Used boat market 2nd half 2022?

[Pegu Club]

Originally Posted by PinkHemiCoronet

First post on the forum. I just bought a 30' Islander mkii ready to sail for $1500 last week. That was in Ithaca, NY. Diesel motor runs like a top. Owner said he listed it for $4000 and didn't get a single inquiry. That forced him to lower the already underpriced boat.

This right here ^^^

We skipped new boats altogether after a short look at total coasts. We purchased our current boat in 2015, refit her and have not looked back, total expense, including refit was more than fifty percent less than any new purchase price for a similarly sized and equipped new sailboat.

The used market is where the value is, being that the prices are no longer going up, and that prices are currently starting to go down, it will be a near total buyers market in two years.

Fair winds,

[geoleo]

Originally Posted by argosail

I'll have whatever you're smoking please

Me too#double

[cdreid]

Econ 101 says boat sales are going to be garbage this year except at the very top. Money isnt cheap right now and most people are going to finance expensive boats. Higher interest rates = lower sales. That doesnt mean deals are about to be everywhere.. inflation means higher costs so next years boats are probably going up.. even if you put down a deposit theyre calculating at todays costs.

I think for the next 2 or 3 years lower cost used boats are going to be a steal (cash buyers) but new boats are going to rise in cost even while sales are down. For the reason BBill stated.

[Pete7]

Originally Posted by Rumrace

Tides are no fun.

What, they are huge escalators, hop on and enjoy the ride. Sure you might have to get out of bed at 4am to catch the tide but that's life.

[goboatingnow]

Well we shall all see. Soon enough