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After talking with a local boat dealership and hearing how bad things are, I realized if anyone is interested in a boat, the next 12 months are the best time ever to buy. Once these dealerships get ride of the stock they have (at unbelievable low prices), they will be passing the 2010 price increase that all the boat manufactures are doing on to us the customer.
So, what does this mean for used boats. Right now used boat values are really, really down... but in 18 months when the price of new boats will be higher than anytime previously, and there are no 2008 or 2009 new boats on any lots, the used boats prices will all go up accordingly. If you want to own a boat, you will either pay the 10% price inncrease for a new boat, or settle for a used boat... thus pulling up the price on the used boats. I wouldn't be surprised if our used boats are worth more in 18 months than they are now...weird huh.
Just some random thoughts while a wait for a meeting to start...
-Uj
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