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Buying a boat in this Market?

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Old 05-12-2008, 02:43 PM
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Originally Posted by getchasum111 View Post
That means missing a summer of boating....I couldn't do it....
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.
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Old 05-12-2008, 02:48 PM
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That means missing a summer of boating....I couldn't do it....
I agree it would be tough but you sounded like you were looking for the best deal, that will be in the fall.
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Old 05-12-2008, 03:25 PM
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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

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Old 05-12-2008, 03:27 PM
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Originally Posted by boating37 View Post
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.
I think it's a great time to buy. Lots of deals out there.
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Old 05-12-2008, 03:41 PM
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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.
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Old 05-12-2008, 04:36 PM
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I just got a 40' Formula and the great part is i can go use it now.
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Old 05-12-2008, 04:44 PM
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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.
excellent point!!!
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Old 05-12-2008, 10:18 PM
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Originally Posted by Pismo10 View Post
Wait until fall if you can, better deals then. Economy will take years to fly again, esp the boating market with gas at $$$$ per gallon. You have time.
I'm confused, do people actually think the price of gas is going to go down.....ever? 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.
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Old 05-12-2008, 10:50 PM
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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.
Exactly my point. All of the good boats will be gone by Memorial Day. The only ones left will be the ones that no one wants.

Go get it now! I have already been out more than a dozen times this year. Let's go boating!
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Old 05-12-2008, 11:02 PM
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No not basing the purchase of a boat on gas price's, but the price of gas will that drop the value of performance boats and the econmy does not help values.
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