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when to buy a used boat

 
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biglouie
Outlaw
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Joined: 02 Aug 2006
Posts: 135

PostPosted: Aug 28, 2006 6:10 pm    Post subject: when to buy a used boat Reply with quote

Do I wait till spring to buy or buy now in the fall? I've heard you can find great deals in the fall and I've been looking. The thing is if I buy now basically I buy it and put it in storage for 7-8 months! I was told it's much harder to find a boat in the spring cause everyones looking. I'm looking at buying used, not new.
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newbiestratos
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Joined: 03 Aug 2006
Posts: 20

PostPosted: Aug 29, 2006 5:26 am    Post subject: saving money/letting it sit Reply with quote

I have bought several boats and the best deals I have found have always been in the fall. It does suck to store one right after you buy it but you will most likely get a better deal. The biggest suggestion I can give anyone who is looking to buy a boat, whenever they are looking, is to do your research! Go to boattraderonline, Kelly Blue Book.com, and any other boat site you can find. Find out what the boat you are looking at is really worth and go from there. Hope this helps. Puppy Eyes
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Wakebrad
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Joined: 11 Dec 2003
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PostPosted: Aug 29, 2006 6:09 am    Post subject: Reply with quote

You can find better deals in the fall but better selection in the spring. You have to be quicker in the spring though because there are a lot more people looking.
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Road Head
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Joined: 03 Jul 2006
Posts: 70
City: Nashville

PostPosted: Aug 29, 2006 6:40 am    Post subject: Reply with quote

I bought a used boat this past February and got a good deal on it. It seemed to be a fairly stagnant time for boat sales. People were coming off holiday spending, and preparing for tax season, and wondering why they have a boat thats not being used sitting in the driveway taking up space, not to mention its cold and dreary. I would say you can get the best deals in January or February, but the selection is probably the worst at that time. Fall has good deals and decent selection, Spring, high selection, high price.
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E.J.
Ladies Man
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Joined: 15 Jan 2003
Posts: 7597
City: Mogadishu

PostPosted: Aug 29, 2006 7:01 am    Post subject: Reply with quote

Road Head wrote:
I bought a used boat this past February and got a good deal on it. It seemed to be a fairly stagnant time for boat sales. People were coming off holiday spending, and preparing for tax season, and wondering why they have a boat thats not being used sitting in the driveway taking up space, not to mention its cold and dreary. I would say you can get the best deals in January or February, but the selection is probably the worst at that time. Fall has good deals and decent selection, Spring, high selection, high price.


BINGO.

Some of this depends on how much, if anything, you would pay for storage. If what you are paying for storage is more than what you would save buying Fall/Winter and not Spring, that may factor in. I am surprised when I hear what some people pay for storage.

If storing at home, buying in the Fall gives you all Winter to work on things you want to do to your boat.......
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mengee
Newbie
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Joined: 19 Apr 2006
Posts: 19

PostPosted: Aug 29, 2006 7:48 am    Post subject: Reply with quote

What was said above make sense. I've bought two used boats and time of year does effect selection and price. However, what I would say is once you have made a decision to start looking and buy a boat, when you find the boat you want in the general price range you want, go ahead and get it. If you find the right boat this Fall, buy it then. If you wait till Spring, not only might you pay more, but you may have trouble finding exactly what you want. Good luck.
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Mikey27
Soul Rider
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Joined: 23 Apr 2005
Posts: 420
City: Shreveport, LA

PostPosted: Aug 29, 2006 8:27 am    Post subject: Re: saving money/letting it sit Reply with quote

newbiestratos wrote:
The biggest suggestion I can give anyone who is looking to buy a boat, whenever they are looking, is to do your research! Go to boattraderonline, Kelly Blue Book.com, and any other boat site you can find. Find out what the boat you are looking at is really worth and go from there. Hope this helps. Puppy Eyes


One thing to keep in mind is that used boats especially inboards that are in good shape are going to sell for quite a bit above "book value". It all comes down to supply and demand.

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