Used boat market

PacManPacMan Posts: 89 Baller
So I'm looking into buying a boat in the next year or so. I remember the last time I went on ski it again it seemed like there were pages worth of boats for sale, now there's only 60 boats or so!? Is the used boat market like the used car market right now? I was hoping for $50000-65000 range and a few years old but not sure what's even available right now after just a quick search.
If your not having fun your not doing it right.
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Comments

  • FSSPCatFSSPCat Posts: 175 Baller
    You should be able to find something, but be ready to jump on something quick and potentially open to compromise. I can’t speak for where you are, but in Alberta it is slim pickins. Not even close to what is normally available.
  • vtjcvtjc Posts: 310 Solid Baller
    Yes it seems the boat market is very hot, perhaps even hotter than the car market.

    I did learn of this search in Only Inboards to find some recent sales data: https://www.onlyinboards.com/SoldBoats.aspx?fbclid=IwAR3xwYrun7-HE37Q8o-Bi1eDUPJF7yM3wk1ydaMWSd8JMAipFMgoAs_EQ-Q

    Good luck in your search. I tracked prices on CC 196 for a period prior to finding my 08 so I knew the market pricing and felt comfortable jumping when I found the right boat.
  • jjackkrashjjackkrash Posts: 1,179 Mega Baller
    Prepare for some sticker shock unless you luck into a sale where the buyer does not appreciate the state of the market. Good luck.
  • ColeGiacopuzziColeGiacopuzzi Posts: 559 Open or Level 9 Skier
    edited February 10
    If you're not in a rush I would honestly hold off until the used boat market stabilizes and there is more used boats available. The prices are inflated and you're going to pay way more than what a boat is worth no matter what make, model, year it is. If you don't mind the price; then be ready to jump on it quick like @ FSSPCat said.
    ALPJrBobFJordan
  • ALPJrALPJr Posts: 2,863 Mega Baller
    edited February 10
  • HortonHorton Posts: 32,625 Administrator
    yeah the market is insane right now. I was between ProStars for a little bit last year and so I had to go buy something old to ski behind while I waited for my new boat. I paid 30 grand for a 13-year-old boat, put 200 hours on it and then sold it again for 30 grand. it's just wild out there.

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  • PacManPacMan Posts: 89 Baller
    Yeah, that's all what I was afraid of. I really don't NEED one right now but I already have permission from my wife and we're talking about kids in about a year or 2 so... I should really just buy one ASAP lol.
    If your not having fun your not doing it right.
  • MastercrafterMastercrafter Posts: 433 Crazy Baller
    edited February 8
    @PacMan .. just be like me, get married, have a kid, buy a boat, build a garage, buy wife an SUV, all in the same year. It's fun, I promise, especially in 2020.

    Also FML.

    Joking aside, the market is nuts and I'm tempted to sell off a few things while prices are high, but I'm not patient enough to wait for replacements to come around at a reasonable price.

    Could be fake news, but I was told Mastercraft cut their Prostar production about in half this year from ~350 to ~ 175 boats, to focus production on higher profit models. Not going to help ski boat market prices.
  • unksskisunksskis Posts: 675 Crazy Baller
    edited February 8
    Yea, not sure when/if it will ever "stabilize". These are the new prices.

    It is cheaper to order a new Jeep Wrangler than buy used right now.

    For that money I would talk to your dealer about ordering a new boat.
  • LarsLars Posts: 243 Solid Baller
    There’s a bare bones 2015 pro star in Texas that will be for sale, had to pass on it due to no bow seating for the kiddos.
  • MDB1056MDB1056 Posts: 1,048 Crazy Baller
    Sure am glad I’m an old boat guy . Simple. Solid . Dependable . Great time to be an old guy.
    EdmundRednucleusBigGerald3
  • morfootmorfoot Posts: 24 Baller
    Used boat market and it's prices are insane right now. I'd been searching for a SN196 TSC I or II for months in the SouthEast and NONE were to be found. when one did pop up I waited a day or two to inquire about it and when I did it was already sold. Thanks to a midwest ski bud who saw a 99 SN 196 posted on SIA at about 8pm EST only 25 miles from me. He texted me to let me know about it with instructions to drag it home. Was up at 2:45am to get ready for work and saw his msg. Looked at the boat and thought looks clean and taken care of...I think about it on the ride into work. That lasted 30 seconds and then immediately messaged the guy and said I was interested. After talking to the guy later that day he told me that I was the first of 3 interested in the boat but because I was1st guy that responded at 2:59am that he would give me first right of refusal. By the time I got to see it that day he said he's had 7 other interests in the boat and 3 were cash in hand site unseen. Needless to say I brought home an early Christmas present. Guy was dumbfounded that the boat sold in less than 24 hours. If you find one be ready to pounce on it right away. High demand and low supply especially as new ski boats are $100k.... Sellers market for sure.
  • 6balls6balls Posts: 6,128 Mega Baller
    @morfoot, just sold my 2000 TSC1, had maybe 15 interested within days of listing. Some were on vaca couldn't get here soon enough. One showed up to look, offered full price. Others inquired after and I said it's sold full price and they offered more. Told them my word was gold on the first guy offering full price, as much as I would sure like another thousand bucks!
    Bottom line is I think I could have listed higher.
    Dave Ross--die cancer die
    thagerrobmollysilverlakemorfootReallyGottaSki
  • MISkierMISkier Posts: 3,486 Mega Baller
    And, that was selling a boat in February in Minnesota without a test drive.
    The worst slalom equipment I own is between my ears.
    Wishswc5150
  • LoopSkiLoopSki Posts: 980 Mega Baller
    What are you talking about? Look at this fine ski tug for under 10k. Lol


  • WishWish Posts: 8,561 ★★★Triple Panda Award Recipient ★★★
    After you get that over priced boat, good luck NOT getting an insanely over priced truck. Geeez..😳
    >>> 11.25..a different kettle of fish. <<<
    6balls
  • bananaronbananaron Posts: 573 Mega Baller
    As most of you ballers know I have bought and sold a few boats in the past several years.This mkt is crazy and so over priced it is ridiculous.I only bought boats that were low hrs and mint condition.Today that is difficult to say the least and I will not pay this crazy prices.The housing mkt is the same on our lake and also motor vehicles.I dont see things changing anytime soon and not this summer.If I had all of the boats I sold and could sell them now at these inflated prices I would be rich and could live next door to HORTON.
    Ron Engblom Brainerd lakes,minnesota
    Onside135Garswc5150
  • ReallyGottaSkiReallyGottaSki Posts: 366 Crazy Baller
    I got this pound rescue in late October for 7. Monsoon,wedge,pylon,boom,pp, and two acmes. good bones.
    restoration in progress








    swc5150thagerWishMichaelWiebe
  • MDB1056MDB1056 Posts: 1,048 Crazy Baller
    Yikes…… that’s awful
    ReallyGottaSki
  • thagerthager Posts: 5,582 Mega Baller
    Few $, elbow grease, upholstery and you're good to go!
    Stir vigorously then leave!
    ReallyGottaSki
  • WishWish Posts: 8,561 ★★★Triple Panda Award Recipient ★★★
    edited February 10
    Awful ..yes. Restored..worth 3x what was paid with 1/3 more in restoration cost. That’s a tidy profit if flipped.
    >>> 11.25..a different kettle of fish. <<<
    ReallyGottaSkiswc5150bananaronKeith_Menard
  • swc5150swc5150 Posts: 2,617 ★★★Triple Panda Award Recipient ★★★
    Guys like me are adding to the crazy market. I have a perfect older boat that I wouldn't sell today for double what I paid for it, as new/used replacement boat prices are just way too high. After a dozen or more new boats purchased over the years, along with a handful of used ones, little did I know my current Prostar could very likely be my last boat ever.
    Scott Calderwood
    MDB1056
  • PacManPacMan Posts: 89 Baller
    At least I already decided to drive as far as I need to for a good boat. I'm currently seeing ones in Texas Connecticut and California that I would want lol. Only one in my home state of Wisconsin. I still have to talk to the bank but I think I just gotta pull the trigger.
    If your not having fun your not doing it right.
  • tjs1295tjs1295 Posts: 140 Baller
    Agree with @swc5150 . We paid high market value for our 2007 196 in the fall of 2018, but it's a massive bargain seeing prices these days. Also wouldn't sell it for double what we paid for it.
  • MDB1056MDB1056 Posts: 1,048 Crazy Baller
    @ReallyGottaSki - what year is it and how many hours?
  • Kevin89MCKevin89MC Posts: 40 Baller
    @ReallyGottaSki I chimed in on your facebook post as well, but just wanted to say again that that is really coming along nicely! I got a '99 RLX that was in pretty tough shape, but not nearly as rough as yours. Now that I see more of what you're doing, I have some questions for you as I re-do mine. I'll hit you up on FB messenger. Good luck with the resto, that's gonna be a great looking boat when done!
    Kevin
  • Vernon ReeveVernon Reeve Posts: 119 Baller
    Last time I was looking for a boat, I had a document with short cuts to craigslist with all the search parameters already filled in for each of the major cities within about 800 miles. And a short cut to ski-it-again. Then every morning I clicked on each shortcut until I found the exact model, color, condition I was looking for. It became pretty clear what a good price would be. Some were asking way too much, and those boats just sat there, of course. Took about 3 months before I found one. It's a 2003 Malibu Response LXI, and like it so much I probably won't ever sell it.
    ReallyGottaSki
  • ReallyGottaSkiReallyGottaSki Posts: 366 Crazy Baller
    edited February 11
    @MDB1056 this is a '99, and i'm a bit embarrassed to say so, but i don't know the engine hours! but i did take it for a proper test ride and a ski behind it. it ran real smooth and so i was shocked to find the bent strut later on. my phone app said 49mph. later found it had the 12.65p acme on it, and the 12p prop was new in the box.
    Just rewired and powered up the pp last night, half expecting to see an hour meter in the menu, but alas. Perhaps the ecm has accumulated hours but i havn't investigated how to retrieve yet. I see no hr gauge on the multi nor the dash anywhere. im perplexed!

    @Kevin89MC thanks yes, you see its potential as well!, lets bat those ideas on the fbm
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