New Sails for Sale
With the anticipated Boomers retirement into adventure land, there should be no shortage of "new" buyers getting your next previously enjoyed boat. I have heard here & there that boomers hold the nations wealth and plan to spend a fair amount of it on their retirement, be it motorhomes, big motorcycles, boats of all kinds, 5th wheels or just some travel aventure, but they can't take it with them so many will spend it. I bought my little MacGregor 26M brand new in 2003 and that is my retirement project as I will retire next year. At the time it never occurred to us to buy used, my wife liked it when she saw it at the boat show so we saved and bought it. In hindsight I think it is better to buy used and let someone else enjoy the first half of ownership as I have discovered first hand how expensive it is to outfit a brand new boat. That said I still have no regrets because I never bought it as a financial investment but moreso as a retirement investment to enjoy the fruits of my many years of labour. I plan to get a lot out of it. The one downside to big boat ownership is the lack of slips available in some areas, there seems to be some rather long waiting lists in the more prime location marinas. Owning a trailerable is a palatable aternative for me. As a pundit speculating here is some food for thought; what is to become of all those toys that boomers keep buying and who is going to purchase them? Given the boomers are a population peak then the buyers must be a population valley, which means more sellers selling toys than buyers able to buy them. Perhaps the future holds some very good deals to be had in the used market for those willing to wait.
With the anticipated Boomers retirement into adventure land, there should be no shortage of "new" buyers getting your next previously enjoyed boat. I have heard here & there that boomers hold the nations wealth and plan to spend a fair amount of it on their retirement, be it motorhomes, big motorcycles, boats of all kinds, 5th wheels or just some travel aventure, but they can't take it with them so many will spend it. I bought my little MacGregor 26M brand new in 2003 and that is my retirement project as I will retire next year. At the time it never occurred to us to buy used, my wife liked it when she saw it at the boat show so we saved and bought it. In hindsight I think it is better to buy used and let someone else enjoy the first half of ownership as I have discovered first hand how expensive it is to outfit a brand new boat. That said I still have no regrets because I never bought it as a financial investment but moreso as a retirement investment to enjoy the fruits of my many years of labour. I plan to get a lot out of it. The one downside to big boat ownership is the lack of slips available in some areas, there seems to be some rather long waiting lists in the more prime location marinas. Owning a trailerable is a palatable aternative for me. As a pundit speculating here is some food for thought; what is to become of all those toys that boomers keep buying and who is going to purchase them? Given the boomers are a population peak then the buyers must be a population valley, which means more sellers selling toys than buyers able to buy them. Perhaps the future holds some very good deals to be had in the used market for those willing to wait.