Sea Ray 36 Sedan Bridge???

Alex D

Alex D

Active Member
Oct 2, 2006
1,408
Smith Mountain Lake, VA
Boat Info
2004 240 Sundeck
Engines
Mercruiser 5.0 MPI B3
I might have a shot at a new 2007 36 Sedan Bridge with twin 8.1S engines loaded with thruster and many options ... asking price right now is $270K.

Dunno much about this boat and prices ... any owners or knowleageable people care to comment on the boat good and bad as well as the asking price?

Thank you !!!
 
For a 2007 model, there are a few things you will want to make sure have been taken care of prior to purchase. There have been several things that Sea Ray has replaced on my 2007 36 Sedan Bridge that I can tell you about. Send me a PM and I can go into detail. The price looks good though, and we are very happy with the boat.
 
Flettis said:
Is it new or used? What sort of options does it have?
Click to expand...
It is new. Dunno all the options, but pretty loaded when I looked at the available options on the SR site. Has bowthruster too ... retail on this boat from what I could figure is $429K
 
not many out there. that is a good price from the few i've seen on the market. grab it if you can!
 
Yeahh ... it is a good price, but I think I rather do something different. For us size is important and for around $200K we can get a nice freshwater 460DA. This makes much more sense for us and the way we use the boat than a new 36DB for $270K. Besides after running the numbers on a $270K purchase, it would change our budgeting to a point where we could no longer meet our savings and investment targets and I am not willing to do that.

If anyone has interest, I'd be glad to put them in contact with the our Sea Ray dealer to talk about this 36DB.
 
You know..............I never even ask the price of a car or boat when we are shopping. What a dealer asks or advertises his products for has absolutley nothing to do with he will sell the boat/car for. The only way to find that out is to take your check book to the dealer and ask for a contract, fill in the numbers (start at 70% of the MSRP, less any known incentives, shown on the Sea Ray corp site), write a check for about 10% of that, sign the contract and hand it to salesman.

However, here's a word of caution..........be careful if you don't really want to buy the boat. As soft as boat sales are, that may just buy you one.
 
Frank ... how soft are boat sales right now?? How would you apporach "realistic" bids on a used boat?

Gotta think of that fellow on our lake who sold his 2005 500DA that was listed for $591K for $550K ... he had bought it two years earlier for $850K
 
Boat sales and pricing are both driven by demand, and demand is different in each market. What is selling on South Florida, may be as cold as ice in the NE. In general, sales of larger boats are soft everywhere according to industry publications. How soft is it?........down here where the rubber meets the road, if Sea Ray is laying off employees and working short schedules in factories, then its a good bet that business is soft.

Want more? Add to above the fact that Sea Ray's largest retailer, Marine Max, has 12-15% more inventory than last year and revenues are about 20% under last year, I'd say their business is soft. Then consider that all credit markets are affected by the sub-prime mortgage meltdown since lenders will not accept risky loans anymore.......the days of nothing down or 100% financing and sweetheart interest rates have given way to very conservative lending practices where lenders are going to require enough front money in cash or trade equity that they have no balance sheet risk to a repossession and foreclosure. This will weed out less credit worthy or non-cash buyers significantly. Fewer buyers means less demand; less demand means lower prices, etc.

So I can make a case for this being a real buying opportunity if you are in a healthy financial position. The only way a boat dealer can cover his fixed overhead is by moving product at some price tp generate cash flow. Despite what some sales manager may try to tell you, we may be at the point where just turning boats into cash at some price is more important than profit on individual boats.

As far a valueing used boats, for models with low sales numbers, I tend to think that every sale or data point may make new history. For other higher volume boats, get a member to check sold data on the model you are interested in on yachtworld.com or another subscribed service that tracks selling prices. If you do it this way, because of current economics discussed above, you must be really narrow in the time span you consider....like the last 30-45 days in your region.

But, honestly, finding the right used boat in the best possible condition is more important than wringing the last $ out of a deal.

All the above is just my opinion, I don't work in the industry, I'm just a member of the peanut gallery watching what's going on like everyone else. So, do your own homework and consult your own financial advisors then take some dealer's pants down...............
 
Frank, as always, thanks for all the good reminders on how to shop/buy a boat. I totally agree with everything you say, especially the fact that markets are all different and you need to do lots of homework. I think this forum is full of stories of folks who have followed your advice and had great success.

Kathy
 
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