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Why is it so hard to sell a boat certificate?
#9308887
09/12/13 05:16 PM
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Joined: Mar 2008
Posts: 3,228
YankHardReelFast
OP
TFF Team Angler
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OP
TFF Team Angler
Joined: Mar 2008
Posts: 3,228 |
I know two guys in the last year that have won a certificate for a new Legend and neither of them sold as quick as I thought. Matter of fact, one is still for sale.
What am I missing here? If a guy was gonna order a new Legend, why would he NOT want to buy a discounted certificate?
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9308894
09/12/13 05:18 PM
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Joined: May 2009
Posts: 8,943
Barrett
TFF Celebrity
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TFF Celebrity
Joined: May 2009
Posts: 8,943 |
They want too much. We sold ours in 2 days. I think I saw a certificate in the trading section that was a legend on a single axle trailer for 35 plus.
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Re: Why is it so hard to sell a boat certificate?
[Re: Barrett]
#9308903
09/12/13 05:21 PM
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Joined: Sep 2013
Posts: 203
Sacking n stacking
Outdoorsman
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Outdoorsman
Joined: Sep 2013
Posts: 203 |
They want too much. We sold ours in 2 days. I think I saw a certificate in the trading section that was a legend on a single axle trailer for 35 plus. +1
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9308922
09/12/13 05:28 PM
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Joined: Jan 2004
Posts: 6,445
Grant2
TFF Celebrity
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TFF Celebrity
Joined: Jan 2004
Posts: 6,445 |
Most try to get what you would pay at a dealer. They forgot that they won the boat for a small entry fee and wants top dollar not going to happen. Plus on most it's a plain Jane boat with no upgrades.
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Re: Why is it so hard to sell a boat certificate?
[Re: Grant2]
#9308950
09/12/13 05:36 PM
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Joined: Dec 2005
Posts: 6,734
Fish AKA Jerry
TFF Celebrity
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TFF Celebrity
Joined: Dec 2005
Posts: 6,734 |
Most try to get what you would pay at a dealer. They forgot that they won the boat for a small entry fee and wants top dollar not going to happen. Plus on most it's a plain Jane boat with no upgrades. Exactly what I have found to be the case.Even most prostaffer and demo boats are priced to high IMHO.I see some adds where a guy says he really needs to sell fast and then prices his boat at the top end of retail.If you want to sell a boat fast you should try starting a little towards the middle of the retail price range at least.
FREYED KNOT
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9308996
09/12/13 05:48 PM
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Joined: Jun 2012
Posts: 6
Jigbite
Green Horn
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Green Horn
Joined: Jun 2012
Posts: 6 |
If the boat is supposedly a $45k dollar boat how much is it really worth? What is middle of the road price on a brand new boat?
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309012
09/12/13 05:52 PM
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Joined: Feb 2004
Posts: 26,660
Bass_Bustin_Texan
TFF Guru
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TFF Guru
Joined: Feb 2004
Posts: 26,660 |
Lots of people kick the tires on boats....they all "want" one, but momma won't let them get a loan from the bank. 
You can avoid having ulcers by adapting to the situation: If you fall in the mud puddle, check your pockets for fish. ~Unknown
Open your eyes & look within, are you satisfied with the life youre living.
No matter how good or bad you have it, wake up each day thankful for your life. Someone somewhere else is desperately fighting for theirs.
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309025
09/12/13 05:56 PM
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Joined: Jun 2012
Posts: 6
Jigbite
Green Horn
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Green Horn
Joined: Jun 2012
Posts: 6 |
What is a fair price on a certificate boat?
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309035
09/12/13 06:00 PM
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Joined: May 2009
Posts: 8,943
Barrett
TFF Celebrity
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TFF Celebrity
Joined: May 2009
Posts: 8,943 |
Ours was "valued" at 30K we sold it in two days for 24. We would have probably taken 20 if memory serves me right.
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309037
09/12/13 06:01 PM
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Joined: Oct 2010
Posts: 9,666
Bradshuflin aka hunter'sdad
TFF Celebrity
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TFF Celebrity
Joined: Oct 2010
Posts: 9,666 |
Can you finance a certificate? I think that's a problem too, easier to finance a boat than the certificate. Price is normally the issue too.
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309040
09/12/13 06:01 PM
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Joined: May 2012
Posts: 565
DuctsZX250
Pro Angler
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Pro Angler
Joined: May 2012
Posts: 565 |
My guess it most folks have to finance their new boats. Is it an easy process to get financing using a cert?
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Re: Why is it so hard to sell a boat certificate?
[Re: Jigbite]
#9309067
09/12/13 06:11 PM
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Joined: Oct 2011
Posts: 3,852
onthebank
TFF Team Angler
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TFF Team Angler
Joined: Oct 2011
Posts: 3,852 |
If the boat is supposedly a $45k dollar boat how much is it really worth? What is middle of the road price on a brand new boat? Think about it like a vehicle. The second it leaves the lot it depreciates at least 20%. 80% of the retail price would be a good baseline. Less if it is an absolute base model.
"That's thirty minutes away. I'll be there in ten".~Winston Wolf
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Re: Why is it so hard to sell a boat certificate?
[Re: Barrett]
#9309093
09/12/13 06:21 PM
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Joined: Dec 2005
Posts: 6,734
Fish AKA Jerry
TFF Celebrity
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TFF Celebrity
Joined: Dec 2005
Posts: 6,734 |
Ours was "valued" at 30K we sold it in two days for 24. We would have probably taken 20 if memory serves me right. I am in the market for a boat right now.But I am not paying top dollar. There are too many boats for sale and more coming every day.I would say you sold yours for about the right amount, 20% off.
FREYED KNOT
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Re: Why is it so hard to sell a boat certificate?
[Re: YankHardReelFast]
#9309128
09/12/13 06:34 PM
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Joined: Mar 2008
Posts: 3,228
YankHardReelFast
OP
TFF Team Angler
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OP
TFF Team Angler
Joined: Mar 2008
Posts: 3,228 |
The certificate that I know quite a bit about is valued at $45k according to Legend. I understand that's MSRP. Lets just say that same boat can actually be bought for $35k from a dealer. Why wouldn't you wanna buy the certificate for $34k and save $1k.
How does the certificate work for an upgrade? Reckon they give you the full $45k credit towards the larger boat?
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