These boats are EXPENSIVE!!!

[drewsy77]

So I'm just sitting here admiring some of the newer boats you guys are buying and just looking at the price tag of some of these boats and just wondering what some of you guys do for a living to be able to afford these monsters! haha

I about had a heart attack when the fiance talked me into buying our 2006 23LSV for $35k. I made a good amount of money per year - $150k ish but even on that amount of money I can't see ever being able to justify or afford something with a $100k + price tag - even though I think I'd look pretty sweet in a new Malibu. 

You guys with these expensive boats have to be pulling in the BIG bucks!

 

[AJwakedevil]

Strippers?

[crashleroux]

I get paid to leave my clothes on

[minnmarker]

1%'ers - or big loans

[UWSkier]

20 year loans.  It's the American way.

[hunter77ah]

Here we go again.............

[Gavin17]

35k for a 2006 sounds like a good deal.  I won't be selling my 2004 anytime soon.  It's paid for and I'd have to spend 80k or more to feel it was worth the upgrade.  

If we really get into surfing GSA for 4k sounds like a no brainer compared to a new boat.  The funny thing is, at least around here the budget boats aren't selling like the 100k plus ones. You can get a new Axis or NXT or Moomba for 60-70k but the dealers here sell way more X23, G23 and 23LSV than budge boats.   Crazy.  

[DAI]

When you're rich, you don't write checks. Straight cash, homey. - Randy Moss 2010

[drewsy77]

2 minutes ago, Gavin17 said:

35k for a 2006 sounds like a good deal.  I won't be selling my 2004 anytime soon.  It's paid for and I'd have to spend 80k or more to feel it was worth the upgrade.  

If we really get into surfing GSA for 4k sounds like a no brainer compared to a new boat.  The funny thing is, at least around here the budget boats aren't selling like the 100k plus ones. You can get a new Axis or NXT or Moomba for 60-70k but the dealers here sell way more X23, G23 and 23LSV than budge boats.   Crazy.  

I found a lady that got the boat in a divorce and wanted it gone asap. Boat had 467 hours on it and was taken care of. I've had a few things to replace like the AMP and Head unit. Just upgraded the stock prop to the 2247. Also just had a transom remote put in and a new steering cable. For the money it's exceeded my expectations.

 

What is a GSA for $4k? Not sure I know what you mean. 

Edited June 22, 2017 by drewsy77

[drewsy77]

9 minutes ago, hunter77ah said:

Here we go again.............

Is this considered an annoying topic? Sorry to offend if that is the case.

[drewsy77]

11 minutes ago, UWSkier said:

20 year loans.  It's the American way.

Haha...I guess that would be the ONLY way I could make that happen. 

[hunter77ah]

Just now, drewsy77 said:

Is this considered an annoying topic? Sorry to offend if that is the case.

Not an annoying topic... usually someone ends up with hurt feelings and then people start lashing out.  Take my last comment to mean "I'll bring the popcorn".

[05hammerhead]

Priorities man.  Some people have a small house with a sick boat that they trailer, others have a lake house and just a paddleboard while others have all the above.  Just because you have a nice boat doesnt mean that you make tons of $$.  These things arent like Ferraris where if you buy them they cost you $20k a year to keep running and you lose all the value when you sell it either. 

[Gavin17]

31 minutes ago, drewsy77 said:

I found a lady that got the boat in a divorce and wanted it gone asap. Boat had 467 hours on it and was taken care of. I've had a few things to replace like the AMP and Head unit. Just upgraded the stock prop to the 2247. Also just had a transom remote put in and a new steering cable. For the money it's exceeded my expectations.

 

What is a GSA for $4k? Not sure I know what you mean. 

Go surf assist.  Its an electronic tab surf system.  It's the closest thing I've seen to the stock surf systems on the new boats.  The modern surf equipment seems to be the biggest reason for most people to upgrade.  4000 for some tabs seems expensive until you compare it to a new 23lsv.    Granted new boats have other new features that make them better but I think the push button surfing is the biggest one.

Anyway, my boat is paid for and easy to work on and that makes me happy.  Kuddos to the guys w/ the 100k rigs.  They're fun to look at. 

[kerpluxal]

33 minutes ago, drewsy77 said:

I found a lady that got the boat in a divorce and wanted it gone asap. Boat had 467 hours on it and was taken care of. I've had a few things to replace like the AMP and Head unit. Just upgraded the stock prop to the 2247. Also just had a transom remote put in and a new steering cable. For the money it's exceeded my expectations.

 

What is a GSA for $4k? Not sure I know what you mean. 

Pre 2013 malibu did not have a surf system (Surfgate). Pre 2013 most people listed their boat to surf... Then there is several manual addons that were used (ghetto gate, suck gate, wicked gate...etc) and then there is GSA... Go Surf Assist.... fully automated surf system for boats that don't have a surf system.. IMO one of the best surf systems in general 

https://www.gosurfassist.com/

[drewsy77]

43 minutes ago, hunter77ah said:

Not an annoying topic... usually someone ends up with hurt feelings and then people start lashing out.  Take my last comment to mean "I'll bring the popcorn".

As much as I appreciate that info I kinda hate you now because I might have to eventually get that. Wow, that's cool AF. 

[jcon44]

There are also the folks who flip boats every few years building up equity through down payments and the every increasing boat market that pulls used boats along for the ride. After a few years and a few boats you have 60k in equity built up and 100k boat is more attainable. It's tempting to look at newer boats when mine is paid for and I could sell it for close to what I paid. Now, that doesn't include all the $ this site helps me spend on it every year. +1 for GSA!

[bamabonners]

I keep saying every year that the bubble is going to pop... still hasn't.

We've been looking at RVs...  I can get a class A for the same price as the new boats.   I get a tax deduction.  I can live on it, cook, shower, even take a dump on it...  can't do any of that on the boat.   I just don't see where the money is in the boat.  The RV has more systems,  more hand labor, more materials, tech, etc....  

Used boat market is kicking right now too.

 

Edited June 22, 2017 by bamabonners

[The Hulk]

Gotta keep up with tha Joneses!

My friend worked at a dealership selling another brand and said half of ppl got turned down on loans and had no business buying boats in the ranges they wanted and had to settle for less.. 20 yr loans are nuts but so is going insane from not being on a boat if it's something u love.. majority of folks also spent way too much over buying on their homes which leads to less money for therapy toys like boats.. 

Also your forgetting where u live makes a HUGE difference. $150 k in small town Midwest and your pretty much straight ballin.. 150k in some cities / areas and your scraping by...  

Edited June 23, 2017 by The Hulk

[Arctic Slalom]

the bigger thing which surprises me are the amount of very nice boats ($60-100K) which I NEVER SEE OFF THE LIFT!

what the balls? Who can lay out that kind of money and leave it as a lift queen?  

#confusing 

[ahopkins22LSV]

4 hours ago, bamabonners said:

I keep saying every year that the bubble is going to pop... still hasn't.

We've been looking at RVs...  I can get a class A for the same price as the new boats.   I get a tax deduction.  I can live on it, cook, shower, even take a dump on it...  can't do any of that on the boat.   I just don't see where the money is in the boat.  The RV has more systems,  more hand labor, more materials, tech, etc....  

Used boat market is kicking right now too.

 

Buy a big enough boat and those tax deductions apply too!

[Cole2001]

4 hours ago, bamabonners said:

I keep saying every year that the bubble is going to pop... still hasn't.

We've been looking at RVs...  I can get a class A for the same price as the new boats.   I get a tax deduction.  I can live on it, cook, shower, even take a dump on it...  can't do any of that on the boat.   I just don't see where the money is in the boat.  The RV has more systems,  more hand labor, more materials, tech, etc....  

Used boat market is kicking right now too.

 

You can live on a Malibu!

Shower option✔️ 

Blender?✔️

Heater✔️

Bucket and a toilet seat✔️

Surround sound✔️ 

Unlike RV's they don't leak!

You guys think the build quality has gone down hill on Malibu's, you should see new 5th wheels, they're leaking before they get off the lot. 

People always seem to question why prices are so high and just keep on buying them. If people stopped buying boats prices would come down! Manufacturers are going to charge the highest amount people are willing to pay. 

 

[billjames]

14 minutes ago, Cole2001 said:

You can live on a Malibu!

Shower option✔️ 

Blender?✔️

Heater✔️

Bucket and a toilet seat✔️

Surround sound✔️ 

Unlike RV's they don't leak!

You guys think the build quality has gone down hill on Malibu's, you should see new 5th wheels, they're leaking before they get off the lot. 

People always seem to question why prices are so high and just keep on buying them. If people stopped buying boats prices would come down! Manufacturers are going to charge the highest amount people are willing to pay. 

 

I would say the highest amount banks are willing to lend to people so they can buy the boat

[Sride]

5 hours ago, bamabonners said:

Used boat market is kicking right now too.

Your not kidding, I ran the numbers on the 2011 vRide 23 the other day and swear its actually gone up in value a bit over the last couple years. At the end of the day they are all bad a** boats from the 2000's to now, they all rock.

[Raffit78]

pharmaceutical sales or manufacturing. Another great option is to refi your house to buy a boat. 2nd option is nice, so you can tell your friends, "I paid cash"