Master Craft

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Originally Posted by Holdmybeer

I see about getting beat up over a Bu....but msrp $209k....in my drive after trade for $152k. 2022 23LSV.

Truthfully my wife would kill me and that payment for 3-4 months a year, but you can see the thought process.

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Those thoughts for me are fleeting at best with these interest rates. Don't care the brand. I couldn't fathom going from a 65k Mojo, now my 100k SA to anything that's 150. Lol

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Originally Posted by Holdmybeer

I see about getting beat up over a Bu....but msrp $209k....in my drive after trade for $152k. 2022 23LSV.

Truthfully my wife would kill me and that payment for 3-4 months a year, but you can see the thought process.

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That’s a true statement. Interest rates are dumb right now.

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Originally Posted by KnoxMojo

Those thoughts for me are fleeting at best with these interest rates. Don't care the brand. I couldn't fathom going from a 65k Mojo, now my 100k SA to anything that's 150. Lol

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I'm 100% with ya. we were amazed going from a 42k supra to a 90k tige over the years and we got a STEAL on the last boat. I can't imagine paying 120k for a moomba let alone 150+ starting for a supra.
175k boat with 20% down over 20 years is a grand a month. that's a lot of scratch for a toy that most only use 50-75hrs a year. add gas/insurance into it and now your talking ballpark 15k/yr to own it.

what I find more amazing.... there's a 2023 heyday on OI for over 100k.... never thought I'd see that from a brand that was touting "affordable and easy to tow". all in that's a 110k toy.

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Originally Posted by Yzfguy06

That’s a true statement. Interest rates are dumb right now.

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What interest rates are out there?

My lender went from 3.5% to 11.5% on boats for 240 months. Pretty much says they don't want any more boat loans.


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Originally Posted by larry_arizona

What interest rates are out there?

My lender went from 3.5% to 11.5% on boats for 240 months. Pretty much says they don't want any more boat loans.


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On 240 months I’ve seen as low as 7.59. Most are talking 7.99

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Originally Posted by larry_arizona

What interest rates are out there?

My lender went from 3.5% to 11.5% on boats for 240 months. Pretty much says they don't want any more boat loans.

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is it the boat or is it the fact that it's a 240 month note?
I would suspect that most actuaries are calling out the economic environment that's building and advising against a long term outlook on what is turning back into a depreciating asset again.

our current checking bank(not the one we use for vehicle/boat loans) is at 8.99% but only goes to 15 years. they won't touch 20. my CU that does boat loans will only do 5year balloon on a 15 year amortization anymore and their rates are in the same ballpark.

I can still find 240 month rates around 6% locally, but I think you are right on banks and CU's reacting to this economy.

Next 18-24 months is going to hurt.


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Originally Posted by larry_arizona

I can still find 240 month rates around 6% locally, but I think you are right on banks and CU's reacting to this economy.

Next 18-24 months is going to hurt.


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That’s better than most. Which bank?

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Originally Posted by Yzfguy06

That’s better than most. Which bank?

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I was wrong, best local rate for 240 is 7.24%
At financial plus credit union in Michigan.


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Originally Posted by larry_arizona

Boat Market has slowed, my dealer has inventory of moombas and Supras.

160k Makai is crazy. It was mentioned above about being priced out, I am officially priced out of a Supra and damn near priced out of a moomba.


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Club Royale sold out of Supras last week. Hope your SA is treating you well!