How do some people do it?

[Bunch Boats]

I may or may not get an answer on this but I keep seeing 2014 through 2016's out there for sale right now and have seen a couple of comments where you all work with your local dealer to get a new boat every year or so. The dealer near me is fairly new in the ski boat business so I'm not sure that they will do it but if I knew how you guys do it, maybe I could work out something with them. I wouldn't mind having a new boat every year but I don't want to get hit every year with the 15-20% depreciation when trading in. So my question is, how do you all work with your dealer to get a new one? Any help would be appreciated. You can PM me if you don't want to post publicly but I would like to know.

[Evening Shade]

I'm interested in this as well.

[a0128]

How do some people do it . . . . . ? You eat your down payment (and depreciation) every year and make $800 / month boat payments. It is a completely losing proposition and not financially viable or sound.

[72Miles]

How do some people do it . . . . . ? You eat your down payment (and depreciation) every year and make $800 / month boat payments. It is a completely loosing proposition and not financially viable or sound.

So, a lot like boating in general.

[Outdoorjp]

Are you voting Bernie Sanders?

Jk. The older I get the more appealing this is I have to admit.
I like the idea of a perfect interrior/trailer every year.
Also alot changed in the g series last 2 years. Most want the updated hull I'm guessing.

[Bunch Boats]

Definitely not for Bernie but your right I did sound that way. LOL

It is very appealing to get a brand new boat every year with all the latest and greatest things. Like the new 12" screen and the surf pockets for the bimini. There are always going to be newer and better things out there and if it is possible, why wouldn't I want them? It just doesn't make sense to take the hit every year. There is some kind of game out there that I don't know about and I want to play. Surely someone out there knows the rules and can give me a little insight.

[F725]

I've seen it most often by the dealership "sponsoring" riders. We have a Supreme / Centurion dealership in town and he gives boat deals to a few riders that the dealership sponsors. The "sponsored" rider buys the boat at a good discount and can resale it for a little more than break even depending on how well they maintain the boat.

The dealership just requires posts on FB and other sites, hauling boats to competitions and using the boats for customer demos. I was offered a deal this spring by another dealership but I cannot imagine switching from Nautique into a sub-par boat. They may have decent wakes / waves but the build quality is no where near that of a Nautique.

So... get really really good at surfing / wakeboarding, put together some self promotion materials, buy a tow vehicle that can haul your boat every weekend, get really excited about doing demo's and attending competitions and not being able to spend time with your family, then, go hit up your local dealership. Or enjoy the boat you have with your family and friends.

[Outdoorjp]

F725 Males a great point.

Nothing is free in this world.

I have had sponsors in off road, and when I sat down , added it up It cost more than going to work at my regular jod and just paying out of pocket

[Evening Shade]

I think what Bunch is asking is this: Do some dealers give really good trade-in values on 1 year old boats to certain customers? It's a way to keep loyal customers buying a new boat each year and It provides the dealership with 1 year old boats to sell. At least that's what I think he is asking. Perhaps the more important question is how you can strike this kind of relationship with your dealer.

[seachicken27]

I like the math on a new boat every year. Let's say buyer 1 buys a new 100k boat every year for 10 years and takes a 10k hit of depreciation on trade in. Let's also say they put 100 hours per year on each boat. After 10 years they have spent 100k working out to 100 dollars an hour. Buyer 2 buys 100k boat and keeps for 10 years. They also have 100 bucks an hour, but have an asset of around 50k now. Buyer 1 has no asset but has had a brand new boat with warranty every year. Buyer 2 may have some headaches along the way. So for me, if that depreciation was say 5k per year, then things seem to make more sense to have a nice new boat every year.

[swatguy]

Depends on dealership.


Way way mine worked. I "paid " every year for new boat. First one put the down payment. Had it worked out with dealer ahead of time I would be buying a new boat every year. I got boats for just above cost so they could make a little money. Kept it in pristine condition. Solid it for more than I paid as I ordered boats that people would want. Always had it up for sale with a delivery date of end of season. Every boat I had was sold 3/4 of the way through the season. The profit went for down payment on next one and there was always profit in the sale price. Most of our local "buy every year guys" had this world put the same way.


Nowadays I think a majority of the guys just have a bankroll and as mentioned eat a down payment every year

[Nautiquehunter]

The care free boat club has new models every year no maintenance,cleaning or hauling and cost is a lot lower than deprecation on a new boat .

[Guntersville230]

Just a thought too, can't used boats be sold out of nautique area restrictions? Thus having a low hours one year used boat every year that can be sold to ANYONE may be a plus to a dealership? May have nothing to do with it, but seems like being able to sell to a larger "audience" may increase overall profit.

Sent from my SM-G935V using PLANETNAUTIQUE mobile app

[d_nodixon]

I would love to buy new but the same items as mentioned by others makes me go the other way...new every year sounds great and I hope to work out such a deal one day. No tax in LA on used boat from private seller so that is a good incentive for me to go used.

Sent from my VS985 4G using Tapatalk

[lucky7t]

Ok so for starters you don't "trade it in" . The dealer has to make money so if you trade you lose more money . Instead you buy the new one and sell your old one yourself netting yourself more money .

Secondly you sit down with your dealer (preferably the owner not a salesman) and explain what your doing . Sometimes dealers need sales for next years allocation . Simple

You will lose 10% no matter what each time