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Lets Talk Boat Prices - 2025

shintoooo

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It's good to have friend's with boats. 😆 I'll buy the gas, alcohol, and pay for all the dinners and be a boat bitch. The crazy thing is I have to fight my friends to pay for anything. We'll eventually get another boat but right now enjoying not being locked into boating.
 

JFMFG

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I’m closer to $40k per set, each side, on 700s. Talk about flinching.

That said, I do plan on 250-300 hours before selling..
Ya that would make my ass hurt for a few months lol.
 

JFMFG

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What’s the justification for merc rebuild costs lol seems outrageous imo. This thread is all over the place 💀
I guess moral of the story is if you’re gonna buy a boat you’re gonna pay a premium used or new for performance lol. Everything else is in the shitter and be ready to spend money on maint lol
 

JL95

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I guess moral of the story is if you’re gonna buy a boat you’re gonna pay a premium used or new for performance lol. Everything else is in the shitter and be ready to spend money on maint lol
I get there is a luxury tax, however for $40k/side they could realistically give you a whole new drive and heads etc.. lol I might be way off base
 

JFMFG

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I get there is a luxury tax, however for $40k/side they could realistically give you a whole new drive and heads etc.. lol I might be way off base
From what I can see online new the drive and motor combo is about 100k a side so I don’t think that’s horrible.
 

530RL

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It's good to have friend's with boats. 😆 I'll buy the gas, alcohol, and pay for all the dinners and be a boat bitch. The crazy thing is I have to fight my friends to pay for anything. We'll eventually get another boat but right now enjoying not being locked into boating.
Don’t think of owning a boat as something that locks you into going boating.

Think of a boat as an option to go boating anytime you want.

And if that is never, who cares.
 

OC Daytona

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Don’t think of owning a boat as something that locks you into going boating.

Think of a boat as an option to go boating anytime you want.

And if that is never, who cares.

Egzakery......what a bitch it is to get "locked into" doing my favorite thing to do at my favorite place 😁 🤣

Life sucks!!
 

COCA COLA COWBOY

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I think it depends on the boat. Also, if the boat actually sells. I'm seeing a lot of people post/list real estate, cars, trucks, RV's, Boats, etc at crazy astronomical prices, but of course they don't sell. I have personally seen the standard 21 day cruisers which used to be $30-40k come down to $6500-17k for the ones that actually sell. I learned not to comment of others marketing, but some people are living in a different world.

In Escondido, there was a circa turn of the century 3000SF home that was listed for $4.5mil for quite some time. This is nuts! I see a ton of properties that were listed at extreme high numbers and more coming on every day. The properties that actually sell, are priced aggressively.

I just opened escrow for a Mission Valley condo that is a stunner, completely renovated head to toe and they accepted an offer $30k below list.

I'm in negotiations for a 3 unit property that actually cash flows with a VA loan. Price is right, but the seller is getting deal terms to his liking. It has been impossible to find cash flow properties with little down. This buyer loves section 8 so he will have better returns as he places his own tenants.
 

Paradox

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I get there is a luxury tax, however for $40k/side they could realistically give you a whole new drive and heads etc.. lol I might be way off base


You got me thinking about this so I did a quick google search.

$96k for a new Mercury Racing 700 and M6 drive

Times 2 with tax and shipping is over $210,000 or 2 and a half times the cost of rebuilding. Plus, the new ones don’t come with Teague’s upgraded components.

 

HNL2LHC

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It's good to have friend's with boats. 😆 I'll buy the gas, alcohol, and pay for all the dinners and be a boat bitch. The crazy thing is I have to fight my friends to pay for anything. We'll eventually get another boat but right now enjoying not being locked into boating.

Oh now I am hurt @shintoooo You have never invited yourself to go out on our boat. 😩😂
 

Albert

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All I know is every used magic , conquest, Nordic deck boats are for sale for $109k, $129k or $149k a few stragglers at $103-106k
 

Bpracing1127

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It's good to have friend's with boats. 😆 I'll buy the gas, alcohol, and pay for all the dinners and be a boat bitch. The crazy thing is I have to fight my friends to pay for anything. We'll eventually get another boat but right now enjoying not being locked into boating.
Everyone on my boat has to be topless just saying…… lmao
 

spark2678

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The 2005-2010 custom boat market is struggling big time.

Every lender uses the NADA guide for values. Listing prices and NADA values are oftentimes a 30-40%+ difference.

For example:

2006 Magic Deck listed at 110k, NADA value 55-60k.

2008 Eliminator 27 Daytona listed at 125k, NADA value 40-50k at best.

2006 Cobra 27 listed at 80k, NADA value 30-40k.

Most people don’t have that much cash to cover the difference.

NADA Guide/value is killing the market for people that need to finance.

Surf boats and toons are dropping fast.
I thought everybody at RDP paid cash!
 

mbrown2

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I'll bite, and agree . . .

Custom boats (new or used) aren't coming down, by my Bigbore maths (which may or may not be accurate.......)
  • Over 50% (probably much higher than that even) west-coast manufactureres folded up shop in 2008-2009 and never returned to market
  • Massive reduction in boats ordered / built after 2008 = huge reduction in used inventory less than 10-15 years old
  • Massive inflation / devaluation of the dollar makes yesterdays 35k used boat a 70k used boat, - same trend as other toy prices
  • New boats are targeted to higher-end clientel and builders are simply not marketing or building stuff that the average guy can buy. So the cycle perpetuates itself and keeps prices thru the roof for what IS out there that is considered "reasonable" even by a stretch for the average upper-middle class guy.
  • Huge increases in material cost, energy, labor and insurance have made producing a low-volume custom boat insanely expensive
I agree with all that except 3 entirely...I stuggle how inflation has impacted a used boat; cost of materials/labor for that boat was in 2004. I think used boat high pricing is more to do with your 1 and 2.... There is no inventory on the custom boat market due to the 1 and 2 so prices on custom boats from that era stay high.
 
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spectras only

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The only boat I ever purchased new was my 1976 Spectra Daycruiser with BBF jetdrive. I've had it for 26yrs, sold it to a friend in very good condition for more than I paid for it new. However. in 26yrs money deflated, but I used the boat a lot , and that is priceless. My present boat that I bought in 2004. is a 1990 model, built well with fiberglass inner liner, and came with two almost new 2004 Mercruiser 6.2 EFI''s with 28hrs showb on the SmartCraft, having under 400hrs today, Bravo1X drives, SS Bravo 1 props. Marine machine external steering , Gaffrig contriols and gauges. The vinyl upholstery is still intact, no rips. The trailer is a TUFF C channel in excellent shape. The two engines/drives and trailer is probably worth more that one would want to offer for the whole boat;). The boat is solid as a rock.
I would not sell it for that, knowing that a 25'7 twin engined boat on trailer would cost way over 100K today.
I remenber that a 25'7 Mirage Trovare with single BBC and trailer was 70K around 2000.
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billet racing

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Wow, I'm sitting pretty. Bought my bare hull from Eliminator in 2000 for $7,900. Had GS Marine install my Aggressor jet. Did all the rigging and motor built myself. Built the trailer too. I can sell it for more than I've ever put into it. But never will because ,I LOVE THIS BOAT!!

What happened to the folks who would build /rebuild their own stuff? I grenade a motor, break a crank... It may cost me $5,000 to $10,000 to rebuild
$30 - 40K to build a motor is a lot of labor.

Sure I could slow down, and not turn the BBC nitrous motor at 8,100 rpms. OR keep the boost down, But there's no fun in that.

Jerry
 

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D Mac

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Every time a hurricane rips through the Gulf states or any part of Florida, we lose an untold amount of older East Coast boats that would have eventually been on the market. Cigs, Fountains, Formulas etc.
 

gqchris

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We are still seeing PPP money. Trust me. It hasnt dried up yet. Until we dry that up, people are gonna YOLO and inflation keeps inflating.
 

attitude

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I watch the market like a hawk. It is ridiculous still.

1979 Beat Up Day Cruiser Jets asking 9k. Its laughable.
I have a buddy that specializes in buying “cheap shit” for even cheaper, some of the boat ads he send me are wild🤣 However, those wild asking prices go away when he shows up with cash lol.
 

02HoWaRd26

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The 2005-2010 custom boat market is struggling big time.

Every lender uses the NADA guide for values. Listing prices and NADA values are oftentimes a 30-40%+ difference.

For example:

2006 Magic Deck listed at 110k, NADA value 55-60k.

2008 Eliminator 27 Daytona listed at 125k, NADA value 40-50k at best.

2006 Cobra 27 listed at 80k, NADA value 30-40k.

Most people don’t have that much cash to cover the difference.

NADA Guide/value is killing the market for people that need to finance.

Surf boats and toons are dropping fast.
I literally just went through this on my 08’ with insurance. They’re wanting to value it at 53k i asked if they’d show me where i could buy 10 of them at that price.
 

TPC

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Haven't seen any drop in prices on the boats we like. They all seem way over-priced with bait & switch shenanigans.
I'm not buying anything I feel I paid too much for even if the high prices are the new normal.
 

hallett21

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Agree with a lot that’s been posted. But I’ll add.

Some people should be shot for their gelcoat decisions 🤣. My god.

As a potential buyer I probably wouldn’t even call on half of these boats because the asking price is so insanely high.

Which makes me wonder if anything is actually for sale or are people just hoping that their 2004 boat is a lotto ticket.

Also why’s it so hard to find a boat for sale. You need to be a member of 45 Facebook groups. You need to ask if there are any available for sale. And then you have guys saying well I’ll sell mine for 25k more than it’s worth “I know what I have”.

Just saw a 2021 Ram 3500 dually asking for 95k lol. Lift kit, stereo and badging. Ok Clark.
 

HNL2LHC

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Just saw a 2021 Ram 3500 dually asking for 95k lol. Lift kit, stereo and badging. Ok Clark.

I can understand the pricing as he could have $125k into it. I knew that when I dumped money into my dream truck about the same time. Stock prices were stupid high at the time but I needed the truck that I figured was the last tow vehicle that I’d ever need. Then put in lift wheels and tires after the 6 figure purchase.

But the reality is that stock truck prices are still up. That being the case no one would be willing to purchase a modified truck for all that $$$$. Unless the buyer just can’t live without it.

I think many just throw numbers out there to see if anyone bites. How many times are for sale listings with the pull back sorry decided to keep it OR it just sits for 3 years until someone comes along and just won the lottery. That is too much work. I make purchases on the long haul and if I am going to sell I price it to move. I have enough drama without playing those games.

Anyone looking for a 210? Let me know how much you are willing to pay for it. 🤪. J/K please don’t send me a message. LOL
 

oldschool

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Wow, I'm sitting pretty. Bought my bare hull from Eliminator in 2000 for $7,900. Had GS Marine install my Aggressor jet. Did all the rigging and motor built myself. Built the trailer too. I can sell it for more than I've ever put into it. But never will because ,I LOVE THIS BOAT!!

What happened to the folks who would build /rebuild their own stuff? I grenade a motor, break a crank... It may cost me $5,000 to $10,000 to rebuild
$30 - 40K to build a motor is a lot of labor.

Sure I could slow down, and not turn the BBC nitrous motor at 8,100 rpms. OR keep the boost down, But there's no fun in that.

Jerry
From your lips to Gods ears.
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gqchris

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Agree with a lot that’s been posted. But I’ll add.

Some people should be shot for their gelcoat decisions 🤣. My god.

As a potential buyer I probably wouldn’t even call on half of these boats because the asking price is so insanely high.

Which makes me wonder if anything is actually for sale or are people just hoping that their 2004 boat is a lotto ticket.

Also why’s it so hard to find a boat for sale. You need to be a member of 45 Facebook groups. You need to ask if there are any available for sale. And then you have guys saying well I’ll sell mine for 25k more than it’s worth “I know what I have”.

Just saw a 2021 Ram 3500 dually asking for 95k lol. Lift kit, stereo and badging. Ok Clark.
Thats the thing. I totally agree and it seems like everyone is high on crack.
 

CLdrinker

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I don’t see how anyone is able to afford a new boat unless they are just loaded to the gills.

The only thing I have a payment on is my house which is half what a 2 bed apartment goes for. We make 250k a year buying a new boat would put us paycheck to paycheck.

Guess everyone is making 500k a year, that or people are in debt up to their eyeballs.
 

bonesfab

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I don’t see how anyone is able to afford a new boat unless they are just loaded to the gills.

The only thing I have a payment on is my house which is half what a 2 bed apartment goes for. We make 250k a year buying a new boat would put us paycheck to paycheck.

Guess everyone is making 500k a year, that or people are in debt up to their eyeballs.
I think it is most are in debt up past their eyeballs.
 

NeedlesRat

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Agree with a lot that’s been posted. But I’ll add.

Some people should be shot for their gelcoat decisions 🤣. My god.

As a potential buyer I probably wouldn’t even call on half of these boats because the asking price is so insanely high.

Which makes me wonder if anything is actually for sale or are people just hoping that their 2004 boat is a lotto ticket.

Also why’s it so hard to find a boat for sale. You need to be a member of 45 Facebook groups. You need to ask if there are any available for sale. And then you have guys saying well I’ll sell mine for 25k more than it’s worth “I know what I have”.

Just saw a 2021 Ram 3500 dually asking for 95k lol. Lift kit, stereo and badging. Ok Clark.
Saw that too and couldn’t believe the price and to me it’s hideous. However, it is a mega cab long bed which are super rare bet he has so serious money into that thing
 

Sportin' Wood

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Wow, I'm sitting pretty. Bought my bare hull from Eliminator in 2000 for $7,900. Had GS Marine install my Aggressor jet. Did all the rigging and motor built myself. Built the trailer too. I can sell it for more than I've ever put into it. But never will because ,I LOVE THIS BOAT!!

What happened to the folks who would build /rebuild their own stuff? I grenade a motor, break a crank... It may cost me $5,000 to $10,000 to rebuild
$30 - 40K to build a motor is a lot of labor.

Sure I could slow down, and not turn the BBC nitrous motor at 8,100 rpms. OR keep the boost down, But there's no fun in that.

Jerry
I wonder why we don't see more of this? From time to time I start trying to build a basic hotrod boat in my head.

Seems like $20K could conservatively get you in a new pump and modern LS3, use PRP seats for the interior and get your hands on a hull. I often wonder why no one sells kits, but I guess no one has the skill or desire to build something in their garage.

It's kind of a bummer that a 21 foot boat is too small for the lake these day. Not sure what changed between in the last 50 years that made the water get so rough.
 

NicPaus

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I don’t see how anyone is able to afford a new boat unless they are just loaded to the gills.

The only thing I have a payment on is my house which is half what a 2 bed apartment goes for. We make 250k a year buying a new boat would put us paycheck to paycheck.

Guess everyone is making 500k a year, that or people are in debt up to their eyeballs.
My bet is a lot inherited money in the mix. Jobs I am doing for couples my age or younger. Checks are from trusts or parents.

I am at a job now. He customer is my age. My guess is he makes around 400k a year. Houses here the average payment is 8-12k. House has been sitting empty for 4 years. No rush to finish it up. Just pays the monthly.
 
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