Boating Bubble?

Discussion in 'General Discussion' started by Golfman25, Jul 4, 2020.

  1. paulswagelock

    paulswagelock Well-Known Member

    Oct 25, 2010
    pa
    2018 SDX 270 OB 300 Verado
    Verado 300
    3 used wake boats were put up for sale from owners at our marina this week. All in the $30-50k range. All sold within 3 days, the quickest in 12 hours from listing. It is a bubble here for sure.
    The dealers around here are out of new boats and stopped negotiating prices early spring, full msrp and the sold them all.
     
  2. Espos4

    Espos4 Well-Known Member

    Jan 1, 2017
    Long Island NY
    2007 240 Sundeck
    350 MAG Bravo 3 W/DTS
    There are a lot of posts on this site from new members with problems with their “new to them” boats. Seems like some jumped into the purchase without a proper survey and basically bought someone else’s “problem boat”

    Throw in the looming winterization process and costs and I think you will see many boats available for sale come late September. Probably not the new boats that sold so quickly this year, but the 10-15 year old boats may be plentiful this fall.
     
  3. El Capitan

    El Capitan Well-Known Member

    Jul 9, 2014
    Chicago IL./Vero Beach, Fl
    1970 SRV 180 w 2.5L Mercruiser.
    2000 Ford Expedition Eddie Bauer
    120HP Mercruiser
    Agree ^^ 100%. All the boat forums are inundated w first timers asking basic questions.

    Wait till they figure out the bad news.

    I’m trying to figure out what I want vs what my family would enjoy most but come November/December I’m expecting to purchase at value vs inflated prices.

    I’ve also heard some dealers are racking on $3k-$4k in dealer prep fees for sport boats which amounts to a wash, check oil level and trailer tire pressure. Pfff.
     
    Fly4Kix likes this.
  4. Zach312

    Zach312 Active Member

    638
    Jan 23, 2011
    St. Paul, MN
    2008 Sea Ray 48 Sundancer
    Cummins QSC 540's
    We still have 3 months of boating and at least two months of that is really good weather
     
    SeaNile likes this.
  5. SeaNile

    SeaNile Member

    418
    Aug 16, 2010
    Chadds Ford, PA
    2005 270 SunDeck
    496 MAG w/Bravo III drive
    Plenty of good boating still to be had here in the Chesapeake Bay area.
     
  6. JVM225

    JVM225 Well-Known Member GOLD Sponsor

    Apr 8, 2008
    Farmingdale, NY
    2002 410 Sundancer, Monaco Edition.
    3126 Cats.
    Been noticing a lot more of what look to be inexperienced boaters on the water this summer. There are always some of them out there, but it seems like they are everywhere this year.
     
    Last edited: Aug 2, 2020
    Tripsdad, Shaps, dwna1a and 1 other person like this.
  7. Steve in Minneapolis

    Steve in Minneapolis Active Member

    103
    Jul 20, 2020
    Minnetonka
    Monterey 278SS - looking at purchase of 290 SDX
    350 Mercruiser with Bravo III
    You're right... I should have said 2 months. We can definitely boat until the end of September, if not later.
     
  8. Leardriver

    Leardriver Active Member

    290
    May 24, 2016
    Denver, CO
    2004 270 Sundeck 8.1 Bravo III
    5.0, 5.7, 6.2 8.1 Bravo III over the years
    I am looking for a 270 SLX, and will happily buy one during a snowstorm in October if the prices get more realistic.
     
    Kwik likes this.
  9. Blueone

    Blueone Well-Known Member GOLD Sponsor

    Jan 24, 2007
    Lake Erie, Ohio
    2004 420 Sundancer
    Cummins 6CTA 450's
    I have had 3 offers in the last two weeks for my boat....and it isn't for sale
     
    boatman37 likes this.
  10. Leardriver

    Leardriver Active Member

    290
    May 24, 2016
    Denver, CO
    2004 270 Sundeck 8.1 Bravo III
    5.0, 5.7, 6.2 8.1 Bravo III over the years
    Isn't everything for sale if the wheelbarrow full of money is full enough?
     
  11. boatman37

    boatman37 Well-Known Member

    Jun 6, 2015
    pittsburgh
    2006 Crownline 250CR. 5.7 Merc BIII
    Previous: 1986 Sea Ray 250 Sundancer. 260 Merc Alpha 1 Gen 1
    5.7 Merc BIII
    I had considered selling ours just because I could probably get top dollar now but I have everything working now and it looks almost new. In fact after a good buff and wax it looks better than a few of the 2 or 3 year old boats in our marina. Only reason would be to get something slightly bigger but then I remember how much trouble we had finding a slightly bigger one when we bought this one...lol
     

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