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Selling DCB’s

ChasingPaper

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It seems like the big boy DCB owners are selling right now. Am I reading into to it or am I right and there’s a reason? Are they getting bigger DCB’s or maybe switching to outboards or is it something else?


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NeedlesRat

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It seems like the big boy DCB owners are selling right now. Am I reading into to it or am I right and there’s a reason? Are they getting bigger DCB’s or maybe switching to outboards or is it something else?


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I noticed the same thing


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skater40

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Last year at the Lake Powell challenge PR,when the water got rough,all the DCBs went back to the marina and the MTIs stayed out.When the MTIs came back in several hours later,several DCB owners were asking for rides.
It’s my understanding 2 DCB owners ordered new MTIs and I am told there are 2-3 getting ready to switch.
 

ChasingPaper

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Last year at the Lake Powell challenge PR,when the water got rough,all the DCBs went back to the marina and the MTIs stayed out.When the MTIs came back in several hours later,several DCB owners were asking for rides.
It’s my understanding 2 DCB owners ordered new MTIs and I am told there are 2-3 getting ready to switch.

The full cat hull makes more sense to me


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blowncommission

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I think when you have the money, you can get whatever you want and make it exactly how you want it, but also have the ability to say been there done that, what’s next.
 

lavey jr

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I think they're selling their boats right before the 1350's need to be refreshed to avoid that cost... Then buy another boat and sell again before that rebuild... Repeat...
 

Enen

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I think they're selling their boats right before the 1350's need to be refreshed to avoid that cost... Then buy another boat and sell again before that rebuild... Repeat...

I was thinking the same thing. The Merc QCV4 platform is great, until it needs to be refreshed.
 

Justfishing

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I was thinking the same thing. The Merc QCV4 platform is great, until it needs to be refreshed.
Yeah but do you see the discount from new that the boats have.

I think it is fu money let's you get rid of a 2 yo boat the same way a guy does a car. Half the fun is the newness
 

GRADS

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Their black socks are dirty and it's easier to sell the boat than wash the socks.
 

Dalton

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buy em.....use it for 2 years with out refreshing....sell it for 20k less than you paid......repeat every 2 years
 

SJP

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They make awesome boats. I would not hesitate to buy another one. They are a lot of work to own but I really enjoy it. Personally, boating on Havasu the new outboard boats are killer. The 15MPH top end I will give up any day for reliability and factory warranty.

This market also lends itself to selling your boat and doing xyz. With merc releasing new upgrades and power packages I think you will be seeing more big block boats hit the market.

Tony Chiramonte does a great job at the shop and they are cranking. They make a gorgeous product that performs well. Given the opportunity I would recommend anyone put it on their performance boat bucket list.
 

ChasingPaper

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They make awesome boats. I would not hesitate to buy another one. They are a lot of work to own but I really enjoy it. Personally, boating on Havasu the new outboard boats are killer. The 15MPH top end I will give up any day for reliability and factory warranty.

This market also lends itself to selling your boat and doing xyz. With merc releasing new upgrades and power packages I think you will be seeing more big block boats hit the market.

Tony Chiramonte does a great job at the shop and they are cranking. They make a gorgeous product that performs well. Given the opportunity I would recommend anyone put it on their performance boat bucket list.

They have set themselves apart when it comes to quality and being meticulous! I think the outboard revolution is upon us...why wouldn’t you consider it with the fuel efficiency, reduced service cost, and warranty?


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New to boating

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buy em.....use it for 2 years with out refreshing....sell it for 20k less than you paid......repeat every 2 years

That's nice to say but not even close to how it works in reality..... in reality, (about this post and others in this thread)

Many of the DCB Owners finance their boats, so the presumption that they all have "unlimited liquidity" is not necessarily valid, but regardless of how the boat is acquired...

The reality of Buying a new M35 w-1350's (or any other late model big power CAT w-Merc power to be fair) is as follows:

With all bells and whistles probably going to pay between $850K and $900K on a flat trailer (tilt trailer add $80K)
Run the boat until the engines are "timed out" - anything over 120 hours is "timed out"
List the boat for sale for between $600K and $700K (so you only take a $250K bath when it sells) because "that's what the delivery/sales Guy to you it would sell in a week for used"
Receive ZERO offers (except low ball offers) and the boat sits for sale, in some cases for years

Then, as reailty sets in you.....

Come to the realization that you need to.... a) drop price to giveaway pricing (between $450K and $500K) just to start getting offers b) send engines to Merc Racing for Refresh (adding $100K to your basis) under the thinking that you can raise the price $100K for 0 hour 1 year warranty engines (it still wont sell at the higher price, but its a logical thought)
c) keep the boat and keep running until the engines start to have problems

Reality is most of the Owners are taking $400K to $500K losses within the 1st few years when they sell these boats - if they are in really good condition, and more if they are not.

And there are a limited number of Owners who can sustain those losses boat after boat and justify it with enjoyment - there are also a lot of Guys that can't sell if the sales proceeds "wont cover their payoff..."

And a Guy that can spend $500K for a used one (if he isnt financing the purchase) probably is buying a new one that is painted the way he want's it, with the interior the way he wants it etc - not yours ...
 

done

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That's nice to say but not even close to how it works in reality..... in reality, (about this post and others in this thread)

Many of the DCB Owners finance their boats, so the presumption that they all have "unlimited liquidity" is not necessarily valid, but regardless of how the boat is acquired...

The reality of Buying a new M35 w-1350's (or any other late model big power CAT w-Merc power to be fair) is as follows:

With all bells and whistles probably going to pay between $850K and $900K on a flat trailer (tilt trailer add $80K)
Run the boat until the engines are "timed out" - anything over 120 hours is "timed out"
List the boat for sale for between $600K and $700K (so you only take a $250K bath when it sells) because "that's what the delivery/sales Guy to you it would sell in a week for used"
Receive ZERO offers (except low ball offers) and the boat sits for sale, in some cases for years

Then, as reailty sets in you.....

Come to the realization that you need to.... a) drop price to giveaway pricing (between $450K and $500K) just to start getting offers b) send engines to Merc Racing for Refresh (adding $100K to your basis) under the thinking that you can raise the price $100K for 0 hour 1 year warranty engines (it still wont sell at the higher price, but its a logical thought)
c) keep the boat and keep running until the engines start to have problems

Reality is most of the Owners are taking $400K to $500K losses within the 1st few years when they sell these boats - if they are in really good condition, and more if they are not.

And there are a limited number of Owners who can sustain those losses boat after boat and justify it with enjoyment - there are also a lot of Guys that can't sell if the sales proceeds "wont cover their payoff..."

And a Guy that can spend $500K for a used one (if he isnt financing the purchase) probably is buying a new one that is painted the way he want's it, with the interior the way he wants it etc - not yours ...
Well said, you are correct !
 

OC Mike

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I don’t live in that World but it sure sounds about right.
 

Mini Kat

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They make awesome boats. I would not hesitate to buy another one. They are a lot of work to own but I really enjoy it. Personally, boating on Havasu the new outboard boats are killer. The 15MPH top end I will give up any day for reliability and factory warranty.

This market also lends itself to selling your boat and doing xyz. With merc releasing new upgrades and power packages I think you will be seeing more big block boats hit the market.

Tony Chiramonte does a great job at the shop and they are cranking. They make a gorgeous product that performs well. Given the opportunity I would recommend anyone put it on their performance boat bucket list.
Note to myself, name next boat. "Just Wacked My Kat"
 

playdeep

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That's nice to say but not even close to how it works in reality..... in reality, (about this post and others in this thread)

Many of the DCB Owners finance their boats, so the presumption that they all have "unlimited liquidity" is not necessarily valid, but regardless of how the boat is acquired...

The reality of Buying a new M35 w-1350's (or any other late model big power CAT w-Merc power to be fair) is as follows:

With all bells and whistles probably going to pay between $850K and $900K on a flat trailer (tilt trailer add $80K)
Run the boat until the engines are "timed out" - anything over 120 hours is "timed out"
List the boat for sale for between $600K and $700K (so you only take a $250K bath when it sells) because "that's what the delivery/sales Guy to you it would sell in a week for used"
Receive ZERO offers (except low ball offers) and the boat sits for sale, in some cases for years

Then, as reailty sets in you.....

Come to the realization that you need to.... a) drop price to giveaway pricing (between $450K and $500K) just to start getting offers b) send engines to Merc Racing for Refresh (adding $100K to your basis) under the thinking that you can raise the price $100K for 0 hour 1 year warranty engines (it still wont sell at the higher price, but its a logical thought)
c) keep the boat and keep running until the engines start to have problems

Reality is most of the Owners are taking $400K to $500K losses within the 1st few years when they sell these boats - if they are in really good condition, and more if they are not.

And there are a limited number of Owners who can sustain those losses boat after boat and justify it with enjoyment - there are also a lot of Guys that can't sell if the sales proceeds "wont cover their payoff..."

And a Guy that can spend $500K for a used one (if he isnt financing the purchase) probably is buying a new one that is painted the way he want's it, with the interior the way he wants it etc - not yours ...

At the risk of redundancy...
I wish you would chime in more often.

Always enjoy your No B.S. /No spin takes on boating related subjects.
 

Englewood

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Many of the DCB Owners finance their boats, so the presumption that they all have "unlimited liquidity" is not necessarily valid, but regardless of how the boat is acquired...
I hear otherwise. I'm told very few finance these boats.
 

throttle

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My .02 used boat sales are hot, cash buyers seem ok paying higher prices recently for quality, craftsmanship and reputable builders. Buyers are also able to get loans now with newer used inventory. Not a lot of banks or credit unions had programs offered outside of 5-8 year old boats (and we all know there was a period of years not very many were being built, adding to the previous reduced inventory).
There doesn’t seem to be a decline in new boat sales currently either, let’s continue to build [emoji106]
Just a quik thought... money might buy a beautiful boat, but doesn’t buy driving experience or common sense. Keep our waterways safe gentlemen.



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RiverDave

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That's nice to say but not even close to how it works in reality..... in reality, (about this post and others in this thread)

Many of the DCB Owners finance their boats, so the presumption that they all have "unlimited liquidity" is not necessarily valid, but regardless of how the boat is acquired...

The reality of Buying a new M35 w-1350's (or any other late model big power CAT w-Merc power to be fair) is as follows:

With all bells and whistles probably going to pay between $850K and $900K on a flat trailer (tilt trailer add $80K)
Run the boat until the engines are "timed out" - anything over 120 hours is "timed out"
List the boat for sale for between $600K and $700K (so you only take a $250K bath when it sells) because "that's what the delivery/sales Guy to you it would sell in a week for used"
Receive ZERO offers (except low ball offers) and the boat sits for sale, in some cases for years

Then, as reailty sets in you.....

Come to the realization that you need to.... a) drop price to giveaway pricing (between $450K and $500K) just to start getting offers b) send engines to Merc Racing for Refresh (adding $100K to your basis) under the thinking that you can raise the price $100K for 0 hour 1 year warranty engines (it still wont sell at the higher price, but its a logical thought)
c) keep the boat and keep running until the engines start to have problems

Reality is most of the Owners are taking $400K to $500K losses within the 1st few years when they sell these boats - if they are in really good condition, and more if they are not.

And there are a limited number of Owners who can sustain those losses boat after boat and justify it with enjoyment - there are also a lot of Guys that can't sell if the sales proceeds "wont cover their payoff..."

And a Guy that can spend $500K for a used one (if he isnt financing the purchase) probably is buying a new one that is painted the way he want's it, with the interior the way he wants it etc - not yours ...

I don’t live in that World but it sure sounds about right.

Well said, you are correct !

Parts of it I agree with and parts of it I don't. NTB knows everything though just ask him.. LOL

FYI - From the horses mouth (DCB) they say about 5% of the boats are financed. In the last several years there was only one customer that financed a portion of the build. I didn't ask why, but I'd assume he was moving some money around while he was building the boat or something. Who knows.. I don't much care if they finance them or not, but the reality is not many do, in contrast to the original post making it sound like the majority do.

FYI The numbers on a 35 Full Boogie loaded is 800. Trailer is how you build it but can range from 25-35'ish.. If you want a tilt it's gonna be 100-135 depending on who builds it (bumper pull). More if you go goose neck and start going crazy like some of the east coast guys do.

With anything when you buy some exotic, whether that's a boat / car / airplane etc.. You are gonna take a big hit on depreciation when you first buy it. After that depending on the age ole rule of basic business "Supply / Demand" it's going to determine it's value long term. In "most" cases (there are exceptions / collectors items etc) you are gonna take a hit up front.. In some cases you get lucky and the desire.. I mean demand can outweigh the supply and the values can go up. (Square body Chevy's / VW's / Most boats right now / Airplanes)

There are numerous cases like Don Johnson whom has a big power F32 where the boat is now worth a considerable amount more then he paid for it. It's not exclusive to DCB only, across a lot of brands that is the case. I'm watching cheap little jet boats that would've sold for 6K a few years ago go for 14K right now.. And a basic 21 Ultra that was sub 30K new go down to the teens, and now back up into the 20's. I suppose it's where you get on that merry go round is what counts.

To the point of the thread though, people like building things.. Trends change... and often times people just want a change. Right now there are a few big name DCB's up on the market. Some of those guys are decided they want to go the new outboard route. Some of those guys are upgrading to a larger model. Some of those guys want out of the game after what happened with Lickity Split. To come full circle, some of those guys also know they are going to get as much out of it right now as they are ever gonna get..

There's a variety of reasons why each person is selling theirs, or not..

I don't think you can blanket a market that has that few of boats in it to begin with to a "trend" and start throwing out these generalizations like NTB has here. The market is small on these boats.. I haven't looked it up (I could if needed) but how many are for sale right now? 7? 8? 10? Call it even 15? (which I don't think it would be that high in the M Series), if three or four guys all decide to sell their boats you just swung the amount of boats for sale by a huge margin. Or if three or four guys decide to pull them off the market same thing. Makes ya kinda wonder what would happen if all of them got together and put the fix in on the prices and raised em 10%?

Either way my point is, a couple of extra guys putting boats up for sale doesn't mean the market is trending one way or another. In a market that small it just means a couple of extra guys put their boats up for sale. I happen to know quite a few of them have been out taking rides in the new M33 recently. Maybe they want the cost effectiveness of the outboards? I dunno.

RD
 

lake p.a.l.

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Lakes and rivers are smooth more often than rough.
In no way bashing DCB or others that build center pod boats. I always have to laugh when I hear Havasu peeps say it's too windy & rough to go boating. I would absolutely love to see a 30+ center pod try to run with a 30+ true cat. Different boats for everyone is great in my opinion.
 

RogerThat99

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True, if you're starting with a $40,000 Bayliner.:cool:
Bayliner has a 40k dollar boat. [emoji47] [emoji202]

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At the LA Boat Show this year, a basic 18" SeaRay open bow was almost $50k. I know SeaRays are more expensive than a Bayliner, but I would think that would put the comparative Bayliner at close to $40K.

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Don Johnson

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In no way bashing DCB or others that build center pod boats. I always have to laugh when I hear Havasu peeps say it's too windy & rough to go boating. I would absolutely love to see a 30+ center pod try to run with a 30+ true cat. Different boats for everyone is great in my opinion.


Hey Rob. Apples to apples I completely agree. That said, a 30 some true cat with outboards or bravos vs a 30 some center pod with #6's would not hold true. You start putting the weight of 6 packages in a 31/32' DCB and it absolutely crushes pretty much whatever Havasu can throw at it.
 

Croz

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A few days ago I posted in this thread and it was removed by the moderators for saying “I assumed all the big DCBs for sale were because of the tragedy that happened at DS”

With in 2 weeks after DS 4 big DCBs went up for sale..
 

Croz

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77233312-FEEB-4095-A58A-2AFD594FB286.png 5D0B8D12-FD45-4D5F-B37C-74126A563837.png 534F6711-A2B1-4D32-A536-27A530CC10AD.png 87EF5C59-5A8D-49D5-A1C0-4D4F58F92647.png
 

Englewood

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A few days ago I posted in this thread and it was removed by the moderators for saying “I assumed all the big DCBs for sale were because of the tragedy that happened at DS”

With in 2 weeks after DS 4 big DCBs went up for sale..
It's too soon...There is a consistent flow of DCB's that go up for sale. I think your conspiracy theory is incorrect. Big money guys make moves that don't always makes sense to the average Joe.
 

Croz

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Mine is not up for sale because of what happened at DS. I am simply making a change.

and there’s a chance the other 3 are doing the same. But the timing was there
 

Croz

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It's too soon...There is a consistent flow of DCB's that go up for sale. I think your conspiracy theory is incorrect. Big money guys make moves that don't always makes sense to the average Joe.
It’s not a conspiracy theory it was just my opinion.
 

JD D05

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Why does it matter if they are selling due to the accident or not?
 

Croz

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Why does it matter if they are selling due to the accident or not?
It doesn’t at all, and I didn’t think so when I first mentioned it, someone had made a dick comment bashing DCB and maybe my post got caught up in that. Look I’m not trying to piss anyone off, I find this thread interesting so I gave my opinion. I can’t imagine having a boat that costs more than my house so maybe I don’t know what I’m talking about.
 

94essex

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Interesting thread. I always am curious when high dollar stuff like dcbs or trophy trucks and 1 cars go up for sale. I imagine its probably the same reason why i always buy and sell stuff. Just more interesting when its worth more then my house.
 

River Lynchmob

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Not completely sure right now Lynch. My business is growing so fast, taking away from playtime, that I just cant use the boat. Only put 22 hours on her in 2 years.
I hear you...but mine is the kids...we are only getting out about 4 times a year and if we didn't live in Canyon I'm not sure I would have have our wake board boat.
 
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