R COVID pricing premiums receding?

[larry_arizona]

Billionaire media owners shaping our country.

It feels like sky net from Terminator......

“Listen. Understand. That Terminator is out there. It can't be reasoned with, it can't be bargained with...it doesn't feel pity of remorse or fear...and it absolutely will not stop.Ever. Until you are dead.”


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[MJHSupra]

It's a disgrace that the media does not report more about the big tech companies (Google, Amazon, Facebook, Airbnb, Lyft, LinkedIn, Microsoft, etc) taking the new positions in senior roles at government agencies.

Now it will be back to Crony Washington Insiders feeding from the Public Food Trough.

Cable news channels and Media will take a big hit in the coming years. Joe Biden is so darn SCRIPTED and CONTROLLED nobody will be tuning in, thus they cannot sell Advertising. They are already saying they will not be as hard on Biden as their hatred for Trump . . . come on, what the h&ll kind of journalist says that?

[larry_arizona]

It's a disgrace that the media does not report more about the big tech companies (Google, Amazon, Facebook, Airbnb, Lyft, LinkedIn, Microsoft, etc) taking positions in new senior roles at government agencies?

But now it will be back to Crony Washington Insiders feeding from the Public Food Trough.

Cable news channels and Media will take a big hit in the coming years. Joe Biden is so darn BORING and SCRIPTED nobody will be tuning in. They are already saying they will not be as hard on Biden as their hated for Trump . . . come on, what the h&ll kind of journalist says that?

Professional journalism has been dead for 15+ years.

No degree needed anymore, no professionalism, no standards, no accountability.

I would say journalists are near bottom of the list of respected professionals.


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[j.mo]

I'm not sure which is worse... 78 year old guy with dementia that won't make 2 terms OR the 3 year old child pouting and throwing a temper tantrum in the white house currently.....

it's a REAL sad state that of millions and millions of people in this country, these are the best 2 to represent us.....

Y’all are starting to give me WakeWorld ptsd


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[2in2out]

Yeah, go look at Only Inboards again and let’s get back to the point of this thread. Used boat availability is nil. What is there is 10% more than it was last January. The stock market is still rolling, house values are going up steadily, rate are low. Inflation is occurring under our noses, and anyone pulling in greater than $175k in joint income is making it rain, because the can’t travel, eat out, etc.

No one can predict with any certainty tomorrow based on the information of today. Read Nassim Taleb’s The Black Swan, and you’ll see how little we actually know about economies, risk, and human influences on markets. Nothing right now makes economic sense, and a lot will be gleaned in hindsight.

On that note, used boat prices suck right now. Glad I got mine when I did, but I should’ve ordered a new boat because of the longer warrantees and the equity of a transferable warrantee. The technology equity is negative, and warranty equity is all we have.

[sandm]

go look at Only Inboards again and let’s get back to the point of this thread. Used boat availability is nil. What is there is 10% more than it was last January. .

filter on anything 2020 or older as lets be real, no real leftover market right now. there's over 1400 used for sale which leaves around a grand in 2021 inventory listed and looks like around 4-500 are dead ads that were never removed.. that's a decent assortment and I would guess it's 50-60% of a "normal" market as I would wager of the 5-5500 that used to be listed, 2grand of those were dead listings that had been sold and never deleted.
prestige, and I know you know the dealership well, are not a small dealership. they have had the same 2 skiers boats and same 3 tiges for sale for over 3 months now. I look every week to see if they peddled or lowered the price on my cousins boat. in june those would have been gone in 24hrs and his has had 1 price drop already.

if you're in the market, there's boats to buy and deals to be had but still a lot of overpriced paperweights out there.
2in is right in that the higher wage earners are driving the economy but my gut is those that wanted boats are in them or deposits on and although there will still be increased demand, it's not going to be a repeat of 2020.

the crowded lakes will drive some that got into it to get right back out. some parts of the country can't support much more growth on the available waterways and it'll make some rethink boat ownership.

[larry_arizona]

I do have concerns about crowded lakes this summer.

Just need to get out on the lake early


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[sandm]

I do have concerns about crowded lakes this summer.

Just need to get out on the lake early


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how is it in your neck. in wisconsin we never had an issue at the small ramp we launched at. here the line starts growing at 8am in the summer. by 9 expect a decent wait. boise we were good as long as it was before 9 as well.
we usually pull out around 2 as it's 115 on a hot day by then and we are usually waiting 30 minutes to leave from those still dropping.

[larry_arizona]

I have one lake with zero traffic, one with moderate traffic and one that is full by 10am.

The busy lake had no DNR workers tending it last season and when the parking was full it would log jam.

Typically if there was a state employee working, they closed the parking lot to prevent a ramp log jam.


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[BizzyC]

filter on anything 2020 or older as lets be real, no real leftover market right now. there's over 1400 used for sale which leaves around a grand in 2021 inventory listed and looks like around 4-500 are dead ads that were never removed.. that's a decent assortment and I would guess it's 50-60% of a "normal" market as I would wager of the 5-5500 that used to be listed, 2grand of those were dead listings that had been sold and never deleted.
prestige, and I know you know the dealership well, are not a small dealership. they have had the same 2 skiers boats and same 3 tiges for sale for over 3 months now. I look every week to see if they peddled or lowered the price on my cousins boat. in june those would have been gone in 24hrs and his has had 1 price drop already.

if you're in the market, there's boats to buy and deals to be had but still a lot of overpriced paperweights out there.
2in is right in that the higher wage earners are driving the economy but my gut is those that wanted boats are in them or deposits on and although there will still be increased demand, it's not going to be a repeat of 2020.

the crowded lakes will drive some that got into it to get right back out. some parts of the country can't support much more growth on the available waterways and it'll make some rethink boat ownership.

I personally don’t think we’ll see a big change in 2021 compared to 2020…whether it’s inventory, pricing, busy lakes, etc.

All the things that drove people to the lakes in 2020 – no vacation, pool memberships, summer camps, etc. aren’t going to be back to full business as usual in a few short months. Also, spending will continue with new stimulus checks, low-interest rates, etc., couple that with lagging supply chains and low inventory and pricing for luxury goods will still be at a premium.

I believe that after next summer (2022) when we’re hopefully back to some level of normalcy and people then realize the boat didn’t get used that much, the lakes are too busy, etc., we’ll see more used inventory, which will slow down demand for new, potentially lower pricing, etc.