What's the market for a 51' OL?
#61
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So what is it when a dealer wont even take a boat on trade or will only give 1/4 of what it's worth? It's hard to get out of big sport boats, I am getting ready to spend up to 300k on a new boat and I will be calling everything from 500k down till I get the right deal, somebody will bite. They want me to spend 500k on a boat then a year and 75 hours later it's only worth 150k on trade or they wont even take it thats BS. I want a dealer that wants to sell me a boat every 2-3 years and not loose 50-75% of what I spent. Sometimes the boats are better than when first sold due to updating and better power and it still seems nobody wants to pay. Seems like the guys that can buy a new 750k+ boat dont care what they loose but most of us do. Dealers need to step up and make 100k 10 times not 500 once. It's called customer service.
#62
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I disagree.. its what ever the market will allow. It is a nice boat, and I like the power but Bravo's are a tough sell on a heavy boat. Nortech doesnt even offer bravo's on its 50 anymore. If I held out what I thought my boat was worth, I never would have sold it either...Bottom line... OL pricing in the good economy was overpriced..reality has changed, dealers are gone and factory pricing has now come in. The new line is impressive which means the older boats need a substancial drop in price. 300k is fair for a 5 year+ old boat.
#63
Geronimo36
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So what is it when a dealer wont even take a boat on trade or will only give 1/4 of what it's worth? It's hard to get out of big sport boats, I am getting ready to spend up to 300k on a new boat and I will be calling everything from 500k down till I get the right deal, somebody will bite.
As for calling all the listed boats, regardless of price, I say it doesn't hurt. If someone gets offended it doesn't really matter.. If you're serious as a buyer and an easy deal can be made so why not make the call, any call.. I believe the only stupid question is the one not asked!
I disagree.. its what ever the market will allow. It is a nice boat, and I like the power but Bravo's are a tough sell on a heavy boat. Nortech doesnt even offer bravo's on its 50 anymore. If I held out what I thought my boat was worth, I never would have sold it either....
Last edited by Panther; 03-08-2010 at 10:01 AM.
#64
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I know they need to make money but I feel they should go more to volume not margin, it turns people off when they go back to trade and find out it's worth 20-40 % of what they paid just a couple years later so they just keep it or sell it and get out of boating. I have a few friends with that problem. If the dealer wants to be the best they need to go the extra mile, sure it's going to suck at first but as you build up customers that only buy from you because your fair and remember their name it will pay off, there are to many people that dont care if they ever sell you another boat they just want your money now for one sale. I have bought 7 boats and so far the only guy I would buy another from is Terry Sobo.
#65
Geronimo36
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A few years ago I saw dealerships giving good money for used boats but now I can't see how they could afford to sit on used inventory like that...they're going to get hit on both ends. A good example, LCM possibly...
#67
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they are just numbers, why take it personal.
As for trades you have to look at the saleability of it, not everyone is going to be looking for a 51 outerlimits, if you are trading a smaller boat that has the ability to be flipped quicker, they may be prone to offer a little more on it to get the deal done. The things to remember with dealerships is they make money on finance as well. anytime someone has offered me less than I wanted i just said thanks but I cant accept that, no biggie, it's just an offer and a starting point for talking.
As for trades you have to look at the saleability of it, not everyone is going to be looking for a 51 outerlimits, if you are trading a smaller boat that has the ability to be flipped quicker, they may be prone to offer a little more on it to get the deal done. The things to remember with dealerships is they make money on finance as well. anytime someone has offered me less than I wanted i just said thanks but I cant accept that, no biggie, it's just an offer and a starting point for talking.
#68
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Any offer north of $275K would be reasonable in my opinion. Its sad, but that is what the market has come down to. The bigger they are, the harder they fall.
Last edited by pm203; 03-08-2010 at 03:46 PM.
#69
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#70
Geronimo36
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Comparatively speaking I just came across an ad for a used Nortech 50V, $429k.