boat market 2024

I know we can get that averaged over the long term in the stock market, but if you have a relatively low risk way of getting 8% return, I'm all ears.

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Originally Posted by BigOrange

I know we can get that averaged over the long term in the stock market, but if you have a relatively low risk way of getting 8% return, I'm all ears.

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401k


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Originally Posted by larry_arizona

401k


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Especially if your employer matches. That's free money!

I have some close friends who work at Mercury- From a boat market perspective the 150HP and lower HP range markets have completely crashed- Layoffs on those production lines. The 150 HP and up continue to stay strong.
Obviously the affluent folks are still buying, but everyone else no.

I personally will likely never buy a new wakeboard boat…We bought new in 2021 and are now priced out of the market (not because we can’t afford, but because I won’t spend $100k + for something I use 20 hrs a year).

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Originally Posted by brad460

I have some close friends who work at Mercury- From a boat market perspective the 150HP and lower HP range markets have completely crashed- Layoffs on those production lines. The 150 HP and up continue to stay strong.
Obviously the affluent folks are still buying, but everyone else no.

I personally will likely never buy a new wakeboard boat…We bought new in 2021 and are now priced out of the market (not because we can’t afford, but because I won’t spend $100k + for something I use 20 hrs a year).

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Pretty wild only use your boat 1 week a year lol

I put 20 hours on my boat from august 2022-October 2022 while I trailered it. I only put 30 hours on my boat this year, but used it April to November. I have it on a lift now at my dock, so I put it in the water, fill ballast, ride in the cove next to mine, drain ballast, back to lift. Take family cruises around the lake as well. But, I don’t have to drive all the way across the lake from ramp to cove.
I also have a 11 month old and a 3 year old so it’s hard to get out more than 1-2 times a week.

To the OP, prices are out of hand. Too many unneeded comfort features, high interest rates, and inflation are the main issues in my opinion.

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Originally Posted by mgswake

I put 20 hours on my boat from august 2022-October 2022 while I trailered it. I only put 30 hours on my boat this year, but used it April to November. I have it on a lift now at my dock, so I put it in the water, fill ballast, ride in the cove next to mine, drain ballast, back to lift. Take family cruises around the lake as well. But, I don’t have to drive all the way across the lake from ramp to cove.
I also have a 11 month old and a 3 year old so it’s hard to get out more than 1-2 times a week.

To the OP, prices are out of hand. Too many unneeded comfort features, high interest rates, and inflation are the main issues in my opinion.

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When those kiddo's get to be pre-teen to early teen ages, you will be putting on almost 20 hours in a weekend with them and their friends! Trust me!

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Originally Posted by brad460

I have some close friends who work at Mercury- From a boat market perspective the 150HP and lower HP range markets have completely crashed- Layoffs on those production lines. The 150 HP and up continue to stay strong.
Obviously the affluent folks are still buying, but everyone else no.

I personally will likely never buy a new wakeboard boat…We bought new in 2021 and are now priced out of the market (not because we can’t afford, but because I won’t spend $100k + for something I use 20 hrs a year).

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That has been the story for most of the year tho. The “ inexpensive” stuff has been sitting more and the big dollar stuff is still relatively moving. That was the story I got when i was out the boat show in march. It took my local dealer 6 months to sell the boat I was going to buy in march because we couldn’t agree on a reasonable price. Now they have 23 still on the ground with 24s rolling in.

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Originally Posted by mgswake

To the OP, prices are out of hand. Too many unneeded comfort features, high interest rates, and inflation are the main issues in my opinion.

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spot on imo...