Aluminum boat builders - why have they become so greedy???

[Ringo]

These prices aren't a reflection of the current money market, still ambitiously catered to the crazy demand from the COVID/CERB times. Once the inventories hit a certain level, they'll start cutting their margins. IMO, the reality of the high interest rates and the general decline in consumers appetite will be felt by early summer.

 

[Tips Up]

Shipping costs are the biggest increased variable no matter what you are selling. But a hot market with huge demand has certainly driven prices up. With interest rates at 2% for past decade everyone was a buyer. Will be interesting how long it takes these new interest rates to effect the demand. Should also be some great deals coming up on 2-3 year old boats. Some will have to sell the toys to keep roof over head.

 

[Stosh]

Next big problem will be finding bottom paint for Aluminum boats - no more Trilux available in Canada.
Stosh

 

[Aquaholic]

Next big problem will be finding bottom paint for Aluminum boats - no more Trilux available in Canada.
Stosh

some shops have stock, but yes there is a supply problem.

 

[ship happens]

some shops have stock, but yes there is a supply problem.

It's not a supply problem. It's not available for import in Canada.

 

[Unreel]

I believe prices have almost doubled since about 2018-2019, with the majority of that increase since 2020. In 2018 my neighbour at my marina had just bought a used 2015 kingfisher 2425 for 75k. From what i remember he said a new one at that time was about 90-95k. Hes now trying to sell it for 135k. Theres another used 2018 kf 2425 up for $165k on fb. I think new they are $180-$200k now. Supply and demand, inflation and greedflation all play a role imo.

 

[Cookie's Cutter]

I believe prices have almost doubled since about 2018-2019, with the majority of that increase since 2020. In 2018 my neighbour at my marina had just bought a used 2015 kingfisher 2425 for 75k. From what i remember he said a new one at that time was about 90-95k. Hes now trying to sell it for 135k. Theres another used 2018 kf 2425 up for $165k on fb. I think new they are $180-$200k now. Supply and demand, inflation and greedflation all play a role imo.

Trying to sell and sold are 2 different things

 

[SpringVelocity]

These big boats are quite frankly marketed to rich people. Target is baby boomers retiring and sitting on good pile of cash. It's not the typical GENX or other younger groups.

Look at his way would you want a really big boat that just sits at marina hardly get used? Many of guys I know with some of these boats go on and on about spending weeks on them. Then they never go.

The smartest boats right now are versatile boats in the 17 and 22ft class. Easy to launch on your own and way more versatile for fishing other areas. Especially trailering.

It also seems like weird investment with fisheries as they are now.

 

[Rain City]

These big boats are quite frankly marketed to rich people. Target is baby boomers retiring and sitting on good pile of cash. It's not the rypically GENx or other younger groups.

Look at his way would you want a really big boat that just sits at marina hardly get used? Many of guys I know with some of these boats go on and on about spending weeks on them. Then they never go.

The smartest boats right now are versatile boats in the 17 and 22ft class. Easy to launch on your own and way more versatile for fishing other areas. Especially trailering.

It also seems like weird investment with fisheries as they are now.

I think the new regs are the reason people are stepping up a class. Cruising adds a whole other reason for owning a boat. I sure wouldn't want to spend a week at Hornby in a 17 foot boat. We do 20 to 30 nights a year sleeping in our boat. Another 20 to 30 just going down there to entertain and have dinner at the dock. What's that worth? For us, living in a tiny laneway home (the East Van dream), having the boat moored as a getaway is essential.

 

[Fisher_dude]

I think that there is a group of people out there, myself included, that don’t necessarily need to fish. Being on the water for me is therapy. I couldn’t live without it.

 

[Aquaholic]

These big boats are quite frankly marketed to rich people. Target is baby boomers retiring and sitting on good pile of cash. It's not the typical GENX or other younger groups.

Similar to the motorcycle crowd of the retired boomers that only ride to Starbucks and back.

 

[ship happens]

I think that there is a group of people out there, myself included, that don’t necessarily need to fish. Being on the water for me is therapy. I couldn’t live without it.

Do who's going to break out the 20ft rubber duckie?

 

[Fisher_dude]

Do who's going to break put the 20ft rubber duckie?

I would if my boat was down!

 

[TMan]

200K NZ dollars gets you this rig. Which is for sale now. Funky boat. Worth a watch.

 

[ship happens]

I would if my boat was down!

Venture has a tow post, I'll tow a 20ft rubber duckie

 

[Rain City]

Do who's going to break out the 20ft rubber duckie?

I may or may not have a party island, a slice of pizza and a flamingo. But I'll never tell.

 

[Fisher_dude]

I may or may not have a party island, a slice of pizza and a flamingo. But I'll never tell.

Now I wanna bring a big inflatable out the next time I’m hali fishing.

 

[wolf]

We do 20 to 30 nights a year sleeping in our boat.

At the dock??
as it always seems to be in shop or broken down!!!!
Sorry I had to bud , again im sorry LOL LOL

 

[ship happens]

Now I wanna bring a big inflatable out the next time I’m hali fishing.

Yep, get in bud, your on your own for a bit. Send the dingy to go get him after

 

[Unreel]

At the dock??
as it always seems to be in shop or broken down!!!!
Sorry I had to bud , again im sorry LOL LOL

Savage