 2012 to 2017, been looking on BBC.impact fishing and BC website. Are there any others?

That 2013 Cougar on the Boats For Sale tab looks good.

Re: Used boat prices [Re: mikryl] #13526746 04/20/20 07:03 PM
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I've been looking hoping I can find something someone needed to unload for a good deal. Haven't seen much of anything that catch's my eye and really haven't notice
a change in pricing. Craigslist seems to have a ton of scammers posting boats on there now.

Re: Used boat prices [Re: mikryl] #13526823 04/20/20 08:15 PM
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Originally Posted by mikryl
I had been looking for a Bass Cat maybe 2012 to 2017, been looking on BBC.impact fishing and BC website. Are there any others?



Basscat facebook group has several

Re: Used boat prices [Re: mikryl] #13526828 04/20/20 08:22 PM
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I’ve been looking at golf carts for about three weeks or so and I was thinking I would be able to find someone wanting to get out of a nice somewhat modded cart at a very nice price from someone wanting some cash-
It hasn’t happened yet and two cart dealerships I’ve visited are saying sales on their new and used carts are better than before the virus-

Re: Used boat prices [Re: mikryl] #13526829 04/20/20 08:24 PM
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Originally Posted by mikryl
What's this situation that we're in going to do with used boat prices in the coming months?

I think fewer people will be shopping for a boat for a while, so prices will slump. Why? Economic uncertainty. While there are fewer new boats available due to shut-downs, there are a LOT of people who may not be so confident of their own economic future for a while. They aren't going to be making a move to buy ANY boat - new or used. Boats are a luxury item unless you make your living with it. When the economy is down, or uncertain/disturbed, most people are far less willing to go into debt, or spend assets they have in cash. They don't want to find themselves unable to make payments, or to lose the equity they've built in an item. Look how home sales slump when the economy is off; wouldn't you think it would effect boats just as much if not more? You have to live somewhere, but you sure don't HAVE to have a boat.

Separate from, but in addition to, the pandemic, Texas in particular is directly impacted by oil trade war moves ongoing. Fewer paychecks in the region means fewer buyers, and more boats for sale by those who's paycheck stopped.

Re: Used boat prices [Re: mikryl] #13526867 04/20/20 08:44 PM
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I will lay odds that the banks/credit unions and finance cos. are granting grace periods on payments on boats and rvs etc.

they can't afford a ton of repos and do not want them to begin with.

used will hold steady or increase a little due to demand, it is that time of year and from what I have seen on fork lately, usage is not a problem.


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Re: Used boat prices [Re: mikryl] #13526871 04/20/20 08:47 PM
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cal worthington (the original tiger king) would have already had an ad out for "1,200.00 down" and 299.99 a month if he sold boats.

just sayin.



roflmao


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