Cigarette cost
#11
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In 2000 I was at Cig. talking to Neal when a pallet was unloaded from a truck it had a funny looking piece of fiberglass straped to it, Neal said it was a section of mold bottem to be placed in their mold to create the 1st step hull for Cig. It came from Skater. The rest is history. They bought their R&D.
#12
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Dont forget to add in facility costs (building lease/taxes etc) utilities, manufacturing equipment and replacement, insurance, workmans comp, unemployment contributions, income tax, federal, state, city, EPA fees, hazardous materials fees, liability insurance, recoupment cost of shop screw ups, advetisement/pr costs, front office costs, buisness license costs, company vehicle(s) costs.. I'm sure there is more I haven't thought of. On top of that there still has to be a reasonable profit.
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Calm down boys, I'm not really complaining because I'm not going to pay what they are asking now, besides this is not just about Cigs. Look at OL a 41 or 42 big motors,6 to 700k, this is about performance boats in general. Quality be damned, these boats don't hold their value any better than the other brands. Sure a used 42 Cig. is higher than the same year 42 Sonic but the Cig. cost nearly twice as much when new.
#16
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To be a performance boat builder is more of a passion for these people than a "get rich" business (my opinion). Labor and materials only get more expensive every year which is why boat pricing goes up. Look at the finishes of a Cigarette today and it is all detail, this detail is what buyers have come to expect. When you make the comparision of a sonics pricing to a cigarettes that is not a fair playing field. If I had to bet I would say a Cigarette takes 70% more time in production because of their detail compared to a sonic.
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