Economy+Irak War => USED BOAT PRICES DOWN 20% the last 6 months. Where does it end?
#1
Guest
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High fuel prices. Even higher fuel prices to come during the Irak war...
"Soft" economy.
Mounting private debts.
Oversupply of boats (bought new or redone during the "boom-times")
My impression: Within the last 6 months the prices of used boats did drop anything from 15% to 25%. And that's just the asking price.
Even preowned Cigarette Top Guns are down 15%-20% compared to last summer ...and still there seem to be no buyers.
What are your experiences?
WHERE WILL IT END? Will boat prices eventually half?
What are your views...?
"Soft" economy.
Mounting private debts.
Oversupply of boats (bought new or redone during the "boom-times")
My impression: Within the last 6 months the prices of used boats did drop anything from 15% to 25%. And that's just the asking price.
Even preowned Cigarette Top Guns are down 15%-20% compared to last summer ...and still there seem to be no buyers.
What are your experiences?
WHERE WILL IT END? Will boat prices eventually half?
What are your views...?
#5
Registered
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And yet Cigarette had a 25% increase on the retail price of there boats this year.
#6
Guest
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I sure don,t see it, But for sure it,s got to happen the only reason the car market has not downturned is because they keep it going with rebates and special finance. Formula and other have thier boats on special, but guy,s who are selling used won,t face it