Sell or Keep? Market for ~60k boats?

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  • nautiques4life
    Senior Member of PLANETNAUTIQUE
    • Jan 2009
    • 696

    • SoCal

    • 2012 SANTE 230 Previous: 2005 SANTE 210 1997 OG Air Nautique

    #1

    Sell or Keep? Market for ~60k boats?

    Currently I have a 2012 230; which at it's release was nautiques' biggest/baddest model, what all the team rider's had, it was the boat to get... then the G23 debuted in 2013.
    Everything changed, not that my boat got worse, but demand certainly dropped as EVERYONE wanted a G. Fast forward 6+ years, is there a market for my used boat?

    One thing I have going for me, it has nautique installed NSS, I think surfing saved the inboard boating industry, and having this helps separate my boat from all the 2008-2011 236/230's that appear to have been on boat trader/only inboards for months.

    My question is, what to do with this boat? Keep it or sell it? Please comment, maybe I'm wrong or looking at things from too simplified of a perspective, but it seems, there are buyers at 30k and 100k (or more), but little middle ground. I assume many young/first time boaters looking at 30k (used prices) is already pricey, so that market I get, but are people going from 30 to 90+ as their second boat? Seems like a huge jump, I was hoping to move up incrementally (going from 05 210 to 12 230), but do most make that huge jump?

    Maybe it is long term financing incentive or many buyers see a sparkly 2018 axis at 90 a better value than a 2012 230 at 50-60, because age is more important than build quality to them?

    So here I am coming into another season, wondering if there is (or ever will be) a good/better time to sell this boat. After years of ownership this boat is dialed, NSS, FAE, stereo, tower lights, underwater/speaker/cupholder/vent LEDs, board rack upgrades, custom seadek, custom bouy mounts, etc... but is also starting to feel its age and increasing in hours, and tradtionally I have gotten a new (to me, used) boat every 5-6 years. So it is not exactly time, but worry there may never be a time, and maybe I should try to get into an old G now, otherwise the gap may get too large for me as they hold value and mine depreciates. I see what people are asking for these boats but many have been sitting for sale for very long periods... so asking price isn't reflective of selling price. I wish there was an available chart or graph somewhere showing diminishing returns. My thoughts are if it is going to be impossible to move this boat at 60 or even mid to high 50's, I may be forced to hold it for years until it's value bottoms out all the way to the 30 range... and if value does bottom out, at that point I might as well keep it, not only because it's no longer a depreciating asset, but also because the jump from 30 to 90 isn't one I could make.

    So if any of you have had experiences (either selling or buying) or work in the industry and could share any insight or just your own personal thoughts I would very much like to hear our opinions, thank you in advance, hope everyone's surviving winter, sorry for the long post, can't wait to be back out on the water...
    Last edited by nautiques4life; 01-20-2020, 02:28 AM.
  • Cpan13
    • Jan 2016
    • 343

    • Canada

    • Current - 2021 G23 … Previous - 2020 Supra SL450, 2015 G23, 2014 G21, 2012 Epic 21V

    #2
    I think you hit the nail on the head. I jumped from my $52k Epic 23V to a $120k G21 (Canadian prices) because there was no boat in between those two prices that I felt justified their asking price. The G really changed the game.

    Comment

    • NautiqueJeff
      A d m i n i s t r a t o r
      • Mar 2002
      • 16550
      • Lake Norman

      • Mooresville, NC

      • 2025 SAN G23 PNE 1985 Sea Nautique 1980 Twin-Engine Fish Nautique

      #3
      A nice 230 with NSS will sell fine. If you do get an early G, avoid the 2013 with the 409 or 450. The 1.48:1 v-drive ratio on the 2013 boats made planing difficult with full ballast and the 409 or 450 engine. The 2:1 v-drive came out the next year, so anything 2014+ with the 450 is fine, and any G with a 550 is fine.
      I own and operate Silver Cove Marine, which is an inboard boat restoration, service, and sales facility located in Mooresville, North Carolina. We specializes in Nautiques and Correct Crafts, and also provide general service for Nautiques fifteen years old and older.

      If we can be of service to you, please contact us anytime!




      Current Boats —> 2025 Super Air Nautique G23 -- 2001 Ski Nautique -- 2000 Nautique Super Sport PYTHON -- 2000 Nautique Super Sport -- 1999 Ski Nautique PYTHON-- 1985 Sea Nautique 2700 (Twin-Engine, 1 of 13) -- 1981 Fish Nautique (Twin-Engine, 1 of 4) -- 1980 Fish Nautique (Twin-Engine, 1 of 4)
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      Comment

      • nautiques4life
        Senior Member of PLANETNAUTIQUE
        • Jan 2009
        • 696

        • SoCal

        • 2012 SANTE 230 Previous: 2005 SANTE 210 1997 OG Air Nautique

        #4
        Good information, thanks Jeff, I wasnt aware of those details, and ideally would be shopping for a 16 although unfortunately out of my price range

        Comment

        • scttp
          • Sep 2015
          • 93

          • Duluth, GA

          • 2015 G

          #5
          Originally posted by NautiqueJeff View Post
          A nice 230 with NSS will sell fine. If you do get an early G, avoid the 2013 with the 409 or 450. The 1.48:1 v-drive ratio on the 2013 boats made planing difficult with full ballast and the 409 or 450 engine. The 2:1 v-drive came out the next year, so anything 2014+ with the 450 is fine, and any G with a 550 is fine.

          a 2013 g23 with a 450 gets on plane to wakeboarding speed just fine with stock full ballast and a medium crew. (Elevation 1000 ft) You just can’t slam it with lots of extra weight like a 2014 and up with the better transmission...


          Sent from my iPhone using PLT Nautique

          Comment

          • Nautiquehunter
            1,000 Post Club Member
            • Jun 2008
            • 2080

            • Flowery Branch GA Lake Lanier

            • 2008 210 SANTE 67 Correct Craft Mustang

            #6
            The 230 has great lines the G is a barge. Both put out a world class wake. I would keep the 230 unless you are rich or a pro.

            Comment

            • Miljack
              1,000 Post Club Member
              • Dec 2004
              • 1616

              • Charlotte, NC

              • '08 230 TE ZR6

              #7
              Good points nautiques4life , my $0.02 is the "entry" price for wakeboats is getting closer to what you perceive as the "market" price for a 230 range, i.e. $50k+ There's not that many "good" vDrives in the $30K price range. Surfing is pushing the Vdrive market at this time, so boats that surf well will hold their value fairly well.
              2008 230 TE-ZR6
              1999 Pro Air Python-sold and moved away :-(

              Comment

              • LakesideRec
                • Jul 2019
                • 103

                • Prior Lake, MN

                • '15 Super Air Nautique 210 ''18 Bennington 25 spdxp '16 SeaDoo gtr 215 (2) '16 Yamaha SuperJet

                #8
                In my book, a boat is in its sweet spot of ownership from years 5 through 15. I would enjoy the heck out of it for 10 more years. After the off-the-lot depreciation hit, (and after its paid for if financed), but before it starts to have problems and look aged.

                Invest the $50k to $100k you would spend on upgrading, and the depreciation will be more than offset by your investment. Also, its a lot easier to put money into an older boat when you are not still making payments on the original purchase. Pay to have it professionally cleaned and detailed and fix all the niggling little things that bother you about it each spring. Much more enjoyable.

                I just bought a 2015 210 SAN. Loving the fact that the G's pushed down the prices on the SAN. We were also looking at similar vintage 230's. But for the size of our lake and the number of people typically on-board, no need for anything larger. Plus the traditional boat-shape of the boat is much more pleasing to me. Meanwhile, $60k still in my pocket compared to a new boat of similar capability. Can buy a whole lot of gas and fix a lot of stuff for $60k and still have money left over.
                Last edited by LakesideRec; 01-20-2020, 11:07 AM.

                Comment

                • mooneywa
                  • Apr 2019
                  • 146

                  • PK, TX

                  • 2020 230

                  #9
                  I can attest to being the person that when I bought my first boat in late 2017 I cross shopped a brand new Axis and NXT and a used 2015 Nautique 210. Ended up in the 210 without even a second thought. The prices were roughly the same and it wasn't even close after I went to look at and drive the Nautique. I care a lot about fit and finish and reliability and you could tell right off the bat what was what in each boat. I don't think you'd have any issue selling your boat - cross shopping you highlights these differences with the so-called "entry" boats. With what you have on your boat it narrows the gap in tech which has always been the selling point of Axis - Malibu tech without the Malibu price.

                  As far as values, I try and ignore "what my boat sells for today" and consider instead "can I afford the difference in price to upgrade?" It's purely a psychological exercise, but if you sat down today and did the math for an upgrade you'll come to the conclusion that you either can... or can't... swing it. Wait 6-12 months and run the exercise again. Sure there will be a little depreciation, but there will be on the buy side as well. The biggest delta BY FAR in that exercise is your rate of savings not your rate of depreciation. The best way to afford a $50k+ jump is to buckle down and save until you can meet the point in cash or a down payment where the jump is do-able.

                  Upgrading from a 2015 210 to a 2020 230 for me was all about simply realizing I loved wake boating a lot more than I thought I would and making the jump up checked a lot of boxes that enhanced the experience.

                  Comment

                  • hal2814
                    Senior Member of PLANETNAUTIQUE
                    • Jun 2016
                    • 541

                    • Ft Worth, TX

                    • 2022 G23, Previous: 2021 GS24, 2011 Super Air Nautique 230, 1995 Super Sport, 1983 Ski Nautique

                    #10
                    Back in August I bought a 2011 230 for $55k. I think you’re overthinking things. NSS would’ve been nice but I was very happy with the condition and hours on my 2011. Other makes crossed my mind but my last two boats were a SN2001 and a Super Sport. I’m not leaving Nautique without really good reason. My Nautique dealer offered me more on trade than I could get selling the Super Sport outright. You may start there if you’re looking to upgrade. or if you’d prefer to sell it yourself just list it and you’ll get your answer.

                    Comment

                    • scottb7
                      1,000 Post Club Member
                      • Aug 2011
                      • 2198

                      • Carson City, Nevada

                      • 2014 G21 (Current) 2008 SANTE 210

                      #11
                      i think everyone made good points...

                      i guess if it was me i would have to ask myself how much keeping it is bothering me. If you still really enjoy the 230, can you quit thinking about selling it and just enjoy the 230?

                      if you find your really obsessed with getting something different and it is on your mind too much, then just sell it and get something else.

                      also be reminded there are significant trade offs for every boat. g series is like driving a mini van compared to 210/230. g series has very bad slow speed clean wakes. both 230 and g series little finicky side to side...g series may lose a prop or two to the bottom of the lake, which is worrisome. axis malibu may be cheaper but in general but have higher bow rise and consequently worse visibility.

                      my point is that if you are the type to be concerned about one thing or another when owning a boat, then you probably just trading one set of concerns for another.

                      p.s. i would guess that yours is depreciating less per year then the g series boat you are thinking about getting so you probably saving money each year you keep yours...

                      Comment

                      • nautiques4life
                        Senior Member of PLANETNAUTIQUE
                        • Jan 2009
                        • 696

                        • SoCal

                        • 2012 SANTE 230 Previous: 2005 SANTE 210 1997 OG Air Nautique

                        #12
                        A lot of good points, many of which I had not considered. Thank you all for taking the time to reply.

                        Highlights included:

                        the styling... 100% agree, I prefer traditional bow. Plus my "elderly" parents drive occasionally, and 230 wins there too.
                        my boat 100% paid off, wintertime costs/repairs far less than the $ to upgrade leaving more for gas/life. And as LakesideRec mentioned, investing the $ I save keeping it covers depreciation.
                        Scottb7 mentioned (which I'd forgotten) newer g23's are likely depreciating more than my 12 230, keeping it another season might allow me to reach into a 16 (or may have a smaller gap at least).
                        If my prop falls off I'd be shocked.
                        I think Mooneywa makes a lot of sense in that I should run the exercise again or every 6-12 months, financially speaking I can make the jump today, but not sure the improved boating experience can justify the 30k.

                        One thing I didn't include above, I actually wakeboard, used to be pretty good even, and while the 230 surf wake with my NSS and upgraded ballast system is apparently incredible, that's just for friends. I've got a few years left of advanced wakeboarding in my knees, and that consideration might be influencing my g23 desires more than anything. Also in response to ScottB7, I do really enjoy my 230, just wonder if I'll be too old to appreciate the g if I wait too many years to get one.

                        Thank you all again for your time and insights, love this group!

                        Comment

                        • shag
                          1,000 Post Club Member
                          • Jul 2003
                          • 2217

                          • Florida


                          #13
                          I don't think I'd ever get a G. You can't beat the styling of the 230 and the lines. I have a 2008 230, and would probably only upgrade to a newer 230 (used) if I do. You mentioned hours, mine has 1150 and I don't plan on getting rid of it. Actually just re did the interior and it looks almost new again! I have aftermarket NSS and it surf's real well. I like the wakeboard wake just fine. I have the 343 and just propped down a bit so I have plenty of low end pull. turns a few ore rpm's at 23.5, but not a big deal. The only place I would see that being a negative is big lake boating if you wanted to run fast (45MPH). With this prop I can do upper 30's without the motor being pegged.

                          Comment

                          • srock
                            1,000 Post Club Member
                            • Oct 2008
                            • 1068

                            • Florida

                            • 2009 Super Air 230 2005 Whaler Dauntless

                            #14
                            I shopped for 2 years until I found an extremely low hour 2009 230 a year ago. In my case, I spent a little extra money because the boat was spotless with only 50 hours and I wanted old school gauges. I have the money for something much grander, but new boat ego aside, I have a sweet boat and more money in my pocket. I have yet to find someone who refuses to board or does not offer a friendly "nice boat".

                            On to the nuts and bolts. I found the NSS to be important to many buyers, so I purchased Max1.2's NSS system, but there is a trade-off on the 2010-2011 model's desirability due to Linc system issues. With that said, I think you are in a desirable boat sweet spot with that model year, NSS, more desireable Linc, and an increasingly affordable price. Remember, the 230 is still offered and purchased so it's not a dead model, in fact, Nautiques website says the 2020 is "Renowned for a Reason".

                            The point is, the 230 is an excellent boat, with an outstanding reliability record, sports car handling, and beautiful lines. Ride the lower depreciation curve and enjoy the boat. The improvements will continue and the 2016 model you like so much today will seem crappy and old by the time you make the move.

                            Comment

                            • d_nodixon
                              Senior Member of PLANETNAUTIQUE
                              • Sep 2008
                              • 475

                              • Hammond, LA

                              • 2013 SAN 230

                              #15
                              I too have a 230(2013) and considering the upgrade to a G23. Reading through the posts above I saw a few things that I thought to be the opposite...not direct quotes, just how I interpreted...
                              1. Both the G and and 230 have a finiky wakeboard wake side to side. I though the G was not near as sensitive.
                              2. The G series has a poor low speed wake. I thought the Gseries had cleaner wakeboard wakes at slow speed than the 230.
                              3. The Gseries do not handle chop as well as a 230. Again, thought this to be the opposite

                              I would appreciate folks takes on these three items above. Thanks!

                              Sent from my Pixel 2 using Tapatalk

                              2013 SAN 230
                              2006 SSN 210 (SOLD)

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