Where Did They All Go?
01-04-2021, 04:26 PM
#51
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Join Date: Jun 2004
Location: St-Hyacinthe, quebec, canada
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Funny you mention 2014, note this thread I posted in 2014 here on OSO:
Market Analysis Game.......500K to spend
Buyers have 500K to spend on any boat, new or used and you run the boat for 3 years and you have to sell the boat and you get to keep the net proceeds. I don't remember a single person buying a new performance I/O Vee bottom after 180+ posts. My point then and now is: If people won't buy new I/O vee bottoms with a fantasy 500K budget then what are the chances of them doing it with their own money? Slim.
Clean I/O stuff has definitely popped in value in markets like LOTO, the clean stuff with stock Merc power will always pull a premium but I don't think it is the general rule on the whole market. There are plenty of tired Fountains/Sonics/Bajas lingering in the classifieds. Not too much demand for 20+ year old triple 500 Fountains with bravos.
Market Analysis Game.......500K to spend
Buyers have 500K to spend on any boat, new or used and you run the boat for 3 years and you have to sell the boat and you get to keep the net proceeds. I don't remember a single person buying a new performance I/O Vee bottom after 180+ posts. My point then and now is: If people won't buy new I/O vee bottoms with a fantasy 500K budget then what are the chances of them doing it with their own money? Slim.
Clean I/O stuff has definitely popped in value in markets like LOTO, the clean stuff with stock Merc power will always pull a premium but I don't think it is the general rule on the whole market. There are plenty of tired Fountains/Sonics/Bajas lingering in the classifieds. Not too much demand for 20+ year old triple 500 Fountains with bravos.
01-04-2021, 05:06 PM
#52
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Getting some PM's and leads on some boats that would fit my needs. Looks like they are out there, just not advertised here.
On that note, I am going to wait a couple months and see what happens with politics and the economy. I spoke to my brother and he thinks I'm crazy to buy another boat right now and I should invest the money in gold or even Bitcoin. He bought a bunch of Bitcoin in September and it has more than doubled since then. I could invest, even short term and make enough to buy a boat on the earnings and keep the original investment going. Maybe give it 6 months and see what happens.
On that note, I am going to wait a couple months and see what happens with politics and the economy. I spoke to my brother and he thinks I'm crazy to buy another boat right now and I should invest the money in gold or even Bitcoin. He bought a bunch of Bitcoin in September and it has more than doubled since then. I could invest, even short term and make enough to buy a boat on the earnings and keep the original investment going. Maybe give it 6 months and see what happens.
01-04-2021, 05:31 PM
#53
01-04-2021, 05:31 PM
#54
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01-04-2021, 07:29 PM
#57
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Getting some PM's and leads on some boats that would fit my needs. Looks like they are out there, just not advertised here.
On that note, I am going to wait a couple months and see what happens with politics and the economy. I spoke to my brother and he thinks I'm crazy to buy another boat right now and I should invest the money in gold or even Bitcoin. He bought a bunch of Bitcoin in September and it has more than doubled since then. I could invest, even short term and make enough to buy a boat on the earnings and keep the original investment going. Maybe give it 6 months and see what happens.
On that note, I am going to wait a couple months and see what happens with politics and the economy. I spoke to my brother and he thinks I'm crazy to buy another boat right now and I should invest the money in gold or even Bitcoin. He bought a bunch of Bitcoin in September and it has more than doubled since then. I could invest, even short term and make enough to buy a boat on the earnings and keep the original investment going. Maybe give it 6 months and see what happens.
sadly you missed the chance to invest if you haven’t done so already...everything is stretched to the Max right now. it’s a risk on environment. Might be fooling yourself with making substantial gains in the next 4-6 months.
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underpsi68 (01-05-2021)
01-04-2021, 08:08 PM
#60
Registered
Why did this go for part out ?
1994 32 fountain part out
1994 32 fountain part out
