Is 2024 a Good Year to Buy a Boat

Рет қаралды 12,777

Күн бұрын

After years of a rollercoaster boat market, stability has returned. Whether you are a boater now and are thinking about getting your first boat, knowing is 2024 a good year to buy a boat will be helpful. In this video, we cover:
0:00 - Intro
0:37 - Used boat pricing is down
1:32 - New boat inventory is up and custom ordering is more normal
2:18 - Boat manufacturers are offering incentives in 2024
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Пікірлер: 25

@FAA-DPE 2 ай бұрын

With around only 20% of new boats being under 100k starting price and up, new boat ownership for your average middle class, upper middle class person is going extinct.

@m.a.t2008 4 ай бұрын

New Boat prices are definitely not down to where they were before covid. prices are still high.

@boatinglessons 4 ай бұрын

They have not gone down from the manufacturer, correct. Many dealers though are charging a lower margin than before and there are some manufacturer rebates available. As an example, a boat we were selling in 2023 for 90,000 is in 2024 85,000 with those two factors in play. At least they aren’t going up rapidly like they were!!

@glenngray1201 2 ай бұрын

And they’re only going to go higher ! Writing on the wall boys .. game over !!

@paulkersey2179 Ай бұрын

Interesting, thanks for sharing.

@Bonsai-Miata2020 2 ай бұрын

For the life of me I can not understand how it is called owning when your take out a mortgage of 10 to 20 years and the bank holds the title and allows you to use the boat. It really makes you the second owner of a depreciating asset. So no, 2024 is a great year to own a boat if you pay cash, any year is a great year if you pay cash

@CorpseGrinder1967 4 ай бұрын

Is 2024 a Good Year to Buy a Boat? The answer is no. Not after the prices i've seen visiting 3 boat shows this year. And forget the interest rates!

@boatinglessons 4 ай бұрын

We see this year as more affordable than the last 3. The rates hopefully are on the way down (marry the boat and date the rate) ;) Sounds like you are holding out for another year though :)

@glenngray1201 2 ай бұрын

Yeah same thing I seen at the boat shows for years now , you get a stripped down Base boat 21.7 over a 100 grand , they must think we all have a couple of brief cases at home full of money yeah ok …

@donclark7239 21 күн бұрын

Here in Manitoba Canada. Boat prices still going up. People still asking high dollar for used boats. Dealer carries g3 boats and alumarine. Didn’t bring in any G3’s just the open basic fishing boats Alumarine that are selling and people can afford

@dieseltechjb 2 күн бұрын

I bought mine in 2024 for $1,000…….and I just put an LS in it, and modernizing it with seadeck. People who pay 120 grand for a floating money incinerator are absolutely insane.

@craighellberg4366 4 ай бұрын

Great summary. Thank you for the info.

@boatinglessons 4 ай бұрын

Our pleasure Craig 😊

@dewaynegarrett8382 2 ай бұрын

Not seen any evidence of it around here except used selection is little better but still crazy prices.

@mikeperkins6809 4 ай бұрын

2024 sure is a good year to buy a boat! I have our 2024 pontoon on order right now! We can't wait to get out on the water. I really enjoy all your videos. Unfortunately I am not in your market area, so I could not buy from you. Keep up the great work!1

@boatinglessons 4 ай бұрын

Our pleasure! What did you buy Mike? I’d love to hear about your plans :)

@mikeperkins6809 4 ай бұрын

@@boatinglessons I bought a Viaggio Lago X-20R. It is a party in the front and fish in the back 'toon. We do a lot of fishing, and want to get more family time on the water with our adult kids and their families. See you on the water! The Finger Lakes water that is.

@SeanHorsfall 4 ай бұрын

Sweet! Enjoy 😊. I would like to boat in that area one day :)

@001Cherith 2 ай бұрын

Thanks for the information. it is indeed getting better for the consumers. Regardless, pretty much all the new boats are now over priced.

@boatinglessons 2 ай бұрын

You are right and I don’t see them ever coming down unless they pull content out. That happened after 2008 as the boat companies that survived “lowered the price” by making smaller, less expensive boats (compared to the same models before)