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-   Archive through November 14, 2005 (http://www.wakeworld.com/forum/forumdisplay.php?f=268197)
-   -   Is Now the time to buy a boat??? (http://www.wakeworld.com/forum/showthread.php?t=259295)

twitch 10-10-2005 9:36 PM

We have seriously been looking into buying a boat over this winter but with the annoucnement today that Delphi is declaring bankruptcy and GM talking about massive layoffs. I am now thinkng about re-considering the purchase as it looks like we are heading into a reseccion (and from what i am hearing it could be the worst one ever) do i take the chance and jump now or wait it out? <BR> <BR>some of the finacial gurus on this board could really give me some good insight here (hopefully)

twakess 10-10-2005 9:53 PM

No matter what the finacial gurus say. I say its all in your hart and what you feel. All my friends know that I would sell my house before I ever sold my boat. (Live to ride ride to live) its a lifestyle. I am one of the lucky ones because my gal is behind me 100% she also would never let me sell my boat thats prob why we have been together for so long and will stay together for ever.

mendo247 10-10-2005 9:53 PM

im just a good ol boy from the country! whats a financial guru anyways? i say hell yes do it.. nows the time.. what are they gonna do repo all our boats...<img src="http://www.wakeworld.com/MB/Discus/clipart/lol.gif" border=0> maybe if we all buy new boats well save the economy.. heck we here on wakeworld could ban together and save the world!<img src="http://www.wakeworld.com/MB/Discus/clipart/rofl.gif" border=0>

twitch 10-10-2005 10:02 PM

or i could just wait till they repo all your boats and get one real cheap <img src="http://www.wakeworld.com/MB/Discus/clipart/biggrin.gif" border=0> <BR> <BR>

nizzle77 10-10-2005 11:14 PM

Recession, bubble popping, inflation. There are always going to be negative financial analysis out there, but I will say interest rates won't stay as low as they are. So unless your paying cash i'd jump on the wagon and go get your boat!<img src="http://www.wakeworld.com/MB/Discus/clipart/wink.gif" border=0>

rodmcinnis 10-11-2005 11:58 AM

I can't advise you on the economy, but if you are considering buying new then I would wait for the boat shows! You can generally get a much better deal at the show

noti_dad 10-11-2005 12:32 PM

Depends. Go talk to your dealer now and see what you can get. I got Factory incentives, a rebate and a dealer discount that worked out to almost 14% off the price. That's hard to beat, even at a boat show.

mcfly 10-11-2005 1:08 PM

A lot of dealers are doing specials this time of year now that sales are getting slower...take us for example.. <BR><a href="http://www.waterskiboatsdallas.com" target="_blank">www.waterskiboatsdallas.com</a> <BR>Check with your local dealer to see what kind of specials they may be running! <BR> <BR>McFly <BR> <BR>(Message edited by mcfly on October 11, 2005)

mbrown 10-12-2005 6:32 PM

My Sanger salesman neighbor is always very motivated to make winter sales. <BR>The Malibu guy I know says it just doesn't matter if you're looking for a VLX- they are hard to come by and mostly sell off the lot in 2 weeks. <BR>The local MC dealer says their sales have not been strong this summer and have started their winter sale early. (got to make room for some new X-2's) <BR> <BR>Economic Guru figures: <BR>Bad economy=lower stock prices=money moved back into bonds=lower interest rates= lower boat payments for fixed rate loans= wait a little longer.

jeff359 10-12-2005 7:46 PM

Blah, blah, blah, money. Blah, blah, blah, recession. Blah, blah, blah, gas prices. If you want it, buy it. If I lost my job, I'd have bigger worries than them reposessing my boat. Heck my boat payment is the smallest of all my bills.

mendo247 10-12-2005 8:27 PM

well said jeff! i think there will be allot more things to worry about then our boats if it gets that bad...

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