Quote Originally Posted by MJHSupra View Post
Been reading around the different forums and social media. More used boats out there from previous levels, but not as many as pre-covid. The guy from onlyinboards was posting something about the number of boats for sale now vs 3-5 years ago. Comments about peeps hanging onto boats longer.
I dunno that I would say there's a lot less for sale now. my gut says in years past people would post boats up for sale and wouldn't pull them off the site until they either got a random call a year later or the site auto-cleans them up after a year not to mention dealers using it as free advertising kind of like a bait/switch thing. when we were shopping in 2018 for our z3 we found a TON of boats that were sold but still listed almost a year later. I know we cleaned up at least 10 boats that we called on and were sold/disappeared that night. OI had around 5k "active" listings back then but the unknown are how many were sold boats or dealer trolling to not pay another listing fee.
covid hit and everyone was calling on every boat listed multiple times-annoyed dealers with zero inventory and people getting dozens of calls a week and I suspect as it dropped to 2k "active" listings when we bought our r23 in mid2020 this is where the market really is.
I think OI only had 3 or 3.5k for sale prior to covid and it's right back up there today.
1200 of the 3000 listings are 2021/2022 and we all know there's not many leftovers. that seems higher than we saw pre-covid for 1-2 y.o. boats.

larry is spot on. msrp's won't fall BUT I can see discounts increase IF the market slows any more OR you will see builders introduce a new model at a lower msrp while discontinuing current. msrp's never fell during the last crash, incentives picked up and builders throttled back production to meet demand.