Used boat market
 

How is the used boat market this year? I have a 21 Bennington 23RSB-ESP with a Merc 200 XL DTS engine. I am thinking of consigning. I dont have a price yet, as I am still researching. I havent seen any chatter on the forums about the used market.

Larry (Moultonboro)

Weaker than it has been from what I see. Since Covid pricing has calmed down a bit, there seems to be more inventory, which equals lower prices. A good brand- high power tri toon (sounds like what you have) would still bring money- just not close to what it was three years ago. It's more price it to sell v. price it for what you want to get for it. Your best bet would be to bring it to the dealer you bought it from and put it on consignment. It's worth paying their commission to not deal with the internet.

It’s about the same as the housing market. Sellers still think the market is the same as 2 year ago. Price it right and it will sell. Facebook marketplace is where I would advertise instead of consignment.

I spoke with a broker last year and he said the market was very slow. He had 17 on consignment and not any interest at all. Maybe it changed a bit this year, IDK.

It seems like all toy sales are slowing down.

I know not exactly similar, but the place we bought our new golf cart from kept their "spring pricing" longer than usual because they still needed to clear out inventory.

Also, I had a guy buy my old golf cart within twenty minutes of posting on Marketplace. I'd priced it based on watching other carts sit for a while, but this guy bought it to resell. He posted it for $800 more than I sold it to him for, dropped it to $500 over, but it's still sitting after almost a month. He'll be lucky to break even now that the season is starting.

Please let us know what you do with yours, as I've got a '16 pontoon we've been thinking about trading up.



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If you look for a boat similar to the one you want to sell it should give you an idea of the market pricing for that boat. Over many years I have bought several used boats online, always freshwater only boats. I search using Boat Trader and put in the Chicago zip code (60606) and set the search radius at 500 miles. This search will cover the Great Lakes and Lake of the Qzarks in Missouri. The vast majority of the used boats that come up on your search will be boats that have only been in freshwater. You still need to check, as some of them may have been transported to a lake after salt water use.

One large dealer I know in Maine says their new boat sales are great. They are setting up and delivering 25 new boats a week and if you buy one today it will be late June before they can get it to you. They also said they had great sales this year at the Boston Boat Show. A lot of those sales involve trade ins but he didn't mention those sales.

I actually just found what I was looking for in Missouri and I'm taking a truck to pick it up next week. There were about 8 similar boats that came up in the search but the price and low hours (75) on this boat seemed to be a great deal. To me, it is worth the effort to find what you are looking for, at a price that you think is a good deal, and transport it to the lake.

I’m thinking since it’s you,it must be an interesting boat…….don’t tease us……tell us about it : )

It's all about supply and demand, more supply and less demand right now.

Well Bob.............Since you asked: It is at least interesting to me! It is a 2023 Sea Ray 280 SLX. It was more interesting because it has the 430 HP 8.1 and only 75 hours. Most of the used boats on Lake of the Ozarks have been kept on a lift undercover so the finish has not faded much. The drive to get there is about 22 hours, a lot of which is boring, but I have read about that lake for years and always wanted to see it. I may stay a couple of days to look around, even thinking of putting the boat in the water when I get there.

Sharp boat!

Will you be setting a new MPG record bringing her home?

What kind of boats is he selling? What's being traded in?

I sent you a PM. They have a real variety of boats, although they sell over 100 pontoon boats a year they also have other types of boats.

Very nice boat Dennis.28’ is perfect for a lake boat

Nice!!
 

That’s a great looking boat Tilton! Congrats!!

Dan

Lake boat.
 

Greetings all.

A number of members here express buying my boat decade(s) ago. It is finally up for sale. I can't find the messages or posts to get a hold of you.

I have a 1988 Formula 223 LS. A boat house boat since 2010. Originally bought in Maryland. It was on the Potomac River since new. I'm not sure if it has been in salt water, but it was stored for 7 years prior to my ownership.
Since then, the gas tank was flushed, new rubber hoses, and carb rebuild.

In 2021 I had the 454 rebuilt .030 over by Peterson because of excessive oil consumption. There was 1200 hours on the clock. Boat and motor maintained by Lakeport Landing. At the same time, I had the back seat rebuilt and reupholstered. Otherwise, normal wear and tear on the rest of the boat. It is 1400 hours on the clock.

PM me if interested.

Decade(s) ago? :laugh: I have a feeling they may have moved on....

I can't seem to give away a 2014 SeaRay Sundeck 260 with a 0 hour rebuilt motor in it. And the rebuild was from a 35 hour engine (not mine). It even has the sport arch which was a very $$$ item. A few tire kickers, but nobody serious.

Throw up some pictures and pricing on here, you never know!


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That's very well said and I echo the comments on the housing market as well. I sold my boat last year on Craigslist within a week of posting and had two back up offers. I priced it lower than I probably had to but did not feel like going back on forth on pricing.

Things are slowing down. Some don't want to believe it, but it is a reality.

Don't be greedy with your asking price. Price it to move now.

The buying interest will go down sharply once we hit August (unless you take it down to Florida).

Maybe, but not in a good way! However, diesel was only $2.98 in Missouri. But, $3.95 on the NY Thruway.

Irwin told us yesterday that big boats are selling this spring whereas last spring they weren't selling at all.

I thought we were priced really well on a 2014 SeaRay Sundeck 260 with a sports arch and a zero hour rebuilt engine (with only 35 hours on that engine until it was rebuilt). Priced at 44.5K Seems right inline with others. We've had a few lookers but no buyers. We have no trailer which seems to kill off some buyers.

You should be able to get a trailer or at least tell potential buyers the price of one if that would help your sale. Call the Trailer Outlet in Tilton and get a price.

I have bought a few trailers there and he always had the best prices. A tandem galvanized trailer would probably be about $5,400, but that is just a guess.

https://traileroutlet.net/