Boat & watercraft market????? Down??
#31
Registered
Join Date: Feb 2001
Location: Cape Coral Fl
Posts: 1,363
Likes: 0
Received 0 Likes
on
0 Posts
Maybe watercraft sales are down because the average one costs upwards of $10-12K, up from $5K or so a few years ago!....... You can buy a used powerboat for that.
Now, most young people don't have that kind of money sitting around for a PWC, forget the 110% financing BS the dealerships offer, the money is still way too large for a PWC.
Maybe one of the reasons for the popularity of standups.........cheap, fun to ride, simple to work on and easy to haul around in the back of a pickup, unlike those huge new "couches" that weight in at around 800-900lbs!
Now, most young people don't have that kind of money sitting around for a PWC, forget the 110% financing BS the dealerships offer, the money is still way too large for a PWC.
Maybe one of the reasons for the popularity of standups.........cheap, fun to ride, simple to work on and easy to haul around in the back of a pickup, unlike those huge new "couches" that weight in at around 800-900lbs!
Last edited by georges; 10-22-2007 at 08:21 PM.
#32
Registered
Join Date: Oct 2001
Location: omaha,nebraska
Posts: 454
Likes: 0
Received 0 Likes
on
0 Posts
Brad I Looked At Your Site And The Dealers You Speak Of And 20 Million In Sales With A Profit Of 1 Million Befor Expenses Doesnt Sound Like A Strong Proffit Margine, Maybe Im Reading Wrong?
#33
Registered
Join Date: Oct 2001
Location: omaha,nebraska
Posts: 454
Likes: 0
Received 0 Likes
on
0 Posts
BRUNSWICK HAS LAID HUNDREDS OF EMPLOYEES OFF AND CLOSED 1 PLANT COMPLETLY. NOT A GOOD SIGN. IVE HERD AT THE BAJA PLANT 30 PERCENT OF THE PRODUCTION IS SEA RAYS NOT BAJAs.
#34
Banned
Join Date: Aug 2007
Location: Guntersville. Alabama
Posts: 747
Likes: 0
Received 0 Likes
on
0 Posts
I agree with everything most have said, but as a general whole the market is down in allot of industry's not just in boating.
There is probobly allot of boats selling but they are not bringing the money they should, it is very much a buyers market.
I own a wholesale car business and our sales are down roughly 18% after being pretty consistant over the last 5 years.
I personally believe the slump is due to the downfall of the sub-prime housing market and now it is trickling into other industry's. There isnt too many lenders or finanical institutions out there lining up to take risks anymore....which in turn slows allot of things down.
I think allot of it also has to do with the fact that we have a complete idiot running our country, although I personally think he does a wonderful job for a retarded person.
There is probobly allot of boats selling but they are not bringing the money they should, it is very much a buyers market.
I own a wholesale car business and our sales are down roughly 18% after being pretty consistant over the last 5 years.
I personally believe the slump is due to the downfall of the sub-prime housing market and now it is trickling into other industry's. There isnt too many lenders or finanical institutions out there lining up to take risks anymore....which in turn slows allot of things down.
I think allot of it also has to do with the fact that we have a complete idiot running our country, although I personally think he does a wonderful job for a retarded person.
Last edited by long duck dong; 10-23-2007 at 12:13 PM.
Thread
Thread Starter
Forum
Replies
Last Post
Mystic
General Boating Discussion
18
07-22-2008 03:18 PM
OSO News
Offshoreonly Industry News
0
03-12-2008 01:38 PM
blown formula
General Q & A
8
01-22-2003 09:42 PM