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-   -   Markup on new boats (http://www.striped-bass.com/Stripertalk/showthread.php?t=86197)

Liv2Fish 06-21-2014 08:35 AM

Markup on new boats
 
Anyone know how much markup there is on a new boat? Is it like buying a car where you can negotiate down, etc? I'd imagine they have a quite a bit of room to move.

piemma 06-21-2014 09:46 AM

You're not gonna like this but, IMO, you shouldn't consider a new boat. You can get great deals on slightly used boats and don't have to deal with immediate depreciation. Average first year depreciation on resale is 20%. So if you pay $30K you lost $6K as soon as you splash it.

Liv2Fish 06-21-2014 04:53 PM

Yah, figured that but I don't want anyone else's headaches. This would be the boat I would have for a long time so I'm focussed on getting the best deal I can on new. I've got them down to 8% below sticker with a Lowrance HDS10 and VHF thrown in for $0.

Guppy 06-21-2014 08:09 PM

I love that new boat smell! :uhuh:
Curious, what hull you looking at if you don't mind me askin.

Liv2Fish 06-21-2014 09:26 PM

Nautic Star 2500 XS. Big center console.

piemma 06-22-2014 02:27 AM

Check out The Hull Truth. Lots of info on the Naut 25 comparing it to a Sea Hunt 25 and Cape Horn.

Guppy 06-22-2014 06:07 AM

Quote:

Originally Posted by Liv2Fish (Post 1045323)
Nautic Star 2500 XS. Big center console.

:drool::drool:
Phew! Great looking ride. :uhuh:
Good luck

MakoMike 06-22-2014 07:34 AM

IIRC its about a 20% margin to the dealers.

niko 06-22-2014 08:58 AM

I really like the 25

piemma 06-22-2014 09:39 AM

Beauty but out of my league price wise. Got to be $60 to$70K without power. Six figures with twin 250 Yami 4 strokes.

Liv2Fish 06-22-2014 05:48 PM

Quote:

Originally Posted by MakoMike (Post 1045330)
IIRC its about a 20% margin to the dealers.

Is that 20% of the invoice price of the boat back to the dealer as a kick back for moving one or does the dealers put 20% on top of the invoice and keep as much of that 20% as they can in the transaction?

MakoMike 06-23-2014 07:20 AM

Quote:

Originally Posted by Liv2Fish (Post 1045372)
Is that 20% of the invoice price of the boat back to the dealer as a kick back for moving one or does the dealers put 20% on top of the invoice and keep as much of that 20% as they can in the transaction?

Their cost is about 80% of the list price.

bassballer 06-23-2014 10:56 AM

yes I was told they like to make between 15-18% after neg. I negotiated down about 10% off list price when I bought mine. Also make them throw in all the little things. Cooler, storage, whatever little add ons they offer.

FishermanTim 06-23-2014 12:55 PM

Quote:

Originally Posted by piemma (Post 1045295)
You're not gonna like this but, IMO, you shouldn't consider a new boat. You can get great deals on slightly used boats and don't have to deal with immediate depreciation. Average first year depreciation on resale is 20%. So if you pay $30K you lost $6K as soon as you splash it.


To paraphrase from the "National Lampoon's Vegas Vacation", where Clark Griswald heads back to the blackjack table with a boatload of money, and the dealer says to him:

"I'll tell you what, why don't you give me half the money you were going to spend on a boat, we go out back, and I kick you in the nuts and call it even?"


Good luck, hope you get the boat you want!


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