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Old 08-31-2020, 11:51 AM   #1
JohnMckroidJr
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Or what if people don't go back to work, at some point, there are going to be some fire-sale bargains if this COVID situation does not change.
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Old 08-31-2020, 07:13 PM   #2
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Looking at it with optimism... hopefully the industry sees residuals from this year's sales. Sports and entertainment drama have turned off a lot of people and they have seeked other ways to "get away from it all". Have met a lot more first timers than usual. Money saved on season tickets and netflix subscriptions to pour into tackle and GoPros. But maybe I could be wrong and I'll finally afford to join the darkside .
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Old 09-02-2020, 06:25 AM   #3
DanaPT
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Originally Posted by JohnMckroidJr View Post
Or what if people don't go back to work, at some point, there are going to be some fire-sale bargains if this COVID situation does not change.
Maybe or not...no rent no mortgages, extend and pretend with more bailouts. May want to stock up on hobies, as the prices are likely to go through the roof, while dollars value drops?
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Old 09-02-2020, 12:06 PM   #4
JohnMckroidJr
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Maybe or not...no rent no mortgages, extend and pretend with more bailouts. May want to stock up on hobies, as the prices are likely to go through the roof, while dollars value drops?
LOL, the extend and pretend is going to crumble sooner or later, but yes, all the printed bailout money = inflation. I would expect everything new to cost more next year. However for used, It is always a tough resell to expect a nearly new price.
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Old 09-02-2020, 02:31 PM   #5
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If your friend NEEDS to get on the water ASAP(which I totally get), maybe recommend buying a cheaper used setup, knowing that within a year or so he'll be upgrading. He can spread out his purchases of add-ons and other things to swap over when he jumps into a new rig. That'll will soften the blow to the wallet a bit when he doesn't have to buy all the additional stuff like fish finder, rod holders, and other tchotchkes all at once. Just a suggestion! The other option: get what he really wants up front! "Buy once, cry once!" Getting new from a place like OEX comes with other benefits too. I don't want to speak for them, but when I got my kayak from them, they gave really good discounts on future purchases of extras like PFD, attachments, livewell, etc. That plus their service is enough for me to lean towards new, especially given the relatively slim price differences.
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Old 09-03-2020, 06:38 PM   #6
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If your friend NEEDS to get on the water ASAP(which I totally get), maybe recommend buying a cheaper used setup, knowing that within a year or so he'll be upgrading. He can spread out his purchases of add-ons and other things to swap over when he jumps into a new rig. That'll will soften the blow to the wallet a bit when he doesn't have to buy all the additional stuff like fish finder, rod holders, and other tchotchkes all at once. Just a suggestion! The other option: get what he really wants up front! "Buy once, cry once!" Getting new from a place like OEX comes with other benefits too. I don't want to speak for them, but when I got my kayak from them, they gave really good discounts on future purchases of extras like PFD, attachments, livewell, etc. That plus their service is enough for me to lean towards new, especially given the relatively slim price differences.
Thanks. That's great advice. I'll pass it on.
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