daddyox
Member
Not sure if related but it sure seemed as though tow boats and the coast guard were plenty busy this weekend in CT
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
We are part of a little different crowd with no kids but in the past 15 years I don't remember taking a vacation that did not cost under 20 grand for a week plus. These were once a year and usually involved international travel of some sort and the wife don't fly in coach for vacation so there is half of the cost right thereGeez. 2 $20k vacations a year? Most people around here don't even make $40k/year. Granted those people don't have big boats but typical vacation for me and my wife might be $3000 max. Our last vacation was about $3000 and we wouldn't be doing 2 a year. Heck the last major vacation we did was a cruise in 2012...lol.
Don’t get caught up believing boats are an investment. Flipping boats is about as profitable as flipping old VCR’s.
It happens. My FIL’s friend got a new Sea Ray for his son. They decided they didn’t like boating and got rid of it after a season.Every day I lean more towards buying new in the Fall. That is unless some newbie decided he doesn’t like boating and puts his 2020 vintage up for sale at 20-30% depreciation.
I disagree.... there is a depreciation curve that you need to figure out that flat lines for 4 or 5 years.... if you can buy below that price you will not lose and potentially make a few bucks... I have been doing this for 30 years and never lost a dime on a boatDon’t get caught up believing boats are an investment. Flipping boats is about as profitable as flipping old VCR’s.
Lots of things are priced out of reality. But they sit. Buyers aren't stupid crazy just yet. They jump hard on reasonably priced boats though. Last boat I was interested in had 3 prospective buyers, all of us where at +/- $1000 of the same price.Here's an example of inflated pricing on old SR's.
https://milwaukee.craigslist.org/boa/d/fox-lake-searay-225-bow-rider/7155181775.html
The Nada even regionalized is $8k +/-. I know nada isnt the pricing bible but $15k for a 1991 is out of reality.