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Used boat market this year

UfdaUfda Posts: 14 New Baller
I'm trying to buy a boat this spring, ideally $20-30k. I was hoping to get a mid to late 2000s model. So far, I've seen a few boats in the 1999-2001 range. They mostly seem overpriced for that age ($25k with 1000 hours for a 21 year Response). There've been a few priced more reasonably.

My question: it's still early in the buying season here (PNW, still getting below freezing occasionally at night). Do you guys think something closer to what I'm looking for will come on the market, or is this just a really tough year to buy a boat, and I should jump on something that isn't ideal (price, age, engine hours)?

I'm watching ski-it-again, onlyinboards, boattrader, and local craigslist. Anywhere else I should be looking? I'm limiting my search radius to about 1000 miles, so I could drive there and back in 2 (long) days.
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Comments

  • PatMPatM Posts: 792 Crazy Baller
    Be patient. I'm sure the 2000-2010 market will come down to reality when they are not selling and they want to move onto their next boat. Three years ago I sold my mint 2009 SN196 in the high 20s, because that is what it was going for then.
    adkh2oskier
  • jjackkrashjjackkrash Posts: 864 Crazy Baller
    This might be the best sellers market in the history of ever for boats. New and used inventory is at an all time low and demand is high. If you don't luck into some deal, assume you are going to pay through the nose if you want a boat now. And I don't see that changing this year as I know for a fact dealers are taking orders for new boats along different segments that will not arrive until next winter.
    6ballsbishop8950
  • escmanazeescmanaze Posts: 879 ★★★Triple Panda Award Recipient ★★★
    I think this summer is likely to stay pretty brutal throughout the whole summer. I think this summer will be peak sellers market, but should chill out after that as folks are finally allowed to spend their money on travel again. My prediction is a heck of a buyers market about 2-3 years out.
    sunperchmwfillmore
  • UfdaUfda Posts: 14 New Baller
    Related question: for a run-of-the-mill used Malibu, Mastercraft, Natique, that isn't obviously abused, how many hours would you guess the engine is good for? I previously had a '94 that we had roughly 2000 hours on before it started burning some oil. Is 2000 a good rough estimate for the lifespan of one of these engines before it needs a rebuild/replace?

    I'm trying to evaluate how much life I can get out of boats with higher hours.
  • bigtex2011bigtex2011 Posts: 568 Crazy Baller
    id bet 2000hrs if it's been maintained well
  • LoopSkiLoopSki Posts: 795 Mega Baller
    Good luck finding a deal right now. Unless the seller hasn’t done his homework except to pay more than normal. It’s Covid related people are spending the money they would otherwise spent on trips to Europe in Hawaii on their homes and on toys he can use locally
  • ktm300ktm300 Posts: 430 Solid Baller
    To have the buying power of a dollar from 1913 takes 26 dollars in today's money. They can keep printing it but they can't make it have value. Bitcoin isn't mid 50s for no reason. Cash is trash. Price of everything is going up fast and faster.
    RichardDoane
  • KelvinKelvin Posts: 1,269 Mega Baller
    Modern engines should get 2500 to 3000 hours pretty easily. Sold a boat last summer with 1800 hours that was still going strong. Friend has a 2008 SN with 2000 hours and still going strong.
    Kelvin Kelm, Lakes of Katy, Katy Texas
    RAWSki
  • BraceMakerBraceMaker Posts: 4,613 Mega Baller
    @ktm300 1913 average income was 750$x 26 is 19500/yr. That same figure is up to around 48K now. Problem these days is people want to have more things. People in 1913 spent most of their income on basic living expenses. We expect to do so much more.
    ISP6ball
  • ktm300ktm300 Posts: 430 Solid Baller
    @BraceMaker So true, I want one of each...
  • rockdogrockdog Posts: 640 Crazy Baller
    Just to make you all feel better, there’s a 08-09 SN on Onlyinboards for $39,500. Hardly used but still a whole new level of stupid.
  • DockoelbotoDockoelboto Posts: 149 Baller
    Reach out [email protected] He usually knows where the "deals" are. I'm also in the pnw. This area seems to be worse than other places but in general the used market is insane. Be patient and check all the usual sites plus Facebook/OfferUp/Craigslist.
    RichardDoane
  • UWSkierUWSkier Posts: 1,652 Mega Baller
    Interesting your geo is proving a challenge. I bought my '01 Response out of the PNW 2.5 years ago and could probably sell it for 3-4 grand more than I paid for it now. I do expect this to be another hot year for boats, though the older, but still good, DDs don't fetch quite what the V drives do in terms of excessive prices.
    boats are like girlfriends you love them however there is another one around the corner - bananaron, July 21, 2020
  • 503Kento503Kento Posts: 73 Baller
    If you haven’t already, you can set up searches for multiple cities. Search the major metro areas for as far away as your willing to drive to pick it up.
  • BrennanKMNBrennanKMN Posts: 541 Crazy Baller
    edited March 13
    Looks like your location limit is what is getting you. There are 10+ boats on SIA that fit your requirements, but they are all further away than 1,000 miles.

    A hotel room is cheap if you're saving thousands on a boat, but I also understand time is money and spending it driving can be difficult for some.
  • UfdaUfda Posts: 14 New Baller
    Yeah, time is a major constraint right now, and I know that makes the search harder, but that’s reality for me.

    Thanks everyone for comments and information. I think at this point my strategy will probably be to find a boat that’s older than I want, closer to the lower end of my budget. Early 2000s, maybe $20k. It seems like the inflated price for an older boat is inflated by fewer dollars than a more expensive boat.

    I think I’ll feel better spending that much and not getting as much boat as I want, rather than spending more than I want to spend.

    In a few years, when the market cools off, I’ll maybe look into upgrading.
    Cnewbert
  • ALPJrALPJr Posts: 2,426 Mega Baller
    Good chance they’ll be a bunch listed over the next few weeks as the season gets closer - Ski it Again, Craigslist, Only Inboards.
  • UfdaUfda Posts: 14 New Baller
    I saw that one and emailed the seller. Haven't heard anything back yet.
    MISkier
  • I5boiI5boi Posts: 156 Baller
    I have a nice Carbon Pro for sale in the PNW. Let me know if you are interested.

    https://www.ski-it-again.com/php/skiitagain.php?endless=summer&topic=Search&category=Boat_3Event&postid=55631
    tkarbs
  • UfdaUfda Posts: 14 New Baller
    That carbon pro looks nice, but unfortunately it's out of my price range.
  • UWSkierUWSkier Posts: 1,652 Mega Baller
    That 2000 Malibu is actually a 2001 and it's gorgeous.
    boats are like girlfriends you love them however there is another one around the corner - bananaron, July 21, 2020
    MISkier
  • kurtkurt Posts: 115 Solid Baller
    @Ufda i sold my 01 response to my dad with 1100 hrs on it, we still use it at his cottage , still no issues.
    lots of power , nice wake
    that would be a fantastic boat for you
    billy's puddle swerving around the frogs
  • UfdaUfda Posts: 14 New Baller
    There's another 2001 response lx locally I'm looking at. 1100 hours, $20k. It has some sun damage to upholstery, and some minor stuff falling apart (dashboard trim cracked, fusebox falling down). But engine seems to be in good shape, has PP. The interior was in worse shape than I expected from the pictures, but maybe I should just do it. No driving involved.

    Also inquired about a 99 ski nautique, same hours and price, looks like it's in amazing condition, 4 hours away. But the seller says it won't be dewinterized until "some time in the next month" so I can't test drive it yet. Thanks to @sgregg for the tip on this one.
  • foxriveratfoxriverat Posts: 592 Crazy Baller
    edited March 14
    @Ufda Good price on a 2000 Nautique $13,500 in Montana no hours on listing and maybe too far for you to travel. https://missoula.craigslist.org/boa/d/missoula-2000-correct-craft-ski-nautique/7287366229.html
    2000 Malibu Response LX 2019 65 HO Syndicate Omni Vapor Bindings
  • DockoelbotoDockoelboto Posts: 149 Baller
    Check in with pacific nautiques, a friend purchased a 05 196 for about 19k last summer
  • Mateo_VargasMateo_Vargas Posts: 912 ★★★Triple Panda Award Recipient ★★★
    This one is a scam. I bought my 2002 Promo boat back from the 2nd owner a couple of years ago and sent it to Australia. I recognize the pictures from the dealers website. You can see the different brake actuator they use down under.

    https://corpuschristi.craigslist.org/boa/d/george-west-2002-mastercraft-prostar-197/7272415805.html
    Success is failure that just hasn't happened yet
  • 6balls6balls Posts: 5,621 Mega Baller
    Buy that 'Bu Response Lx--decent price in todays market, 650 hrs, excellent shape.

    As for hours...shoot we got an abused 1983 MC for our collegiate team with 2000 hrs--needed a tune up but then ran great. Don't be too scared of hours if you intend to keep it a long time so you don't worry about all the other folks worried about buying your boat with high hours.

    As for out of your geography...if s'one can check it out for you locally ship it. I've shipped 2 higher end cars now across the country with u-ship--from Utah to MN is $800 to $1200 depending on the market/day/timing. Yes that's added cost but if it gets you exactly what you want in the condition you expect...

    Obviously it's easier if it's local to you, but it limits what you can buy.
    Dave Ross--die cancer die
  • ETskierETskier Posts: 23 Baller
    @Ufda, a 2007 - 2009 Zero Off SN196, MC197, Bu is cetainly in your wheelhouse for under $30K. Don't let hours worry you too much. A 1000 hrs is like 100,000 hrs on a car. That's nothing these days. All 3 are great ski tractors with good wakes to train with for many years of enjoyment. Keep looking, something good will show up this spring.
    BrennanKMN
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