Old 05-13-2008, 11:58 AM   #21
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Join Date: Mar 2008
Location: Toms River, NJ
Posts: 3,055
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Boat: 24 proline cc and 33 pace express
Home Port: Forked River NJ
Best Catch: EST. Grander In Toms Canyon/ 145lb allison/ 250lb mako/58lb cobia, 1st place 1996 miami metropolitan
Occupation: Self Employed Repossession
Wish i could get good money on my boat or a good amount for a trade... seems like no one wants to be fair or give you a good price for a trade..

I had a friend of mine trade in a 1990 golden egg with about 1200 hours on it in decent shape and it was a 38' and got 140. i went to trade in my 1989 33ft pace with NEW MOTORS, NEW GENERATOR, and new everything and got stretched out to 65k.lol

Yeah sounds right to me. haha

I am trying to find a new trailerable CC but the prices are out of control!
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Old 05-13-2008, 12:23 PM   #22
I think Admin is going to let me have this space
 
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Join Date: May 2005
Location: Northern NJ
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Boat: 30' Albemarle
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Sweet f'n deal. Why would you re-power? 27' with twin 225 4-strokes sips fuel and probably still cruises nice.

Awesome boat for someone looking to get into the canyon game.
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Old 05-13-2008, 01:37 PM   #23
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Join Date: Aug 2006
Location: Manahawkin, NJ
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Boat: CONTENDER 36 CUDDY 23 OPEN 36 FISHAROUND
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Question

This boat is sold....

Its tough with trades of any sort. It depends on the demand for the boat your are trading and it all has to do with resale

If a dealer takes the a boat on trade they need to own it safely. Safe mean that the dealer can sell it right of way or are they going to sit on it for a year or two. 2 years can happen all day long.

Here is an example of how it works take a boat on trade worth 100k and sit on it for 2 years as a dealer. Now boats according to book depreciate twice a year spring and summer. 2 years later the boat has depreciated 4 times since taking it on trade a that couple thousand bucks a dealer would have made on it if it sold right away is gone. Add dealer up keep and you are way in the negative on that boat and now have to sell it at a loss.

It costs money to maintain them just as you guys have to. Every boat sitting on a lot prevents 1 or 2 boats sitting on thier lot or even winter storage or even a slip what ever the case may be. It costs a dealer money.

Pre-owned boats depending on price tag can end up on a dealers floorplan depending how liberal they are to laying a 140k out of thier pocket. So at at 140k a month a dealer could be paying upwards of 600 plus a month on a boat.

Their are certain boat lines that really do depreciate by 10's of thousands of dollars when you sign the line

A 2 -3 year old fountain is has a note of 159k ish on it and the retail value of the boat is 20 - 30 thousand less than what they own it for. Talk about shitty place to be.

To me its bullshit how a dealer or manufacturer floods a market so bad and cuts shitty deals left and right makes a penny here and there and all that does is screw up the market across the board and worse than the market itself its the owners that get f*ed by them doing this.

Prime example a few years ago Midnight Express dropped thier pants in pricing and are factory direct. Now the leaves the current owners in a situation of not being able to sell thier boat because you can buy a new one cheaper than what most people own thier boats for. Azzhole move if you ask me.

I can rattle off a list of boats you do not want to buy because of this. Plenty of them are bad ass rides in some classes but wait till you have to get rid of it...Good luck

There are rhymes and reasons why the dealer gives you what they give you. Some dealers might be trying to rip you off but reality is they need to be able to sell the boat too and its not fair to dealers to pay for someone else's problems and be stuck with a boat.

I hate to admit it but back in Feb I sold a left over 2004 Bayliner 225 BR. Yes a 4 year left over that sat on the lot for 5 years. It cost them a fortune to fix up covers and cushions sun faded and destroyed. Not sure if it was on thier floorplan. I know dealers that have 2006's still sitting on floorplan. The Bayliner is a lower quality boat very cheap and but a very practical price to 1st time boaters. It floats and gets to point A to point be and gives the family enjoyment and it was exactly what fit them across the board financially.

There is a story about the above 27 which is harmless to anyone that has had strong interest in the boat. There was not a single thing wrong with it and if I had the money I would of bought sight un-seen and no survey just bring her to me.

With boats the higher the price tag you pay, is normally a higher tier of boats that hold high resale (sometimes), and normally better quality across the board. There are some out there that have high price tags that a 100% junk, just trying to run with the big boys.

Its not like a car... you buy a ford or a chevy and that ford or chevy will get you to point A to point B and depreciate the same and resale is also equal

Now you buy a boat it changes across the board you can buy 2 boats of equal class and your end result will be different mainly resale and longevity of the product. Problems throughout ownership

To give you an example of it I will use my Contender stock market knowledge 33t's released for 2006 has well over 200 boats out there to my knowledge prob 220 with all model years included. Out of those 200 boats there is 6-8 of them on the market for sale and there for your market is better and so is resale. There are no book values on the boats its market and anymore book values mean nothing to anyone other than the banks and financing go look at any other fish go fast centers and see what is what.

Hope this helps some and if you have any questions give a yell or post up.
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Old 05-13-2008, 02:01 PM   #24
I think Admin is going to let me have this space
 
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Join Date: Mar 2008
Location: Toms River, NJ
Posts: 3,055
Credits: 6,258.0
Boat: 24 proline cc and 33 pace express
Home Port: Forked River NJ
Best Catch: EST. Grander In Toms Canyon/ 145lb allison/ 250lb mako/58lb cobia, 1st place 1996 miami metropolitan
Occupation: Self Employed Repossession
Mary,

Totally understandable.. Just see the depeciation run low on all types of boats.. I mean 4 year depreciation of a 160k purchase down to 110k is a hell of a depreciation.. That is 50k in four years.. All the contenders are doing that.. you buy a 33t not is is what? 190 200k?? go on yacthworld or any other places and you can get them for around 120k or so.. that is a large depreciation for that..

Now why buy a go fast CC if you are looking for the depreciation.. i could care less about that as you can tell since i got a 65k trade.. I know it is hard to take but my boat is not a hard sale.. just needs someone with the resource to sell the boat.. i mean these guys are buying gas boats these days burning more fuel than mine..I am burning around 18 total or less with twin 315 yanmars in a 17k lb boat!! that is good.. the problem is the selling power of a boat without a brand name people know..

people hear pace and think pacemaker.. but is isnt.. it is an egg harbor hull..

I think the problem is some NJ dealers.. no offense to any of the ones i have not spoken with but some i have are not as willing to make deals.. It is like buying a car.. you got to sell me the car to live.. i do not have to buy it..

Do not give me a number like 180 and then come back 1 week later at 160 for the boat.. even though you save me 20k i will walk away.. give me your best shot first.. I do not haggle nor do i feel i need to..

The boats are worth what they are worth and no matter what price someone else would give us a better price to make the deal!

I do not want to be pushed into a boat that i do not want. i want to check out boats, and obviously get the best deal..

The mark up on boats is not that bad so i know there is a lot of rooms to play with.. It is just like cars, boats have tissue pricing too.

It is just me venting. sorry to hijack mary. lol hhaha
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