Sea Ray Production Information.

[MonacoMike]

Is there a reliable source for Sea Ray production stats such as number of specific models produced each year or model run? It would be interesting to know how many other vessels there were originally made similar to my 270 for instance. Are there stats for their total annual production to compare now to the boom times in terms of production. MM

I am adding a question from a member posted in another thread as it fits well here:

Does anyone know how many new, and, what models, Sea Ray sells every year? Who buys, and, how many, in each price range? What does Sea Ray "have to do" to keep the "doors" open?

 

[andy k]

I would be interested in this also. Production has hit a wall over the last few years.

 

[MonacoMike]

I would be interested in this also. Production has hit a wall over the last few years.

I was pondering the market for my boat in the future things like: how many people are plopping down or able to borrow $150K to buy a new fully loaded 260 or 280 DA today? What will there be to buy as a used boat in this spec range in 5 years? 10 years? The same ones for sale now? MM

 

[andy k]

I think that the price of newer used boats will hold their value since production is way way down. Less boats available = higher price tag

 

[mwph]

I think that the price of newer used boats will hold their value since production is way way down. Less boats available = higher price tag

As much as I'd like to agree, this doesn't take the demand side of the equation into consideration.

 

[HUMPH]

I agree, they need to get back to reality on pricing new models. They shouldn't ask over $900K for the new 450DA then accept just over $750K. Why not price it at $799K and negotiate from there? Is there really anyone that would pay that nut for that boat?

 

[andy k]

As much as I'd like to agree, this doesn't take the demand side of the equation into consideration.

Yes that is true but in 5 years when (if) the boating industry turns around and people are buying boats again there will be very few newer used boats for sale. I live 50 miles from the Cruisers Yachts plant and 50 miles from Carver yachts plant. Those plants are basically shut down and have been for the last few years, they are making a fraction of the boats they used to.

Now if Demand does not change from this point it will be a very different story.

 

[andy k]

For 900k I would much rather buy a Nordic tug or something that will hold its value.

 

[jason78]

Is there a reliable source for Sea Ray production stats such as number of specific models produced each year or model run? It would be interesting to know how many other vessels there were originally made similar to my 270 for instance. Are there stats for their total annual production to compare now to the boom times in terms of production. MM

I am adding a question from a member posted in another thread as it fits well here:

I put in a request like this (production numbers) to Sea Ray Customer Service about a year ago. They asked me why I wanted the information; I told them personal curosity and they never responded one way or another. So I must assume the answer is NO. Maybe they feel it is confidential for some reason?

 

[Carver370]

Different topic but touched on higher up in this thread.

Has anybody noticed what Regal Boats does now with their higher end boats? The 42/46/52 Coupes are all set prices. They don't play games listing the boat 250K over what they will actually take and they are selling boats. There is actually a waiting list to get a new one built

I believe a fully loaded up 46 Coupe is about 750K and that is their take it or leave it price, Regal will even kick in money to buy down the trade for the dealer. The Regal dealer local to my marina is busy and working deals quite a bit. Sea Ray is trying to sell a smaller boat with an MSRP over 900K... I think some people are starting to look elsewhere, I feel the new Sea Rays are beautiful but I don't see myself being able to relax in some of these new larger Sundancer interiors. The boats up until about 09 felt like you didn't have to be wearing a suit and tie to relax on board or host a black tie event.

Back to the original question, I am willing to bet that Sea Ray produced probably 5 or 6 times the amount a boats in the early 2000's than they have in the past 2 years.

 

[fwebster]

Sea Ray does publish production stats for classes of boat, however. If you will look at the annual production issue of Boating Industry magazine you can find totals. That isn't going to do you much good for your stated purpose.

I think you are on an errand that won't tell you what you want to know when you get done anyway. How many boats built may give you a total universe, but it doesn't factor in condition and that variable affects both the buy and sell, or supply and demand sides of the deal. Any of us who have 10+ year old boats that may be for sale at some point only compete with boats of a like or similar condition. If your boat is a 5 out of a possible 10, then the 0's, 1's, and 2's as well as the 9's and 10's are no competition, even though you might be in the same total production population. On the demand side, a buyer shopping for a 10, or looking to bottom feed on a 1 or 2, isn't going to be interested in your 5. So carrying the condition thing to a logical end, if you want to preserve the value of your older boat and capture what ever demand exists when you are ready to sell, then keep it clean, polished, well maintainted, fix stuff when it breaks, and try to keep the boat current by updating when looks/feels dated.

And, the following is just a personal opinion, but I tend to believe that the new drive and electronic technologies are helping to increase demand for our older boats powered by conventional drive systems. Seasoned and experienced boaters are being very slow to accept the pod drive and joystick control systems. That is going to have a effect on the supply of used boats for future buyers. At some point, I think demand for and prices of clean, well maintained older boats with conventional drives/controls and mechanical engines will increase.

 

[Someday Lady II]

And, the following is just a personal opinion, but I tend to believe that the new drive and electronic technologies are helping to increase demand for our older boats powered by conventional drive systems. Seasoned and experienced boaters are being very slow to accept the pod drive and joystick control systems. That is going to have a effect on the supply of used boats for future buyers. At some point, I think demand for and prices of clean, well maintained older boats with conventional drives/controls and mechanical engines will increase.

Well said, as usual, sir and I for one agree.
At the present time I can see only one future boat purchase on the horizon for me and that would be a 1996 450 Sundancer, due almost wholly on what I have learned on this site for all the reasons Frank outlined on this, and other threads.

 

[Turtlesboat]

The other thing you could do is ship your boat to someplace like China, you'll get a decent buck for it there. Only problem is, it might cost you two to get it there.

Model and location has a lot to do with value too. Some models are just more in demand than others. And where they are located has a huge factor. Someone on a lake will probably want a 40' gas boat, that same boat couldn't be given away in other places. I think yachtworld stats would be more valuable than sea ray stats.

 

[JimG]

I was pondering the market for my boat in the future things like: how many people are plopping down or able to borrow $150 to buy a new fully loaded 260 or 280 DA today? What will there be to buy as a used boat in this spec range in 5 years? 10 years? The same ones for sale now? MM

I'm up for that! I have that in my pocket... where do I plop?!?! :smt001

I know what you mean Mike... I am also interested in resale value in the coming years.

 

[mainstream]

Well I have a friend that sells sea ray on the lake I boat on he sold 35 million in new sea rays from march to october so there are some people buying new that dose not even include the brokered boats he sold.took a deposit on a 2012 45 dancer on Saturday im going to the yacht expo in dec .so I would say that the future for resale will still be the same I don't believe older boats will ever be worth more becaus no ones buying new imho

 

[MonacoMike]

I'm up for that! I have that in my pocket... where do I plop?!?! :smt001

I know what you mean Mike... I am also interested in resale value in the coming years.

You can plop anywhere you like. I have now added the omited KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK.KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK

 

[JimG]

:wow:

 

[MonacoMike]

:wow:

The KKey stuck. :smt043

 

[eauty]

Our boating group discussed this issue quite a bit this last summer. Back in the "Good old days" say back when I bought my boat in 2006/2007, I was told that Sea Ray produced approximately 500 340 SDA's a year in those years. When you look at the number of used boats for sale in those years I would have to agree that there are far more boats than buyers for those years of boats. But what about 2008, 2009, 2010 when the economy was uncertain and banks demanded 30% down payments. Boat sales were down, production was down and now if I'm looking to move up to a 40 or 42 or 44 in a 2008 or newer boat, the inventory doesn't exist. So I decide to consider a new 2013 410 SDA fairly loaded and it lists at $770,000.00. UNREAL!! The boat will probably end up selling for something like $550,000.00 + sales tax and other odds and ends to bring it to roughly almost $600,000.00 for a 41 foot boat. Payment around $3500-4000/mo. Gorgeous boat but that is a lot of money for a 41 ft boat. It makes anyone who did buy in the 2008-2010 years very happy because their boat value will not depreciate as much as the older boats built when production numbers were high . It is a dilemma for us Sea Ray owners looking to move up after 4-5 years of our present boat ownership.

 

[sbw1]

I agree, they need to get back to reality on pricing new models. They shouldn't ask over $900K for the new 450DA then accept just over $750K. Why not price it at $799K and negotiate from there? Is there really anyone that would pay that nut for that boat?

I think SR shadow prices Tiara because many of the the SR prices line up pretty closely to Tiara's similar models. SR then deeply discounts. Tiara does not.