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Used boat prices....how they holding up??

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Old 01-15-2008, 12:49 PM
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I would tend to agree that boats are priced crazy right now. Considering the inevitable burst of the boat price bubble expected to hit this summer when gas reaches $4.00+ per gallon, I would think that the prices would be more aggressive...

Then again, I think people are inflating their prices because they are probably expecting to be hit with offers of considerably less. I guess I'll find out how the market really is when I pull the trigger in the next few months.
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Old 01-15-2008, 01:35 PM
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Originally Posted by Griff View Post
I think they're dreaming and they owe too much on them. All you have to do is look at what stuff has been really selling for.
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Old 01-15-2008, 01:50 PM
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It depends on the boat too.

Look at older Donzi classics. NADA has them really low, but they never sell for that low. I think they extrapolate data based on newer boat sales... older boats usually change hands person to person, without a broker, so the prices are all off.

NADA is one single guide... it takes a lot more than that to price a boat properly.
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Old 01-15-2008, 02:43 PM
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The price of any new boat is not helping eather, When a new 35 Fountian is advertised at a show for 385k what do you think the guy with a 2yr old one is going to think his is worth? Its just outa controll all the way around new/used. The real question is WHAT is selling.
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Old 01-15-2008, 02:47 PM
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The price of any new boat is not helping eather, When a new 35 Fountian is advertised at a show for 385k
Yeah, but it's only 999/month!!
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Old 01-15-2008, 02:55 PM
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Who has access to Yachtworld.com wizard to see what
listed boats, have actually sold for? This is the true market
value by region.
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Old 01-15-2008, 03:19 PM
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Guys, It really comes down to this....boats are toys !! No one needs one to live. Its not like a house or even a car. If the market drops in a house, people freak out as it is, with most average people, their single largest asset, and even for some retirement. So they hold on to them or stand fast enless the bank takes over. But with a boat it is different. People buy when they have money, or THINK they have money. When they get into trouble or times get tight, toys are the first to go, either by choice or by bank. Keep looking, reality has not set in yet with most. It will come.

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Old 01-15-2008, 03:33 PM
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I dont think your off, but remeber listing price and what is sells for are two different animals...if you have your ducks in line, figure out what you want to offer and go for it, worse they can say is no.
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Old 01-15-2008, 03:48 PM
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As far as people (dealers) adding numerous options that were stock from the factory to the NADA's......

That is also a VERY popular tactic in the RV world. The trump up thousands in add on's that were already part of the price given up at the top of the report.............
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Old 01-15-2008, 03:58 PM
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Quote:
Originally Posted by marylandmark View Post
I heard with gas prices going up that outboard boats were going to actually increase in value?

Do you ever work?
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