Price of new Pantera in 04/05

Thats a good analogy and yes they were from the mid $20s to mid $30s back then, all depending on how you load them. We do think the market is extremely hot right now and used boats have had a higher resale value since 2009 and the economy slipup. The future is still unknown with political direction obviously having a huge impact on financial markets.

I believe new prices have to cap/top out at some point and I sort of think we are are that point. Used prices have went up because of this but I do think with the higher cost of new over the last 2-3 years we will actually have a bit higher depreciation than what we have seen in the past. For example, a new 20 premium boat that may cost 65-70k is bringing mid-high 50s 1 year later, 2-3 years later its in the mid to high 40s. Within the first 3 years you can lose 20k. I find that these numbers start to flatten out after about year 3 and the loss in not nearly as high. Lets not forgot that the Erya and Cougar SP models with 225s were being sold at 44k only a few years ago!I do feel that the sub 20 foot boats hold value better for the money spent up front. The new Classic that may sell for mid 40s new will still be worth 30k +/- for a long time.