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Think the bottom's fallen out

BlkGS

Jetboaters Admiral
Messages
2,218
Reaction score
1,537
Points
252
Location
Melbourne, FL
Boat Make
Yamaha
Year
2007
Boat Model
SX
Boat Length
23
So we made the decision to sell the boat. It's just not easy to boat where we are now in life with two toddlers and no lake (we would be in the ocean here and the wife doesn't love that idea). Drug my feet on it from a time perspective, just been busy with other stuff.

Anyways, finally got it listed a few weeks ago. It's been crickets ever since. I might have priced it a little high, but not so much so that people wouldn't see it. I haven't gotten ANY interest on it at all. No trades for guns or woodchoppers or anything weird like that. No insulting low ball offers. Literally nothing.

So I reached out to a consignment lot that seemed to do a good amount of business about them listing it (I had not great pictures, a new Facebook account, etc). They were receptive but the guy was like "I just want to warn you... We've been having a hard time selling boats. I sold one yesterday, but it's been tough. We used to sell a boat every few days, it's been a few weeks now."

So maybe it's just here, but not a good sign I think.
 
No, the wife is just not really on board with the idea. I think it'd be totally doable, it's just a lot more effort to get out there compared to when we were in NC.

Honestly keeping it might be the easy option lol.
 
Same here. The selling of boats. Waverunners, motorcycles , atvs all took a major dive. Its a buyers market for sure.
Values are gonna tank. Just look at the new market and you can see the trend. There is still new 2024 inventory, i have seen 2023 new inventory. That tells a story in itself
 
Same here. The selling of boats. Waverunners, motorcycles , atvs all took a major dive. Its a buyers market for sure.
Values are gonna tank. Just look at the new market and you can see the trend. There is still new 2024 inventory, i have seen 2023 new inventory. That tells a story in itself

I had been watching values of some cars and noticed a lot of enthusiast cars not selling for prices I thought were too high. ad just sitting around. I am thinking it's more than just that though, I saw some Corvettes and things like that just not selling even with decent prices.

The consignment guy said he thought people were just out of money. I dunno, but feels like a sign of bad things to come.
 
I was looking recently at used Yamaha's , playing around with the idea of getting something newer, in the 25 ft variety. Noticed that the boats for sale have been listed for a while, and dropping the price. That means I would not get what I would like for mine. Definitely feel things are going to get rougher, and if there is a stock market correction, that will just add to it. I would not want to be trying to sell a relatively new boat with a heavy monthly payment right now.
 
When we sold the AR230, I looked around my area and compared prices of similar size and add-ons. Saw how long boats had been sitting on the market and got a little discouraged. Initially listed it high because you can always come down but never back up. After no interest for over 2 weeks I dropped it significantly and we got a ton of interest then. We ended up selling it for a decent chunk less than what we bought it for, even after adding a few things to the boat to raise its value. We bought it before the covid craziness too, but felt after owning it for 5 seasons it served us well.

I think people are willing to spend their money if it’s a really good deal, if not they’ll wait until it becomes a good deal or move on to the next.
 
Yeah, we're in a weird spot where the boat is paid for, but it's costing me to store it. Not a big deal if we would use it . Otherwise, I might just take it up to my family's land in NC and maybe use it on vacations.up there (we liked using it up there anyways).

The other option is to try to trade it for something arguably more liquid like a truck. The wife hates that idea and thinks I have too many cars already, whatever that means.
 
Yeah, we're in a weird spot where the boat is paid for, but it's costing me to store it. Not a big deal if we would use it . Otherwise, I might just take it up to my family's land in NC and maybe use it on vacations.up there (we liked using it up there anyways).

The other option is to try to trade it for something arguably more liquid like a truck. The wife hates that idea and thinks I have too many cars already, whatever that means.
We really contemplated trading it in to a dealer for a Yamaha jet ski if we didn’t get at least the minimum we wanted, so I hear ya there about trading for an easier sell as well.

I do hope your boating days are just on hold for now! If we lived near the ocean I probably would’ve convinced the wife into a 255 FSH H.
 
Ha ! That reminds me of when I was picking something up at Triangle Shooting Academy a while back, and the guy at the counter says his wife gave him crap for having 11 guns in the home safe. She checks a year later and yells at him for having at least 15 guns now. He said, " honey , that can't be right. There are 22 in there atm. "
Yeah, we're in a weird spot where the boat is paid for, but it's costing me to store it. Not a big deal if we would use it . Otherwise, I might just take it up to my family's land in NC and maybe use it on vacations.up there (we liked using it up there anyways).

The other option is to try to trade it for something arguably more liquid like a truck. The wife hates that idea and thinks I have too many cars already, whatever that means.
 
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