Dealer Discounts off MSRP

[Johnny_Rock]

What is the curent situation with discounts? Contemplating upgrading from a 2016 G23 to a 2021. Anyone care to offer the % discount they received on a new G23?

[Tallredrider]

Please do a search. It will vary from dealer to dealer. Given the current economic environment, I would expect less of a discount, but talking to your dealer is the best place to start.

[Johnny_Rock]

Please do a search. It will vary from dealer to dealer. Given the current economic environment, I would expect less of a discount, but talking to your dealer is the best place to start.

Thanks for the suggestion. I did a search on here before I started this new thread--clicked a few pages into the results and did not see anything up-to-date. (Forgive me if I missed something.)

I do have a price from one local dealer on a boat he has in stock, so I guess I can figure out that guy's starting point.

Am just curious to see what others are experiencing on 2021 G23s if such a discussion is allowed here on PN.

[Mr DW]

I think a good/typical discount is 15-20% off with the nautiques.

[FOB1SAN]

I really doubt you get 15-20% off a 21. It ain’t an Axis.

[JBell]

I really doubt you get 15-20% off a 21. It ain’t an Axis.

Yes you can. That’s right where I was on my 2021.

[revolve77]

It definitely varies by region however I was able to grab 25% off on one.

[Johnny_Rock]

It definitely varies by region however I was able to grab 25% off on one.

You got 25% off of MSPR on a 2021 G23?

[revolve77]

You got 25% off of MSPR on a 2021 G23?

Yes sir we were able to snag us a great deal.

[Johnny_Rock]

Good on you!

[simplysanj]

I think there's a good possibility that it will be a buyers market soon. Although Correct Craft is owned by a private equity company and doesn't publish their financials, Mastercraft is publicly listed and their recent quarter was beyond ugly,

Net sales for the fourth quarter decreased to $51.1 million, down 58.4 percent from $122.8 million in the prior-year period.

MCFT 18.12 -4.34 (-19.32%)
At close: September 9 4:00PM EDT

YIKES!!

https://finance.yahoo.com/news/maste...113000957.html

[mulde35d]

On my 2020 G23 I was at 24.6% off MSRP when ordered new from the factory to my specs. Not a 2021, but I have always had the philosophy that boats are purchased at 20-25% off MSRP, depreciate another 10% the first year and 5% each year thereafter. That philosophy always needs to be adjusted based on the level of care a boat received when buying used. But to date it has served me well in regards to buying and selling. But as mentioned, each region is a bit different based on supply and demand. I don't see why 2021 would be any different.

[astilley]

On my 2020 G23 I was at 24.6% off MSRP when ordered new from the factory to my specs. Not a 2021, but I have always had the philosophy that boats are purchased at 20-25% off MSRP, depreciate another 10% the first year and 5% each year thereafter. That philosophy always needs to be adjusted based on the level of care a boat received when buying used. But to date it has served me well in regards to buying and selling. But as mentioned, each region is a bit different based on supply and demand. I don't see why 2021 would be any different.

Wow that is a great deal!!!

[mulde35d]

Wow that is a great deal!!!

Keep in mind that is before taxes, registration, trailer, etc.

Also, I was mistaken, I just checked my invoice and it wasn't 24.6%, it was 25.32%.

[Wayward]

I think there's a good possibility that it will be a buyers market soon. Although Correct Craft is owned by a private equity company and doesn't publish their financials, Mastercraft is publicly listed and their recent quarter was beyond ugly,



MCFT 18.12 -4.34 (-19.32%)
At close: September 9 4:00PM EDT

YIKES!!

https://finance.yahoo.com/news/maste...113000957.html

That's what happens when you have to shut down the factory for two months...…. I'm guessing Nautiques numbers were similarly impacted for that quarter.

It certainly wasn't for lack of dealers selling units. A large portion of dealers have 0 boats, and the rest have inventory levels below 25% of normal. MC Production is sold out for all of 2021MY already, and I wouldn't be surprised if Nautique is in the same boat. Likely the only available slots, are the ones dealers have for stock-order units, and can use them for special orders. Dealer inventory is likely to remain VERY low for the next 6-12 months while the factories catch up.