I think the terms that lenders are willing to write up has a lot to do with prices of everything, especially hobbies like boating. Manufacturers know this as do dealers and private sellers. That with a black hole of performance boats made from 09-15 has prices through the roof. Once banks start reeling terms back in the prices of boats and other hobbies will follow.

I see a lot of people wanting to buy used boats and there just aren't any out there, or the ones that are available are at ridiculous prices as noted in earlier posts.
I'm talking 21' - 25' boats...runabouts, cuddy cabins...just not out there.
I'd decided to put a price of $12,800 on my '92 Baja 208 last year when I made the decision to sell it this year, now I am thinking I'll bump that up a few thousand, just to see what happens.

+1. I would add that the used boats that are likely to be hard to finance like a 15+ year old any performance boat is not really moving very fast.

Now I saw a 23 Kryptonite pop up for sale on facebook the same day it was listed and the next day sale was pending. Of course the price was within the range that many could afford to pay with cash.

I always say gas is the cheapest part of boating. If you can’t afford $600 of premium you should not be boating. It’s an expensive sport that I love😎

Not True. You actually have it reversed. They're done busting their ass for little reward, they're finally getting the money they need to run the business properly and enjoy life.

Inflation is the ultimate goal, high taxes, regs, You voted for it, now you got it...

Speak for yourself... I didn't vote for this crap!
:flag:

Well, "supposedly" quite a few voted for this... if not, ahhhh never mind.

Sounds like the used market is thin enough that the older I/O sport boats could get interest from buyers again? Finally, I can explain to the wife that a refresh of the 18 year old Velocity is a sound financial decision...really honey “it will go up in value.”

Lumber has went insane. Were in hyper inflation in real time. Logic and reason are out the window.



The more you make the more they take.