Early predictions for 2022

[mgswake]

Agreed, They are getting a little too close IMO.
A loaded out mojo vs a base SA is not that big of a jump anymore.

I think they are going after new boat buyers with the Moomba brand because people are willing to pay it. Also, I’ve said this before; boats manufacturers are doing the same thing colleges did. Longer and larger loans ie 30 years, great we can just raise prices without any downward pressure.

I wish 10 years was the max you could take a loan on boats.

[TXSurf4]

<cue sad trombone> whomp whomp

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LOL!! I have the most up to date software already which I love so I am hopeful

Moomba only on software retro

Is the software update good for all boats with the 7" screen (ie 2019 Makai LOL) ?

[sandm]

I wish 10 years was the max you could take a loan on boats.

this would have driven a couple builders out of business and would not see all the "tech" that we see in them currently.
flip side is the average middle class family could still comfortably afford one as I don't think pricing would be where it is. with pricing in the mid-upper 100k's and if pricing continues to climb, 30 year will be on the horizon. you are at that point just renting it, not that most in 20 year notes are not doing that already.
when the market corrects(don't see a big one but it's coming), I suspect we will see a change in financing. current toy lending market kinda reminds me of the housing market in '08 with long notes, little to no down and everyone buying on payments, not price.

[larry_arizona]

this would have driven a couple builders out of business and would not see all the "tech" that we see in them currently.
flip side is the average middle class family could still comfortably afford one as I don't think pricing would be where it is. with pricing in the mid-upper 100k's and if pricing continues to climb, 30 year will be on the horizon. you are at that point just renting it, not that most in 20 year notes are not doing that already.
when the market corrects(don't see a big one but it's coming), I suspect we will see a change in financing. current toy lending market kinda reminds me of the housing market in '08 with long notes, little to no down and everyone buying on payments, not price.

Interest rates are still absurdly low. 3.49 on a 20 year.


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[uniwarking]

Interest rates are still absurdly low. 3.49 on a 20 year.


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Where are you seeing those interest rates? I have no desire for 20 years but I'm seeing higher rates on 10 year loans!

[larry_arizona]

Local Michigan based credit union, but you need to prove Michigan residency.

Michigan first credit union



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[mgswake]

this would have driven a couple builders out of business and would not see all the "tech" that we see in them currently.

This is one of the reasons I loved Moomba. It was a budget line boat. All I want is a wake machine. Perfect pass and ballast. I dont care if the ballast fills in 5 mins vs 15 minutes. I'll sit and enjoy the water with my crew or have a beverage. I wish SC had left Moomba a little more low tech and allowed Supra to stay as the premium line. Another person mentioned a high optioned Supra vs a low optioned Moomba are geeting closer in price, that's interesting.

I guess my dreams of a new boat are shrinking by the year. A few year old used boat isn't an awful option, but I was looking forward to picking my options and colors to make a unique boat.

[larry_arizona]

Moomba is no longer a budget brand. In fact neither is AXIS, Mastercraft nxt, supreme etc.

The luxury brands have elevated and these former budget boats are mid to high level models.

Budget boat is Heyday and even their new boat is approaching 6 figures.


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[sandm]

This is one of the reasons I loved Moomba. It was a budget line boat. All I want is a wake machine. Perfect pass and ballast. I dont care if the ballast fills in 5 mins vs 15 minutes. I'll sit and enjoy the water with my crew or have a beverage. I wish SC had left Moomba a little more low tech and allowed Supra to stay as the premium line.

I am 1000% with ya. although I don't think we are the prime market anymore. all people want is bigger screens, heated this/that, 25 plugins for phones and lights everywhere even though more than half never see a night cruise....
these things are turning more and more into "look how much tech my boat comes with" than anything else.

would like to see some of the builders resurrect some old hulls that still toss a solid surf/board wave and create a "new" budget line. my gut is that will be on the plate when this current pricing market drops. it's coming at some point.

[daltong]

Perhaps dealers are not giving the same discounts currently, but doing the math, Moomba is rapidly approaching premium boat territory.

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Some are still giving solid discounts but they aren't as deep as say pre covid. We are getting roughly 14.2 % off our well optioned SA Build. We were originally going to build a mojo but it wouldn't clear my garage doors, Moomba would have been 3 % off. So we went the Supra route since the price difference was basically negligible lol