View Full Version : 09' price increase %
Tanner
06-26-2008, 09:51 PM
K guys since you guys were asking, the pricing has increased by almost exactly 9%.
Of course, we still haven't got my stupid 09' built and totally priced out yet... but that's what my dealer has said he's seeing.
talltigeguy
06-26-2008, 10:16 PM
SInce I am kind of stupid....that means that a boat that was 60K in 08, is now 65.4K in 09?
OUCH!
Every single thing a person buys from food to gas to boats has gone up in price, except for pay.
mt1415 said that he already order his 2009 22Ve and it will be there in 2 weeks.
http://www.tigeowners.com/forum/showthread.php?t=7257
Tanner
06-26-2008, 10:31 PM
mt1415 said that he already order his 2009 22Ve and it will be there in 2 weeks.
http://www.tigeowners.com/forum/showthread.php?t=7257
Yep already saw that. That's not the hold up on mine. Of course part of the 9% increase is also including the alpha Z tower and not the old tower like he's ordering.
I won't be able to give you an exact comparison to my 08' we had priced out 3 weeks ago as I'm trying to make the dealer work with me since I held off for the 09' as per my choice and his urging.
turbonine
06-26-2008, 10:32 PM
I don't see how boats can keep going up 5-10% every year. At this pace prices will be twice as much in 2017. Imagine paying $110,000 for a decent wakeboard boat. I don't see it happening. As for the auto industry, they aren't having any significant price increases going into 09, but will be offering more standard features like TPMS.
I am ok with these price increases because I am not in the market for a new boat and I think it helps hold the value of my 2007 but I think overall it hurts the industry more than it helps.
K guys since you guys were asking, the pricing has increased by almost exactly 9%.
Of course, we still haven't got my stupid 09' built and totally priced out yet... but that's what my dealer has said he's seeing.
The way the economy is going, that is going to be tough!
KonaKing
06-26-2008, 10:40 PM
Ya with housing prices across the country down an average of 15% and mortgage apps down I see boat/rv sales following the trend
Tanner
06-26-2008, 10:42 PM
I will say this... I don't know what industry you guys are in and how much access you have to rising costs of materials, but Tige is eating some of the increase if 9% is all they are going up. Resin's, fiberglass, wiring, all have skyyyyyyyy rocketed! Wiring alone has gone up nearly 300% in less than a year. Then there's the cost of aluminum (tower). The cost of materials for the towers alone will cost about $500-$800 more than last year. Then you figure in the price increase of going to PCM from Marine Power.
KonaKing
06-26-2008, 10:44 PM
I will say this... I don't know what industry you guys are in and how much access you have to rising costs of materials, but Tige is eating some of the increase if 9% is all they are going up. Resin's, fiberglass, wiring, all have skyyyyyyyy rocketed! Wiring alone has gone up nearly 300% in less than a year. Then there's the cost of aluminum (tower). The cost of materials for the towers alone will cost about $500-$800 more than last year. Then you figure in the price increase of going to PCM from Marine Power.
I hear that copper is through the roof.:eek: :eek:
KonaKing
06-26-2008, 10:45 PM
Then you figure in the price increase of going to PCM from Marine Power.
Dont open that can or worms :D
Que the MP guys :D :rolleyes:
FacePlant
06-26-2008, 10:46 PM
If anybody pays MSRP or even close for one of these boats, I feel horrible for them. Boat dealers will have to wheel and deal more than SUV dealers at this point just to make a sale. If people can't afford their HOUSES, they won't be in the market for a 60k+ BOAT.
Tanner
06-26-2008, 10:47 PM
Ya with housing prices across the country down an average of 15% and mortgage apps down I see boat/rv sales following the trend
I would have said that, but apparently boat sales through the dealers are stronger this year than at the same time last year (heard this through 4 different dealers). But January through May was VERY slow. So things should equal out.
My new home sales are double what they were this time last year.
One thing on boats is you will see less of the young kids with boats. As financing has tightened MAJORLY! So this could have an effect on inboard sales. Not really sure how much of the market these kids make up.
KonaKing
06-26-2008, 10:53 PM
One thing on boats is you will see less of the young kids with boats. As financing has tightened MAJORLY! So this could have an effect on inboard sales. Not really sure how much of the market these kids make up.
Out here it is a lot. Esp MC with there 20yr financing
KonaKing
06-26-2008, 10:54 PM
I would have said that, but apparently boat sales through the dealers are stronger this year than at the same time last year (heard this through 4 different dealers). But January through May was VERY slow. So things should equal out.
My new home sales are double what they were this time last year.
To bad thats not the way it is everywhere
I would have said that, but apparently boat sales through the dealers are stronger this year than at the same time last year (heard this through 4 different dealers). But January through May was VERY slow. So things should equal out.
My new home sales are double what they were this time last year.
One thing on boats is you will see less of the young kids with boats. As financing has tightened MAJORLY! So this could have an effect on inboard sales. Not really sure how much of the market these kids make up.
I heard that they are selling new boats just the same as last year....
New used boat market has gone down almost to a halt! People are getting sweet deals on new boats.
KonaKing
06-26-2008, 11:01 PM
I wish I could have sold mine
mtnsmith
06-27-2008, 01:44 AM
What do you consider "kid"? I was just wondering age wise?
Considering the cost of raw materials I agree, 9% isn't that bad.
Tanner
06-27-2008, 02:42 AM
What do you consider "kid"? I was just wondering age wise?
Considering the cost of raw materials I agree, 9% isn't that bad.
I should have said you will see less "kids" w/ brand spankin new boats. I would say the 16 y/o to 20 y/o would qualify as the "kid" I'm talking about. There are 21 y/o's that are starting off right out of college w/ some very high paying jobs, that will qualify.
But once again, it all depends on your debt to income ratio. Of course, if your 16-20 w/ a 50K plus boat, you've either busted your balls working in; more than likely either construction or mowing alot of lawns. In that case I commend you, as I've been there and feel for you. Or mom and dad bought it (I.E. alot of WW'ers)
da.bell
06-27-2008, 04:46 AM
Well, I am not surprised at the increase but it would be nice for Tige to step up to the plate and let everyone know the cost. But again, everything with Tige is a big secret.
Tall, you can buy my 24Ve still. :D It didn't go up 9% last year. :02: ;)
Guest
06-27-2008, 08:19 AM
A 9% increase will be tough for a lot of people depending on what part of the country the are in and how well their company is doing if self employed or employed by a company.
Unfortunately for me we just froze raises until 2010. At the end of the first qtr we were 40% ahead of the expected bottom line so I decided to replace an Expedition I bought in 02 because we rolled up too many miles on it and I did not want to loose all of its value. Even though I got a loaded Tahoe for 18K less than sticker it turns out that it was a big oops.
We have large National builders delaying ground breaking on new subdivisions because sales are so slow. Now we see promotions like $70k in options and a $10k vacation as incentives. Unfortunately a lot of young couples overspent and went with 5 year arms or interest only loans that are rolling over and they just can't afford them. In my neighborhodd of 116 homes we have about 35 for sale right now. The market is tough around here.
As you all know this will dramatically affect discretionary spending.
Tige had a choice in 09 with some aspects of their price increase. PCM vs. Marine Power, New tower and tooling and line changes related to it are just a couple that they choose to do to improve the line and gain market share. Other items like fiberglass, wire, vinyl, carpeting and any derivative from a petroleum base has gone way up so IMO 9% is not totally unreasonable.
In the Midwest used boats are selling but way below dealers asking price. As an example the FourWinns I Traded in last November finally sold in May.They sold it for less than they gave me on trade and it was in immaculate condition. The new owner has called me to find out how I cleaned it etc. It certainly did not loo like a 1994 boat.
My dealer has 7 Tiges on the lot and 4 are 2007's and rest are 2008's as of today. Late last week the site showed over a dozen Tiges so they are moving some boats. They are in an area where there is no Tige competition and mainly MC in the other inboards. Their major market is Southern Wisconsin lake property owners as well as Northern IL lake property owners so their prospects tend to be less concerned by pricing and 9% won't really affect them too much. Here is what the have now in inventory.
2007 20i Frost, Black & Graphite 5.7 L MPI GM Vortec Direct Drive (340 h.p.) $46,279
2008 Z1 Frost and Black 5.7 L MPI GM Vortec V-Drive (320 h.p.) $50,722
2007 22 Ve Frost and Pacific Blue 5.7 L MPI GM Vortec V-Drive (340 h.p.) $70,745
2007 22 Vé Frost, Red and Graphite 5.7 L MPI GM Vortec V-Drive (340 h.p.) $76,281
2007 RZ 2 Red and Graphite 5.7 L MPI GM Vortec V-Drive (340 h.p.) $86,225
2008 24 Vé Frost and Navy Blue 5.7 L MPI GM Vortec V-Drive (340 h.p.) $68,979
2008 RZ 4 Frost and Black 5.7 L MPI GM Vortec V-Drive (360 h.p.) $80,538
Between Tige, Azure, and Chaparral they have at least 30 boats in inventory with mostly 08's for Azure and Chaparral.
The prices are supposedly msrp but I don't think in the boat industry that a true MSRP exists. It is what the dealer wants to show so they show high MSRP and give discount from there and the buyer if they get a deep percentage of the dealers calculated MSRP feels that they got a good deal.
Last year on my 07 20V they showed a 57K MSRP without trailer. On the same boat with different color a Tige dealer in Northern Indianna had a 60K msrp on same boat also w/o trailer. It is all about playing with the numbers to make the buyer think they got a good deal.
chpthril
06-27-2008, 11:17 AM
I don't see how boats can keep going up 5-10% every year. At this pace prices will be twice as much in 2017. Imagine paying $110,000 for a decent wakeboard boat. I don't see it happening. As for the auto industry, they aren't having any significant price increases going into 09, but will be offering more standard features like TPMS.
I am ok with these price increases because I am not in the market for a new boat and I think it helps hold the value of my 2007 but I think overall it hurts the industry more than it helps.
Everything on a boat is from man-made materials except the engine/drive-train. If it's a non-natural resource, it's made from petroleum.
Glass, resin, vinyl, polyester, etc........all these materials have gone up big time. Heck, copper is through the roof, about once a week we here about a church or something have there A/C unit ripped off by thieves just for the copper and other.
Look what the price of groceries have done over the last year. We can eat out for the same price as it cost to buy from the grocery store and cook at home, and someone else cleans up and does the dishes.
Matt Garcia
06-27-2008, 12:40 PM
We can eat out for the same price as it cost to buy from the grocery store and cook at home, and someone else cleans up and does the dishes.
I am telling my wife that the next time we have dinner, lol! :)
Also $86,225 for an 07 RZ2, that seems ridiculously high?
da.bell
06-27-2008, 12:57 PM
I am telling my wife that the next time we have dinner, lol! :)
Also $86,225 for an 07 RZ2, that seems ridiculously high?
That is very, very high for an RZ2 of that year also. Could be MSRP though. :02:
Guest
06-27-2008, 01:32 PM
I am telling my wife that the next time we have dinner, lol! :)
Also $86,225 for an 07 RZ2, that seems ridiculously high?
That is very, very high for an RZ2 of that year also. Could be MSRP though. :02:
da.bell you win the cupie doll. I stated in my post that those where my dealers MSRP numbers.
From my post:
"The prices are supposedly msrp but I don't think in the boat industry that a true MSRP exists. It is what the dealer wants to show so they show high MSRP and give discount from there and the buyer if they get a deep percentage of the dealers calculated MSRP feels that they got a good deal."
da.bell
06-27-2008, 01:35 PM
Ops, didn't read beyond the boat's and the prices. :D sry :(
Guest
06-27-2008, 01:39 PM
No biggee. At whatever time I wrote that I was just a rambling on.:rolleyes:
balair
06-27-2008, 02:00 PM
so now are the PCM engines costing more than the MP ones?
Jason B
06-27-2008, 04:47 PM
Actually 9% isn't that bad. Inflation this year is estimated to be abnormally high with some "expert" opinions in double digits. Normal is 4-6% inflation/year. In the long run (the time it takes businesses to adjust fixed costs NOT variable costs) 9% is probably pretty low--everything else is going to go up for Tige ; taxes, wages, medical insurance, unemployment insurance,electricity... everything. At the same time 99% of us will have our salaries adjusted for inflation at around a 2-5% raise (obviously self employed and certain unfortunate individuals won't get a raise per se). If you adjust that 9% increase by your raise then realistically the boat will cost you 4-7% more. IMHO, Tige REALLY stepped it up with these new models. The outward appearance seems to be very high quality, dare I say in the Malibu range? I will gladly pay a small (4-7%) premium to have a MUCH better product.
just my :02:
KonaKing
06-27-2008, 10:40 PM
What do you consider "kid"? I was just wondering age wise?
Considering the cost of raw materials I agree, 9% isn't that bad.
anyone under 30 :D :D :D
yearroundboarder
06-29-2008, 02:40 AM
I can attest to the increasing raw materials cost. Resin suppliers have been implementing price increases almost monthly. To add, marine manufacturers have seen price hikes on gel coat, catalyst, and certainly fiberglass. Globally, glass fibers are in short supply which is further complicated by the close of a large glass supplier in TX and reduced Chinese Glass coming into the states. The foreign exchange rates have made it more profitable for Chinese glass suppliers to ship product elsewhere ~ Europe and the Middle East. This tight supply is expected to continue through the end of the year which will ultimately drive prices up even more. I think 9% is reasonable for Tige' considering the downturn in their production and rising costs.
Many of the large boat builders have already had layoffs and/or closed their plants for weeks on end. Although some dealers have said they are selling the same numbers as last year, production run rates don't indicate the same.
ragboy
06-30-2008, 01:46 AM
In the end, the market is going to set the price, check this out.
http://sacramento.craigslist.org/boa/736122921.html
Under $37k for 20v's.
And this poor guy:
http://sacramento.craigslist.org/boa/734294311.html
da.bell
06-30-2008, 02:56 AM
he he he
That isn't me. :D He probably boat his boat about the same time I did. It was when Kevin was the manager and there were a lot of people that paid a lot for their boats. I don't think he did much to sell boats under MSRP. :02:
Nice guy but definitely a saleman.
talltigeguy
06-30-2008, 03:13 AM
In the end, the market is going to set the price, check this out.
http://sacramento.craigslist.org/boa/736122921.html
Under $37k for 20v's.
And this poor guy:
http://sacramento.craigslist.org/boa/734294311.html
Poor fellow cannot compete with that. He may even still owe that much, if he did not put much down.
It will be very interesting to see what the market does. I think since Tige will decrease the supply of new boats, the demand will stay high and new boat prices are going to stay about the same or still go up. The cheap ones will be the leftovers that dealers ordered, but cannot sell. I think ordering a new one is going to cost as much as it ever has. :02:
da.bell
06-30-2008, 03:15 AM
Poor fellow cannot compete with that. He may even still owe that much, if he did not put much down.
It will be very interesting to see what the market does. I think since Tige will decrease the supply of new boats, the demand will stay high and new boat prices are going to stay about the same or still go up. The cheap ones will be the leftovers that dealers ordered, but cannot sell. I think ordering a new one is going to cost as much as it ever has. :02:
Let's hope so. I don't want to take a bigger hit on my 24Ve that I am already. :(
Jason B
06-30-2008, 01:53 PM
In the end, the market is going to set the price, check this out.
http://sacramento.craigslist.org/boa/736122921.html
Under $37k for 20v's.
And this poor guy:
http://sacramento.craigslist.org/boa/734294311.html
That sounds too good to be true. That's CHEAP!!
Guest
06-30-2008, 03:32 PM
Do those prices include Tandem Axle Disc Brake Trailers or are they boat only?
mtnsmith
06-30-2008, 03:41 PM
the ad and their website say trailer included for that price
Guest
06-30-2008, 03:42 PM
Thank you so kindly.
I looked for trailer and missed it
Tanner
06-30-2008, 10:41 PM
Wow, these guys are crushing the boat used boat market.
I'm seeing guys that dropping their boats 10K less than market value. This is rediculous.
ragboy
06-30-2008, 11:46 PM
Its not their fault, its the market. Boats left over without buyers.
Guest
07-01-2008, 12:49 AM
Well it is not helping me. I got great numbers last fall as compared to other dealers at that time but the 07's that they are unloading at $36k w/Trailers is one heck of a kick in the rear. Of course that is not in this area but it has to hit soon if Tige pushes boats out to the midwest dealers.
The dealer I bought from has 4 07's in stock still and 4 08's.
da.bell
07-01-2008, 02:31 AM
The economy is terrible. We can admit that and I have come to the conclusion that I am not going to sell my boat this year. So, I will own two boats for the next year. But, the 24Ve is not wanting to sit here for sure. ;)
ragboy
07-01-2008, 02:59 AM
You know, its funny, from all the people I talk to and the more I see, its more that people aren't spending, cause they are AFRAID of the economy taking a dump, but it hasn't dumped yet. With gas, housing, credit, and elections, no one wants to take any chances.
da.bell
07-01-2008, 03:00 AM
You know, its funny, from all the people I talk to and the more I see, its more that people aren't spending, cause they are AFRAID of the economy taking a dump, but it hasn't dumped yet. With gas, housing, credit, and elections, no one wants to take any chances.
You are totally correct ragboy.
Carter13
07-01-2008, 03:35 AM
We are definately into the start of a recession. With the price of gas to hit $5.00 by Labor day you can bet we will be into it even deeper. Can you say the phrase "Going Up." I can hardly wait to pay $5.50 for diesel. It will be interesting to see how far food prices spike up.
Guest
07-01-2008, 04:57 AM
The economy is terrible. We can admit that and I have come to the conclusion that I am not going to sell my boat this year. So, I will own two boats for the next year. But, the 24Ve is not wanting to sit here for sure. ;)
So do you have room under your carport for both boats? You might as well use the 24Ve once in a while whike waiting for a lead. Heck have someone make you a "for sale" flag to fly off the tower:D Some one might spot on the lake or river and bite on it. Ya never know.
da.bell
07-01-2008, 05:00 AM
It will fit for sure but not the ideal place... I would rather the dealer keep it on their lot. They will as long as I am selling it... They did agree with that one.. Wonder if I can have them pull the boat into the warehouse...
dogbert
07-01-2008, 05:04 AM
Just saw an interesting story on ABC Nightly News about how the price of diesel is less than half of what it is here in the states down in Mexico...just across the border. People are putting mods on their trucks to add extra fuel capacity so they can fill up less.
So, I think we're getting hosed. :bs:
da.bell
07-01-2008, 05:09 AM
Just saw an interesting story on ABC Nightly News about how the price of diesel is less than half of what it is here in the states down in Mexico...just across the border. People are putting mods on their trucks to add extra fuel capacity so they can fill up less.
So, I think we're getting hosed. :bs:
You think???????? :mad:
Guest
07-01-2008, 05:24 AM
You think???????? :mad:
No Swinging Eagle Sh.t we are.
By our Gov, our GreenPeace people and the environmental people. From what I have read we have untapped energy sources and other fuel alternatives that they just don't put online.
E85 fuel can only be found at 4 locations within 25 miles from my home. It is just sad. Paying them not to farm and we have an alternative from crops that could be grown.
da.bell
07-01-2008, 12:49 PM
No Swinging Eagle Sh.t we are.
By our Gov, our GreenPeace people and the environmental people. From what I have read we have untapped energy sources and other fuel alternatives that they just don't put online.
E85 fuel can only be found at 4 locations within 25 miles from my home. It is just sad. Paying them not to farm and we have an alternative from crops that could be grown.
Yes but the price of farming goes up also. Those costs are relayed to increase in food costs... Then we take in in the arse. :(
Guest
07-01-2008, 02:44 PM
Hate to burst your bubble but food prices are already on the way up.
da.bell
07-01-2008, 03:27 PM
Hate to burst your bubble but food prices are already on the way up.
Yes and they are heading higher by the moment. :(
spharis
07-01-2008, 03:30 PM
I hope the feds raise the interest rate by a full point at the next meeting. That will hurt short term, but within 2 weeks things would get way better as the dollar begins to strengthen again. Lowering the rate has really screwed the people. It was a bank bailout IMO.
1Lab Trainer
E85 has a much lower BTU content and therefore you need to consume a lot more to do the same amount of work. You can't run the boat on E85 anyways and if you read the "Manual" you really should not be running any alcohol type fuel at all. Tige has never, at least not to my knowledge, come out and said its o.k. to run the present blend of ethanol (E10) in the boats.
Guest
07-01-2008, 06:24 PM
1Lab Trainer
E85 has a much lower BTU content and therefore you need to consume a lot more to do the same amount of work. You can't run the boat on E85 anyways and if you read the "Manual" you really should not be running any alcohol type fuel at all. Tige has never, at least not to my knowledge, come out and said its o.k. to run the present blend of ethanol (E10) in the boats.
Somehow signals got crossed. E85 was only for my Tahoe not the boat. Towing the boat with it i lost 1-2 MPG. At $1.00 a gallon less cost I can live with the need to burn more E85
ragboy
07-01-2008, 06:26 PM
y, I have read alot about how ethanol is NOT the clean fuel people think it is.
dogbert
07-01-2008, 07:04 PM
By our Gov, our GreenPeace people and the environmental people. From what I have read we have untapped energy sources and other fuel alternatives that they just don't put online.
We can thank our congressional legislators for that and Bill Clinton. Makes me wonder what he was smoking. Let's see now, we have an ever expanding economy and a dependency on foreign oil. If we limit domestic production, we can make the environment better. Kinda reminds me of a Robin Williams skit where he asks what a certain deity was smoking when he created the platypus. :rolleyes:
It's a good thing Al Gore didn't really invent the internet because it would be backwards, too. :eek:
balair
07-01-2008, 07:21 PM
I hope the feds raise the interest rate by a full point at the next meeting. That will hurt short term, but within 2 weeks things would get way better as the dollar begins to strengthen again. Lowering the rate has really screwed the people. It was a bank bailout IMO.
yeah my boss...a bank CEO...said that the fed is predicting about 200 banks to fold by the end of the year. There hasn't been a single one in quite a few years and there are 20 so far this year. banks folding up isn't good for the people either.
Carter13
04-09-2010, 10:47 PM
2nd resurrection.
thtrog
04-09-2010, 11:08 PM
2nd resurrection.
Why? :confused:
Carter13
04-10-2010, 01:08 AM
Why? :confused:
Because of what balair said his boss said about the fed predicting 200 banks failing by the year end. I found it amazing that the government finally got something right for a change.
thtrog
04-10-2010, 01:14 AM
Because of what balair said his boss said about the fed predicting 200 banks failing by the year end. I found it amazing that the government finally got something right for a change.
I see.....from the original thread I was assuming that everyone expects boat prices to increase again this year.
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