From what I am seeing for used boats, it's obvious that many were holding out till after the holiday this past weekend. The market is starting to fill, no flood yet, with quality used boats.
This is not true everywhere, but if you were thinking of taking advantage of this insane covid market, better do it quick. Businesses and offices are opening back up, and we have passed that magical mid-point of summer known as July 4th. I have seen plenty of boats hitting FB marketplace and C-list this week. Prices are still insane, but it's obvious that it has to burst soon. Especially since new boats are shipping.
I got reprimanded in FB messenger by a seller last night. And if he is here, I should actually apologize. As I posted a "laughing emoji" on his 2020 AR190 ad. No comments, just that emoji, as it's not my place to point out the obvious MSRP new. As I found it truly funny, that he had it listed for $4,000 more than the boats MSRP in the fall of 2019. As I have said before, you can ask anything you want, and if the market bears you a buyer, good on you. But if anyone thinks that these boats are actually selling for that price, they are fooling themselves.
Well the joke wasn't totally on me, but upon looking up NADA to find the MSRP of that AR, the actual average closing price was just below MSRP. That actually sounds right, as it was a 2020. So little drop sounds good. And he had the premium black cover. But $4000 over, that was funny. Good starting point for negotiation I guess.
This bubble is going to burst, as I see a couple more boats listed here. Fine boats too, but a bit inflated.
Good luck to the sellers, and good luck to those still looking to buy! It's a fun show to watch.
