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Buying a boat

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steak&lobster

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So far it's proving to be tough. . . people are telling me things like;
A manufacturer promised them a certain trade in $ amount if they buy new so they should sell no less than that figure.
400 hr 525's don't need top end work and that shouldn't figure into sale price. . .
motors redone in 2015 = brand new refurbished LoL
 
Shlbyntro

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steak&lobster said:
So far it's proving to be tough. . . people are telling me things like;
A manufacturer promised them a certain trade in $ amount if they buy new so they should sell no less than that figure.
400 hr 525's don't need top end work and that shouldn't figure into sale price. . .
motors redone in 2015 = brand new refurbished LoL
Click to expand...

Unfortunately, that's how it is. Though that kind of thing makes the boat appealing to a lot of buyers and certainly more marketable, it's still considered service/repair work which does not positively affect value in a trade in situation. You can bet your ass they'll use those same facts to turn around and sell your boat for top dollar once it's theirs though.

It's kind of like that in-ground pool you installed in your backyard before you sold your house (hypothetically). You could have spent 200k on an awesome pool, but your only going to get an extra 15k on your sales price as opposed to not having one. (In most markets)

I'd suggest selling your boat private party or through a brokerage to take full advantage your boats excellent care yourself.
 
adam909

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it goes with the economy we are in at the time.. sucks.. I would think the next couple months would be a good time to buy due to tax season.. I'm sure you'll find something..
 
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steak&lobster

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Shlbyntro said:
Unfortunately, that's how it is. Though that kind of thing makes the boat appealing to a lot of buyers and certainly more marketable, it's still considered service/repair work which does not positively affect value in a trade in situation. You can bet your ass they'll use those same facts to turn around and sell your boat for top dollar once it's theirs though.

It's kind of like that in-ground pool you installed in your backyard before you sold your house (hypothetically). You could have spent 200k on an awesome pool, but your only going to get an extra 15k on your sales price as opposed to not having one. (In most markets)

I'd suggest selling your boat private party or through a brokerage to take full advantage your boats excellent care yourself.
Click to expand...
I'm a buyer . . . and I got plenty of experience selling. . . as RDP knows all too well
 
Outdrive1

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Shlbyntro said:
Unfortunately, that's how it is. Though that kind of thing makes the boat appealing to a lot of buyers and certainly more marketable, it's still considered service/repair work which does not positively affect value in a trade in situation. You can bet your ass they'll use those same facts to turn around and sell your boat for top dollar once it's theirs though.

It's kind of like that in-ground pool you installed in your backyard before you sold your house (hypothetically). You could have spent 200k on an awesome pool, but your only going to get an extra 15k on your sales price as opposed to not having one. (In most markets)

I'd suggest selling your boat private party or through a brokerage to take full advantage your boats excellent care yourself.
Click to expand...

Its funny. When I hear someone say I just rebuilt the drive, or I just put tires on it, etc, etc. Well you can’t sell a boat with a broken drive and flat tires..... You can but what are gonna get for a broken boat? I just put new batteries in it. Ok, how are you gonna sell it with dead batteries?

Some shit is just maintenance. You don’t get more per say because you repaired the broken shit on your boat. You get less when shit doesn’t work.


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steak&lobster

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Outdrive1 said:
Its funny. When I hear someone say I just rebuilt the drive, or I just put tires on it, etc, etc. Well you can’t sell a boat with a broken drive and flat tires..... You can but what are gonna get for a broken boat? I just put new batteries in it. Ok, how are you gonna sell it with dead batteries?

Some shit is just maintenance. You don’t get more per say because you repaired the broken shit on your boat. You get less when shit doesn’t work.


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Click to expand...
There is a guy who will remain nameless on FB trying to sell a 2002 25 Daytona for 85k. He says he redid most of the boat in 2015, therefore it is "brand new". . . LoL
 
hallett21

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25 speedster [emoji41]


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Tooms22

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LargeOrangeFont said:
Don’t buy into the hype Randy.

In 18 months you’ll be able to get any boat you want for half the cost it is today.
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That's my hope... go another summer without a boat and hope prices drop a little next winter/early spring.

I have seen some of the ridiculous priced boats sit on the market longer lately. So maybe that's a sign of at least a plateau.
 
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n2otoofast4u

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I know of a SUPER clean 25 Daytona standard deck coming up for sale that doesn't have tribal or checkers on it. If you're interested, we'll be in town this weekend if you want to see it. MCOB, 500efi.
 
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steak&lobster

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n2otoofast4u said:
I know of a SUPER clean 25 Daytona standard deck coming up for sale that doesn'thave tribal or checkers on it. If you're interested, we'll be in town this weekend if you want to see it. MCOB
Click to expand...
I already made Greg a offer he could refuse. . .
 
OldSchoolBoats

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Enen said:
I know of an off-market 24 Schiada open-bow that you might be able to get. It has less than 70 hours on the boat.
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That boat is a freaking dime piece!!

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OldSchoolBoats

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Tooms22 said:
That's my hope... go another summer without a boat and hope prices drop a little next winter/early spring.

I have seen some of the ridiculous priced boats sit on the market longer lately. So maybe that's a sign of at least a plateau.
Click to expand...
Pretty sure people say this every year. With what it costs for a new boat, I dont see the used market slowing down at all.

I listed mine at $35k and actually had a guy offer me $37k when I told him I decided not to sell.

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Dmangus

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n2otoofast4u said:
I know of a SUPER clean 25 Daytona standard deck coming up for sale that doesn't have tribal or checkers on it. If you're interested, we'll be in town this weekend if you want to see it. MCOB, 500efi.[/QUOTE

Message me more details about this Daytona. A friends is looking for one.
Thank you
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COCA COLA COWBOY

COCA COLA COWBOY

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LargeOrangeFont said:
Don’t buy into the hype Randy.

In 18 months you’ll be able to get any boat you want for half the cost it is today.
Click to expand...

That's what I am counting on. I sold my 25 Daytona and bought a cheapo 21 day cruiser for $5800 (that was actually in amazing condition) to ride out the decline. If my evil plan works out, I'm planning on getting a 26 with twin outboards.
 
LargeOrangeFont

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OldSchoolBoats said:
Pretty sure people say this every year. With what it costs for a new boat, I dont see the used market slowing down at all.

I listed mine at $35k and actually had a guy offer me $37k when I told him I decided not to sell.

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Click to expand...

Yea, my post was mostly a joke... The prices aren't going to go down much unless the demand for new boats grinds to a halt. This issue is that now all the used 21-25 foot boats are so old it is hard to get financing. You are likely going to unload all the other toys that you are making payments on before the paid off boat.
 
Ultra912

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Got a Shockwave 25 Tremor for 40K but had to have the trailer overhauled for 6K. I still think I got a fair deal for a great hull. My boats have gotta be as pretty on the road as they are in the water.
 
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