|
Forums59
Topics1,038,972
Posts13,956,688
Members144,184
| |
Most Online39,925
Dec 30th, 2023
|
|
 Re: New Bass Boat Cost
[Re: Douglas J]
#14150485
10/04/21 07:39 PM
|
Joined: May 2010
Posts: 1,217
Classic Fiberglass
Extreme Angler
|
|
Extreme Angler
Joined: May 2010
Posts: 1,217 |
In 2015 we were building parts (lids and consoles) for a saltwater boat company. After awhile they wanted us to build all of the boat. The boat was a 22' flats boat and very light. We were only going to build the hull, deck, string system, lids and console and assemble those items to the boat. The boat would be finished somewhere else. We figured $3500 in labor and $3500 in materials. $7000 to build a 22' boat in 2015 would probably be around $10k now. Those boats were selling for $70k in 2015
Chris
940-458-0164
Chris@classic-fiberglass.com
|
|
|
Re: New Bass Boat Cost
[Re: Douglas J]
#14150504
10/04/21 07:52 PM
|
Joined: Jan 2008
Posts: 13,582
Fishspanker
TFF Guru
|
|
TFF Guru
Joined: Jan 2008
Posts: 13,582 |
Caviar tastes. You can’t price some out of what they want. As long as there is demand at a price point prices will continue to go up. Labor and materials will continue to rise.Not just a ton of people who want to smell fiberglass to make a living . I wonder how long it is before talk about the “good old days” when you could buy a bass boat for under $100K?
We used aluminum boats with tiller motors. I remember when we got the walk thru Windsheild trihull with a 55 Johnson. That was the cats pajamas. We had a lower dollar brand. Glastron was the high end one.
The Sheep who only fears the Wolf is eaten by the Shepherd.
|
|
|
Re: New Bass Boat Cost
[Re: TallBaldCypress]
#14150507
10/04/21 07:57 PM
|
Joined: Jan 2008
Posts: 13,582
Fishspanker
TFF Guru
|
|
TFF Guru
Joined: Jan 2008
Posts: 13,582 |
Can they even build more than 20,000 bass boats? Takes 12+ weeks to get one. I would think that volume would be the best way to get costs down but who wants to work harder for less when they can sell every single boat they produce for a premium.
I would be surprised if a boat manufacturer did better than 7% net so they probably already feel like their boats are too cheap. I doubt anyone is in it for 7% except maybe during a bear market.. Lots of easier ways to get that ROI without smelling all the fiberglass.
The Sheep who only fears the Wolf is eaten by the Shepherd.
|
|
|
Re: New Bass Boat Cost
[Re: Classic Fiberglass]
#14150508
10/04/21 07:58 PM
|
Joined: Jun 2012
Posts: 20,705
Douglas J
OP
TFF Guru
|
|
OP
TFF Guru
Joined: Jun 2012
Posts: 20,705 |
In 2015 we were building parts (lids and consoles) for a saltwater boat company. After awhile they wanted us to build all of the boat. The boat was a 22' flats boat and very light. We were only going to build the hull, deck, string system, lids and console and assemble those items to the boat. The boat would be finished somewhere else. We figured $3500 in labor and $3500 in materials. $7000 to build a 22' boat in 2015 would probably be around $10k now. Those boats were selling for $70k in 2015 Well here is the answer I suspected. Thanks Chris for the insider info. Regardless, if you want a boat you must pay what it costs to buy it. It's nice to know the boat manufactures are likely not starving.
#MFGA
|
|
|
Re: New Bass Boat Cost
[Re: Douglas J]
#14150541
10/04/21 08:28 PM
|
Joined: Apr 2014
Posts: 8,379
Jpurdue
TFF Celebrity
|
|
TFF Celebrity
Joined: Apr 2014
Posts: 8,379 |
As others have mentioned, engines and electronics are major contributors as well. I can buy a 60" HD TV with wifi and every other bell and whistle you can think of for $500. Yet a 12" fish finder costs 3000 bucks. Head scratcher for me.
"Bragging may not bring happiness, but no man having caught a large fish goes home through an alley." -A.L. www.LunkerLore.com
|
|
|
Re: New Bass Boat Cost
[Re: Douglas J]
#14150550
10/04/21 08:38 PM
|
Joined: Apr 2017
Posts: 12,149
tmd11111
TFF Guru
|
|
TFF Guru
Joined: Apr 2017
Posts: 12,149 |
In 2015 we were building parts (lids and consoles) for a saltwater boat company. After awhile they wanted us to build all of the boat. The boat was a 22' flats boat and very light. We were only going to build the hull, deck, string system, lids and console and assemble those items to the boat. The boat would be finished somewhere else. We figured $3500 in labor and $3500 in materials. $7000 to build a 22' boat in 2015 would probably be around $10k now. Those boats were selling for $70k in 2015 Well here is the answer I suspected. Thanks Chris for the insider info. Regardless, if you want a boat you must pay what it costs to buy it. It's nice to know the boat manufactures are likely not starving. There's a whole lot left out between that $7000 stripped hull and a completed rig selling for $70,000
|
|
|
Re: New Bass Boat Cost
[Re: tmd11111]
#14150744
10/05/21 12:13 AM
|
Joined: Jan 2007
Posts: 14,628
Happykamper
TFF Guru
|
|
TFF Guru
Joined: Jan 2007
Posts: 14,628 |
Boats cost what they cost because the boat manufacturer has to make a profit, the engine manufacturer has to make a profit, it just rolls on down the line all the way to the dealer, guess what, the dealer also has to make a profit, it is what it is. there are many different price ranges of boats, if you want to fish you can most likely find a boat that will fit your budget, just don't finance a new boat for 7 -12 years, if you cannot pay it off in 5 or less then look for a good used boat that fits your budget.
|
|
|
Re: New Bass Boat Cost
[Re: Douglas J]
#14150757
10/05/21 12:30 AM
|
Joined: Nov 2014
Posts: 318
Dr. Drop
Angler
|
|
Angler
Joined: Nov 2014
Posts: 318 |
In 1973 I bought a brand new top of the line Basscat with a 115 hp mercury for $3500
In 1999 I bought a brand new top of the nine Basscat with a 225 hp mercury for $27000
I re -powered the 99 with a new mercury and I aint letting go.
|
|
|
Re: New Bass Boat Cost
[Re: tmd11111]
#14150762
10/05/21 12:35 AM
|
Joined: May 2007
Posts: 40,375
WAWI
TFF Guru
|
|
TFF Guru
Joined: May 2007
Posts: 40,375 |
In 2015 we were building parts (lids and consoles) for a saltwater boat company. After awhile they wanted us to build all of the boat. The boat was a 22' flats boat and very light. We were only going to build the hull, deck, string system, lids and console and assemble those items to the boat. The boat would be finished somewhere else. We figured $3500 in labor and $3500 in materials. $7000 to build a 22' boat in 2015 would probably be around $10k now. Those boats were selling for $70k in 2015 Well here is the answer I suspected. Thanks Chris for the insider info. Regardless, if you want a boat you must pay what it costs to buy it. It's nice to know the boat manufactures are likely not starving. There's a whole lot left out between that $7000 stripped hull and a completed rig selling for $70,000 Yup, besides the obvious engine, rigging, a few hundred parts, hinges etc, you have the whole other pile of fixed costs like electricity, payroll, property tax, computer stuff, insurance, liability and workmans comp, the trailer, cost of warranty claims, fixing the employee bathroom, etc etc it can go on for pages just like any other business. All that stuff has to get covered by the boat cost or they go outa business and we are all peddling around in a row boat.
|
|
|
Re: New Bass Boat Cost
[Re: tmd11111]
#14150765
10/05/21 12:36 AM
|
Joined: Jun 2012
Posts: 20,705
Douglas J
OP
TFF Guru
|
|
OP
TFF Guru
Joined: Jun 2012
Posts: 20,705 |
In 2015 we were building parts (lids and consoles) for a saltwater boat company. After awhile they wanted us to build all of the boat. The boat was a 22' flats boat and very light. We were only going to build the hull, deck, string system, lids and console and assemble those items to the boat. The boat would be finished somewhere else. We figured $3500 in labor and $3500 in materials. $7000 to build a 22' boat in 2015 would probably be around $10k now. Those boats were selling for $70k in 2015 Well here is the answer I suspected. Thanks Chris for the insider info. Regardless, if you want a boat you must pay what it costs to buy it. It's nice to know the boat manufactures are likely not starving. There's a whole lot left out between that $7000 stripped hull and a completed rig selling for $70,000 I think Chris said the cost of the hull was going to retail for $70K, not the complete rigged boat. And even it was a complete boat, you are talking $63K more for a motor and accessories. In 2015 a 250 HP outboard was around $13-15K. Electronics could have been $4K, power poles $4K, hyd JP $2K, and trailer, misc items and rigging another $10K That's $42K and I used retail pricing for everything. Makes the margin around 55-65% Not too shabby
#MFGA
|
|
|
Re: New Bass Boat Cost
[Re: Douglas J]
#14150796
10/05/21 12:52 AM
|
Joined: Apr 2017
Posts: 12,149
tmd11111
TFF Guru
|
|
TFF Guru
Joined: Apr 2017
Posts: 12,149 |
In 2015 we were building parts (lids and consoles) for a saltwater boat company. After awhile they wanted us to build all of the boat. The boat was a 22' flats boat and very light. We were only going to build the hull, deck, string system, lids and console and assemble those items to the boat. The boat would be finished somewhere else. We figured $3500 in labor and $3500 in materials. $7000 to build a 22' boat in 2015 would probably be around $10k now. Those boats were selling for $70k in 2015 Well here is the answer I suspected. Thanks Chris for the insider info. Regardless, if you want a boat you must pay what it costs to buy it. It's nice to know the boat manufactures are likely not starving. There's a whole lot left out between that $7000 stripped hull and a completed rig selling for $70,000 I think Chris said the cost of the hull was going to retail for $70K, not the complete rigged boat. And even it was a complete boat, you are talking $63K more for a motor and accessories. In 2015 a 250 HP outboard was around $13-15K. Electronics could have been $4K, power poles $4K, hyd JP $2K, and trailer, misc items and rigging another $10K That's $42K and I used retail pricing for everything. Makes the margin around 55-65% Not too shabby You should read WAWI's post above yours then recalculate.
|
|
|
Re: New Bass Boat Cost
[Re: Douglas J]
#14150817
10/05/21 01:04 AM
|
Joined: Jun 2012
Posts: 20,705
Douglas J
OP
TFF Guru
|
|
OP
TFF Guru
Joined: Jun 2012
Posts: 20,705 |
[quote=Douglas J][quote=Classic Fiberglass]In 2015 we were building parts (lids and consoles) for a saltwater boat company. After awhile they wanted us to build all of the boat. The boat was a 22' flats boat and very light. We were only going to build the hull, deck, string system, lids and console and assemble those items to the boat. The boat would be finished somewhere else. We figured $3500 in labor and $3500 in materials. $7000 to build a 22' boat in 2015 would probably be around $10k now. Those boats were selling for $70k in 2015 Well here is the answer I suspected. Thanks Chris for the insider info. Regardless, if you want a boat you must pay what it costs to buy it. It's nice to know the boat manufactures are likely not starving. I think Chris said the cost of the hull was going to retail for $70K, not the complete rigged boat. And even it was a complete boat, you are talking $63K more for a motor and accessories. In 2015 a 250 HP outboard was around $13-15K. Electronics could have been $4K, power poles $4K, hyd JP $2K, and trailer, misc items and rigging another $10K That's $42K and I used retail pricing for everything. Makes the margin around 55-65% Not too shabby You should read WAWI's post above yours then recalculate. Hugh's boat was bought in 2020, 5 years ago the prices on everything was easily 15-20% less. I would say a fully rigged 21 foot "decent" bass boat completely rigged cost is $45-55K today. I bet there is $20-35K to be made down the line on selling a new boat. It is what it is, if you want to play you have to pay. I really do not need to know, just a discussion. By the way how do you like Caymas? What did you run prior?
#MFGA
|
|
|
Re: New Bass Boat Cost
[Re: Jpurdue]
#14150822
10/05/21 01:11 AM
|
Joined: May 2008
Posts: 10,257
Rayzor
TFF Guru
|
|
TFF Guru
Joined: May 2008
Posts: 10,257 |
As others have mentioned, engines and electronics are major contributors as well. I can buy a 60" HD TV with wifi and every other bell and whistle you can think of for $500. Yet a 12" fish finder costs 3000 bucks. Head scratcher for me. Yes, this seems crazy but it is all about supply and demand. There are probably (swag) 10,000 TVs sold for every graph sold. The one good thing is that you can pay $500 for a graph that would have cost you $2,000 years ago. I paid $1,500 dollars for a 6" black & white graph in 2000. You can buy a heck of a lot more than a B&W 6" graph now for that kind of money.
Be safe, Rayzor ![[Linked Image]](http://i418.photobucket.com/albums/pp267/JLedbetter/th_Boatpics036.jpg) 2001 Triton Tx-21/225 Mercury EFI
|
|
|
Re: New Bass Boat Cost
[Re: Douglas J]
#14150829
10/05/21 01:18 AM
|
Joined: Nov 2007
Posts: 5,515
ssmith
TFF Celebrity
|
|
TFF Celebrity
Joined: Nov 2007
Posts: 5,515 |
if dealers were making 20 to 35 k on a boat there would be one on every corner they have been doing great the last 2 years but believe me it wont last . manufacturers are behind an cant get enough folks who want to work or parts to keep the line moving they will eventually catch up with sales nobody really knows when that will be.
|
|
|
Re: New Bass Boat Cost
[Re: Douglas J]
#14150833
10/05/21 01:20 AM
|
Joined: Apr 2017
Posts: 12,149
tmd11111
TFF Guru
|
|
TFF Guru
Joined: Apr 2017
Posts: 12,149 |
[quote=Douglas J][quote=Classic Fiberglass]In 2015 we were building parts (lids and consoles) for a saltwater boat company. After awhile they wanted us to build all of the boat. The boat was a 22' flats boat and very light. We were only going to build the hull, deck, string system, lids and console and assemble those items to the boat. The boat would be finished somewhere else. We figured $3500 in labor and $3500 in materials. $7000 to build a 22' boat in 2015 would probably be around $10k now. Those boats were selling for $70k in 2015 Well here is the answer I suspected. Thanks Chris for the insider info. Regardless, if you want a boat you must pay what it costs to buy it. It's nice to know the boat manufactures are likely not starving. I think Chris said the cost of the hull was going to retail for $70K, not the complete rigged boat. And even it was a complete boat, you are talking $63K more for a motor and accessories. In 2015 a 250 HP outboard was around $13-15K. Electronics could have been $4K, power poles $4K, hyd JP $2K, and trailer, misc items and rigging another $10K That's $42K and I used retail pricing for everything. Makes the margin around 55-65% Not too shabby You should read WAWI's post above yours then recalculate. Hugh's boat was bought in 2020, 5 years ago the prices on everything was easily 15-20% less. I would say a fully rigged 21 foot "decent" bass boat completely rigged cost is $45-55K today. I bet there is $20-35K to be made down the line on selling a new boat. It is what it is, if you want to play you have to pay. I really do not need to know, just a discussion. By the way how do you like Caymas? What did you run prior? No Caymas here. Picked up a Phoenix a few months ago. Previous rig was a bay boat and prior to that was a Triton
|
|
Moderated by banker-always fishing, chickenman, Derek 🐝, Duck_Hunter, Fish Killer, J-2, Jacob, Jons3825, JustWingem, Nocona Brian, Toon-Troller, Uncle Zeek, Weekender1
|
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2019/09/full-13-25504-logo.png){kind=logo}
