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Sled prices falling large ?


528rick

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27 minutes ago, RAMSOMAIR said:

Trump will fix it!!! Bahahahaha

Lol, time will tell for sure

What we do know is he didn't cause it though!

 

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The market is crap.     That being said, I just sold my 23 Backcountry 850 XRS in 2 days of posting it.  It was priced very aggressively IMO ($13995) but it was a 9/10 sled.    

 

Sleds are only dropping in value right now.    My dealer has allotted $100K to unload used sleds in stock at a loss.  

 

Honestly, I dont even think if we got 2 feet of snow on the ground next week it would change a lot.   Money is just really tight out there and a powersports vehicle is a discretionary purchase for 90% of the people out there.  No one needs a sled or an atv.   

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On 11/14/2024 at 6:44 AM, Strong Farmer said:

Hopefully not!  If it's going to 2, it's going to zero eventually.
 Like I said snowmobile industry will be like seeing a unicorn by 2100. Falls are getting warmer no doubt. We haven't even had a consistent cold weather yet. 

What is being missed here is that both Skidoo and Polaris did the same thing earlier this year without the fanfare. From what I have read on other sites is that this is very common every year as production shifts from one product line to another. The whole industry is slow, so everyone is in the same boat, not just Cat.

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47 minutes ago, Redfire427 said:

What is being missed here is that both Skidoo and Polaris did the same thing earlier this year without the fanfare. From what I have read on other sites is that this is very common every year as production shifts from one product line to another. The whole industry is slow, so everyone is in the same boat, not just Cat.

 

Thats what I have been saying as well.     BRP cut a bunch of workers and slashed production.     No one thinks they are going broke?    The only difference is that Cat is basically shuttering all production until sometime Q1. 

 

Cats PR dept should be fired immediately for putting out that Press Release worded the way it was.  

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1 hour ago, Blackstar said:

Been some killer deals

posted lately on Marketplace.

 

 

 

 

 

And the sad part is that they arent selling quickly, if at all.   

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Inflation sucks. Its the worst kind of tax because its the silent killer of business, and personal wealth. When the government is doing great the people are hurting. The Liberals and Dems have a lot to answer for.

 

 Its not just sleds, the boat market which has a greatly expanded season nowadays is also flagging major signs of weakness due to inflation. It aint the weather, its the monetary policy thats killing us all.

 

  Problem is the solve is long, and painful. Ufff why oh why didnt enough people pay attention to all the warnings about Trudeau in 2014? We need a complete about face on all this Liberal/NPD nonsense

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19 minutes ago, crispy said:

Inflation sucks. Its the worst kind of tax because its the silent killer of business, and personal wealth. When the government is doing great the people are hurting. The Liberals and Dems have a lot to answer for.

 

 Its not just sleds, the boat market which has a greatly expanded season nowadays is also flagging major signs of weakness due to inflation. It aint the weather, its the monetary policy thats killing us all.

 

  Problem is the solve is long, and painful. Ufff why oh why didnt enough people pay attention to all the warnings about Trudeau in 2014? We need a complete about face on all this Liberal/NPD nonsense

Because people are not smart enough to understand the consequences of those decisions, and because the majority that did vote for that garbage need the handouts.

 

 

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Natives along North shore of Lake Huron ( actually from Sudbury to Wawa) have all sorts of disposable income when everyone over 18 were each given checks of anywhere between 100 and 200 thousand in Oct 2024. ( treaty payout 10 billion) Heck the car dealers set up new truck models along hwy 17 to entice purchases ( many sold since ! )  I am told ATV sales crazy too . So maybe you south Ont folks should advertise your used sleds in Sudbury, Sault, Manitoulin Media.  Just a thought. 

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39 minutes ago, Panther340 said:

Natives along North shore of Lake Huron ( actually from Sudbury to Wawa) have all sorts of disposable income when everyone over 18 were each given checks of anywhere between 100 and 200 thousand in Oct 2024. ( treaty payout 10 billion) Heck the car dealers set up new truck models along hwy 17 to entice purchases ( many sold since ! )  I am told ATV sales crazy too . So maybe you south Ont folks should advertise your used sleds in Sudbury, Sault, Manitoulin Media.  Just a thought. 

They had all that money spent in 30 days or less.    

 

My BRP dealer sold 8-10 SXS to people on The Rez when those cheques hit the mail box. 

 

 

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21 hours ago, crispy said:

Inflation sucks. Its the worst kind of tax because its the silent killer of business, and personal wealth. When the government is doing great the people are hurting. The Liberals and Dems have a lot to answer for.

 

 Its not just sleds, the boat market which has a greatly expanded season nowadays is also flagging major signs of weakness due to inflation. It aint the weather, its the monetary policy thats killing us all.

 

  Problem is the solve is long, and painful. Ufff why oh why didnt enough people pay attention to all the warnings about Trudeau in 2014? We need a complete about face on all this Liberal/NPD nonsense

Look at cost to fuel a boat now too. Time you tow it, fuel it. It's big bucks for an afternoon too. Only difference is you can take family with one boat, so I say that's not too bad in value either. Cost money to play and create memories. 

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On 11/16/2024 at 9:40 AM, crispy said:

Inflation sucks. Its the worst kind of tax because its the silent killer of business, and personal wealth. When the government is doing great the people are hurting. The Liberals and Dems have a lot to answer for.

 

 Its not just sleds, the boat market which has a greatly expanded season nowadays is also flagging major signs of weakness due to inflation. It aint the weather, its the monetary policy thats killing us all.

 

  Problem is the solve is long, and painful. Ufff why oh why didnt enough people pay attention to all the warnings about Trudeau in 2014? We need a complete about face on all this Liberal/NPD nonsense

Inflation is a “hidden” tax most people don’t think of, and printing money is the root cause of it. Inflation just leads to higher prices and reduced supply of goods. Deflation creates the opposite with low prices and an abundance of goods, but most people are under the illusion deflation is not good for a thriving economy. 
 

Does our monetary system need a complete overhaul? Absolutely.
End the Fed. 

 

If anyone thinks we’re required to pay our taxes to “build the roads” they’re completely delusional. A question to ask ourselves is, if they can just print money anytime they want to pay for this or that, why do we pay taxes at all? 
 

If the dollar isn’t pegged to anything, they can print as much as they want and all it does is create inflation. 

At least when it was backed by gold they were held somewhat accountable.

 

 

 

 

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50 minutes ago, Baylaker said:

Inflation is a “hidden” tax most people don’t think of, and printing money is the root cause of it. Inflation just leads to higher prices and reduced supply of goods. Deflation creates the opposite with low prices and an abundance of goods, but most people are under the illusion deflation is not good for a thriving economy. 
 

Does our monetary system need a complete overhaul? Absolutely.
End the Fed. 

 

If anyone thinks we’re required to pay our taxes to “build the roads” they’re completely delusional. A question to ask ourselves is, if they can just print money anytime they want to pay for this or that, why do we pay taxes at all? 
 

If the dollar isn’t pegged to anything, they can print as much as they want and all it does is create inflation. 

At least when it was backed by gold they were held somewhat accountable.

 

 

 

 

Just wait until dollar hits 50 percent exchange rate. Almost getting to point no one wants it now. Go to Florida and pay 50 percent exchange ekkkeeee. I guess that change minds of some to stay in Canada and take a snowcation! 

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2 hours ago, Strong Farmer said:

Just wait until dollar hits 50 percent exchange rate. Almost getting to point no one wants it now. Go to Florida and pay 50 percent exchange ekkkeeee. I guess that change minds of some to stay in Canada and take a snowcation! 

 

In Ohio next weekend - exchange is not in my favor.

Don't see the same amount of good folks from south of the border enjoying the favorable exchange like you used to either. I assume they have decided if they want to see what the slums of Detroit look like, they'll just go to Detroit.

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3 hours ago, Spiderman said:

Guess they’ll be voting Liberal?

My understanding is the treaties were established a long time ago, maybe liberals in power, not too sure. 
 

I do wonder how often we pay these out though based on these high dollar numbers, I assume it must a big gap between payments, but not sure.  

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37 minutes ago, VicFish said:

So..

 

How 'bout them cheap sleds?

lol, where? Where are they?

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2 hours ago, VicFish said:

So..

 

How 'bout them cheap sleds?

Define “cheap”….lol

 

not in the market so haven’t even wondered, but it was said many a time the dealers and sellers that were benefiting a few years ago would see this in the tbd future. 
Not sure if it’s worse than expected though.

in the back of my mind I’m thinking it would be a great time to upgrade though, but I won’t. 

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What i find odd and surprising is the manufacturers stubborn approach and lack of market innovations. I mentioned the boat market being down as well which it is but look at what these guys are making? I mean a 600hp outboard sure sounds awesome but what size boat does it need to hang on and at what price? How about the fuel consumption I thought the shift to four stroke was some green crap? Boat, motor, trailer for anything thrilling in todays market is well north of a couple hundred grand.

 

  A thundercat turbo starting price at 28k? And you wonder why cat is struggling in a down economy?

  What Im saying about market innovations is sort of what ski-doo offered with the MXZ sport. A simple, paired down, low tech ditch banger or powder version that was say in the sub $10k range would generate a lot of excitement. Some sled/s that really perform not some turd or lookalike wannabe with 60hp 🙄 a real machine. Set that up with some pre canned financing system that was within reach for most. Another huge factor with sleds that annoys the crap out of me is insurance. Its a total scam for what it is imo. Way too high a rate based on a few issues that over generate media attention it seems is what this is cause by. Its high time for a hagerty type insurance system for sleds that was affordable and super cheap for those of us who dont drink or have tickets etc. That too would motivate people to buy machines. Then there is the trail pass which I see both sides of I get it. I spent many hours cutting trails back when i could for the fun of it. Nowadays with all the cost of living issues? Its awful hard to say to the OFSC that it should be 100% volunteer again. Its simply too hard to give up that much time without compensation. But, the insurance the OFSC must be forking out can certainly be improved. Something to get permit prices reasonable enough to bring more into it instead of slowly forcing us old timers out.

 

  Just a few thoughts, theres probably many more ways to get the economic factors lined up better for buyers

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