Notices
The Boating Forum

New boat prices dam ridiculous!

Old 08-24-2019, 08:09 AM
  #1  
Senior Member
Thread Starter
 
Join Date: Dec 2016
Posts: 270
Likes: 0
Received 27 Likes on 17 Posts
Default New boat prices dam ridiculous!

Dont see how the hell anyone can afford the payments on a 50,000$ boat I have good credit over 700 and still would have a payment of 656.00 - 727.00 a month what the hell ?... seems impossible to find a wood free construction with a 4 stroke around 20 -22 ft cuddy or center console.. looking at the numbers , and payments I could do 20,000$ but seems everything for 20,000 is junk around here in Pensacola

Popular Reply

08-25-2019, 07:55 PM
Brocnizer1
Admirals Club Admiral's Club Member
 
Join Date: Oct 2009
Posts: 1,150
Likes: 0
Received 298 Likes on 148 Posts
Default

New boat prices are what the market is willing to pay. If people didn't want them, prices would reflect. I paid $236k for a 32 foot Cape Horn brand new. In 2008 the same boat was $128k

I had cancer three times. twice I was told the treatment isn't working and pack your bags for the next world. Twice the doc's were shocked I came out. I don't know why God wants me here, but he does. That was from 2005-2009, 25 when I was diagnosed first time. I'm now 40, still living, and $236k is a lot but holy shit does it put smiles on peoples faces with all the fish we catch. I come back with 100 pound worth of filets, start the fryer up, and man we have good times. At any moment my time may be up. My treatments screwed me up bad, but you wouldn't know from the outside. I'm at super high risk for other cancers now because they blasted me with some toxic shit, but if i go tomorrow I know I lived very well. I will know my 8 and 9 year old had a great time, I will know that a little 4 foot person can throw a full moon 6 foot net 99% of the time, and I will know my legacy lives on when they teach their little buddies. My son reeled in his first tuna at 4 years old, little tiny tuna, but he did it. priceless.

Money is money. You can replace it. Clever people always find a way to get it. My clever way was to help people out in need and God paid me back with cash and lots of it.
Old 08-24-2019, 08:12 AM
  #2  
Senior MemberCaptains Club Member
 
Join Date: Sep 2001
Location: North Florida
Posts: 11,201
Likes: 0
Received 1,001 Likes on 482 Posts
Default

The best boat is your friends. Save your money and hop on a friends boat.
Likes:
boxx3, Chimpo, Doc8404, oceandansar, PelagicHunter, proaudioguy and 1 others liked this post. (Show less...)
Old 08-24-2019, 08:17 AM
  #3  
Senior Member
Thread Starter
 
Join Date: Dec 2016
Posts: 270
Likes: 0
Received 27 Likes on 17 Posts
Default

Originally Posted by JAGSARE1 View Post
The best boat is your friends. Save your money and hop on a friends boat.
its starting to look that way ... some jackass had a 21 cc for sell the other day was bout 15 years old with a 2 stroke and rotten transom ( visually rotten see motor leaning) . And still wanted almost 10,000.. transom in that boat would be about 4500
Old 08-24-2019, 08:18 AM
  #4  
Senior Member
Thread Starter
 
Join Date: Dec 2016
Posts: 270
Likes: 0
Received 27 Likes on 17 Posts
Default

Pensacola sucks for used boats
Old 08-24-2019, 08:26 AM
  #5  
Admirals Club Admiral's Club Member
 
Join Date: Jul 2013
Posts: 164
Received 64 Likes on 27 Posts
Default

Bought a new Defiance Admiral 220 3 years ago. Paid 63k cash + tax then sold my Edgewater 185cc that I paid cash for a few years before that. Market has already returned my purchase and then some and my retirement is still intact. No payment, just an effing luxury tax from the county that shows up once a year. No kids is one way to an early retirement.

Somedays I think it would be cheaper to go on charters overall.

And speaking of credit, I have an 800+ and can't get a loan for shit. To much debt to income and not enough income.
Old 08-24-2019, 08:32 AM
  #6  
Senior Member
Thread Starter
 
Join Date: Dec 2016
Posts: 270
Likes: 0
Received 27 Likes on 17 Posts
Default

Originally Posted by redink View Post
Bought a new Defiance Admiral 220 3 years ago. Paid 63k cash + tax then sold my Edgewater 185cc that I paid cash for a few years before that. Market has already returned my purchase and then some and my retirement is still intact. No payment, just an effing luxury tax from the county that shows up once a year. No kids is one way to an early retirement.

Somedays I think it would be cheaper to go on charters overall.
By the time I have 60,000 cash I'll be to old to use it
Old 08-24-2019, 08:33 AM
  #7  
Senior Member
 
Join Date: Mar 2018
Location: Gulf Breeze, FL
Posts: 513
Likes: 0
Received 271 Likes on 124 Posts
Default

$50K is chump change for a new boat. A basic pontoon at Bass Pro will run that easily. Most 20'+ CCs with no frills will be a lot more than that. I agree, it is absurd. Spend $100,000K (which seems to be where most decently equipped boats start) to catch $50 worth of fish. Buy used...but even then the prices are absurd (especially for CCs).

Might want to consider a dual console. For whatever reason, they are typically much cheaper than CCs.
Old 08-24-2019, 08:35 AM
  #8  
Senior Member
 
Join Date: Oct 2017
Location: Fort Lauderdale
Posts: 788
Received 411 Likes on 192 Posts
Default

20k doesn’t get you much in the way of sightly used here (se fl) unless it’s around 17ft or under. The people with old boats and two strokes priced high are dreamers.
Old 08-24-2019, 08:38 AM
  #9  
Admirals Club Admiral's Club Member
 
Join Date: Jul 2013
Posts: 164
Received 64 Likes on 27 Posts
Default

Originally Posted by cjmac View Post
By the time I have 60,000 cash I'll be to old to use it
And to busy still working. Time is your friend when saving and investing.
Likes:
Old 08-24-2019, 08:39 AM
  #10  
Admirals ClubCaptains Club Member Admiral's Club Member
 
Join Date: Oct 2002
Location: anderson, sc
Posts: 19,261
Received 1,430 Likes on 824 Posts
Default

The economic cycle will happen sooner or later and then AGAIN a bunch of boat MFG’s will close the doors just like in 2009-2012



I agree. my 20yr old boat costs me nothing to sit
Old 08-24-2019, 08:42 AM
  #11  
Admirals Club Admiral's Club Member
 
Fish'nFool's Avatar
 
Join Date: Mar 2009
Location: Anywhere but here...
Posts: 25,950
Received 3,177 Likes on 1,697 Posts
Default

Here's a good option for you to consider, a bit north of your $20k budget but manageable. Wood free too...
Be prepared to travel.

https://www.thehulltruth.com/boats-s...ish-236-a.html
Old 08-24-2019, 08:44 AM
  #12  
Senior Member
 
Join Date: Jul 2011
Posts: 5,042
Received 1,296 Likes on 629 Posts
Default

Boats are a luxury
Old 08-24-2019, 08:45 AM
  #13  
Senior Member
Thread Starter
 
Join Date: Dec 2016
Posts: 270
Likes: 0
Received 27 Likes on 17 Posts
Default

The guy at the dealer told me new sales have fallen to less than half in the past few years. I said no shit with these kinda payments in a retirement town . Ofcourse him owning a million dollar boat and the dealer he couldn't understand why no one was buying new from him anymore. The secret is out around here for new boats anyway . Everyone goes to Alabama about a 30 mins away and saves 5-10,000 right off the bat. Witch I'm starting to hear about
Likes:
Old 08-24-2019, 08:46 AM
  #14  
Senior MemberCaptains Club Member
 
Join Date: Nov 2005
Location: cape coral, fl
Posts: 5,976
Received 569 Likes on 348 Posts
Default

A $50k boat loan (144 months) with no money down is $500/month. Put 20% down and your under $400/month and not upside down.
Old 08-24-2019, 08:50 AM
  #15  
Senior Member
Thread Starter
 
Join Date: Dec 2016
Posts: 270
Likes: 0
Received 27 Likes on 17 Posts
Default

Originally Posted by Fish'nFool View Post
Here's a good option for you to consider, a bit north of your $20k budget but manageable. Wood free too...
Be prepared to travel.

https://www.thehulltruth.com/boats-s...ish-236-a.html
very nice
Old 08-24-2019, 08:51 AM
  #16  
Senior Member
 
Join Date: Oct 2011
Location: florida
Posts: 542
Received 308 Likes on 135 Posts
Default

As much as I would love a boat to cruise the sand bar/intercoastal and fish when I want. It is cheaper to hire a charter 5 times a year with friends than to own a boat. I have 2 firends with bay boats and I still offshore fish with captains 3-4 times a year. So it costs me on average $300-$350 per trip.

My truck payment is 650 a month, 72 month term. Luckily I got 0% financing. It will be paid off in December and I'm leaning towards a boat but more than likely not.
Old 08-24-2019, 08:51 AM
  #17  
Senior Member
Thread Starter
 
Join Date: Dec 2016
Posts: 270
Likes: 0
Received 27 Likes on 17 Posts
Default

Originally Posted by bsh102 View Post
A $50k boat loan (144 months) with no money down is $500/month. Put 20% down and your under $400/month and not upside down.
from where ? I checked a few banks here . Thay go up 84 months and apr is no lower than 5.9%
Old 08-24-2019, 08:54 AM
  #18  
4/0
Senior MemberCaptains Club Member
 
Join Date: Sep 2007
Location: OIB
Posts: 1,981
Received 416 Likes on 209 Posts
Default

Everyone I see around here is buying trips and Quad's.

300-500k +
650-900 gallon tanks.

The way things are now. I don't a lot of New boat for 50k. 20' maybe ?
Likes:
Old 08-24-2019, 08:55 AM
  #19  
Admirals Club Admiral's Club Member
 
fireisland1's Avatar
 
Join Date: Jun 2011
Posts: 5,858
Received 3,169 Likes on 1,389 Posts
Default

and a 37' Freeman 2019 is listed here for $700k. wow.
you can build a 4500sq/ft home or a 37' boat same money. amazing
Likes:
4/0, alfnator, animalpharm, BCPD199, bikem, Czech_mate, G. Faulk, Gulf, John_Madison CT, karlk1125, Riptide, Sixstring and 7 others liked this post. (Show less...)
Old 08-24-2019, 08:57 AM
  #20  
Senior Member
Thread Starter
 
Join Date: Dec 2016
Posts: 270
Likes: 0
Received 27 Likes on 17 Posts
Default

Originally Posted by 4/0 View Post
Everyone I see around here is buying trips and Quad's.

300-500k +
650-900 gallon tanks.

The way things are now. I don't a lot of New boat for 50k. 20' maybe ?
21 ft nautic star basic with 150 yam 4 stroke 51,000$

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.