Good Buy?

I agree there is no such thing as an insulting offer last year the 310 we purchased was well below 100,000 of the list and people are even more agressive than when I purchased las year
 
SBW's advice of trying to lowball on a great boat is the conventional wisdom as of recently. I am getting the impression, however, from the boat show threads and the media doom and gloom threads that the sales activity at the boat shows is very high (and not the "I'll offer you 50% of asking price and you WILL LIKE IT") mentality of a few months ago.
I'm not suggesting that you be rude to the seller. Cash is king now. It is not a good practice to approach a purchase in the old way of X% off retail. If you see a boat that you like, offer the price you are willing to pay recognizing that sales are way down in the industry, and you will still end up owning an asset that will decline in value. A friend of mine purchased a 45 foot Viking for far less than the owner's price. It was owned by a widow who turned him down two years ago and called him back to find out if he was possibly still interested. He bought the boat for an even lower price and she was glad to be rid of it. There are many people out there who absolutely need to sell their boats and prices will continue to drop for a while regardless of the impression people get from the boat show spin. Just be polite. You have little to lose and much to gain by making an offer.
 
One of the local dealers in West Michigan is starting to auction boats. I think we are going to see even lower prices. There is no longer such a thing as an "insulting offer." I believe you should just name a price with check book in hand, and you will be able to purchase a very nice boat at a rock bottom price. The banks are starting to get very reasonable on short sales of homes. They should be the same with boats. I'd start the pricing at 40% of the NADA price and walk if the negotiation goes above 50%.

I guess that means if I was selling my boat I should entertain offers of $175K or so?

Anyone interested in a 2003 480 DB for $175K?

Geez...
 
I guess that means if I was selling my boat I should entertain offers of $175K or so?

Anyone interested in a 2003 480 DB for $175K?

Geez...


Isn't $175K a bit high, all things considered? Maybe $175K Canadian. ($0.80USD = $1.00CAD)



:grin: :grin: :grin: :grin: :grin: :grin:


(all the more reason to use the boat and not worry about resale value! I doubt I could give my boat away at this point)
 
I guess that means if I was selling my boat I should entertain offers of $175K or so?

Anyone interested in a 2003 480 DB for $175K?

Geez...

If you are a motivated seller, why not? The savings in operating costs and medical bills could go toward paying off your boat mortgage.
 
Scott....congrats on the new boat!! When will you be getting it? Come on warm weather...
 
It is true, Scott and I can pretty much sit on the back of the boat all day and seem to talk about everything in the world not important. What could be better.
 
It is true, Scott and I can pretty much sit on the back of the boat all day and seem to talk about everything in the world not important. What could be better.


I consider beer, boats, and bikins to be VERY important. I guess im simple. :thumbsup:
 

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