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Most Online39,925 Dec 30th, 2023
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Re: Boat Prices
[Re: Douglas J]
#14077314
07/29/21 06:16 PM
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Joined: Apr 2017
Posts: 15,327
tmd11111
TFF Guru
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TFF Guru
Joined: Apr 2017
Posts: 15,327 |
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
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Re: Boat Prices
[Re: Monty Wright]
#14077345
07/29/21 06:33 PM
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Joined: Jul 2011
Posts: 435
rickys
Angler
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Angler
Joined: Jul 2011
Posts: 435 |
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.
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Re: Boat Prices
[Re: tmd11111]
#14077349
07/29/21 06:35 PM
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Joined: Jun 2012
Posts: 21,862
Douglas J
TFF Guru
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TFF Guru
Joined: Jun 2012
Posts: 21,862 |
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.
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2024/11/full-72311-248284-f6b1190b_bbab_49d4_a1b2_6e9a1ce426f7.jpeg) #MFGA
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Re: Boat Prices
[Re: Monty Wright]
#14077381
07/29/21 06:53 PM
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Joined: Apr 2017
Posts: 15,327
tmd11111
TFF Guru
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TFF Guru
Joined: Apr 2017
Posts: 15,327 |
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
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Re: Boat Prices
[Re: Douglas J]
#14077400
07/29/21 07:08 PM
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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 |
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! 
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: Monty Wright]
#14077413
07/29/21 07:22 PM
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Joined: May 2017
Posts: 635
Kodyjoe
Pro Angler
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Pro Angler
Joined: May 2017
Posts: 635 |
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
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Re: Boat Prices
[Re: Monty Wright]
#14077416
07/29/21 07:27 PM
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Joined: Dec 2018
Posts: 176
KYBluefan
Outdoorsman
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Outdoorsman
Joined: Dec 2018
Posts: 176 |
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.
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Re: Boat Prices
[Re: Monty Wright]
#14077424
07/29/21 07:41 PM
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Joined: Jun 2008
Posts: 5,580
TDR2
TFF Celebrity
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TFF Celebrity
Joined: Jun 2008
Posts: 5,580 |
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
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Re: Boat Prices
[Re: TDR2]
#14077447
07/29/21 08:03 PM
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Joined: Jun 2012
Posts: 21,862
Douglas J
TFF Guru
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TFF Guru
Joined: Jun 2012
Posts: 21,862 |
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!
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2024/11/full-72311-248284-f6b1190b_bbab_49d4_a1b2_6e9a1ce426f7.jpeg) #MFGA
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Re: Boat Prices
[Re: Monty Wright]
#14077526
07/29/21 09:22 PM
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Joined: Aug 2001
Posts: 14,320
Razorback
TFF Guru
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TFF Guru
Joined: Aug 2001
Posts: 14,320 |
Not just Covid, but high school fishing has caused demand for boats that has made prices ridiculous.
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Re: Boat Prices
[Re: Monty Wright]
#14077543
07/29/21 09:40 PM
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Joined: May 2012
Posts: 423
nellie
Angler
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Angler
Joined: May 2012
Posts: 423 |
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.
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Re: Boat Prices
[Re: nellie]
#14077552
07/29/21 09:43 PM
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Joined: Nov 2014
Posts: 27,634
SteezMacQueen
TFF Guru
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TFF Guru
Joined: Nov 2014
Posts: 27,634 |
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.
Eat. Sleep. Fish.
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Re: Boat Prices
[Re: Monty Wright]
#14077560
07/29/21 09:46 PM
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Joined: May 2012
Posts: 423
nellie
Angler
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Angler
Joined: May 2012
Posts: 423 |
Somebody just posted one very similar to mine today, but his is single console. Mine is a 94 Champion 190DC, 200Hp motor, extremely clean.
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Re: Boat Prices
[Re: Monty Wright]
#14077564
07/29/21 09:51 PM
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Joined: Apr 2013
Posts: 1,954
cephusjoe
Extreme Angler
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Extreme Angler
Joined: Apr 2013
Posts: 1,954 |
When the market corrects itself, and it will. People are going to have used boat loans $12k over what they are worth.
Mcurtain county okie
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Re: Boat Prices
[Re: nellie]
#14077615
07/29/21 10:52 PM
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Joined: Jun 2012
Posts: 21,862
Douglas J
TFF Guru
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TFF Guru
Joined: Jun 2012
Posts: 21,862 |
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
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2024/11/full-72311-248284-f6b1190b_bbab_49d4_a1b2_6e9a1ce426f7.jpeg) #MFGA
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