Cash for clunkers for boats

[wiley]

OSAGE BEACH MISSOURI -- An Osage Beach boat dealer is cashing in on the "Cash for Clunkers" program.

The government's Cash for Clunkers program is over but Greg Surdyke of Surdyke Yamaha is trying to revive the idea.

Surdyke is holding a "Cash for Clunkers" for boats promotion. Anyone with an old boat, going back to 1975, can drop it off for a $4,000 credit off a new more fuel-efficient one.

"These days, with the economy the way it is, any extra incentive to allow somebody $4,000 for a boat that might be worth $500 or $1500," said Surdyke. "You know, that's gonna help somebody buy one."

The old junk boats won't be sold for scrap.

Surdyke says he'll fix them up and sell them next summer.

The Cash for Clunker boats program runs through the end of September at Surdyke Yamaha.

[Erie Skipper]

OSAGE BEACH MISSOURI -- An Osage Beach boat dealer is cashing in on the "Cash for Clunkers" program.

The government's Cash for Clunkers program is over but Greg Surdyke of Surdyke Yamaha is trying to revive the idea.

Surdyke is holding a "Cash for Clunkers" for boats promotion. Anyone with an old boat, going back to 1975, can drop it off for a $4,000 credit off a new more fuel-efficient one.

"These days, with the economy the way it is, any extra incentive to allow somebody $4,000 for a boat that might be worth $500 or $1500," said Surdyke. "You know, that's gonna help somebody buy one."

The old junk boats won't be sold for scrap.

Surdyke says he'll fix them up and sell them next summer.

The Cash for Clunker boats program runs through the end of September at Surdyke Yamaha.

Great marketing concept; we've been doing it for years. It's called using enough mark up so that you can show more dollars for a trade. Nothing new here, but a definite A for effort to the dealer from a marketing standpoint.

[one4water]

Definitly a good idea. It gets more new boats on the water and puts some decent used boats on the market as well.

It helps all around. I wonder how well it will work out for the dealer when all is said and done.

[ABoater]

Do dealers really think buyers are that naive???

Please...

ANY dealer would be glad to give a buyer $4,000 for his trade no matter how little it is worth. If it's what the buyer wants, it's what he'll "get".

It's called over-allowing (or over-advancing, depending on your locale) for the trade.

All the dealer does is tack on the O-A to the price of the new boat!

And the buyer ends up paying MORE for the boat, MORE in sales tax, if he finances, more in interest charges and in some states, more in personal property tax which is based off of the purchase price.

But hey, I would imagine that there are still some suckers out there that will fall for anything thrown at them...

Geeeeeezzzz....