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T&T: Florida Boat Buying

From: Oliver Moore (no email)
Date: Mon Jul 02 2007 - 12:43:11 EDT

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    Dave, I was the publisher of two of the oldest boat magazines and

    > maintained an office in Ft. Lauderdale in the process. There is a

    > definite cycle to boat prices across the entire country as well as S.

    > Fl. The selling season begins in the fall. People have used their

    > boats over the summer and are ready to trade up in that perpetual

    > search for the dream boat. That is why most of the big boat shows are

    > in the fall. Prices are a bit lower than they will be in the spring

    > reflecting the lack of storage costs if the boat sells. There is

    > another flurry of activity in the spring and then the market really

    > slows down in the summer. People are on the water using their boats

    > and not prowling classifieds and boat dealers. On top of that cycle

    > you can factor in fuel costs and interest rates. At the moment both

    > are high which further softens prices. At my local boatyard in

    > Michigan a 1989, 40-foot-Egg Harbor MY with stabilizers, bow

    > thrusters, gas engines and some bulkhead repair to be done sold for

    > $40k--the asking price had come down from $89.

    >

    > As for Fl being cheaper, the internet has erased a lot of what had

    > once been real regional price differences.
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