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$161K for a new 24CC' Boat

Old 06-10-2021, 11:37 AM
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Default $161K for a new 24CC' Boat

$141K if financed through the dealer. Who'd pay that. Is Edgewater 230CC even that good. $7k a foot. of am I just missing something.

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06-10-2021, 12:03 PM
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I'll take a one footer.
Old 06-10-2021, 11:40 AM
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Clear Duratech just went up 23% and we buy in volume. I expect prices to be even higher coming sooner than later.
Old 06-10-2021, 11:42 AM
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Originally Posted by gatorken View Post
$141K if financed through the dealer. Who'd pay that. Is Edgewater even that good. $7k a foot. of am I just missing something.
Love my Edgewater. they will be in the same price range as Everglades, Whaler, etc. Excellent hulls and good materials.
Old 06-10-2021, 11:56 AM
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Yes sir most top tier boats are in that 9-10k a foot range which exposes how crazy this really is.

I love my edgewater. I’m fine with that but when I see Mickey Mouse brands like seafox pushing 8k a foot I die
Old 06-10-2021, 12:03 PM
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I'll take a one footer.
Old 06-10-2021, 12:15 PM
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I've read here on THT that the Regulator 23 is going for $200K. Jeez. Nucking Futz.
Old 06-10-2021, 12:24 PM
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I bought my first brand new boat in late 1999 and, at the point that the mfr stopped making that model (2013 or so?), the base price was more than double what my out-the-door (including electronics, custom pipework, tax, etc.) cost was for that same boat. So for over 20 yrs, I have been watching and waiting for the prices of boats to come back south, but that does not seem like it's going to happen.

Therefore, I recently jumped back in and ordered a new semi-custom build 24 which I consider to be close to if not top tier - loaded to the gills with electronics including radar and autopilot, max power, trailer, boat cover, tax, etc., I'm looking at a little over $6k/ft.

I you wanted to save a few $, I suppose you could go to a lower tier boat but you're not going to save that much...

In my case, I could certainly cut back on power, options, and electronics and prob be darn near close to $4500/ft.

Guess it all depends on what you're willing to settle for and how much you want to be in the boating game...

The used boat market is not the answer, because a lot of those boats are selling for MORE than they cost brand new...
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Old 06-10-2021, 12:26 PM
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Prices will go as high as people will pay.... With the current inventory situation, they can ask whatever they want and there are 5 people in line to buy it. Thankfully, I'm not in that situation and will wait for the insanity to end....
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Old 06-10-2021, 12:27 PM
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Prices have gone crazy. I did a comparison of 25’ CCs at the 2021 Stuart Show. The 25 Grady came in at 176k before electronics/trailer.....

Old 06-10-2021, 12:29 PM
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262cx is $232k, makes 23 seem like a bargain
Old 06-10-2021, 12:43 PM
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I guess I did well with my Sea Born at about $4600 a foot pretty much loaded out with electronics and a loaded out trailer, all stainless, alloy wheels (which are supposed to be 15”) which I’ll finally have next week. I have not seen it yet. It took all this time to get. Luckily the marina I bought from let me keep it in a slip. Glad I bought the boat when did back in March.
Old 06-10-2021, 04:35 PM
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Sadly, that’s the going rate for a well engineered boat. The only thing you can do is use it a lot to feel like you’re getting your money’s worth out of it.
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Old 06-10-2021, 05:16 PM
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This is a wake up call for all boaters in the hurricane zone. If you get wiped out and the insurance co pays you your used book value, what will you do. The check they give you will never get you a replacement boat. You will be out of pocket big time .
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Old 06-10-2021, 05:19 PM
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Just wait till the market heads in the other direction. It’s only a matter of time. Then what will that new $161k boat be worth?
Old 06-10-2021, 05:25 PM
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Don't think about pricing boats by the foot. A 25' boat is twice as big as an 18' boat, etc. When boats grow in length they grow in all three directions - length, beam, and depth (not draft, but the depth of the hull). The bigger the boats are the more true this becomes.

Instead think about cost per pound, including engines.
Old 06-10-2021, 05:34 PM
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Originally Posted by Bfish View Post
I'll take a one footer.
We're all taking a 1 footer with the pricing right now...
Old 06-10-2021, 05:55 PM
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Originally Posted by fireisland1 View Post
This is a wake up call for all boaters in the hurricane zone. If you get wiped out and the insurance co pays you your used book value, what will you do. The check they give you will never get you a replacement boat. You will be out of pocket big time .
Used “book value” may be more than you paid. My son and daughter recently had their 2021 RAV4 totaled. Insurance paid more than what they paid for the car 6 months ago.
Old 06-11-2021, 02:38 AM
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Originally Posted by fireisland1 View Post
This is a wake up call for all boaters in the hurricane zone. If you get wiped out and the insurance co pays you your used book value, what will you do. The check they give you will never get you a replacement boat. You will be out of pocket big time .
This is very true, I found out the hard way. You actually have to prove what your boat is worth, like a house deal, "getting comps". I told the insurance adjuster I have an "insured value" but they claimed the boat wasn't worth it etc, I ended up getting 94% of what I wanted so I was fairly happy, but it was a major pain. And, if this market goes south (when) what happens? Be careful how much you are financing if that is the route you go.
Old 06-11-2021, 02:50 AM
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My Ranger Bay was $52,000 in 2008. The current price is $103,000.
Old 06-11-2021, 04:01 AM
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A new Cobalt r5 wss (25ft) here in Australia is about $300k if that makes you feel better.

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