The Problem with New Boats (From New Boat Dealers)

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The Problem with New Boats (From New Boat Dealers)

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Boat Buyer's Secret Weapon

Күн бұрын

Пікірлер: 88

@BoatBuyersSecretWeapon Жыл бұрын

FREE For Boat Shoppers: www.BoatersSecretWeapon.com/Toolkit FREE Boat Buyer's Toolkit for new or used boat shoppers will give you 28-pages of checklists, questions to ask and how to demo the boat the right way so you don't miss a thing. Plus, get the cost of ownership calculator so you know precisely what your cost of ownership will be. FREE For Boat Owners: boaterssecretweapon.com/pages/boater-bootcamp FREE Boater Bootcamp for newer boat owners gives you insights on boat ownership basics, navigation and practical rules of the water and how to avoid, be prepared and handle emergency situations. No more not knowing what you don't know in the boating lifestyle.

@TSemasFl 3 жыл бұрын

I just bought a new boat, cost me a fortune, but it's new and it's mine.

@TSemasFl 3 жыл бұрын

@@BoatBuyersSecretWeapon Well I bought a 25' Parker Pilothouse with twin 200 Yamaha's. I'm still in the honeymoon stages, and no issues yet. Getting ready to add air conditioning to it, must have here in South Florida

@paulstocks9719 3 жыл бұрын

Congratulations on your new boat. Enjoy

@natehowell793 3 жыл бұрын

@@TSemasFl Awesome Awesome boat they hold there value well and your not buying some else's problem when you store it for a long period of time highly recommend a dehumidifier and so moisture doesnt sit in the cabin due to the hot flordia climate

@joseph-mariopelerin7028 3 жыл бұрын

haha... this video is laughing at you personally ...

@TSemasFl 3 жыл бұрын

@@joseph-mariopelerin7028 Well it can laugh at me all it wants. This Memorial Day weekend I'll be trolling 20 miles off Islamorada in the gulf stream fishing for Dolphin and Wahoo. Then I'll be cooking them up at the sandbar while y'all are on your computers laughing at me.

@eventhisidistaken Ай бұрын

This is like new anything. If you buy new, you get 100% of the life, and other than recalls, those first few years are the best years. It's in great shape, and very few problems. Later on, you pay less up front, but you have a lot more maintenance. I've bought new cars and used cars, and have had to deal with issues with both, bit a lot less with new.

@stevend8785 3 жыл бұрын

I had no idea there were only 200,000 boats sold a year recently. I would have guessed that to be much higher. I also never would have guessed the number of bow riders to be so low. It seems like they have really gone out of favor.

@semajniffirg230 2 жыл бұрын

They are just too damn expensive for most families to afford anymore. 50k for a toy that most of the country can only use for 3-4 months out of the year is just too much.

@airman6822 3 жыл бұрын

I really liked you comments on the warranty situation. A lot of this stuff is new to people that have not been exposed to it from the dealer side. Although I never worked for a boat dealer, I did work for an industrial supplier and it was exactly as you said. We always took care of the customers that bought from us first and gave them preferential treatment because they bought from us and the profit from their sale came to us. Just business.

@diyoregonnowtexas9202 2 жыл бұрын

So, this is really a class on statistics of the boat manufacturing industry and dealership business, rather than actual problems with the new boats vs used boats or older boats. Are they using a wood frame and wood transom or coosa board? How thick is the fiberglass? What kind of fiberglass fabric is being used? Are new boats made cheaper and lower quality than older boats? We need to know this kind of information. This is an interesting and informational video however, but doesnt give me anything that would help in deciding what manufacturer to purchase from or to stay away from new boats and go with an older boat.

@GiantsNinerFan56 3 жыл бұрын

Your breakdown of the warranty process is spot on. What good is an extended warranty if I can't get my boat into the dealer, let alone get it fixed. Ms. Roberts is spot on!

@tbbaot 2 жыл бұрын

Thinking things are changing drastically, I'm seeing a big demand and a lower supply which is pushing used prices up. People are selling recent model boats for more than they paid for them.

@TrentGustus Жыл бұрын

This has happened with every recreational vehicle, new prices have gone up on motorcycles, atvs and this pushed the price of used up. Financing pushed all this, high interest rates are going to pull the market and the new sales down, causing the manufacturer too either reduce prices, or reduce production and cut back,

@TerraFirmaX 3 жыл бұрын

I just bought a 2012 Tracker pro angler 16 with only 12 hours on it. It belonged to a buddy of mine that bought it brand new and never used it. Everything is in perfect shape. It was covered and under cover. I paid $8,500 CASH for it. It's just like the Bass Tracker Classic. I still want my Pontoon but like you said, it will probably be a couple years till things even out. I figured this way I could still satisfy my need to get on the water and fish and have a good value trade in when the time is right for the pontoon.

@lawdg8145 Жыл бұрын

good video.. I had ordered a new Bennington in 2018. I had a few warranty issues and they along with the dealer were excellent. My items were fixed with zero hassle. I just sold that boat 4 years later for what I bought it for. It was garage kept and in excellent condition. This is the exception, but I have been fortunate with buying new. I am awaiting my new boat now that I ordered.

@rangertruth4776 3 жыл бұрын

I agree with you completely .There is large component for human error in boat manufacturing ( especially in the hull lay up , the layers are rolled down by hand ) . Your comment on transportation is very true , '' stuff happens '' . Another thing , as in my case , some manufacturers warranties are not transferable to the second owner . In my case a boat less than 2 years old , with 25 hours on it .

@gransport4246 Жыл бұрын

A lot of dealers in my area are good at servicing the motors even if the boat wasn’t bought from them. It’s the boat itself where you can run into issues. However when we purchased a Crownline from the only local Minnesota dealer, they failed on both accounts so there’s that. I’d never buy again. A different non-Crownline dealer fixed the two issues we were having with the mercury outboard; although, we had to pay out of pocket because the original dealer dinked around so much that it went past warranty.

@michiganengineer8621 3 жыл бұрын

The warranty aspect is common to anything. They _WILL_ try to deny any warranty claim no matter what you purchase from a bicycle to a new home.

@drodNY 3 жыл бұрын

yes, boats just like cars depreciate but that depends on the type of boat. For example, Jet boats (Yamaha) continue to increase in demand and value. The used ones that are 2-3 years old are selling on the private market for same or more than a new one simply because they are in high demand and very difficult to get. Me and my friends have been on waiting lists of multiple dealers to preorder boats that have yet to come out. People don't like waiting for luxury items. Those not willing to wait a year or two are purchasing a low hours used boats for almost the same cost. Sea-Doo stopped making the Challenger jet boats in 2012 but their boats are still commanding $15k for a 5-7 year old boat, when it was $20k brand new. This pandemic has also reduced the number of available boats, thus creating a higher demand. This demand will continue for a few years. I can't speak on the $100k plus boats.. that may be a totally different scenario.

@biotribe123 3 жыл бұрын

Make some bids on a good second hand hull. Most of today's hulls have worse quality than the old ones. Overhaul the engines and drives, change if needed. Fix the inside the way you want it. New boats have huge warranty issues.

@MitchFromBmore 3 жыл бұрын

All of this info is very true. The warranty info - 100%. Heard it directly from a Robalo dealership GM. Build slots and the timing to put in change orders would be good to know too. Thanks for the video. Good stuff!!

@britishsouth 3 жыл бұрын

I saved 20% buying a five year old boat... right in line with your estimate!

@jamesdoestech9591 Жыл бұрын

The dealer is a very vaild point, Just bought a used boat a mouth ago. Got it from a dealer that handnt tested it (I didnt know this) and it left me stranded in the middl eo of a lake.

@michaelweigt9498 Жыл бұрын

This really helps me understand the costs! Thanks.

@dadsgonefishing6927 3 жыл бұрын

Thanks for your time pulling this together a great video. However, having worked in the auto industry for many years I don’t agree with your configuration comment. A car can typically have a variance of 10 to the power of 15 or 20. I would suspect that’s more than the average boat by a long way. However, I think what you pointing out is modular design in the automotive industry combined with repeatable processes rather than maybe less robust processes in the boat industry.

@michiganengineer8621 3 жыл бұрын

The #1 problem with a new _anything_ is it costs too damned much LOL On a more serious note, the reliance on "extra" electronics for convenience. Chart-plotters and GPS rather than learning _HOW_ to read a paper chart, use a compass and figuring your real course by "dead-reckoning". Don't get me wrong, if I ever play the right numbers I'm going to be the first in line to get the latest in modern conveniences. But I'm not going to be totally _SCREWED_ when those items go belly up!

@TSemasFl 3 жыл бұрын

I love my new Garmin 8612 and 24" radar. Sirius satellite radio is cool too.

@scottjones5221 3 жыл бұрын

Great information 👍 I picked up a 1996 Baja Islander 272 a couple of years back 😀 great shape 600hrs cost 11k new 150k 😥

@robertveith2255 3 жыл бұрын

I studied fiberglass in high school could never find a job going because I never had enough experience i lived in Maryland at the time

@TheBanditofvideos 3 жыл бұрын

A lot of us would never be able to get into boating if weren't for geniuses getting raked over the coals by depreciation.

@tonydtom536 3 жыл бұрын

And let's not forget all the geniuses who bought used boats with all kinds of hidden problems that ends up costing them thousands.

@justinjones5281 3 жыл бұрын

2004 legend viper bought for 14k sold it for 12k yesterday. That depreciation is killed the bank🤣. Inventory is so low right now you can buy a new boat and sell it for more a year later. Rock covid rock

@justinjones5281 3 жыл бұрын

@@BoatBuyersSecretWeapon manufacturers are now adding fees to your new purchases to offender the demand and people are just paying it. Insane time to live. If the government pulls the plug on covid we could see the worse depression ever recorded in history. Unlimited inventory is coming dude. Just wait

@Joe671 3 жыл бұрын

I live in the pacific northwest. A friend of mine sold his 2020 boat 4k more than what he bought it for. That just a fluke?

@michaels8775 3 жыл бұрын

Very informative as allways capt. Ty for what u do for us!!

@craigmonteforte1478 3 жыл бұрын

I’ve owned quite a few boats over the years and many of my freinds ask my advice on buying them I always tell my freinds that all boats are terrible financial investments yet fantastic investments o fun for those without any or very little exposure to operating them and some basic navigation and etiquet I advice those to join a club that allows the members to use their boats and no matter how tempting it sounds to buy one together with freinds or family DONT

@whywedrink 3 жыл бұрын

Where can I find a breakdown of how many boats each manufacturer produced?