current market

[Ralphy]

Market is cooling a little because it's that time of the year, and as long as you are not set on a certain model there are deals to be found out there. Especially on the middle to higher end boats. We recently shopped different areas and manufacturers since our local skiers choice dealer doesn't have any inventory. The dealers simply cannot advertise low prices due to manufacturer's restrictions.
As example, I found a 2022 $171K boat that the dealer was willing to sell for $131K, so $40K off. When I I talked to another dealer with the same brand, they were discounting a 23 footer $30K.
My only issue the closest dealer was 140 miles away so we passed, but ended up finding a great deal locally with a different manufacturer.
Now, good luck finding a deal on a sub $100K boat... we ended up getting more on trade than what we paid I'm May...

[sandm]

Also, I’ll say it again please limit loans to 10 years or less!!

another economic downturn will drive this to fruition imo just like the housing market. if it does happen it'll literally KILL the premium boat market. I would bet 75% of people are financing these 15yrs+. me thinks some are using the rapidly increasing equity in real estate to finance. all good until you want to sell the crib and buy again.

take an interest rate at 4%, even 20% down on a 180k boat is going to be a $1500/mo payment. not many people will swallow that pill for a toy they use 4-6 months a year and I'd be quite surprised if a majority are putting that kind of cash down on a boat.
15/20yr notes are what has allowed the tech to improve and pricing to shoot to the moon.

[brad460]

Brad460, to your point; how many times do we see I can’t get any push, or my wave stinks. Only to have the reply add ballast or lead. Maybe some people just need to learn basic balance and weight distribution on the board?

Agreed- We used to surf behind my 04 Mobius with 750lbs in the back and did just fine 10 years ago. That’s what we learned on…

In all seriousness, our Max puts off such a big wave with stock ballast that newbies (and sometimes myself if I get pulled up on the wrong side) have a hard time pulling themselves up over the wave and into the pocket. It has a far bigger wave than of 04..

For my wife I drain a lot of the ballast otherwise the wave is too intimidating..

I should note we are just casual surfers and only spend a small part of the day doing it these days..

[Yzfguy06]

any guesses on where the market is going to land in the next 6 to 9 months?

onlyinboards had right at 1000 boats listed 2-3 months ago and safe to say the last year has weeded out all the listings that were sold and never removed so it's likely a pretty solid "current" number.
it's up to over 1800 today. only 350ish are 2022's and a third of those are mc's.
get a feel that there are some "bargains" out there that could start to drive pricing back down on some of the used machines.

supra/moomba and a couple of the other smaller "boutique" builders if you will are not showing a lot of 2022 dealer spec boats listed indicating they have sold their allotments OR it shows the power of skiers choice dealer agreements/territories but wonder how many will back out prior to next year to snag used models if the used market continues to climb over winter. it's also unknown if any of the 2022 listing on there are actual build slots/boats or just putting a bunch of listings out to generate leads. there could be some pretty big deltas between 2020 and 2022 for some that may need or want to exit the market quickly.

none of this begins to factor in the snowpack out west and if we have another abysmal year.....

The new supra Inventory on inboardsonly is still continue to go up. Prices are still dumb. There is a dealer selling a 16 se550(roush) boat for the same price someone with a 2020 se550 is(150k). That's crazy. Prices seem to be still holding steady for the moment. As we get closer to colder months i'd bet inventory continues to climb and hopefully prices fall.

[HFarr]

I priced out my 2021 Makai on the builder today. My boat with the exact same options, including trailer options, would be $12,856.00 more.

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[HFarr]

Someone on my lake is selling a 2014 SA for $77,500. It's a good looking boat, and he said he has upgraded the sound, upholstry, and gatorstep flooring, but I will be curious to see if he gets it.

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[Ralphy]

Exactly a year ago I looked at a mint 2013 with 350 hours on it for $42k. Should've invested in boats LOL

[HFarr]

That's the truth! Add says he owned it for last 4 years, so he is at least the second owner. I can't say anything bad about someone asking what the market will support though. I sold my old boat for more than I paid. That was when the used market had just started taking off, and I was the second owner, and looking back at things, I could have actually gotten more for it. That's a lot of ands.

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[MJHSupra]

There is a dealer selling a 16 se550(roush) boat for the same price someone with a 2020 se550 is(150k).

Yea, the cray-cray prices will sit there.

Somebody else just had a 2021 Mojo for $150k on some FBook group. I’m betting that person took it down the post b/c of all the negative comments.


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[jcarter20]

I had fully intended to sell my 18 Craz and get into an SE within the next two years. I built a 2022 optioned out they way I wanted it a few days ago. It was $202k and the boat builder wasn’t adding all the options I wanted. So most likely it was $210k. Not sure what the dealer would actually sell that for, but there is no way in hell I would spend $200k on a wakeboat. The crazy thing is, I built nearly the same boat last year and I am pretty sure it was in the $160k range. That is a 30% increase. I know my salary damn sure didn’t increase 30% even in the last 5 years. I sure hope this market doesn’t hold past 2022.


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