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Crazy boat pricing comparison

Old 08-11-2020, 07:29 PM
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Default Crazy boat pricing comparison

So, there are two boats in the trading dock for sale, same make, same size, 12 years apart.
The Price difference is $9k, newest is a 2019.
I had the same older boat Negotiated just before the Covid lock down in March at about half what the older boat is asking.
I am purposely being vague as it is frowned upon to bash for sale asking prices.
either the newer is a hell of a deal, or the older one is dreaming.
Old 08-11-2020, 07:33 PM
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Originally Posted by ychtcptn View Post
So, there are two boats in the trading dock for sale, same make, same size, 12 years apart.
The Price difference is $9k, newest is a 2019.
I had the same older boat Negotiated just before the Covid lock down in March at about half what the older boat is asking.
I am purposely being vague as it is frowned upon to bash for sale asking prices.
either the newer is a hell of a deal, or the older one is dreaming.
My personal observation:

Buy new and pay a premium. Sell within 3 years and take a bath from your purchase price

Buy new and pay a premium. Sell at year 10 (dont consider inflation), almost sell for what you bought it.


Boat economics is a strange world
Old 08-11-2020, 09:53 PM
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Boat prices, even with the internet, are crazy.

Buying a boat today is like buying a car 25 years ago. The dealers had all the knowledge and you had no clue what a “good deal” is or what a boat is “worth.”

Today you can know exactly what a good deal on a new or used car is with little effort. For boats? It’s still like 1995.... “call for price.”

What’s funny, or sad, is that while new boat shopping and getting the “real” bottom line what I can order a boat for prices... I’d see plenty of used boats with higher asking prices than the new ones.

Probably the only reason they can get away with asking silly prices is the lack of competition. It’s not like you can use the prices of multiple dealers in town against each other for quotes.
Old 08-11-2020, 10:05 PM
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Originally Posted by ychtcptn View Post
So, there are two boats in the trading dock for sale, same make, same size, 12 years apart.
The Price difference is $9k, newest is a 2019.
I had the same older boat Negotiated just before the Covid lock down in March at about half what the older boat is asking.
I am purposely being vague as it is frowned upon to bash for sale asking prices.
either the newer is a hell of a deal, or the older one is dreaming.
You said nothing about the engines. IMO engines drive the price, older boat with newer engines worth more
Old 08-12-2020, 04:52 AM
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Originally Posted by Team Seaside View Post
You said nothing about the engines. IMO engines drive the price, older boat with newer engines worth more
Original engine on older boat
Old 08-12-2020, 04:59 AM
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Originally Posted by Team Seaside View Post
You said nothing about the engines. IMO engines drive the price, older boat with newer engines worth more
You also forgot electronics, trailer, condition, bottom paint, accessories like trolling motor, powerpole, stereo, T-top, etc

I would pay 9k more for an older boat thats well outfitted and been well taken care of rather than a newer boat that hasnt been properly maintained.
Old 08-12-2020, 06:49 AM
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One side there's supply, on the other side there's demand - as with anything that's on any market, how the two are relating to each other at the time determines how much someone is prepared to pay.
Old 08-12-2020, 10:23 AM
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Originally Posted by MattJimm View Post
You also forgot electronics, trailer, condition, bottom paint, accessories like trolling motor, powerpole, stereo, T-top, etc

I would pay 9k more for an older boat thats well outfitted and been well taken care of rather than a newer boat that hasnt been properly maintained.
You'd pay $9k more for a boat that's 12 yrs older? The other boat is 1 yr old. It's possible it could be in bad shape but not likely.
Old 08-12-2020, 10:26 AM
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I see people asking 5k less than current new price for 3 yr old rigs with 500 hrs. Good luck to them


One day the boat market is going to abruptly return to normal.......and those who didn't buy their boats to hold onto and use are going to be way upside down on them.

the idea that boats dont depreciate ...horribly.... Has become widespread. Leading to people buying boatd that they should not extend themselves too. That's what some people would call a contrary indicator.


Can't tell you when that is though might be 2 weeks might be 20 years.

Old 08-12-2020, 10:57 AM
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Originally Posted by bryan28 View Post
You'd pay $9k more for a boat that's 12 yrs older? The other boat is 1 yr old. It's possible it could be in bad shape but not likely.
I was adding a comment that included considerations to engine and upgrades. Most new boats aren’t well equipped. If an older hull had similar power but had newer/better electronics with ready to fish options such as trolling motor/power pole/etc. then yes. Yes I would

Ive also seen 1 year old boats that’s been chartered and tournament fished hard that’s in worse condition than an older average joe boaters pride and joy That was taken care of
Old 08-12-2020, 12:24 PM
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Originally Posted by bryan28 View Post
You'd pay $9k more for a boat that's 12 yrs older? The other boat is 1 yr old. It's possible it could be in bad shape but not likely.
I see plenty of (loose numbers) $100k boats that can have $100k of options and accessories not to mention the difference between models of the same length. So yes, if as in the OP all you tell me is same builder same length, it is possible to pay more for the 12 year old model.

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