Actually these days it's quite "normal."
Man are boat prices going up
- Thread starter BillK2632
- Start date
2016FLD
Active Member
No wonder it sold so fast, that's a very low price, even with a seized motor! Just sold my 85 260 in 2 days for close to that price.
Pirate Lady
Well-Known Member
Trying to be humorous so don’t take it personal BUT there is ALWAYS something wrong with the boat. From the day it comes out the mold.
Pirate Lady
Well-Known Member
Wife works in the car dealerships, (not sales) the dealers are dying for clean used cars, paying top dollar cause they can get top dollar at resale.
Pirate Lady
Well-Known Member
I digress on this, if this guy realizes what he doing and knows what he in for. Last year I had major medical issues winter and spring. Bought ours in May, didn’t take launch til mid June, knowing it needed a few things. So we spent most of summer addressing cosmetic issues, and enjoying the boat close to port. This winter we had the engine, bravo, canvas done, now I got a boat I have full confidence I can go anywhere and not get towed home. You got to look long term. Maybe apples and oranges to this guy. We knew we could afford and knew every nut and bolt that needed repair, replace, upgrade and had a plan.I don't know. I overheard a conversation at the yard yesturday (I was painting my boat directly in front of theirs). New boating family. Last year bot a late 80s 30+ foot Wellcraft I think. They where there with the service manager going over a "quote." Both drives off. All kinds of play, possible gimble replacement, etc. etc. New AC install. They were looking at "big bill" and trying to knock it down so they could "afford" it. So here he is, a week before Memorial day, trying to figure out what needs to be done and probably doesn't realize the yard is probably a month out to evern touch his boat. He'll be lucky to have half a boating season. I think a family trip to Disney seems much more appealing.
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As the owner of a very old boat I get it. But this guy was in over his head. Unlike you, he didn't spend the winter getting everything fixed. He's doing it now and suffering from sticker shock. My point is, he is probably not the only one. And then throw in $4.00/gal marina gas and I think some Covid buyers may head for the exits. Just like they have done with all the pets they adopted and are now returning.
Pirate Lady
Well-Known Member
I agree with that for sure. Some folks think they are just buying a "fancy second car" have no clue the involvement. I got out of it for 8 years; got burned out with the constant maintenance, upkeep, and expense.
Nick 55
Active Member
My parents recently sold their 98 450DA which I’m happy about but we’ve been toying with finding a 19-21’ bow rider of some quality brand. The 98 Sea Ray listed locally sold in a day before I could look at it and I’ll be honest, I could see there being a glut of used boats on the market when marina gas hits $4.50-6 a gallon this summer. I have a brother in law that bought an 89 Wellcraft cuddy for $1500 and the engine was seized, the previous owner tried working on it and left the ignition switch unhooked under the dash, and a small list of other issues. He rebuilt the engine and has been running it a couple weeks now. I told him to sell it and put the money away because he could really use a nest egg but he’s keeping it to use with his girlfriend an 1 year old kid. Too bad he doesn’t realize the gold mine he’s got right now.
TTG
Member
- Dec 24, 2019
- 95
- Boat Info
- 2003 360DA
Mastercraft Pro Star (ski boat)
Checkmate 185 (river boat)
- Engines
- Twin 8.1 Inboards
Crazy market for sure. I’m torn, or at least was. My boat wasn’t for sale (famous last words) but had an offer on it that was good. I don’t want to sit on the sidelines and guess the market when my girls and wife love being on the boat. I’m not going to fret over fuel prices for a boat I already don’t use for half the year (I’m in WI). Our marina is approaching $5 per gallon.....no retail boat inventory left to sell...and the rental/gas dock is busier than ever. If someone else can time the market and hit a home run, good for them. Buy to sell high and buy high or be dry docked...jeez. Not worth it. I‘ll be watching from the water.
A boat dealer called to see if the 39 Express was still for sale? "As can be seen in earlier posts it was taken off the market." He said he had an offer on the boat and was wondering if I would take it. It was a lowball offer. I said to start with there are alot of upgrades on this boat that most other 39s don't have one for example is a 4000 watt stereo system worth well over $5000. He said the buyer is not interested in the stereo. I then said this is not the boat for him.
tdschafer
Well-Known Member
Whoa!!
Little Ducky
Well-Known Member
- Jun 5, 2017
- 2,655
- Boat Info
- 1998 290 Sundancer
- Engines
- Twin EFI 5.0L w/Alphas
Kohler 4kW
What is a good reference for used boat pricing to see how much a boat is worth?
NADA or is there another source folks are using?
https://www.nadaguides.com/Boats
NADA or is there another source folks are using?
https://www.nadaguides.com/Boats
Ididntdoit
Well-Known Member
Just double what the boat was selling for 18 months ago.....then add 10k
mrsrobinson
Well-Known Member
I always contact a broker I trust and ask for sold comps. He sends me a list of sold comps in the area for the past 1-2 years. Now, in this market...
Black Valkyrie
Active Member
Getting a survey next week. I've had a few people tell me my lowly 1993 270 dancer is minimum 50k here in the pacific northwest. I find this hard to believe. Will find out next week.
mrsrobinson
Well-Known Member
What a bargain ;-)
2004 Cruisers Yacht 320 Express (love the cabin on those) with twin 5.7 inboards, $75k. These were selling for upper 50s 1-2 years ago.
Pirate Lady
Well-Known Member
I got a boat with a new interior. A great Bravo 1, original engine with 520 hours, all new canvas, and everything works. I got 2 tiki bars i can putt to and 3 resorts i can go to short haul. I really dont care what price gas gets to. I still be cruising when most are selling.and its paid for.
