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current used boat prices? Help me understand what I am looking at
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<blockquote data-quote="Macintosh" data-source="post: 488237" data-attributes="member: 31571"><p>Hi all,</p><p>I have heard many people say that after covid boat prices have gone through the roof. I am wondering if what I am seeing is part of that, or if I'm looking at book values wrong, or what. I'm shopping for a plain, tiller, 16' tin boat--extremely difficult to find near me, everything is either 14' or less, or it's a "finished" boat that is larger and heavier than I am looking for. So this is part of it. However, what I'm seeing is a decent number of used boats from 1980's through mid-2000's vintage where the asking price is 3x or more the average retail book value, often significantly more than the original list price for those items when new. Example, I see a 2008 Lund wc16 on a trailer with a honda tiller 25hp. I see average book value is a bit over $4k, asking price is $9950. </p><p>So, am I seeing prices that people are actually thinking they'll get due to a shortage of boats, etc? Or is this just speculative pricing where someone says "if they're stupid enough to pay this, then of course it's for sale"? Or? </p><p></p><p>Thanks for any thoughts or feedback, I'm just not sure how to make an informed offer or get a sense of what is realistic due to some of this pricing.</p></blockquote><p></p>
[QUOTE="Macintosh, post: 488237, member: 31571"] Hi all, I have heard many people say that after covid boat prices have gone through the roof. I am wondering if what I am seeing is part of that, or if I'm looking at book values wrong, or what. I'm shopping for a plain, tiller, 16' tin boat--extremely difficult to find near me, everything is either 14' or less, or it's a "finished" boat that is larger and heavier than I am looking for. So this is part of it. However, what I'm seeing is a decent number of used boats from 1980's through mid-2000's vintage where the asking price is 3x or more the average retail book value, often significantly more than the original list price for those items when new. Example, I see a 2008 Lund wc16 on a trailer with a honda tiller 25hp. I see average book value is a bit over $4k, asking price is $9950. So, am I seeing prices that people are actually thinking they'll get due to a shortage of boats, etc? Or is this just speculative pricing where someone says "if they're stupid enough to pay this, then of course it's for sale"? Or? Thanks for any thoughts or feedback, I'm just not sure how to make an informed offer or get a sense of what is realistic due to some of this pricing. [/QUOTE]
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current used boat prices? Help me understand what I am looking at
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