The Buyer's Market is over. You heard it here first.

[SeaEric]

2015 may be a Happy New Year for those of you wishing to sell nicely maintained older boats. It appears to me that in the last 3 to 4 months, buyers have been paying what would have recently been deemed "out of the book" prices for nicer boats. I guess folks have finally wised up to what it really costs to make a turd into a princess.

There remains little to no market for junk. There is limited market and still low selling prices for anything that even hints at being a project. I have recently had buyers pronounce "project" status on a decent boat that needed carpet. The project bar is quite low.

Older boat financing seems to be opening up just a little. Most buyers are still paying cash.

 

[magnawake]

I hope so, since mine is on market. I have had little interest or phone calls. I think people are still looking for that "fire sale" boat. Mine is priced at about 75-85% of the top boat and mine looks just as good or better than all for sale. Plus I have been cruising and constantly upgrading. Maybe since the price of diesel is on the fall they are looking for a good deal on a 53 MY.