When are we going to see the first 100K boat

The $100k is a couple years off but getting closer. I’m thinking 3yrs

The decision will a cabin or boat

And to think I am spending $1500 to re do the interior of my boat. Work done by me of course except for the carpet work but hey the payments are grand

bigpike wrote:

And to think I am spending $1500 to re do the interior of my boat. Work done by me of course except for the carpet work but hey the payments are grand

Better than “a” grand!

The real question is how do boats go from the mid $30k range to 70-80k? The early 2000’s 619/620/621’s are holding about 75% of the value they were purchased for brand new. Not uncommon to see them in the $25k range and sell within a few days.

Not to sound stupid. Are the pro’s leasing there boat or aren’t they getting them from the manufacture’s for free? In the FLW if you make the final cut you can’t run anything other than a Ranger boat.

In some tourneys I believe the factory supplies the boats for the final field. I’m not sure thats the case in the FLW. Ask yourself what “FLW” stands for. Why would anything other then a Ranger be shown?

Heck I see people trying to sell their Yamaha T8’s for more than they paid for them lately.

Bet that the first one is owned by a single guy. LOL!

gizmoguy wrote:

Heck I see people trying to sell their Yamaha T8’s for more than they paid for them lately.

People try and sell their houses for more also. Currant market value dictates selling price. We also need to realize “asking price” doesn’t always mean thats what something sells for.

If somebody gets financed for a 100k boat God bless ’em. Far be from me to tell somebody how to spend their money.

So I’m in the pay cash minority. Which means that I’ll never have one of these boats until I’m 90 and I’m not that old now. Maybe I can get a ride in Big Pike’s rig for the cost of a few brewskis and a little help on his “big project”?

Having a little fun to see what this really costs over time.

$100,000 Financed
4.5% rate
20 years for a boat. did I actually type for a boat not a home loan:???:

Monthly Payment = $659
Interest paid over the life of the loan = $58,390
Total cost of shiny boat = $158,000

When will we see our first $100k freshwater rig? Already happened years ago when you figure in the interest paid.

I’ve always choked on the fact that my boat and tow vehicle together was over $100k. But there are a lot of people that have money to burn. Travel to some resort areas where houses are in the millions and the owners only live there a few weeks out of the year.

The answer is very soon and will correlate with bigger and faster rigs…We live is world where bigger and faster is always better no matter how much it costs or practical it is to own.

Lund just came out with a 2175 ProV which is almost 22 feet in length powered by a 350HP and will probably hit speeds close to 70 MPH. In a few years when boats are approaching 25′ in length powered by +450 HP motors guys will call that 2175 “undersized” and “not enough power”…Everything is relative.

Joel VandeKrol wrote:

The real question is how do boats go from the mid $30k range to 70-80k? The early 2000’s 619/620/621’s are holding about 75% of the value they were purchased for brand new. Not uncommon to see them in the $25k range and sell within a few days.

This is what I’m baffled about. why the big increase.

Another thing is this….when is MN doing to limit the amount of HP a boat can have on a lake. I think it will take about 2 accidents on inland big water for the state gets involved.

It can be done for the average Joe. And personally know a few guys who’ve done just that, not the $100k boats, but very very nice trucks, boats ,toys etc.

It’s starting young, and being smart. Your $5000 boat that’s paid off gets upgraded to $10k after a few years with cash. $10k boat gets upgraded again after so long to another. Before you know it you have a $40000 rig that’s bought and paid for. Which would make a real nice down payment on that bigger boat. Now that $100k is only financed to $60k, which nowadays is a nice truck, and would think a dedicated fisherman has as much love for his boat as his truck, if not more.

This formula works with snowmobiles, ATVs, trailers, you name it. Big upgrades all at once are tough, but little gradual ones over decades make it nice and easy.

Joel VandeKrol wrote:

The real question is how do boats go from the mid $30k range to 70-80k? The early 2000’s 619/620/621’s are holding about 75% of the value they were purchased for brand new. Not uncommon to see them in the $25k range and sell within a few days.

Sold a 1998 690 8+ years ago for 18k , listed last week by the 2nd owner after I sold it for 18k , I bought a 620 after I sold the 690 , owned for 2 years for sold the 620 for the same amount I paid for it, purchased a 621 for 34k just traded for a 2 year old 621 ( for a good price used) gave me 33500. On trade.
Will I see the same depreciation rate on the 2015????

carver wrote:

With boat prices going up and discussions with people at the sports show.

When are we going to see the first 100k nitro, ranger, skeeter or lund? The nitro with 350 merc has to be getting close. I know fully loaded ranger is getting close to 90k with tax title and license.

50K for a tin boat unless aluminum got expensive all of a sudden?? Is inflation of boats just that much? Did motor prices rise? Or are they selling less boats so the values have to come up to keep the same revenue?

Bay boats and offshore boats are not included in my thinking.

Lst year there were a number of bass boats at some Southern Shows with MSRP of over $105,000

My question is when are manufacturers and dealers going to turn it down so the average guy can buy a new rig?

nhamm wrote:

It can be done for the average Joe. And personally know a few guys who’ve done just that, not the $100k boats, but very very nice trucks, boats ,toys etc.

It’s starting young, and being smart. Your $5000 boat that’s paid off gets upgraded to $10k after a few years with cash. $10k boat gets upgraded again after so long to another. Before you know it you have a $40000 rig that’s bought and paid for. Which would make a real nice down payment on that bigger boat. Now that $100k is only financed to $60k, which nowadays is a nice truck, and would think a dedicated fisherman has as much love for his boat as his truck, if not more.

This formula works with snowmobiles, ATVs, trailers, you name it. Big upgrades all at once are tough, but little gradual ones over decades make it nice and easy.

twofootitus

This is why I will never own a new boat.

I’m perfectly happy running a 10-20 year old boat for 5ish years and move to the next 10-20 year old boat.

hunterjoe wrote:

Over on another site there’s a Yar with 7 Marine on it. I know a lot of you are over there. Ain’t no way that rig is under $100k.

I will bet that rig easily exceeds 150k fully rigged.After seeing that,where does it end?And they thought bass boat guys were crazy…

Boats got expensive when fishing became so popular. FACT

Won’t happen, they got the guys with money interested in fishing now! Plus those boats can be way more than the average guy needs. Boats can do a lot more nowadays then 15 years ago.

My question is when are manufacturers and dealers going to turn it down so the average guy can buy a new rig?
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WarEagle wrote:

Won’t happen, they got the guys with money interested in fishing now! Plus those boats can be way more than the average guy needs. Boats can do a lot more nowadays then 15 years ago.

What exactly can a boat do now, other than go faster because of higher HP, than before? Sure the newer ones have a lot of bells and whistles- electronics- and fishing boats have more storage options but the boat itself does nothing new. No self parking, no auto launch or auto onto trailer, ??????

carver wrote:

<div class=”d4p-bbt-quote-title”>Joel VandeKrol wrote:</div>

Another thing is this….when is MN doing to limit the amount of HP a boat can have on a lake. I think it will take about 2 accidents on inland big water for the state gets involved.

How do you limit something that is already being exceeded? One of my dad’s boats has twin Chevy 454’s in it, granted its a 36′ cabin cruiser, but there are already boats with two, three, even four big block motors strapped to them and have the capability of going 100+. My dad’s can boat just goes a piddly 60+…

Also if you think there haven’t already been boat accidents caused by speed, you’re dreaming. They happen every year. Nothing has been done. Most MN lakes don’t even have a speed limit on them.

I just paid 33k for a new alumacraft last year. For all of you gents that are in disbelief over the idea of a 100k boat just remember that its all relative. There was a time that I would have barfed at the thought of spending 33k for a boat but things change. I can very distinctly remember a time when I was about 16 years old and I really really wanted this jacket that I found at a vintage store. the price was 16$. I sat and stared at that jacket, paced back and forth in the store and nearly walked out several times, before finally forking over the 16$. I just spent more than that for my lunch the other day without batting an eye. Things change… I still have that jacket btw

Bottom line, if you pay it they will charge it. Look at the cruck,,, “car cross bred truck” market. Drive the lots, how many “crucks” do you see as opposed to REAL trucks. I am retired from manufacturing. When I was still working, in a factory meeting a question was asked to upper management. How do you determine what to charge for our product? Answer “whatever the market will bear.” Goes back to my original statement. Brad’s statement about the banks also hits it. People are suckers, they don’t think about what they paid, they think, can I make that payment.

I think grizz hit the nail on the head there on everything.

Saw this last year…..100k MSRP. I saw a 2015 online a few days ago that was going for 68k, that’s quite a price break from the MSRP!

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Maybe it is time to get rid of all the electronics, big hp motors, and even bigger boats and go back to small tin boat with a lake map. Then proceed to find fish the old way. May even let the fish population grow some.

bigfish2 wrote:

Maybe it is time to get rid of all the electronics, big hp motors, and even bigger boats and go back to small tin boat with a lake map. Then proceed to find fish the old way. May even let the fish population grow some.

You don’t have to do anything like that to get populations to rebound… You just need to release fish.

Difficult concept for many

FishBlood&RiverMud wrote:

<div class=”d4p-bbt-quote-title”>david chenoweth wrote:</div>
Maybe it is time to get rid of all the electronics, big hp motors, and even bigger boats and go back to small tin boat with a lake map. Then proceed to find fish the old way. May even let the fish population grow some.

You don’t have to do anything like that to get populations to rebound… You just need to release fish.

Difficult concept for many

+EleventyBillion!!!!!

“So my questions is what do you all do to afford these boats? I mean how much do you make that you can justify putting 50-60-70 thousand plus into a boat? I must me missing something here?”

Its a easy question to answer. I do not make much money. I however do not spend money on all the other things people indulge on. Such as going out to eat, buying fancy clothes, huge expensive TV’s, I do not go on fancy vacations. My house is a normal house, which is paid for. I just love to fish and choose to buy a nice boat over having the other things. If you budget properly a person making a average income can afford it.