|
|
Posts: 24
| When it comes down to it, Really, if you are buying a boat based on its resale value, you are buying a boat for all the wrong reasons. You need to buy the boat that best suits you, your style, your likes, your family needs, and beyond all others, it has to make you say, everytime you get in it, MAN, I AM THE LUCKIEST GUY ON EARTH!! I just love fishing from this boat and I did not even think about work while I was out in it today. If it does that for you, it will do it for the next guy as well and your RESALE VALUE WILL BE REALIZED!! Just think about that. |
|
| |
|
Location: Contrarian Island | that may be Stacker but what about say someone who buys a used boat and knows they are gonna sell it in a year or 2...even if they LOVE it don't you think one thing to consider is how easy it will be to sell in a years time? maybe some think that way, some don't...but it is something to consider...anyone who has ever tried to sell a boat or other toy only having to drop the price a ton to sell it probably doesn't remember all those days they were in la la land but how much they had to bite the bullet when it came time to sell...i recently sold a ski boat that I bought 6 yrs ago and only "lost" 2500 from when I bought it...happiest days in a boat owners life are the day they buy it and the day they sell it...
Edited by MSKY HNR 9/14/2007 12:18 PM
|
|
| |
|
Posts: 65
Location: De Pere Wisconsin | What many people fail to realize is that depreciation eventually becomes the reverse if a product is held onto long enough and taken care of. A 30% hit when you tow the boat off the lot and then 10% a year after is about what I see when I look at boats...plus the loss on electronics.
Anything almost 30 years old will sell for more than new is my guess if it is still operating and in better than could be expected condition for it's age.
The average retail paying boat buyer (me) is crazy to sell a new boat after 1-3 years...but I have done it. Looking at what boats are selling for when they are 3-8 years old seems to be a real judge of what the value retention is. I can't say I have been really watching any one brand in that age range...I have been shocked at how high the price was on some older 680/681/690 Ranger's that sold ....but there isn't anywhere near the number of Tuffy's to compare it too.
So at one year a 20k boat is worth - 14000 cost of 6000 per year
two years -12600 cost of 3700 per year
3 years -11340 cost of 2886 per year
4 years -10340 cost of 2415 per year
5 years -9306 cost of 2138 per year
10 years -5495 cost of 1450 per year,
I don't think a well taken care of 10 year Tuffy or Ranger would sell that low after 10 years, so the cost per year will be much lower....this is why I want to buy the right boat and hold onto it. |
|
| |
|
Posts: 2384
Location: On the X that marks the mucky spot | Brad, take a look at the resale on Rangers over at the "other walleye website" and tell me how great Ranger is compared to other boats. A new 620 with the trimmings is around 55k. A one year old one is around $40. That's about the same % as other mfg's. Take a Triton 202 where the retail is around $42k and the resale is around $35k. The Ranger depreciated around 25% and the Triton around 16%. Granted you can play around with the "deal" you paid, but the depreciation line is pretty constant for every boat. Now when you figure in how much more some other brands cost (new) you also have to figure additional costs for increased sales tax, interest and insurance. The price isn't always the price.
As far as your 690 goes, you already bought towards the bottom of the depreciation bell curve. It's 3-4 body styles out and it was popular among certain circles. Ranger also doubled their price for a new rig too which also helps in the old used boat market.
I'm not taking anything away from your rig or Rangers in general. I'm just sick of people spouting the company line without using their heads and doing the math. |
|
| |
|
Location: Contrarian Island | no I agree Treats they all depreciate about the same...the hit on new boats the first year is huge...that is a fact..
maybe there is just more interest/desire to own a Ranger because it sure seems to me that Rangers sell way faster on used boat sites (including this one) than other glass boats...but you are right...they all depreciate roughly the same...I still say Ranger boats are the best fishing boat (though I did take a good look at the Tritons) made and I would have said the exact same thing 2 yrs ago when I had a Lund and dreamed of being in a Ranger...all boats are nice, just pick the one you like the most...and that can fit in your garage! 
Edited by MSKY HNR 9/14/2007 12:44 PM
|
|
| |
|
Posts: 32935
Location: Rhinelander, Wisconsin | 'Seems to me' all the brands of used glass boats sell pretty well on this site and others; I haven't seen any one brand that does or doesn't sell well overall. Some models of some brands are tougher to sell than others even of the same brand, because of where the model fits out there in the world of the muskie/walleye/multispecie/panfish whatever angler.
One thing for sure, used boat sales in general are down from past years for ALL brands. |
|
| |
|
| Lots of good info here.
Remember there is only one "Ranger Family" and you need to have a Ranger to get in. LOL
I have both an Older Ranger (1998) and a older Tuffy (1990) both still great boats. Ride them all, buy the one you like and can afford. You are paying for it not all of us guys telling you what to buy.
|
|
| |
|
Posts: 13688
Location: minocqua, wi. | and then there is Champion .... LOL, i'd rather have one of them than anything, a shame the leader of the company that made the best boat was a crook ... who knows what boats would be today with that company still in the game. they defined fit and finish ... |
|
| |
|
Posts: 3518
Location: north central wisconsin | Thanks Brad but main thing is the dude in back likes it(often me..). Like it even more with grey on the back now too.
Edited by Reef Hawg 9/14/2007 9:42 PM
(summer07 096 (Large).jpg)
Attachments
----------------
 summer07 096 (Large).jpg (108KB - 179 downloads)
|
|
| |
|
Posts: 2384
Location: On the X that marks the mucky spot | DUDE, YOU'RE FISHING IN THE FOUNTAIN OF YOUTH!!!!!!
Let me guess, only fingerlings in that lake...  |
|
| |
