Lots of Ranger Tugs Coming on the Market

cruz-in

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Jun 19, 2016
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Fluid Motion Model
C-24 C
Non-Fluid Motion Model
18 foot cubby cabing Catboat
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Auuumn Wind
Good Morning All,

Having spent the last 6 months finding our Ranger Tug, I would check Boat Trader daily. Boat Trader typically would have 4 or so pages of Tugs for sale. For interest, I checked last night and there were 10 pages of RTs for sale. Also the prices seem to be coming down. Albeit just a bit.

Just an observation.

T
 
Like residential real estate it’s my observation that listings and sales follow a seasonal pattern. Lots of listings in the late summer and early fall. Lots of sales in the spring and early summer.
Best time to buy from a seasonal pricing standpoint is in the fall when sellers are anxious to sell before winter sets in. Best time to list is mid-spring when people want to have a new boat for the upcoming season.
 
Coincidental posting.....we just posted our 2020 R-29 CB (Puffin) on Boat Trader as well as on the Ranger Tugs for Sale Tugnuts Forum yesterday.

Marc
Port Ludlow, WA
 
I agree with glider4's previous post in that the Fall season always has lots of boats for sale for the reasons he has stated. However keep in mind that many people who would ordinarily not be into boating purchased boats and RVs as a knee-jerk reaction during the Covid-19 pandemic. Although not all, many of these people now realize that boating is not for them. For many it is just too expensive. For some, they now realize that it is not as easy as they expected to safely operate a boat in coastal waters as well as lakes and rivers. Head out on any sunny weekend and you will find that it is a melee on the water with owners who have never even taken a safe boating course. Many of them refuse to do the constant maintenance of washing and scrubbing the boat, polishing and waxing the topsides and hull, as well as the upkeep of the motor, water system, sanitation system, etc. The result has been somewhat of an exodus from boating. This is not only my observation from what I see from the marinas here in the northeast, but also from talking with marine repair facilities and brokers.

As an aside, not every boat that is put up for sale is indicative of an owner getting out of boating. Some owners are looking to move up. I recently attended the Northeast Ranger Tug Rendezvous in Milford Connecticut. About 15-20 Ranger Tugs were there. My 2021 R-31 CB 'JACKPOT II' was present and my wife Kara and I had numerous people come aboard to check her out. There were a handful of owners of various other Ranger Tugs that were very serious about moving up in size. Some who owned an R23, were very interested in moving up to an R25 or R27. The same held true for owners of the larger tugs that wanted to upgrade to an R-31. This is the natural progression of boating that is true to most brands and not exclusive to Ranger Tugs.
 
One of the Brokers we dealt with (a grreat guy, wish he had a boat we were interested in) told us they expect a flood of Pandemic boats starting this fall. The thought was folks brought them during the pandemic. When they had no other significant entertainment expense. Now that they can spend money on travel, eating out, etc. it was his belief they would realize they don't
1) have time for the boat
2) wish to pay the maintenance ($s and physical labor)
and will be parting with thier boats.
 
Some of it, too, is just the time of year ... summer over ... kids heading back to school ... people will not usually sell boats in summer if they think they can get out .... kids start back to school, boating opportunities decline .... GREAT time to BUY a boat ... not greatest time to sell one (I just sold the other one and it was on market 2 months). So do not dispair or think something hinky going on ... just people living their lives. A fantasy is "Kids are GONE ... let's buy a boat and have our own lives! :lol: ..... Shifted from sellers market to buyers market ....
 
+1 to all the above. I'll also add that boat factories are catching up somewhat to the COVID demand, and supply chain delays are largely over, so the supply is increasing and also people's "upgrade" boats are being delivered.
 
It is definitely a buyers market on the Eastern Shore of Maryland, especially outboard Tugs & Cuts. Have not seen as many boats on the local dealer lot for years, has been that way all summer.
 
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