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Re: Boat Prices [Re: Douglas J] #14077314 07/29/21 06:16 PM
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tmd11111 Online Content
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Originally Posted by Douglas J
Originally Posted by tmd11111
If we have a recession like we did back in 08-09’ then there will be a glut of used boats and prices will crash. New bot prices won’t drop but will stabilize and a few manufacturers will go belly up. Till then you’re gonna have to pay to play.


A lot of the Rona boats will hit the market soon. Bonus bucks are gone now


Problem is all the ones on a 15-20 year note will be so upside down that they wont be able to sell and the bank repo's will be stripped and trashed

Moritz Chevrolet - 9101 Camp Bowie W Blvd, Fort Worth, TX - Monte Coon (817) 696-2003
Re: Boat Prices [Re: Monty Wright] #14077345 07/29/21 06:33 PM
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Very true! I've always had it in my head if I can't put 50% cash down then I have no business buying it. Boats are a toy, and they are always first to go. I wouldn't mind seeing a correction. Home prices, car prices, etc... are getting out of hand. They all definitely need a reset. Markets are crazy right now, and have been.

Re: Boat Prices [Re: tmd11111] #14077349 07/29/21 06:35 PM
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Douglas J Offline
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Originally Posted by tmd11111
Originally Posted by Douglas J
Originally Posted by tmd11111
If we have a recession like we did back in 08-09’ then there will be a glut of used boats and prices will crash. New bot prices won’t drop but will stabilize and a few manufacturers will go belly up. Till then you’re gonna have to pay to play.


A lot of the Rona boats will hit the market soon. Bonus bucks are gone now


Problem is all the ones on a 15-20 year note will be so upside down that they wont be able to sell and the bank repo's will be stripped and trashed


You can always find good repos, they are out there. At the end of the day an upside down boat sitting on a lot is worth nothing to a lender. A sold repo at 50-75% of value is money in their pocket.


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Re: Boat Prices [Re: Monty Wright] #14077381 07/29/21 06:53 PM
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With the market as crazy as it is and I've been itching to go back to a bass boat so I put my rig up for sale on here for a reasonable price and sold it in a few days. Thought I'd be without a boat for a while with the pricing people are asking. Then within a few days stumbled on a deal I couldn't pass up on a boat listed on this site as well. I'll be the first to admit I got lucky

Re: Boat Prices [Re: Douglas J] #14077400 07/29/21 07:08 PM
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Originally Posted by Douglas J
Originally Posted by tmd11111
If we have a recession like we did back in 08-09’ then there will be a glut of used boats and prices will crash. New bot prices won’t drop but will stabilize and a few manufacturers will go belly up. Till then you’re gonna have to pay to play.


A lot of the Rona boats will hit the market soon. Bonus bucks are gone now


I heard "They" are suing the States to make them start paying the $300 extra a week again! splat


2016 Ranger RT188 Charcoal Metallic Dual Console
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Re: Boat Prices [Re: Monty Wright] #14077413 07/29/21 07:22 PM
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Buddy of mine bought that exact same boat color and motor last year. 2005 model with less tha less than 300 hrs. He gave 29000 for it. Looks like brand new

Re: Boat Prices [Re: Monty Wright] #14077416 07/29/21 07:27 PM
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I was looking to get a sub-compact tractor with a FEL and a belly mower. Looked at 2000 BX2200 with over 1000 hours but looked well taken care of. They wanted what it sold for new in 2000. It sold before I could get back up there after doing some research. Ended up buying a new one for much more money but after that experience I'm happy about my purchase. Just explaining that everything is appears high with inflation like it is but after you do your research it doesn't appear to be.
That does seem high for that boat though.

Last edited by KYBluefan; 07/29/21 07:28 PM.
Re: Boat Prices [Re: Monty Wright] #14077424 07/29/21 07:41 PM
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TDR2 Offline
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You know the world is backwards when your lender calls and says you can pull equity out of your boat with a cashout refi...


P1
Re: Boat Prices [Re: TDR2] #14077447 07/29/21 08:03 PM
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Douglas J Offline
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Originally Posted by TDR2
You know the world is backwards when your lender calls and says you can pull equity out of your boat with a cashout refi...



I just wish I owned a check cashing joint for all them rona checks!


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Re: Boat Prices [Re: Monty Wright] #14077526 07/29/21 09:22 PM
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Not just Covid, but high school fishing has caused demand for boats that has made prices ridiculous.

Re: Boat Prices [Re: Monty Wright] #14077543 07/29/21 09:40 PM
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nellie Online Content
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This is great news, I have one to put on the market hopefully this weekend when I get all my gear cleaned out of it. Hope it sales fast, already have my other boat bought.

Re: Boat Prices [Re: nellie] #14077552 07/29/21 09:43 PM
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Originally Posted by nellie
This is great news, I have one to put on the market hopefully this weekend when I get all my gear cleaned out of it. Hope it sales fast, already have my other boat bought.

Price it high! You can always come down.


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Re: Boat Prices [Re: Monty Wright] #14077560 07/29/21 09:46 PM
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nellie Online Content
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Somebody just posted one very similar to mine today, but his is single console.
Mine is a 94 Champion 190DC, 200Hp motor, extremely clean.

Re: Boat Prices [Re: Monty Wright] #14077564 07/29/21 09:51 PM
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When the market corrects itself, and it will. People are going to have used boat loans $12k over what they are worth.


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Re: Boat Prices [Re: nellie] #14077615 07/29/21 10:52 PM
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Douglas J Offline
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Originally Posted by nellie
Somebody just posted one very similar to mine today, but his is single console.
Mine is a 94 Champion 190DC, 200Hp motor, extremely clean.



you can get what you want for a clean Champ


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