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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: 8,954
Barrett
TFF Celebrity
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TFF Celebrity
Joined: May 2009
Posts: 8,954 |
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 you�re 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: 8,954
Barrett
TFF Celebrity
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TFF Celebrity
Joined: May 2009
Posts: 8,954 |
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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