REM835
Jet Boat Junkie
- Messages
- 104
- Reaction score
- 108
- Points
- 142
- Location
- Lebanon, OH
- Boat Make
- Yamaha
- Year
- 2016
- Boat Model
- SX192
- Boat Length
- 19
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I've considered it too - buy low, sell high. But that formula is too black and white, doesn't include "can't buy a new boat until market calms down."That looks about right at this point in time.
Demand is still high and supply low.
I’ve been thinking about selling my boat and am considering asking $50k for it. $50k was the MSRP when it was originally sold in 2010. I’d include a lot of extras and think anyone who would pay $50k for it is nuts but I would not consider it robbing the blind since I would disclose everything, even the current NADA value. If I lose sleep it would be because someone did pay my asking price and I would be wondering if I did not charge enough.
I laughed out loud and disturbed my otherwise productive coworkers with that last part.I've considered it too - buy low, sell high. But that formula is too black and white, doesn't include "can't buy a new boat until market calms down."
Value at time of exchange is driven mostly by scarcity, not actual cost to produce. This is hard to remember all the time, but when you see something nuts, it always explains what is happening behind the scenes.I've considered it too - buy low, sell high. But that formula is too black and white, doesn't include "can't buy a new boat until market calms down."
Buying a new/replacement boat isn’t in my immediate plans and the next boat I do buy, if any, won’t be a bow rider I have to tow around, it will be cruiser/live aboard that’s always in the water.I've considered it too - buy low, sell high. But that formula is too black and white, doesn't include "can't buy a new boat until market calms down."
I was going to sell in the spring and that was my plan. On five different Marina slip lists. 80th in line on the shortest. Figured may as well get a few trips and then wait and hope to buy cheaper.it will be cruiser/live aboard that’s always in the water.
I’ve been on the waitlist for dry storage (parking space) in my local harbor for a year now. Want a 24-28’ center console but no space for it at home. Settled for an AR190 because it fits. I’m so impressed with this first Yamaha that I’m thinking to upgrade to 212 when things settle a bit.I like the analysis @SamCF , when do you think prices will normalize / go the other way? When supply caches up with demand but when is that? Yamaha might think twice about ramping up production and just increase the msrp of the boats they do produce.
@REM835 , thanks for raising this. I was only focused on the monthly cost of slip not the availability. I’m going to make some calls to check on availability, I may need to get on the wait list for a slip now for a boat I don’t intend to buy for at least four years.
Looking at your profile, looks like you did the upgrade already. Congrats!I’ve been on the waitlist for dry storage (parking space) in my local harbor for a year now. Want a 24-28’ center console but no space for it at home. Settled for an AR190 because it fits. I’m so impressed with this first Yamaha that I’m thinking to upgrade to 212 when things settle a bit.