How low can you go?

Have 15 boats on CL bookmarked and watching the prices slowly creep downwards. Love when you check one out after a week and it’s (REDUCED). And the fact none have been taken off helps as well.

Over 3 full pages of boats added just yesterday, only a fraction were actually fishing rigs but this fall I feel is gonna see prices drop with so many out there in general.

Granted it’s CL and we all know 15 boats don’t mean 15 boats, but it sure seems it’s setting up to be a great used market out there shortly.

late summer/fall is when to buy a used boat for sure. have helped a few buddies do it and we’ve been able to get some great deals.

About this low, Bob.

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I’m holding out for that 1 deal I can’t pass and then try to beat him up a little lower then that

Speaking of that I’m helping dad sell his runabout. We’re having that very conversation of how low do we go?

We’re motivated enough to price it below comparable boats to get is sold this fall. That said do we drop it more or just suck it up for storage and winterization? Bought the replacement boat already on a late season hot deal

patk wrote:

Speaking of that I’m helping dad sell his runabout. We’re having that very conversation of how low do we go?

We’re motivated enough to price it below comparable boats to get is sold this fall. That said do we drop it more or just suck it up for storage and winterization? Bought the replacement boat already on a late season hot deal

Hold it till spring and then re sell it. Unless storing it for you is expensive

nhamm wrote:

Have 15 boats on CL bookmarked and watching the prices slowly creep downwards. Love when you check one out after a week and it’s (REDUCED). And the fact none have been taken off helps as well.

It depends on how badly you want one of the 15. Most sellers know the cold reality is that there are two chances of selling for top dollar AFTER September 1 –slim and none. They also know that the guy that comes to look at it with cash in pocket and makes an offer may well be the last guy that does so until April.

Plus, you know that the wife told them that thing had to get gone back in July. So he’s between the proverbial boat and a hard place with the Ell Dub. Not a good spot to be in.

Bottom line is I think any time now is go time if you want the boat.

Also, I’m not saying I advocate this dirty pool tactic, but a guy I know knows a guy who uses this to great effect.

You have a friend call the seller today and go out and see the boat. Really interested, blah, blah, love it, etc. Then your friend offers the seller a cash offer for BELOW what you’re really hoping to get the boat for.

Now the trick is you have to keep this real. This isn’t a hail mary lowball, it’s like 500 or 1000 below. It’s got to be close enough not to urine the seller off.

The seller does one of 2 things. Takes the offer or says he can’t do that. Fine either way.

Then you wait 2 days and you personally go out and see the boat. AT this point, you offer your origianal bottom line, 500 or 1000 let’s say more thant the friend’s offer 2 days ago.

At this point most sellers cave. Your offer looks really good compared to that other lowballer and he starts thinking dang, this may be the best I can do.

Like I said, it’s dirty pool and I would never sink to these tactics, but it works great.

Grouse

TheFamousGrouse wrote:

Like I said, it’s dirty pool and I would never sink to these tactics, but it works great.

I feel bad for the next person who tries to sell their boat on IDO. The fun loving crap he is going to get.

Well you are also trusting your buddy to spend your cash and to check the boat out.

It’s a disaster waiting to happen.

After the holiday weekend I expect a dozen more boats added to my list Maybe not that many but it’s a fact many families are memorial thru labor, and stuff starts to get prepared for winter starting Tuesday.

Personally I’m not rushed, if I wait till spring that’s fine too. But I agree, anyone looking or selling stuff starts to get real the next month!

Bearcat89 wrote:

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patk wrote:
Speaking of that I’m helping dad sell his runabout. We’re having that very conversation of how low do we go?

We’re motivated enough to price it below comparable boats to get is sold this fall. That said do we drop it more or just suck it up for storage and winterization? Bought the replacement boat already on a late season hot deal

Hold it till spring and then re sell it. Unless storing it for you is expensive

Storage + Winterization + Pain in the *ss = at least some level of motivation to get it done now. That’s the real question in this thread, how much will a seller be motivated???

Won’t go bankrupt if we have to keep it over the winter, just not first preference. Kept another one over winter before but it was a little 14’er. That was easier to deal with.

while you are checking out boats nhamm might I suggest taking a chainsaw to every tree within 100 yards of your house? I want this to be the last boat you purchase for a long time

Now I have to ask the next guy to that comes to look at my boat, if hes an IDO member or not. I’m getting to crunch time before I have to order the next boat. Storage is free so it’s not a big deal, but I hate to sit on two boats come spring.

I always look at things are only worth what I’m willing to pay or how much I can make with it. So, if the boat isn’t going to generate a retirement fund, I would spend much.

There’s no such thing as a low-ball offer during this time of the year. Many (but not all) people are desperate to either dump their boat due to storage concerns, or have it sold so that come Spring they can upgrade when they walk into the first over priced boat show. If someone doesn’t like my offer, I know there are thousands of other boats out there. Something is only worth what a buyer is willing to pay at that very time, regardless of what someone “has into it” or what they may make payments on. The boat I currently run was listed at $19,900 when I went to look at it. I offered $15,250 and walked away for a week before the phone rang. I then stated the only way I’d drive back to get it was if he threw in his extra jugs of Optimax oil and the nearly new transom saver rod that he hoped to save for his new boat coming in a matter of days.

Thousands of boats hit the Midwest market every year. With what boats and other equipment can cost nowadays, it’s mind-boggling how many people purchase toys without any plan for storage (or poor plans at best). With P4 a mile away and a garage and sheds, my boats haven’t spent a night outside yet. When the time comes to sell and upgrade you can guarantee it will hit the market in Spring versus the Fall.

It’s all about leverage when buying used toys. I try my very best to never be the one “needing” something.

As one who has bought and sold many boats, I am so glad I have not resorted to these tactics as talked about here. When selling, I have always asked for what I feel is a fair price, not necessarily the highest price. Same for purchasing, I offer what I think is a fair price, its either accepted or not, and we both move on. To wait, and try beating somebody up for a better boat deal, quite possibly could result in you missing out on a fantastic boat deal, already offered. Don’t assume that every seller has to sell, or financially needs to sell, with in a set time frame, not always the case, as sometimes some people put things up for sale, just because its on their minds at the time, and not because of a need.

Great points Ed. I do think some of these boats this fall may sit over until spring. Assuming many are from just buying newer boats, they may have thought of longer storage solutions and want the extra dollars they may make next spring.

But the other side is they may also sit on those even into next summer bc the market is so dammed full of overpriced boats. “Fair price” is very subjective.

For full disclosure as an active seller, sometimes the willingness to negotiate also has a limited window. In about 2 or so weeks I’ll have to pony up for winterization and storage. Once those costs are sunk then I have a lot less motivation to negotiate this fall.

Committed some sacrilege tonight, posted our “non-fishing” boat in the classifieds

nhamm, I found you a boat and am sure you can get a great deal on it but you will have to move quickly before it is gone.

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Ha!

Anyone see that new looking alumacraft with the entire bow folded up on CL? Only $7500! Lol everytime I see it on there.

With no motor too…lol

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The title of this thread had me thinking something completely different.

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