Buying a boat in this Market?
05-12-2008 | 01:43 PM
#11
Gold Member
Joined: Jun 2006
Posts: 5,122
Likes: 967
From: Seaford, VA
I agree. And if you are financing in any way it also doesn't make sense, because then you spend the first few months paying for a boat you aren't using. I bought in May/June - if it cost me a few extra thousand dollars it was worth it because I used the boat immediately instead of getting it slightly cheaper in the fall and then paying interest for 8 months.
05-12-2008 | 01:48 PM
#12
Registered
Joined: Jan 2002
Posts: 2,053
Likes: 39
From: Further South East of Dome Island
05-12-2008 | 02:25 PM
#13
Registered User
Joined: Feb 2001
Posts: 3,300
Likes: 1
From: Tampa, Indian Shores Beach
Well buying a boat in this market, well if your looking new their as cheap as their going to get. If the MFG cannot make a profit they just won't build it. As for used, most people who have a 30 plus boat with 525's are not hurting for money, but you may find someone who wants to trade up and will let it go to get in their new boat, eith way best of luck. I would say don't wait until fall, you might as well wait until next year if you do!!!!!!!
Best of luck
WILL
Best of luck
WILL
05-12-2008 | 02:27 PM
#14
Registered
Joined: May 2002
Posts: 3,600
Likes: 8
From: Fort Lauderdale
Just would like to know some others feed back on buying a boat in this bad market.Starting to look at getting another boat 32 to 36 ft , with twin 525hp, I have 3 boats that I like,
but don't know if I should wait see if prices come down a little.
Becaause with gas prices and the econmy so bad whos going out buying boats like this right now.
but don't know if I should wait see if prices come down a little.
Becaause with gas prices and the econmy so bad whos going out buying boats like this right now.
05-12-2008 | 02:41 PM
#15
Registered
Joined: Mar 2004
Posts: 1,554
Likes: 1
From: NY
great time to buy now. Like its been said, somone with a 36ft 525 boat is probably not hurting for money and will not give it away. If they cant afford it and need to give it away, the boat is probably not properly maintained.
05-12-2008 | 03:44 PM
#17
JC Performance Engines
Joined: Jul 2002
Posts: 8,904
Likes: 34
From: Long Island, NY
05-12-2008 | 09:18 PM
#18
Xtreme Cooler Test Dumby
Joined: Sep 2001
Posts: 1,442
Likes: 0
From: Watkins Glen, New York
You can pretty much forget that idea. With that being said, if you are basing your decision to purchase a performance boat contingent upon gas prices this may be the wrong hobby to get involved in.
05-12-2008 | 09:50 PM
#19
Registered
Joined: Dec 2000
Posts: 6,986
Likes: 0
From: Austin, Texas
Clay is right . All it takes is a nice weekend or two to get a lot of people who are on the fence out looking for boats. 
Even if they don't end up buying, their activity and the potential offers they represent raise the level of "perceived" interest. Also, people who were planning on selling often change their mind and just decide to keep their boat through another season. That's why I was determined to buy in the dead of winter when fewer people (not OSO'ers of course) are thinking about boating, and sellers/marinas/brokers are getting fewer calls.
Even if they don't end up buying, their activity and the potential offers they represent raise the level of "perceived" interest. Also, people who were planning on selling often change their mind and just decide to keep their boat through another season. That's why I was determined to buy in the dead of winter when fewer people (not OSO'ers of course) are thinking about boating, and sellers/marinas/brokers are getting fewer calls.
Go get it now! I have already been out more than a dozen times this year. Let's go boating!
