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Post by madm002 on Jun 7, 2024 7:11:11 GMT -5
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Post by illinoisfisherman on Jun 7, 2024 7:14:49 GMT -5
Pretty much for all luxury items
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Post by luapnor on Jun 7, 2024 7:21:52 GMT -5
Not airplanes just yet. Mine has tripled in value since I bought it, but likely will be falling in value soon.
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Post by olmucky on Jun 7, 2024 7:24:27 GMT -5
I don’t believe the article (especially after reading the experts on here). With everyone doing so well financially right now why are people dumping their toys?
Something is amidst.
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Post by mapper on Jun 7, 2024 8:06:44 GMT -5
Well, with the increase in prices on new toys, then the supply issues during pandemic, the used market overtook the new market due to demand. 3 yr old boats were selling for new or more than new prices, new vehicles shady dealers were charging thousands of $$$$$ more than retail for market afjustments..used was going for more than new price..
Now that supply has caught up, the demand has waned.. but the big pandemic price jumps haven't gone down.. so no I feel no sorrow for the we are not making profits on things..
I was fortunate to got my toys for a good deal before it went nuts..and enjoy them..
But I'm realistic to know that they depreciate fast..someone else took that hit.
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Post by cyclist on Jun 7, 2024 8:55:09 GMT -5
I don’t believe the article (especially after reading the experts on here). With everyone doing so well financially right now why are people dumping their toys? Something is amidst. Going back to same ole. The bicycle business went nuts during covid causing manufacturers to ramp up and now there is a glut of prducts and bike shops are hurting. Many folks have gone back to the pre covid non cycling routines. |
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Post by ferris1248 on Jun 7, 2024 9:18:48 GMT -5
Well, with the increase in prices on new toys, then the supply issues during pandemic, the used market overtook the new market due to demand. 3 yr old boats were selling for new or more than new prices, new vehicles shady dealers were charging thousands of $$$$$ more than retail for market afjustments..used was going for more than new price.. Now that supply has caught up, the demand has waned.. but the big pandemic price jumps haven't gone down.. so no I feel no sorrow for the we are not making profits on things.. I was fortunate to got my toys for a good deal before it went nuts..and enjoy them.. But I'm realistic to know that they depreciate fast..someone else took that hit. Good explanation. It all eventually comes back to supply and demand. Prices will adjust as units sit on lots. |
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Post by Mango Man on Jun 8, 2024 12:20:19 GMT -5
Hopefully, because todays pricing is still nuts.
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Post by PolarsStepdad on Jun 8, 2024 12:47:40 GMT -5
Trucks and boats are so inflated it's ridiculous. It's gonna really hurt some folks when they have to dump them. And the some folks are gonna catch falling knives. Market is still retarded though it's not as bad as it was a year or so ago
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Post by misterjr on Jun 8, 2024 12:53:36 GMT -5
I don't want another boat and never wanted an RV.
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Post by PolarsStepdad on Jun 8, 2024 13:08:50 GMT -5
I just want a pair of well cared for 150 or 200s for muh both.
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Post by PolarsStepdad on Jun 8, 2024 13:09:17 GMT -5
I just want a pair of well cared for 150 or 200s for muh bote. With preferable low hours |
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Post by cadman on Jun 8, 2024 13:22:47 GMT -5
I don't want another boat and never wanted an RV. I have thought about an RV several times. Small 16 to 18 foot trailer to pull behind the truck. Never convinced myself to buy one. Thought it would be nice for staying in for a night or two headed to a VRBO instead of a hotel. |
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Post by nikonoclast on Jun 8, 2024 13:32:03 GMT -5
Many of the collectables that went nuts during Covid are making a hard landing.
Vintage guitars and amps make good music, and weren't intended to be "investments".
( A major music retailer, "Sam Ash", has begun to close down after decades of business. )
The RV business doesn't deserve much sympathy, it's been its' own worst enemy.
Having 3rd world "build quality" is a given, in fact, it's the industry standard.
In addition to "monthly payment" gyrations, the price of fuel does the same.
Some seniors are considering a big new tent and "glamping" as an alternative.
Some are saying "screw it" and booking a week or two at Margaritaville.
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Post by mackeralsnatcher on Jun 8, 2024 13:58:30 GMT -5
I don't want another boat and never wanted an RV. I have thought about an RV several times. Small 16 to 18 foot trailer to pull behind the truck. Never convinced myself to buy one. Thought it would be nice for staying in for a night or two headed to a VRBO instead of a hotel. My son and DIL has an RV and love it. my wife is trying REAL HARD to convince me to buy one. So far i've been able to stand my ground.
I want absolutely nothing to do with an RV.
Don't want to drive one, don't want to have to maintain one, don't want to have to do all the hook up and un hook up shit.(not to mention disposing of the shit)
Basically, I'm to old for that stuff.
My idea of "roughing it" is a hotel that doesn't have valet parking.
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