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Hopefulbennyowner

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Looking at a 2016 2275 GCW w/ Yamaha F150 with trailer. Only 20 hrs. So new I can't seem to get a value on NADA. Private sale listed at $48.9k, owner supposedly paid bought last Sept for $52k.


Thoughts?
 
use build a boat to recreate the build and you will see what full retail was to give yourself a starting price point. 
 
Being a 2016, you could "build" it on the website and see what MSRP is, then take about 25% off.


Depending on where you are, what sales tax he paid, etc.  I wouldn't include that in my purchase price (i.e he paid 52k, but 3k is sales tax, so he paid 49 for the boat, would you pay 48.9?)


Lastly, I recently purchased a decently loaded 2016 2375 RCW for less than that (with 115 HP), and has 0 hours. 
 
Thanks for the insights. Is a 25% discount off MSRP the norm for a new boat like this one?

Dub9 said:
Being a 2016, you could "build" it on the website and see what MSRP is, then take about 25% off.


Depending on where you are, what sales tax he paid, etc.  I wouldn't include that in my purchase price (i.e he paid 52k, but 3k is sales tax, so he paid 49 for the boat, would you pay 48.9?)


Lastly, I recently purchased a decently loaded 2016 2375 RCW for less than that (with 115 HP), and has 0 hours. 
Click to expand...
 
Depends on the dealer and time of year. I bet you are paying what he did. I sold mine after 3 months for what I paid excluding sales tax. Wouldn't hurt to price a new one with exactly what you want just to get a new number to compare against. 
 
Thanks again for the insights. He bought the boat in Sept '15 from a hi volume Bennington dealer. Shouldn't a new unit lose 10-20% as soon as it's dropped in the water, like a car rolling off the dlr lot?  This one has only  20 hrs. My plan would be to sell the boat in two years, when a house move is likely. I know it depends on the purchase price, but what % value decrease can I expect in 2 yrs? Told Bennington holds value the best. 
 
2016 2375 GCW for $38k. Just an example. 


http://www.boattrader.com/listing/2016-BENNINGTON-2375-GCW-102560297


i would consider building the boat on the website, take off 25% for what he paid, then take of another 10% for the used boat hit.  That might be a good start.


i forget as second owner if you get the balance of the 7 year or 5 year warranty. Same goes for transferring the motor warranty. 


Also, that seems like a pretty big investment for two years. Maybe getting something a bit older may be a viable alternative. 
 
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I purchased my boat in May of 2015. I could sell my boat tomorrow for between $5k-$10k over what I paid. I don't think it is correct to assume that the boat would loose 10-20% once titled based on purchase price. There are a lot of factors such as options, time of year your buying and what he paid vs what the MSRP was. Example... my boat had a MSRP of $101k and I purchased for $65k and could get more than what I paid if I chose to sell. My friend paid $70k for his had it for 6 months and sold for $65k. Every deal is different for every buyer. The boat is worth what someone is willing to pay.
 
Landscaper2009 said:
I could sell my boat tomorrow for between $5k-$10k over what I paid.
Click to expand...

Yikes, I would actually TRY that before saying that.  Yes, prices are crazy and the market seems hot but I've been trying to sell mine for a few months now.  I compared it nationwide to all other similar boats and I'm the best value out there and it's been pretty quiet.  People want to STEAL boats on a private sale.  They'll happily pay a dealer way more than they should for a used or a new one though.  I'm not sure if that's misplaced trust because it's a dealer or misplaced brains because of 15 or 20 year financing but that's what's been happening, at least around here.  Also, yes, new boats are just as bad as new cars for losing value right after you buy them.  You don't even have to even put it in the water so I guess in a way it's worse than a car!


To the OP, that seems a little high.  I'm asking a few hundred over that for mine and it's an R class with a 250hp engine (trailer extra though).
 
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Nautical said:
Yikes, I would actually TRY that before saying that.  Yes, prices are crazy and the market seems hot but I've been trying to sell mine for a few months now.  I compared it nationwide to all other similar boats and I'm the best value out there and it's been pretty quiet.  People want to STEAL boats on a private sale.  They'll happily pay a dealer way more than they should for a used or a new one though.  I'm not sure if that's misplaced trust because it's a dealer or misplaced brains because of 15 or 20 year financing but that's what's been happening, at least around here.  Also, yes, new boats are just as bad as new cars for losing value right after you buy them.  You don't even have to even put it in the water so I guess in a way it's worse than a car!


To the OP, that seems a little high.  I'm asking a few hundred over that for mine and it's an R class with a 250hp engine (trailer extra though).
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Actually had two serious offers one through a client of the dealer so not really needing to try it first. I'm not selling at this point so irrelevant. I was just giving an example and stating the fact that not every situation is the same. Perhaps you paid closer to MSRP than other buyers. Again another boating friend of mine here just sold his and took a $5k hit (No where near your estimation). Not like cars at all! JMHO 
 
Looked at ordering another boat this spring, boat was 2 years old with 66 hours. Dealer had it sold sold for what I paid as soon as I was ready to pull the trigger. I waited for my boat as one like mine no keeps on the lot so.......... If you want a boat like that and don't want to wait you pay the going rate. 
 
Landscaper2009 said:
I purchased my boat in May of 2015. I could sell my boat tomorrow for between $5k-$10k over what I paid. I don't think it is correct to assume that the boat would loose 10-20% once titled based on purchase price. There are a lot of factors such as options, time of year your buying and what he paid vs what the MSRP was. Example... my boat had a MSRP of $101k and I purchased for $65k and could get more than what I paid if I chose to sell. My friend paid $70k for his had it for 6 months and sold for $65k. Every deal is different for every buyer. The boat is worth what someone is willing to pay.
Click to expand...

Many of us got that same type of deal, it is the norm on high volume dealers.  I would not pay those prices for a used boat when a search on the internet finds me a new one at a less price.  I don't think anyone is paying full MSRP for a Bennington, it they did, they did not research hard enough, or maybe just built what they wanted and did not care about the cost.  Those people don't care how much they spend, most people do.
 
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