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Most Online36,273 Jan 23rd, 2013
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The Boating Industry is CRAZY!
#13966828
04/20/21 01:25 PM
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Joined: Oct 2010
Posts: 395
RecLending.com
OP
Angler
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OP
Angler
Joined: Oct 2010
Posts: 395 |
Hope everyone is well.
For those of you that are buying and/or selling boats right now, this will not come as any surprise, but the boating world is going through the craziest time I have ever seen.
Covid (yeah there is that excuse again) coupled with many folks being forced to readjust their disposable or discretionary income, has meant a boom to the recreational world. Every manufacturer is having issues with parts and pieces. Mandated Social Distancing all the way through the supply chain and hiring being as hard as it is means delays everywhere.
If you are buying a new boat or RV, and the dealer doesn't have the unit in stock, you may have to be patient or settle for something that is in stock. Gone, for the time being anyway, is the time when someone can go into a dealership or call a dealer and contemplate a purchase for weeks, without a financial commitment. Inventory is just selling that fast. I bet we see 3 or 4 deals a week that someone's dream boat gets sold before they can finish a deal. The same goes for used boats/RV's. Here are a couple tips that may make things a bit smoother.
* Plan your purchase. Have your finances ready when you find what you want. Talk to your lender about timing and down payment. Communication saves time.
* Have a back up plan or alternatives. If you limit yourself to a brand and a model, be prepared to wait. After all for most of us, these boats or RV's are lifestyle choices.
* When you find "The One". Commit to purchasing by giving the seller a deposit. Make an offer with that deposit. Have a purchase agreement drawn. Get a receipt.
We will be happy to help anyone during this process. Whether or not you are financing or not, we can guide you through the process and help by giving you a road map of sorts to get the purchase completed.
We have a huge pool of dealers from which to draw too. So if it is a unicorn you are looking for, we may know where one is.
We hope everyone has a great season and stays safe.
Todd and Jodi Dreysse
517-294-0459 Cell
RecLending Office (517) 543-6921 Email: Info@Reclending.com Todd's Cell: 517-294-0459
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Re: The Boating Industry is CRAZY!
[Re: RecLending.com]
#13967050
04/20/21 04:21 PM
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Joined: Nov 2007
Posts: 5,308
ssmith
TFF Celebrity
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TFF Celebrity
Joined: Nov 2007
Posts: 5,308 |
if you see something that you like buy if you think too long someone else will own it.
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Re: The Boating Industry is CRAZY!
[Re: RecLending.com]
#13999301
05/16/21 10:20 AM
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Joined: Oct 2010
Posts: 395
RecLending.com
OP
Angler
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OP
Angler
Joined: Oct 2010
Posts: 395 |
We can always get you pre approved and ready to go when that time comes.
RecLending Office (517) 543-6921 Email: Info@Reclending.com Todd's Cell: 517-294-0459
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Re: The Boating Industry is CRAZY!
[Re: RecLending.com]
#14253824
01/18/22 05:37 PM
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Joined: Jan 2022
Posts: 4
Drew B
Green Horn
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Green Horn
Joined: Jan 2022
Posts: 4 |
Some folks (like me) are going to sit this one out. I'm a cash buyer, but not paying current inflated prices. The market will adjust.
The old stuff will just have to work until this market gets better. (17 year old RV and 30 year old boat). I do wonder what happens if something major breaks....
I have a friends who own RV and boat dealerships...both of them are frustrated as well. They can't find inventory to put on their lots.
Weird days...but still first world problems. Fish don't care if you have a new basscat with 250X or a canoe with a paddle.
Last edited by Drew B; 01/18/22 05:39 PM. Reason: type-o
Transplant from Tennessee Trying to learn Texoma (and other N Texas lakes)
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Re: The Boating Industry is CRAZY!
[Re: RecLending.com]
#14256191
01/20/22 03:13 PM
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Joined: May 2011
Posts: 434
redace1
Angler
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Angler
Joined: May 2011
Posts: 434 |
Solid summary and advice. Thanks
Momma always said......
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Re: The Boating Industry is CRAZY!
[Re: RecLending.com]
#14272479
02/03/22 01:59 AM
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Joined: Aug 2020
Posts: 926
z289sec
Pro Angler
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Pro Angler
Joined: Aug 2020
Posts: 926 |
I spoke to a SeaArk Pro Staff guy a couple weeks ago, he told me that SeaArk is trying to build boats that have been ordered by customers in 3 to 4 months, and they estimated it would be 2 years at the earliest, before they thought they would be back to building regular allotments for dealer inventory, on a normal basis. And that's only if the supply chain issues get resolved.
I also spoke to a couple of Lowe dealers, no orders till at least July of this year, and don't expect them delivered until first quarter of 2023. That's nuts. Not to mention a 7.5% increase straight across the board.
Last edited by z289sec; 02/03/22 02:02 AM.
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