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The boat market........?

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Old 01-01-2006, 10:25 PM
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Default The boat market........?

Spoke w/the salesman I have been working with at the LOTO with respect to a Formula 330SS. He has 5 new ones (05MY) in stock and says he will sell them all by the next boat show up in KC in three weeks. So a couple of questions....

1)Is this normal market conditions even in the off-season. He already took off $35k off and I have not even started to negoatiate. I don't doubt his word and I would guess they could sell them soon. So I ask you experts, sales slow, normal or what you been hearing. I suspect its not that unusual to discount that much as they await 06 MY boats.

2)I'm not in that big a hurry b/c my place isn't ready or my slip, if I happen wait until later when my place has been built could I expect to get that type of discount on a 06 model or will the demand be as such that I won't get close to that type of deal if I wait until May or June. I think I know the answer but I submit to the experts.
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Old 01-02-2006, 12:15 AM
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Default Re: The boat market........?

I seriously doubt they will sell 5 330's in the next 3 weeks at LOTO. He'd probably be lucky to sell one. LOTO is pretty much a ghost town in the off season. I'm guessing you're talking about Glencove.

Probably won't get that much discount on 06. More than likely you will still be able to find a new 05 there or at another dealer.
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Old 01-02-2006, 01:21 AM
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Default Re: The boat market........?

He is full of crap. Just trying to get you to buy. If they are that easy to sell he would not be giving you a discount right off the bat.

Last edited by apache21; 01-02-2006 at 01:47 PM.
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Old 01-02-2006, 01:23 AM
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Default Re: The boat market........?

nor would he have 5 05's left
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Old 01-02-2006, 09:41 AM
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Default Re: The boat market........?

5 leftovers of the same model is NOT a nice place to be in as a dealer. You always wind up with a couple leftovers, but that's a little heavy.
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Old 01-02-2006, 09:47 AM
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Default Re: The boat market........?

Quote:
Originally Posted by berns29scarab
nor would he have 5 05's left
That says it all. He can only sell all 5 if the price is low enough. Go get your best deal!
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Old 01-02-2006, 09:55 AM
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Default Re: The boat market........?

I also agree, the K.C and St. Louis show he might sell 2 the 330 is an awesome popular boat, but until March first is pretty slow but a good time to buy and negotiate a better deal. I would wait, you can also pick up your hoist in the off season, alot of good deals out there right now, good luck with your boat, neat looking boat. wiggler
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Old 01-02-2006, 10:18 AM
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Default Re: The boat market........?

Sounds like you have the upper hand here my friend
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Old 01-02-2006, 11:48 AM
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Default Re: The boat market........?

Thanks for the help, I admit I am new at this boat stuff. You have eased my mind in some respects.

I shall wait and see.........
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Old 01-02-2006, 12:43 PM
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Default Re: The boat market........?

i dont know... my formula dealer here in cleveland moves a good # of them... they are formulas #1 selling model... and i kwon he moves a lot at the winter show

he may move all of them w/ good dicounts
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