Boat show fever .... I dont need a new boat !

[dakota4ce]

I think warranty matters on a high hour late model boat. Some companies cap the warranty at a certain number of hours. I would feel pretty good about buying a 4 year old boat with 1 year of warranty with 550 hours. The same boat with 400 hours and no warranty might get hit harder on resale, despite less hours. The bigger challenge will be public perception that 500 hours is a lot of wear and tear. And there is no doubt that it is a lot more than the boats it will be compared to. So one 'break even' point is when the warranty runs out.

Now days the warranties are long—5 Years! Nobody keeps boats that long it seems.

I think mathematically there is probably an algorithm that could be used. To at least make a best guess at what to do.

The X factor is boat advancements—if they come up with a better mousetrap it’s hard to not want that.


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[bsreid]

On a 3-4 year old boat, to me 400 hours is when you can call it high. 200-300 is like yeah they use it.

[dakota4ce]

Boat show fever .... I dont need a new boat !

On a 3-4 year old boat, to me 400 hours is when you can call it high. 200-300 is like yeah they use it.

High. That’s bananas but it’s how people think. I get it, and you have to consider that when selling or planning to sell.

I put 180 on per year. That goes pretty fast! My 400 hour boat is 2.5 years in water and looks mint.


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[bsreid]

Exactly^^ I’ve got a friend with a 13 Ski Nautique with 800 hours and it’s mint. Where as some with under 200 look like crap.

[Brianrzr]

I didn’t buy a boat for 80-100k plus a house on the lake to only use the boat 1 or 2 hours a week. That would be a complete waste of money. I put nearly 200 hrs on it last summer and what ever it costs me if I ever resell.....its worth it.

[Germaine Marine]

I guess really my concern would be having a 3 to 4 yr old boat with 450/600 hrs. So does anyone know the "break even point " where you dont take a bath

The break even point has less to do with hours for the avg user and more to do with what rate you financed at and how much you put down.

If you bought a Z for 100k, put 10k down and are carrying for 20.... then in 3-4 years it wont really matter. Your going to need to change the water a few times with the bath you will be taking.

Now... you buy a closeout year end boat or something lightly used, spend 85-90, put 15 down and carry for 10 then we might have something where we would be wise to really hunt the hours to figure out when it makes sense with model year changes to move on.

Unless you are in and out of boats before you tick 80-100, and buy at the right time for the right number, the game is kind of hard to play in regards to getting in and out unscathed or on the positive side.

Mitigating the negative can all be done by what I mentioned earlier.

I would say that if you are carrying for 20 years then you are best to get out early if you are going to change rather then in 3 years when you realize your loan is for almost the same the day you opened it.

[dakota4ce]

What about if you simply buy them, and buy them right? 95K for a new 16 SE. I wonder how that boat stacks up in this game. 100 hours already, bought in late July (winterized Nov 1). Maybe this one I run until 500 and not think twice, then? Even if the residual is 60, it’s still the price to play and stop thinking about it?


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[Langwell]

Food for thought , for sure !

[lilkw]

I am not sure this game can be played with the thought of breaking even or coming clean. You have to pay to play in this arena.

[dakota4ce]

Boat show fever .... I dont need a new boat !

Yeah, I think we all understand this. But you still can have a sound strategy to do the best you can.


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[Langwell]

I agree with that , dakota !

[dakota4ce]

I actually came out even twice—a 2006 24Ve I ran for a year and a 2013 F24 Tomcat that I ran for 2. Sold them both for more than I bought for. The absolute key was dead-of-winter purchasing. But those days are over with this Supra I bought!


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[Germaine Marine]

What about if you simply buy them, and buy them right? 95K for a new 16 SE. I wonder how that boat stacks up in this game. 100 hours already, bought in late July (winterized Nov 1). Maybe this one I run until 500 and not think twice, then? Even if the residual is 60, it’s still the price to play and stop thinking about it?


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Totally, I think I mentioned that in my comment.

Without booking it Dakota, I cant see why that boat wouldnt hold into the high 80s well into the next 2-3 years.

[Germaine Marine]

1. option it correctly
2. Color it correctly
3 Buy it right.
4.Carry as short as you can

Do those things and you can safeguard yourself.

[Germaine Marine]

I love color but people always ask how I am able to get in and out rather quickly. The main thing is neutral color. It may not be flashy and my absolute favorite, but it appeals to the most people. If you have crazy color then its going to appeal to mostly people who like crazy color. If its neutral and done right its going to appeal to both sides of the street.