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View Full Version : Best "Age" to sell a Boat



Shad74
07-12-2012, 03:07 PM
I have been lurking on here for last several months, picking up a lot of good information, and this site helped me in my purchase this spring of a 2012 XLV, but just like vehicles theres has to be a "good" time to sell, not the time of the year, but if its prior to waranty expiring, or 3-5 years old, under a certain # of hours. Don't get me wrong, I have no complaints, boat has been nearly perfect, it's been the perfect mix of great amounts of space and performance, and i don't see any reason to buy anything else at the current time.

Im one of those people that rarely keep a vehicle past the warranty expiration, so just trying to get an idea from people that have probably been in the same situation with boats.

jmvotto
07-12-2012, 03:26 PM
Our 07 had low hours and maintained. Traded it this year for a 2012 xlv for the bigger size and space. Not issues on the warranty as we had one year on the obv

viking
07-12-2012, 04:06 PM
I take care of my stuff and drive them forever so I'm not one to trade or get rid of just for something new. No help here :)

maxpower220
07-12-2012, 05:34 PM
Typically, selling before the 10 yr mark is best. Another factor is the model of boat and if there have been updates/redesigns. A redesign will cause you older boat's value to go down. Things that will help you retain value is general appearance, interior appearance, and low hours. No one is looking for a high hours, beat to crap, scratched up boat.

wolfeman131
07-12-2012, 05:50 PM
Depends on economy, IMO. I say 4 yrs.

chawk610
07-12-2012, 05:52 PM
Good topic... I would like to hear more weigh in. We were aiming to sell / trade our '08 in next year. I think it will have around 175 hr on it.

bergermaister
07-12-2012, 07:26 PM
I'm very curious to hear the underlying desire to trade up. If it's going to a bigger or smaller hull or d-drive to v-drive that is understandable. But for example going from one LSV to a newer LSV? Going newer just for the sake of being newer?

For me I will probably keep this boat until I outgrow it and then let the kids use it. Other than some new upholstery, carpet, a few other cosmetic things etc. there's really not much I'd change. Before too long it will be considered a classic!

brain_rinse
07-12-2012, 07:33 PM
I'm very curious to hear the underlying desire to trade up. If it's going to a bigger or smaller hull or d-drive to v-drive that is understandable. But for example going from one LSV to a newer LSV? Going newer just for the sake of being newer?

For me I will probably keep this boat until I outgrow it and then let the kids use it. Other than some new upholstery, carpet, a few other cosmetic things etc. there's really not much I'd change. Before too long it will be considered a classic!
While I will likely own my current boat for quite a while, some of the things that would push me to upgrade, even to the same model, would be tandem trailer, snap out carpet, deeper hull, and 2 point tower. But you make a good point and I would not likely upgrade my 08 (or even an 06 if I had one) to a 2012 for example as so little changed.

Shad74
07-13-2012, 09:43 AM
Thanks everyone for the input, this is the first boat that I have purchased new (other than a few "cheap" aluminum fishing boats), prior to purchase I did a lot of surfing on used boat websites, and seemed that most used boats didn't appear until they hit the 4 year mark, didn't know if this was a coincidence or there was some fundamentally break point where the depreciation and resale equaled out.

As I stated earlier, I have been totally pleased with the current XLV, and I still think it was a great boat to get the family more into watersports, and given our limited time that we can use it, I am really glad we didn't jump in with an 80-100K higher end boat. Many people have asked how we picked this brand and model, and I give the same response everytime..... i got more "boat" for the money, sure it doesn't have all the bells and whistles as some of the higher end boats, but at the point, those extras were not important to us, as the kids get more involved and interested who knows......

ga-lsv05
07-13-2012, 09:55 AM
My 05 lsv has just over 400 hrs on her now and i wouldn't think of getting rid of her unless moomba made a huge hull improvement or we just out grew it. As long as you maintain it as you should, I say keep it until you're tired of it or just need more room.

Sent from my PG86100 using Tapatalk 2

maxpower220
07-13-2012, 01:31 PM
I think you are seeing a 4 yr mark at this point due to the economy. 06-08 was a booming time for most Americans and there were new boat purchases all around. Reality hit in 08-09 and boat sales fell. Now that the economy has leveled out (at a very low state) people are willing to look at a new boat.

If you looked at boating in the 2000-08 era, you may find the same trend, but you might would see a lot of smaller base model boats for sale. i.e., trading a closed bow ski boat for a smaller V-drive or a small v-drive for a larger v-drive.

wolfeman131
07-16-2012, 11:57 AM
But for example going from one LSV to a newer LSV? Going newer just for the sake of being newer?


My 05 lsv has just over 400 hrs on her now and i wouldn't think of getting rid of her unless moomba made a huge hull improvement or we just out grew it.

muwhahahahahaha . . . .

You boys seen the sneak peak pics of the 2013 LSV? :)

bergermaister
07-16-2012, 12:20 PM
Where would a guy stumble across said pictures prior to next Tue?

moombadaze
07-16-2012, 12:25 PM
While I will likely own my current boat for quite a while, some of the things that would push me to upgrade, even to the same model, would be tandem trailer, snap out carpet, deeper hull, and 2 point tower. But you make a good point and I would not likely upgrade my 08 (or even an 06 if I had one) to a 2012 for example as so little changed.

Dan, think most all your asking for you will see in the new LSV

wolfeman131
07-17-2012, 04:31 PM
Where would a guy stumble across said pictures prior to next Tue?

Using the word "stumble" was quite appropriate as had one chosen to attend the Sinclair Jam and stuck around for some late night beverages, one might have gotten a peek. :)

mnpracing
07-17-2012, 04:54 PM
Honestly, I like the changes that have been leaked, and if the running surface were to change to more v-hull'ish in the back 1/2 of the hull, I'd be lining up to order one. If there's no change to the running surface, no point in upgrading from an '08 LSV.