I wouldn't even consider an offer of $40k for my 1996 Champion. Why would I want to put up another 20-30k for a slightly used boat when mine has every upgrade any newer model would have and looks like it came off the showroom floor?
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I wouldn't even consider an offer of $40k for my 1996 Champion. Why would I want to put up another 20-30k for a slightly used boat when mine has every upgrade any newer model would have and looks like it came off the showroom floor?
I have a 33 year old boat that I wouldn't sell for $25,000 as it sets rite now. 3yr. old motor, Force troller,3 Garmins, Livescope.
These add ons and upgrades ain't cheapAttachment 537823
Only 31 for me but In the same boat as you - PUN Intended!Quote:
Originally Posted by swamprat
1993 Cat with a much newer Motor, I wouldn't sell it for 25K. Been kept inside. I purchased it in 1996!
https://www.bbcboards.net/attachment...4&d=1702042641
Attachment 537824
Mine is a 1999 boat, motor and trailer with no updated graphs or trolling motor. I'm going to try and get as much for it as I can when I go to sell it. Not my problem if someone thinks it's priced too high, so don't buy it. Sooner or later though someone will bite when comparing what you get to what it costs to get something newer.
Some of y’all have no worries about getting that offer.:laugh:
Because you have to look at what it cost to replace it.
Could be the upgrades, but just like trucks, at some point the value really doesn't drop anymore. It used to be, you could get $1,000 out of any truck as long as it was running. Now it is around $5,000. Same thing with some boats. If it is 20' has a motor that checks out and upgrades like new trolling motor, electronic and shallow water anchors, it is going to be worth 10 to 15 depending on a few other factors.
My 2003 has a 2023 SHO on it, 2023 seats, 2021 trailer, 2022 power poles, 2023 Ionic batteries, 2021 graphs (x3), 2022 active target, new wiring harness in 2020. 2022 carpet and padding.
It is absolutely upside down in value.
Condition is what matters in that range.
There is a reason why some guys have had boats listed for a year or longer. There are plenty of buyers but they are sentimentally attached to their boats and have them listed at inflared prices.
Offers are not a concern.....you could basically say it's not for sale. :thumb up2:Quote:
Originally Posted by dean c
I understand.:thumb up2:Quote:
Originally Posted by BalsaBee
I bought a 2000 Skeeter ZX 195C with 200 Yamaha outboard for 15 K and had it shipped from Missouri for another thousand in 2018. That boat at that time had no electronics and a crappy trolling motor on it I have since added a Fortrex and a 12 inch Garmin Forward facing sonar unit, as well as a 10 inch hummingbird at the console. The boat has been kept in a garage almost its entire life. It’s still has a show room shine …..I will get close to 18,000- 20,000 for it today….. in fact, there are a few boats in my bass club that are less than 10 years old that are in worse shape, appearance wise than mine. Additionally, the boats from 20 years ago were built way better than the ones today. And lastly with the new ones costing ridiculous amounts of money a $20,000 boat that looks new is way more appealing than a $75,000 boat
Ditto that comment but substitute 2006 201 Stratos for me.Quote:
Originally Posted by pantherdad
Really? Wasn’t that about the time the EPA made manufacturing change resins resulting in tons of hull blisters?Quote:
Originally Posted by creekchub
All depends on how desperate the buyers are. To get into the game, is it better to overpay for a used boat or pay the price on a new one? Each person's answer will be different as we are talking about tens of thousands of dollars difference between the two scenarios.Quote:
Originally Posted by BalsaBee
When new boats were 40-50k nice older boats were 10k. It stands to reason now that new boats are 90-100k the right nice older boat would get 20k. With the composite construction the boats are less prone to hull issues. I look at it if I spend 20k for a solid boat with good electronics and TM, my only risk is the outboard. If it blows up i'm out another 25k,,,still half the price of a new one. Bottom line is the difference between a good used boat and a new one. Maybe I've been lucky but since the boat manufacturers started all composite construction I have not had 1 problem with the hulls unless I did the damage myself. I think we will see a lot more repowering going forward and that will make the nice older ones only go up more as more will choose to keep them.
Finding someone to insure an older boat with those values is your greatest challenge.
Quote:
Originally Posted by creekchub
I don't see a blanket statement of boats were built better 20 years ago. I've owned a fair number. Newer boats are built very, very well. I feel like my 2021 is built as good as any I've owned.
the older used boat prices have followed the new boat prices up now the used older market has started to go down the new boats wont because the cost is baked into them . the bottom line is that most of the folks that have been trying to sell used boats for over a year the price was too high to start with an it has taken a big hit since then it will be a rough ride for the boat an rv business. there have been several big dealers go out an if their sales were good this wouldnt happen.