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Posts: 384
Location: Northern Illinois | When's the best time to buy a boat (new) or does it really matter? Do MFGs and Dealers have inventory that they will reduce price on if they haven't sold a boat when the next year model comes out?
Also, if I see a price on a MFGs build your own boat page, how much can I expect to pay if I actually purchase it at a dealer (same, 10% off, 20% off etc). |
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| Well, have gotten several ads from Lund dealers claiming big savings on 2023 boats. I own an older Lund, maybe that is why I got the ads online. Prices quoted were quite a bit lower than a fishing buddy paid for a 2024 back in February. Mercury laid off 300 workers at the home plant this summer because of slow sales. |
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Posts: 628
Location: Duluth | mm3 - 7/14/2024 11:47 AM
When's the best time to buy a boat (new) or does it really matter? Do MFGs and Dealers have inventory that they will reduce price on if they haven't sold a boat when the next year model comes out?
Also, if I see a price on a MFGs build your own boat page, how much can I expect to pay if I actually purchase it at a dealer (same, 10% off, 20% off etc).
Dealers are actually sitting on massive inventory. If you see a boat thats been on the lot more than a year they will take almost anything to move it. |
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Posts: 143
| I think the end of the calendar year (like the 4th quarter, late fall or even December) is the best time to buy a new boat. As already mentioned, there are current yearly models sitting in inventory and the dealers generally want to make room for the new year's versions that will be coming.
I took advantage of this way back in December 2015 when I bought my new boat. Discounted overall cost, free upgrades. Living in MN, I obviously had no reason to take it until the following spring so I actually paid for it in December and gave them 4 months to rig it. They kept it inside all winter for me until I picked it up.
Just last year, my friend was looking at a 2023 Lund Adventure series boat. In March, it was listed at over $50k fully rigged. By September, the exact same boat was listed at $38,500.
Edited by gimruis 7/15/2024 8:14 AM
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Posts: 32876
Location: Rhinelander, Wisconsin | Add to the above, interest rate reductions probably this coming Fall. |
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| The other thing about a fall purchase is that the dealership is looking at the carrying costs for over the winter. That is why they will give you a deal on the boat and store it until spring. If it is on their inventory, they have interest accruing. Better to sell and store. |
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Posts: 523
Location: NW WI | For what it's worth-In May our local Starcraft dealer was marked down 2-8K on all 2023 models and was willing to haggle on all accessories |
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Posts: 1709
Location: Mt. Zion, IL | I just bought a new Ranger 621 and I got the best price I had seen advertised for comparable boats by about $6,000. I take delivery Saturday. I may refinance if the rate comes down, but the dealer beat my local credit unions by more than 2% |
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Posts: 384
Location: Northern Illinois | Do most Boat Dealers negotiate on a listed price. If so, how much do you think the generally go down (percentage)? |
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Posts: 628
Location: Duluth | mm3 - 8/1/2024 8:00 AM
Do most Boat Dealers negotiate on a listed price. If so, how much do you think the generally go down (percentage)?
Most dealers are incentivized by volume of sales. They pay a certain percentage of the MSRP per quarter to have the boat on the lot. Profit is really generated by moving units, hitting manufacturer incentives, not the margin on individual sales. As a general rule if a boat is on the lot 18 months the dealership has already eaten the costs and just wants to see it move.
Edited by CincySkeez 8/2/2024 12:15 PM
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Posts: 384
Location: Northern Illinois | I bought a boat. It's a 2022 Lund Angler 1650. So, get ready for some more dumb questions... |
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Posts: 355
Location: Long Prairie, Minnesota | mm3 - 8/16/2024 11:02 AM
I bought a boat. It's a 2022 Lund Angler 1650. So, get ready for some more dumb questions...
First thing to learn is what BOAT actually stands for:
Break
Out
Another
Thousand
Good luck with your new rig |
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| Manta18 - 8/16/2024 1:51 PM
mm3 - 8/16/2024 11:02 AM
I bought a boat. It's a 2022 Lund Angler 1650. So, get ready for some more dumb questions...
First thing to learn is what BOAT actually stands for:
Break
Out
Another
Thousand
Good luck with your new rig
I prefer: "A boat is a hole in the water into which one pours money". |
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Posts: 143
| Boats are cheap compared to kids.
Get rid of your kids and the money flows like water. |
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