NextLevel530xi

Hey...I know this is a little of topic but I am in heavy negotiating at a boat dealer ship on a 2008 Larson senza 186, 5.0 mercury engine 220hp. Is this a good boat? This is the first time buying a boat, so I know nothing about pricing. Dealer is asking for $35,000CDN final with taxes for this. This includes 5 year FULL warranty, trailer with brakes, depth finder, 8ppl seating. Bimini top. $500 in store credit. I was told that negotiating on boats is not like buying a car. I was expecting discounts???

-Mike-

Tough topic here on the forums. Quick google search found this same boat for 20k USD, with a slightly larger motor. 35k CDN is still 32k or so USD, so using this specific example, your price appears high. I don't know much about inboards because mine is a fishing boat, but thought I'd pass it along. If nothing else, it's a point of reference. Good luck!

http://richardsboatcenter.com/new_vehicle_...amp;pov=1230481

NextLevel530xi

That was one of the first ad I saw when researching average prices. Not really a confrontiational person but was thinking about printing a couple of these ads out and bring them to the dealer and ask when their is a gap.

-Mike-

If you can save yourself 10k off the price of the boat, I wouldn't worry about the confrontation at all. That's just 10k in the boat....what about the interest you'd pay on that over the coarse of a boat loan? (assuming you're financing). You're trying to be an informed consumer, and there is nothing wrong with that. Print these out and take them in there and challenge them as to where/why the 10k uplift? One would think they would want to move year old inventory. If they still give you a hard time, I would look elsewhere.

Then again, maybe there is a valid explaination? I don't know, that link look pretty comparably equipped!

Big investments suck!

craigm1841

NextLevel530xi

Thats the funny thing...I am paying CASH. No one these days pays cash deal. When I said that to the owner thinking he is goin to jump on that but he said it makes no difference if I pay it or my bank does; its the same price. I told him banks these day are not going to do boat loans as easy as they used to be. He said not exactly, they still do. I dont know what to do. Im getting stone walled, seems like im goin to take your advice and bring some ads ive seen and ask nicley what he has too say. $ 35,000CDN is alot for a summer toy.

craigm1841

cash is a quick and good incentive so it seems. the buyer thinks it gives them more power. the guy/dealership with the boat is getting his money either way, and when he checks his bank account balance, it is gonna look the same whether you paid him in dollar bills or a check.

what will look different is the amount in his bank account if he comes down futher in price.

craigm1841

actually, the fact that you are paying cash gives you less buying power. um... i dont feel bad for you if you have 35K cash to blow on a boat. it is the people struggling that get prices to move.

EDIT: i shouldnt say less buying power, you have more flexibility, however, from a sellers standpoint, he doesnt need to budge in price, you'll buy it.

NextLevel530xi

Mines a convertible biatch...

-Mike-

What if he's using a HELOC? Rates for those right now are at 2-3%, which would still make it a cash transaction. Give the guy a break! Although, the youtube reference was hysterical.