Has Sea Ray gone stupid ???

Discussion in 'General Discussion' started by Summer Fun II, Mar 6, 2015.

  1. Just got a email trying to sell me a new boat.

    $52,995*
    220 SUNDECK (4.5L)

    Who in their right mind would pay $53k for a 22ft boat ??.:wow:

    I'll buy used and be alot more happier getting a bigger boat for less $$$. :smt001
     
  2. h_gerry

    h_gerry Active Member GOLD Sponsor

    Jun 19, 2013
    Oceanside, NY
    400 Express Cruiser - 1994 with
    Raytheon 41xx Radar, Northstar 6000i GPS
    Kohler 5E
    454 Mercruiser Inboards
    I agree, prices of new boats has gotten ridiculous for some time now. I was at the Long Island Boat Show and saw a 260DA selling for over $100k!! I would take my 1989 280DA that I bought used for $28,500 (2004) any day.
     
  3. Bucit

    Bucit New Member

    Mar 12, 2010
    St. Petersburg Florida
    2005 280 Sundancer
    2004 SPD-104 Achilles w/ 8hp Yamaha
    Twin 4.3 MPI's with Alpha drives.
    My 2005 280 would be today's 310. I think that boat lists for $284,000. No fricking way I'd spend that on a 28' boat.
     
  4. Monroe Boater

    Monroe Boater New Member

    115
    Jun 30, 2010
    Sarasota, FL
    1999 280 Sun Sport
    Twin 5.7 Mercs Alpha drives
    It's not just SeaRay. We have been looking at single engine center console bay boats in the 22-24ft range and have been pretty shocked with current pricing.
     
  5. islandhopper00

    islandhopper00 Active Member

    Jan 4, 2007
    Lake Norman (Denver) NC
    240 Sundancer
    5.0L 260hp, BIII outdrive
    You'd think good condition used boats would be flying off the lot. I guess the need to have a "new" boat is big. That and banks won't loan on older boats. Valuation is just wrong these days.
     
  6. Monroe Boater, Look north for the good deals, You'd be a fool buying in your area, its the boating capital of all the states.
     
    Last edited by a moderator: Mar 6, 2015
  7. JimT

    JimT Well-Known Member SILVER Sponsor

    Jul 7, 2009
    Charlotte, NC- LKN
    2010 330 Sundancer
    T-350mags w/BIIIs & Axius, 5.0 kw Kohler
    Be thankful there is a steady supply of people willing to pay new boat prices so we can buy them used at depreciated prices later.
     
  8. spfortjohn

    spfortjohn New Member

    640
    Jul 31, 2011
    Orange Beach, AL
    2014 219FS Keywest CC
    F200 Yamaha Outboard
    Look at Key West. Great boat for the money and good build quality. We have a 219FS and it is a great boat. Yes the bay boats can get into stupid money. Look at the Yellowfin 25' about 100K
     
  9. Pietro

    Pietro Active Member

    Nov 1, 2009
    Rome, Italy
    1990 390 EC
    3208 375HP CAT
    Prices of new boats are crazy everywhere... If I lived in the USA I would just wait for the dollar to go up a little bit more and I would buy from Europe... prices of used boats have really fallen down to the ground! :grin:
     
  10. Woody

    Woody Well-Known Member PLATINUM Sponsor

    Nov 20, 2007
    N. Wisconsin/Lk Superior
    2005 420DA
    Cummins 6CTA8.3
    Just tell them you sleep in a culvert under cardboard covers and maybe they'll take you off the list.:huh:
     
  11. Hifirush

    Hifirush Member

    542
    Mar 21, 2014
    North Padre Island
    1998 330 DA, 7.4 MPI with V-Drives, raw water cooled, Westerbeke
    twin 7.4 MPI’s with V-Drives
    I am with you! I buy used cars too for the same reason.....

    Matt


    Sent from my iPhone using Tapatalk
     
  12. CliffA

    CliffA Well-Known Member GOLD Sponsor

    Dec 29, 2009
    Lake Norman, NC
    2001 Sea Ray 340DA
    Name: 'Happy Place'
    4.5kW West. Generator
    Purchased Nov. 2014
    Fresh Water Use
    Twin Merc. 6.2L (MPI)
    Raw Water Cooled
    V-Drive Transmissions

    that's not much less than what i paid for my 'old' 340.....and i would MUCH prefer to have my boat over some of the newer cruisers i have seen....

    so it looks like they want us to pay a LOT more money for a less desireable boat.....that makes me want to scratch my head and go Ummmmmm.....:smt017......
     
  13. BillK2632

    BillK2632 Well-Known Member SILVER Sponsor

    Jun 25, 2009
    Lake Norman, NC
    1999 185 Bowrider,
    Mercruiser 4.3, Alpha I
    I'm thinking someone has already bought my new boat and taking good care of it on some nice freshwater lake somewhere.
     
  14. 2000SR380

    2000SR380 Member

    451
    Feb 17, 2014
    Emeryville, CA
    2005 Sea Ray 280 Sundancer, Express Cruiser
    Two 5.0L Gas Mercruiser V8, B3 Outdrives
    :smt038 Our local boat broker says that due to the down economy ("Deep Recession")and low demand they are making fewer new boats across the board. He predicts this will eventually raise the value of good quality used boats. Of course he does SELL used boats... Look at new equivalents to the 380DA! 370 Sundancer? Freaking beautiful boat! I am 55 years old, and it would take cashing in our boat, our house, and pretty much everything we own to upgrade to a 2015 Model. I can not tell you if Sea Ray has "Gone stupid", but I can confirm the whole (price vs value) scale is tilted horribly. We moved to the "dark side" October 2013. Sold our Sailboat for about $20K less than I felt it was worth, and got our Sea Ray 380DA at a price I am confident disappointed her previous owner. I am fortunate to have spent 16 years as a GM Line Mechanic, and am handy enough that we can buy used boats and play a game that is somewhat above our pay grade. Silicon Valley is full of code writers, and programmers, that would not know the difference between a combination wrench, and a gear puller. However, they can buy a new 510 Sundancer with their year-end bonus.
    Jennifer and I went house hunting a few years ago. Looking to "down size", loose the big yard, and some of the maintenance. It was staggering. We found we could sell our 3-bedroom/2-bath home on 1/3 acre (with a creek in the back yard) move to a two bedroom/1-Bath Condo with one covered parking space and it would have only cost us around $100/month to 'down size'. Screw that! Price vs Value may be skewed, but we can not afford to be that stupid.
     
    Last edited: Mar 6, 2015
  15. Sea Ray is pricing themselves out of the market.

    Who on here or anywheres has $53k to $300k to pizz away on a boat ?

    I'm not seeing it on CSR.
     
    Last edited by a moderator: Mar 6, 2015
  16. Boat Guy

    Boat Guy Active Member SILVER Sponsor

    I had this discussion on another site. It just seems to me that we, as a civilization, like this cycle of excess and collapse. There is no moderation....

    Sea Ray hasn't gone stupid. Take a look at the prices of every other boat manufacturer. Go to a boat show and you will see prices skyrocketing.

    I discussed this with an actual boat manufacturer on the other site that told me, basically, that I didn't know what I was talking about. That their margins were low. But, when I drilled down to it, the focus shifted to they are entitled to make a profit. Sea Ray seems to me to be just another manufacturer riding the wave while they can. Sales seem to be up.

    Look, unless I see the numbers, I don't know if these prices are inflated or not. They do seem that way to me. I would have thought manufacturing and material costs would have come down considerably with all the the innovation.

    You bring up the housing market. Do you not see the same issue there? Prices climbing back up with salaries staying stagnant? What is real interesting to me is that banks are sitting on a huge amount of inventory that normally would be foreclosures. But, they are trying to slow the tap to give the appearance things are good. Where are the stats of people not paying their mortgages for years but not being foreclosed on.

    It's the strangest thing to see an economy running like everyone is dancing at a party and no one seeing that the building is on fire.

    What happens when we start to look at the National Debt? Are we just going to disregard it and print money?
     
  17. estoltz

    estoltz Member SILVER Sponsor

    356
    Jan 7, 2015
    Northern Virginia, USA
    2006 340 Sundancer with Generator (FOR SALE)
    2005 260DA with Kohler Generator (SOLD)
    Dual Mercruiser 8.1 Horizons
    350 Mag MPI with BIII (free with the purchase of 2005 260DA)
    As a network engineer and code writer I will admit I had to look up combination wrench. I know what a gear puller is and where I'm from combination wrenches are just called end wrenches. I guess I'm not working for the right guy as my year end bonuses are nowhere close. But hey I have less stress now so I'm good. Like others have said. Let them keep buying. That way my second boat can slowly make its way to me.
     
  18. Why is Bayturd putting out the Element at $14,817. :wow:

    Sea Ray & Bayturd are owned by the same company.

    Don't give me that crap Sea Ray is built better with fit and finish workmanship.
     
    Last edited by a moderator: Mar 6, 2015
  19. Do Over

    Do Over Member

    981
    Aug 9, 2014
    Lake of the Ozarks
    2002 340DA
    8.1 Horizons
    you guys talk like this is something out of the ordinary ......I don't think so.....I have the invoice from when my boat was purchased back in 2002....$244,000.00......my purchase price last Sept......$60,000

    ALL boat manufacturers have been raping folks forever on new boat pricing....no thanks
     
  20. moparlvr4406

    moparlvr4406 Active Member

    Jun 29, 2011
    Lake Monroe Indiana Fourwinds H31
    1985 340DA
    1966 SRV180
    1960 Sea Ray 600
    (2) 1963 808 Cruise-a-bouts
    twin 350hp Crusaders 4.0 Onan /
    Merc 950 SS
    Merc 650
    Merc 1100
    twin Johnson 40
    that's not so bad... my 340 was 83k in 1985
     

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