Deposit For 2021 Yamaha and still waiting?

[Cmagg_]

My dealer did reach out to me for the first time last week to tell me that my order is still on and that they haven’t heard on a production date yet.

Yeah mine a few weeks ago telling me that it could come anywhere from now until the end of July. This is also after having 3 different ship dates. The last being June 4th and now it is TBD. A 2021 at the end of July. It’s almost like give me the 2022 for the same price as the 2021.

 

[HangOutdoors]

@Gebhardt At least you have a boat to use. I will be honest, if it was me I wouldn't even take a 2021 anymore and would get a 2022.

 

[4ukwildcata]

@Gebhardt At least you have a boat to use. I will be honest, if it was me I wouldn't even take a 2021 anymore and would get a 2022.

I'm struggling with this as I am waiting on a 2021 AR250. I'm hanging in there based on the following:

1.) If I can get it in June/July, I can still get on the water this year. with a 2022 this might still be the case, but I would guess at this point it would be a late Fall if not early Winter boat.
2.) Assumption that the 2022 will be an increase more in the 10% range than the 2-3% range. Just speculation on my part.
3.) AR250 model just launched last year and highly unlikely to have any feature upgrades I would value for the price.

With that said, I am new to Jet Boats and curious of your rationale to move to the 2022 model.

 

[Cmagg_]

I'm struggling with this as I am waiting on a 2021 AR250. I'm hanging in there based on the following:

1.) If I can get it in June/July, I can still get on the water this year. with a 2022 this might still be the case, but I would guess at this point it would be a late Fall if not early Winter boat.
2.) Assumption that the 2022 will be an increase more in the 10% range than the 2-3% range. Just speculation on my part.
3.) AR250 model just launched last year and highly unlikely to have any feature upgrades I would value for the price.

With that said, I am new to Jet Boats and curious of your rationale to move to the 2022 model.

In my opinion I’m sure they’re not going to change anything on any of the models for 2022 just because of everything with last and all of this year so far. That’s just what I am thinking.

 

[DrPhil]

I'm struggling with this as I am waiting on a 2021 AR250. I'm hanging in there based on the following:

1.) If I can get it in June/July, I can still get on the water this year. with a 2022 this might still be the case, but I would guess at this point it would be a late Fall if not early Winter boat.
2.) Assumption that the 2022 will be an increase more in the 10% range than the 2-3% range. Just speculation on my part.
3.) AR250 model just launched last year and highly unlikely to have any feature upgrades I would value for the price.

With that said, I am new to Jet Boats and curious of your rationale to move to the 2022 model.

Totally with you on all points!

 

[HangOutdoors]

I'm struggling with this as I am waiting on a 2021 AR250. I'm hanging in there based on the following:

1.) If I can get it in June/July, I can still get on the water this year. with a 2022 this might still be the case, but I would guess at this point it would be a late Fall if not early Winter boat.
2.) Assumption that the 2022 will be an increase more in the 10% range than the 2-3% range. Just speculation on my part.
3.) AR250 model just launched last year and highly unlikely to have any feature upgrades I would value for the price.

With that said, I am new to Jet Boats and curious of your rationale to move to the 2022 model.

FWIW.......

If it is was me, and it isn't this year, I always look at residual value and resale. No idea what the future holds, but a newer model year is going to be valued at more than an older model year. Of course this past year has been an anomaly. Sooner or later this will correct and I would prefer a more current year as a buyer and seller.

I do believe that boat prices, etc. will correct a bit by next spring once inventory is moving again and this could provide possible incentives and discounts.

Also, I would assume, and again this is an assumption, that boats moving forward may have a bit better QA, etc. Rather than some of the corners that have most likely been cut to get some of these boats out the door.

As far as feature upgrades on the 25' footers, you are most likely correct. I doubt much will happen in the next few years.

If you are going to use the boat a great deal in late July or august, it may be worth it to have it this year, if it does show up in the next couple/few weeks. My personal use case in August would be 1 or at the most two times a week give or take. So I wouldn't be missing too much if I stood pat. I am on the lower side of usage.

Personally it would irk me that as my 2021 model year boat is showing up, if it does, that they are building 2022's and getting ready to start shipping them out, after I waited for so long.

Just some of my musings.

I do like the AR250 a lot and it would be the boat I would go to, but I need to wait out this new model year or get to next to see how the rumors of the 22' footers materialize first, too see what they are all about. Also even though it is not likely for changes or features, it is always possible on the 25' footers. If the new model year is a couple months away, I am already down the rabbit hole so might as well just hold out and see.

@4ukwildcata I see you are in KY. I am in Michigan. Your season is probably longer than mine as well. First of Sept. water here is cooling off so watersports die off. Salmon start to run then it is game over till next May.

 

[drewp]

Spoke to my dealer today...they still are in the dark. Boat is listed as "TBD."

 

[HangOutdoors]

@drewp Will they convert you to a 2022 and keep you up at the front of the line if yours is cancelled?

 

[DerrekCurtis]

I wonder how many boats are still undelivered. My dealer is waiting on 9 boats. My best guess is there are 75 plus dealer in the USA that could be 600 or 700 boat left to go
I’m not confident they will get them all done in july
Derrek

 

[DrPhil]

I wonder how many boats are still undelivered. My dealer is waiting on 9 boats. My best guess is there are 75 plus dealer in the USA that could be 600 or 700 boat left to go
I’m not confident they will get them all done in july
Derrek

Not going to argue the numbers as you are likely correct. However they are likely all (or nearly so) manufactured and sitting in their storage yard missing one single part - as the pictures above in post #867 show.

 

[HangOutdoors]

I guess my biggest problem is lack of info. I would

Not going to argue the numbers as you are likely correct. However they are likely all (or nearly so) manufactured and sitting in their storage yard missing one single part - as the pictures above in post #867 show.

There has been no confirmation just conjecture and dealer ramblings that the boats are only missing a single part. this of course keeps buyers on the hook. Especially since they are across different models as well as can be seen in the photos. Unless Yamaha gives accurate info and some detailed communications, which they won't, we can only assume that, which gives hope. Not sure I believe that.

 

[Cmagg_]

My dealer sent me this back early this month forgot i had it. This is just a few they’re were 96 on the list. Not sure if you can see this.

 

[4ukwildcata]

FWIW.......

If it is was me, and it isn't this year, I always look at residual value and resale. No idea what the future holds, but a newer model year is going to be valued at more than an older model year. Of course this past year has been an anomaly. Sooner or later this will correct and I would prefer a more current year as a buyer and seller.

I do believe that boat prices, etc. will correct a bit by next spring once inventory is moving again and this could provide possible incentives and discounts.

Also, I would assume, and again this is an assumption, that boats moving forward may have a bit better QA, etc. Rather than some of the corners that have most likely been cut to get some of these boats out the door.

As far as feature upgrades on the 25' footers, you are most likely correct. I doubt much will happen in the next few years.

If you are going to use the boat a great deal in late July or august, it may be worth it to have it this year, if it does show up in the next couple/few weeks. My personal use case in August would be 1 or at the most two times a week give or take. So I wouldn't be missing too much if I stood pat. I am on the lower side of usage.

Personally it would irk me that as my 2021 model year boat is showing up, if it does, that they are building 2022's and getting ready to start shipping them out, after I waited for so long.

Just some of my musings.

I do like the AR250 a lot and it would be the boat I would go to, but I need to wait out this new model year or get to next to see how the rumors of the 22' footers materialize first, too see what they are all about. Also even though it is not likely for changes or features, it is always possible on the 25' footers. If the new model year is a couple months away, I am already down the rabbit hole so might as well just hold out and see.

@4ukwildcata I see you are in KY. I am in Michigan. Your season is probably longer than mine as well. First of Sept. water here is cooling off so watersports die off. Salmon start to run then it is game over till next May.

We are still toasty through September for the most part. It's actually a nicer time here as once you clear Labor day the crowds start to clear and the Lake is really nice. Still a little traffic on Saturday/Sunday.

Overall, I follow your logic and it is a reason that I struggle. For me the struggle is more around not take a boat this year , not jump on a 2022 immediately and wait till next year. I do think that the time 2023 models are rolling out, you could see capacity increases in the industry, people to rushed to buy a boat realize that it's sitting in the garage more than on the lake, etc. Could be a situation that drives heavy discounting.... could be?

 

[HangOutdoors]

We are still toasty through September for the most part. It's actually a nicer time here as once you clear Labor day the crowds start to clear and the Lake is really nice. Still a little traffic on Saturday/Sunday.

Overall, I follow your logic and it is a reason that I struggle. For me the struggle is more around not take a boat this year , not jump on a 2022 immediately and wait till next year. I do think that the time 2023 models are rolling out, you could see capacity increases in the industry, people to rushed to buy a boat realize that it's sitting in the garage more than on the lake, etc. Could be a situation that drives heavy discounting.... could be?

Yes that is going to happen. Where I am at, Great Lakes, there are boats everywhere. People can't get on some lakes since they think they are going to roll out at 12:00 noon on a Saturday and find an open launch... Not going to happen. Also, trailering, maintenance, rising gas prices, storage and some can't even figure out how to drive boats in general. I see buyers remorse all around every time I go out. Couples arguing at the launch, etc. etc. I guess the actual experience doesn't live up to the romantic expectation that some picture boat ownership will be about. Not to mention all the additional costs of watersports gear, boat gear, modifications, etc. etc.

I don't think it is going to take that long though. Those who want to get out, whether they bought this last year or a few years ago, actually in the last 10 years, will see top dollar which will start a snowball effect as it always does. Some will come up for sale, then the price will come down a bit, then more will follow so they don't miss the sellers market. I think this winter and 1st quarter will be the start of the sale and price corrections of used boats. Once that occurs, new will have to follow suit quickly since there will be a good deal of inventory of quality used boats. Probably in the form of incentives, reduction of fees, etc.

@4ukwildcata If you are on the fence, go into a holding pattern. I personally don't think it will cost you and is a prudent move right now. Only thing you miss out on is a month or so of boating worst case. If your current order does come in and it is more towards mid-august, you could just walk from it as well. Dealer will sell it to someone. Would let it play out a bit knowing that either way you get a benefit.

 

[drewp]

@drewp Will they convert you to a 2022 and keep you up at the front of the line if yours is cancelled?

I didn't ask about 2022s. I'm on the bay and have no dock at the moment (held up b/c of COVID related delays; expect it within two weeks), but if I had some sense of timing from Yamaha, I might punt and buy something used for the summer and order a 2022.

 

[HangOutdoors]

That is the problem. If they would just be transparent, people could make plans and figure out what they need to do and when.

 

[ChrisF]

Hi guys,

New and first time post. Put a deposit on a 2021 AR190 back in April. I was next in line if the deal fell through and it did so I haven't been waiting terribly long. My concern is quality issues during this period but with used boats going for more than new, I fear 2022 prices are going to skyrocket. I just saw a used 2021 AR190 with 3 hrs for 46k in MI. Dealer says the boat is coming TBD and it's mine. Also I'm buying out of state so I will not have a dealer relationship after purchase. Don't know if that matters. I'm just gonna hang on. I checked on a Chaparral ssi 19ft and the dealer said that chaparral is not building 19ft boats for 2022 because demand is so high and they make more money on the bigger boats. I hope Yamaha doesn't follow suit.

 

[HangOutdoors]

I don't see new boats from Yamaha skyrocketing. If they do then they will pull used up dramatically which will hurt new boat sales if used inventory starts coming up on the market. By raising prices dramatically Yamaha would shoot themselves in the foot. Only way to compensate that would be able to minimize inventory greatly moving forward. This will cause a bubble which will be bad.

If Yamaha can get their production squared away that will drop the prices on used and I would anticipate a 1-3% increase at most on new boats. It is not going to be good for those who purchased used boats for more than they could get a new boat just because they wanted it now. But each to their own I guess.

Right now you will see used for sale for ridiculous prices on Facebook and other places some to the point of absurd. It is situational and just point in time. Take advantage of the market and season right now. Just saw a 252 for 18k over MSRP but doesn't want to sell it till September buts wants deposit now. Wow, but someone will do that. But each to their own. If people want to list them and there are people who buy them for 10-20k over MSRP new, then that is a choice they make.

I would sooner go personally go boat less than pay these inflated prices. Now that we are coming out of the last year and its challenges, there are other things to do with the family where my money would be better spent and wait for the market to cool off. Hence the deck and privacy fencing at the house which is put off till the prices get back to something more realistic.

Was talking to a guy in a gas station and he had a new Corvette, looked real nice, not sure of the exact model but it did look sweet. Said he was one of the first in Michigan to get it.... Ok.... Anyhow he bragged that he paid 50k over MSRP to get it. So I asked him, Why did you do that? He looked at me and said "I am not really sure now, I just wanted one at the time"......

 

[adrianp89]

I don't see new boats from Yamaha skyrocketing. If they do then they will pull used up dramatically which will hurt new boat sales if used inventory starts coming up on the market. By raising prices dramatically Yamaha would shoot themselves in the foot. Only way to compensate that would be able to minimize inventory greatly moving forward. This will cause a bubble which will be bad.

If Yamaha can get their production squared away that will drop the prices on used and I would anticipate a 1-3% increase at most on new boats. It is not going to be good for those who purchased used boats for more than they could get a new boat just because they wanted it now. But each to their own I guess.

Right now you will see used for sale for ridiculous prices on Facebook and other places some to the point of absurd. It is situational and just point in time. Take advantage of the market and season right now. Just saw a 252 for 18k over MSRP but doesn't want to sell it till September buts wants deposit now. Wow, but someone will do that. But each to their own. If people want to list them and there are people who buy them for 10-20k over MSRP new, then that is a choice they make.

I would sooner go personally go boat less than pay these inflated prices. Now that we are coming out of the last year and its challenges, there are other things to do with the family where my money would be better spent and wait for the market to cool off. Hence the deck and privacy fencing at the house which is put off till the prices get back to something more realistic.

I mean everything you say makes sense. But nothing makes sense in this economy right now. I doubt we will see what we perceive as "normal" in less than 2-3 years.

In the meantime, I need a contact for blackmarket lumber lol.

 

[HangOutdoors]

I mean everything you say makes sense. But nothing makes sense in this economy right now. I doubt we will see what we perceive as "normal" in less than 2-3 years.

In the meantime, I need a contact for blackmarket lumber lol.

I heard that prices were coming down 40% on lumber in the last week on the radio? I was going to roll up to HD or Lowe's and see what is going on. LOL, my house will lose a bit of value, but I will be able to do deck and fence

As an aside, when the money tree dries up here in the fall as it is slated to and there is a plethora of people vying for jobs which could put downward pressure on compensation, things will start to begin to correct themselves but quick I feel.