How long do dealers keep new boats
09-21-2006, 12:46 AM
#23
Registered
Re: How long do dealers keep new boats
Originally Posted by satisfactionII
The Wellcraft dealer at Grand had a 2002 Scarab 33'AVS a long long time. He sold it this year. don't know what he sold it for.
Michael
09-21-2006, 08:38 AM
#24
Registered
Re: How long do dealers keep new boats
"but remember that when you need a small item fixed at 4 o'clock on a Friday it's most likely your sellling dealer that will take care of it."
That's funny chit! Whoever saw anybody do anything on a Friday at 4 P.M.
That's funny chit! Whoever saw anybody do anything on a Friday at 4 P.M.
09-21-2006, 10:32 AM
#25
Registered
Re: How long do dealers keep new boats
The problems with hold over boats is they are the same as a used boat to me. Other than a warranty (can be bought) it has depreciated in value to everyone except the dealer who is still trying to sell it at cost or more.
09-21-2006, 11:08 AM
#26
OSO OG
Gold Member
Re: How long do dealers keep new boats
Originally Posted by kennyo
"but remember that when you need a small item fixed at 4 o'clock on a Friday it's most likely your sellling dealer that will take care of it."
That's funny chit! Whoever saw anybody do anything on a Friday at 4 P.M.
That's funny chit! Whoever saw anybody do anything on a Friday at 4 P.M.
09-21-2006, 11:50 AM
#27
It's a Wicked Rush!!!
Gold Member
Join Date: Jun 2006
Location: North Country, NY
Posts: 701
Likes: 0
Received 0 Likes
on
0 Posts
Re: How long do dealers keep new boats
Originally Posted by STUCK
How long will a dealer keep new boats on there lot? Was at a boat show this past weekend and there was a 2004 that is still a new boat it was there last year and my wife liked it but the price was still to high well it was there again but the asking price was more because it came with a trailer which I was told was a $7k trailer which meant the boat was still the same as last year. I checked there site and now the boat is a $1k less then what was listed at the show. Just wondered how soon before they are just wanting to get it gone.
09-21-2006, 03:56 PM
#29
Re: How long do dealers keep new boats
Just keep in mind that saving 30K is nice but if you were to drive that boat to another dealer for a trade they are going to just price it like any other 3 soon to be 4 year old boat.
Raymonds Smithsonian Boat Storage and Sales at LOTO had a new 2000 or 2001 Cigarette Mystique that they owned up until earlier this year. Now that boat was 189K new and if someone paid 50K off sticker (over 25%) it would sound like a good deal but in reality that boat wouldn't be worth more than 100K on the open market.
Every deal is different, but an older boat/ leftover is worth less than a current year because it is older! Everyone thinks that when they buy the perfect boat they will keep it forever but in reality they will be looking to sell it in a few years so for most the resale is going to be an issue.
Raymonds Smithsonian Boat Storage and Sales at LOTO had a new 2000 or 2001 Cigarette Mystique that they owned up until earlier this year. Now that boat was 189K new and if someone paid 50K off sticker (over 25%) it would sound like a good deal but in reality that boat wouldn't be worth more than 100K on the open market.
Every deal is different, but an older boat/ leftover is worth less than a current year because it is older! Everyone thinks that when they buy the perfect boat they will keep it forever but in reality they will be looking to sell it in a few years so for most the resale is going to be an issue.
09-21-2006, 03:58 PM
#30
Registered
Join Date: Sep 2006
Posts: 12
Likes: 0
Received 0 Likes
on
0 Posts
Re: How long do dealers keep new boats
From the words of a salesman "the avg boater keeps the boat for 3-5 years before trading/selling" I have noticed more people looking for used boats than new, just to escape depriciation value
