Re: why are Sea Doo Challengers so cheap
I think alot of the reason there are so many for sale is people get tired of them. They are harder to maneuver at slow speeds, entry level ones tend to be a bit underpowered, MOST jet boats are harder on fuel than traditional drives, smaller ones are....well....small and get crowded quickly when you add people and gear. The repairs are higher than traditional drive systems (on the flip side there seem to be less "maintenance" or repairs needed.
A traditional drive system also tends to have more torque and hole shot than a jet (skiing, wakeboarding, ect.). This drawback (like maneuvering at slow speeds) is easy enough to figure out how to work around, just takes some practice and time.
Alot of people (again my opinion) buy them for a second (or starter) boat and either figure out that they don't need a 2nd boat, or a boat, or upgrade.
I've driven /ridden in them, they are fun, I enjoy them. One wouldn't replace a traditional boat (for me). I enjoy them like I do my jet ski (fun in small doses, several times a season, but won't replace my traditional drive boat.
You are correct, they sell for that amount EVERYDAY. Not that any boat is necessarily an investment, but at the routine price they sell for, I really don't see how you could lose (alot) of money if you bought one, and decided it wasn't for you and resold it the following season. If it fits your style of riding it's a (relatively) cheep way to get on the water.