End of season prices dropping?

[erikgreen]

I dunno about you guys, but I'm starting to see lower prices for used boats in the usual places... I think we've reached the part of the year when people trying to get 90% of what they paid for a boat realize they're going to have to pay to store it if they don't get rid of it...

Anyone seeing the same thing?

 

[Rickairmedic]

Re: End of season prices dropping?

I havent noticed any drastic drops here yet but we still have a good 2 months of the season left here ( although it would be hard to prove it by our weather ) .

Rick

 

[erikgreen]

Re: End of season prices dropping?

We really do too, although we're slowly sliding into the cooler part of the summer I think.

It just seems like in the last week there have been a ton of for-sale signs, posts on craigslist, etc. and the prices are sort of reasonable.

Erik

 

[Rickairmedic]

Re: End of season prices dropping?

LOL Thats the economy I dont think it has anything to do with the season . I have picked up 4 boats this summer due to people needing money for something other than a boat . What I see alot more of now than I have in the past is the High Dollar toys up for sale ( House boats , Large Cruisers , Big pontoons ) That I know has to do with the economy.

Rick

 

[Boss Hawg]

Re: End of season prices dropping?

Nope- but i live in Texas -
We have summer & a little bit of Winter

 

[redfury]

Re: End of season prices dropping?

I've noticed it on Craigslist. Boat motor prices are becoming a little more reasonable, though there's always going to be the guy asking way too much.

Saw an 1982 115hp Mercury for $1500 and a video demo...thing fired up so easy, the owner was shy of turning the key for fear of overrunning the starter purred like a kitten and claimed 150 psi on all cylinders. I'd have been all over it if I had the money available for a motor....

 

[werthert]

Re: End of season prices dropping?

I hope you guys are right, cuz I'm looking the next two weekends...
found a 1998 Sea Ray 310 w/new crated engines, he's asking $54K. And a 1998 Rinker 330 Fiesta Vee asking $52K. Based on my measly month of research, these are the best prices above 30' I've found.

 

[Jonathan3206]

Re: End of season prices dropping?

Nope- but i live in Texas -
We have summer & a little bit of Winter

Same here... People are saying it is cooling down.. Hell it has not even started to be the worst part. It is only July...

I remember October 31 in the upper 90's lower 100's.

 

[erikgreen]

Re: End of season prices dropping?

The thing I've noticed is outboard prices are approaching reasonable... beginning of the season people were trying to sell a 10 horse for $500-$700, now they're down to $250-450.

Of course, I still don't have money now, but it's nice to see

Erik