@Horton @buechsr
My point was, that we are in a silo'd market whether its skis / foils / surf boards / boats etc...
When compared to other boats, they are overpriced for what you get. Even taking the base model of what I linked to, you get a 7ft longer boat than a GS25, a boat you can put a tender on the back off to pickup, surf and foil all day behind (seen it done) and with 14000lb dry weight kicks a massive wake. Then you can cook diner, eat, entertain, shower, sh*t, then sleep aboard.
Another example is wake foil kit, LF / HL etc you won't find "decent" kit below $2k, come out of the silo and look at surf/wing foils and they are literally half the price - pretty much the same foil shapes, board sizes, leg lengths etc... aimed at a different market.
Because it's a silo'd market, we only see what is presented to us and for competitions, what is allowed to tow us so the prices can be set by market demand. If dealers and lenders are going to offer 30yr loans on surf boats, and regulations don't curtail their use, they will keep going up as that is the expected trajectory.
I also think, the another of the biggest drivers in boat costs is the 2-3yr old boat market. If the manufacturers slashed the prices, they screw the last few years buyers who will most likely be this or next years customers and sink the market completely for years to come with thousands of boats in massive negative equity, unable to refinance, unable to sell on. As I see it, the only way they could realistically reduce the boat prices is to maintain the boat price and let inflation catch up, that way the boat depreciate correctly and customers aren't left holding tens of thousands of debt on an asset worth nothing.#
An example of this is going on right now with Tesla slashing their retail prices, which may get them a few sales now, but has sunk the used market completely.