Man, what happens when the upcoming recession hits and people see their 1-year-old boat lose half its value?
Man, what happens when the upcoming recession hits and people see their 1-year-old boat lose half its value?
BassCat-illac
FastCat Fishin Team
If you aint first , your last !!!
All fat girls welcomed !!!!!
Looks like the Fed will continuing to raise interest rates which is only going to increase the total cost of the purchase. If you’re ready to buy, I’d get locked in to a loan now.
Wonder how a poor economy/ reduction in demand for bass boats will impact pricing?? I’m guessing BCB will strategically reduce the volume of inventory to align with market demand, holding pricing where it needs to be. Let’s hope we avoid a major recession. I’d rather pay more for a boat than deal with another 2009.
There is lots of speculation on the coming of a recession. While none of us know the outcome last week a Bank of America contracted independent analyst group informed us that they do not see recession for at least 3 years. No matter what any of us think, this group has missed zero predictions and have forecasted every downturn since WWII.
They could be due to miss one, however haven’t yet. Of course you can all convince us there is one on the dawn of the horizon.
Talked to the dealer I trust most today and he helped me understand what his rep is telling him on the 2023 pricing. Looks like it may still be a possibility for me. Decisions decisions! :D
2023 Puma STS
2022 z519 cup 225 merc 4s ser # 3B210484. 2--hds12 live units. 2 poles, atlas plate, ghost, hamby's, active target, merc digital gauges
2002 basscat pantera 3 (dad bought new) sold 8-2-22
2000 stratos 20 ss (bought new) 200 hp Rude ficht great boat/motor sold 11-21
pulled by a 2500HD Denali
proud dad of an ARMY Captain
MAGA
ASE/GM Master tech before tools
Dont see it happening, government will just keep pumping inflated money into the economy. If it does collapse the loss on your bass boat is the least of your worries. Who cares about half price bass boats when a loaf of bread is $100. I foresee only 2 scenarios, Full total collapse and North America becomes a 3rd world contanent (very possible) or the average personal income is $200k a year.
after pricing out new boats including $107US k bass cat I went lightly used cougar. If the new 2023 rigs go up 15% so does my used rig. I sold my 2013 ranger last month and made $5000 on it....
Very good analogy, no matter if you are buying a 2023 model or a 2003 model. No one will be selling their used boats at 2019 used boat prices pre-pandemic. The escalation in Used boats is due to demand and inflation on new boats. Affordability becomes a point and the American consumer has more cash on hand (actual cash) than at any time in our history. The younger generation that’s working now is slated to be the wealthiest generation in our history. As with anything and any family, some things are affordable and some are not. And some things are just conscious decisions. If no one buys new boats watch the price tag on those used boats rise even higher one day. It has done this in the past.
I seriously doubt it.
https://www.truthinaccounting.org/ab...SAAEgJFJvD_BwE
There was a time that I didn't fish but I cannot remember it.
Simply speculation here... They all use the same motors, electronics, etc.. I'd imagine that most of the products in the boat are fairly similar across the industry. I'm in the computer industry...it's very similar for us. There's a few manufacturers that supply all the parts for all the makers.
Engines, electronics and similar branded items are the same. We do install more components and mounting hardware than other brands offer. We have some production items that are also the same. Many of our internal products are unique, just as they are between various computer brands, whichs why many in your career won’t buy a certain brand of laptop. Those same price and quality choices exist in boat manufacturing.
Bass Cat Caracal STS / Mercury 300 ProXS
Jayco Northpoint 377 RLBH
GMC Denali Ultimate DRW
#ChargeOn #HereWeGo
Bass Cat Caracal STS / Mercury 300 ProXS
Jayco Northpoint 377 RLBH
GMC Denali Ultimate DRW
#ChargeOn #HereWeGo
Hopefully everything works out between you and said "Trusted Dealer"!
If you continue to run into road-blocks in terms of getting pricing/ordering a 2023. Shoot me a PM
Local is always better and I would like to remain out of the situation entirely.
But, we have to cater towards customers in this time of price increases and long production times, therefore I find it a little bit crazy that a dealer won't price a 2023 right now.
Thanks again,
Sam - BoatWrX
It's every boat manufacturer. I sell boats at Miller's Marine. Every one of our manufacturers are either updating their 2023 pricing or have just completed their 2023 model year pricing. The ones that haven't completed their price updates have told us to NOT quote pricing for new boat orders. All have stated there will be a 8 to 13% price increase. All price updates should be completed by months end. 2023 model boat production has started in most cases. We are still taking new boat orders for the companies that have not firmed up pricing, we are extremely open and up front with upcoming manufacturer price increases, we try to estimate them as best we can when working with the customer. Once the finalized pricing is released by the manufacturer and the customer feels it is too much for their ordered boat we would refund the customers deposit.
Last edited by BassCatBrad; 06-05-2022 at 08:03 AM.