If you guys think the boat market has gone crazy chew on this...... single engine, fixed gear, non pressurized.
The problem is you, me, or anyone DOES not want those boats. Once technology moved forward so did our preferences.
There are companies out there building lower priced boats. One (phantom) was at Miami. The only thing is you have to stop complaining and go buy them. oh you say your not in the market and then wonder why these companies are going under or not producing. It's just the physics of business.
Last edited by GTOFFSHORE; 02-24-2012 at 08:00 AM. Reason: ....
Yup. And 300k for a new 172 (the common mans plane). Explains why I dont fly anymore.
heres a deal.... http://www.controller.com/listingsde...P/1205757.htm? lol
or you could buy this for prolly $600K and it costs about as much to run as a big power boat http://www.controller.com/listingsde...P/1198325.htm?
Last edited by 302Sport; 02-24-2012 at 09:09 AM.
If you are shopping a "new" used boat you may reconsider if that boat is on the last year of finacing, or you may face a serious loss if you want to sell in 2 years to a cash only market
youre right the market is very weird right now as the cheap ($50K and under) and new stuff is moving. If youre in the middle good luck.....
It is what it is. There are nice people, and there are people that aren't nice. When you're in a niche market where High End is typical, you'll probably find a higher percentage of people that really feel pretty great about themselves, and sneer at those struggling to participate with lesser means. I've noticed that in this boating market, some of the same people have changed their tune a bit. Not all certainly, but some. Look harder, and you'll find someone that cares about boats and boaters, not just themselves.
My perspective is that boats, especially performance boats, have always been expensive. In the 80s a 28 Cigarette was about $40,000 and a 39 with hawk power was $102,000. That was a heck of a lot of money for the common man back then.
Average wage then was like $25K so figure for the common man wanting a new 28 Cig it was about 2 years salary.
In 2001 my new Pantera with a 575 on a myco was $125K.
I think we just got spoiled with low material prices, interest rates and a bubble that gave a nice window for a lot of people to get into performance boating that never would have the chance. The good thing is a lot of boats were built so the used market has a nice selection.
In 2000 I sold my 1995 27 Fountain for $40K.. Same 1995 today is still a ~$30K boat so in some ways the used market is better today than it was a decade ago, it just isn't what it was in the hey days.
I think the soft spot in the market has been identified. The guy that as a 13 year old boat that needs to get $100K out of is having a hard time and so is the buyer of that boat if he or she needs financing.
It could be the boats are higher priced to make up for less sales. I still think they need to come back with 24-27 performance boats that are 40-60k and they would sell. Most people on here are in the 60k or less budget.
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