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Price of fuel - impact on boat market?

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Price of fuel - impact on boat market?

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Old 06-17-2006, 11:05 PM
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Default Re: Price of fuel - impact on boat market?

Originally Posted by TRICK
It's already a buyers market on used.

For many, the gas prices are just a minor irritant. For others, it's the last straw.

I usually buy in the fall or winter, but I found there are screaming bargains available now.
Agree.... More however will move to the last straw side if interest rates rise. The fed will not be able to not raise over the next few months I'm afraid.
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Old 06-17-2006, 11:16 PM
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Default Re: Price of fuel - impact on boat market?

The rates are already on the rise...but they are still good vs 7-8% not too long ago. I dont feel we will see a rate break for atleast 18 months. If your hoping the rates will drop a couple in the next yr...its a crap shoot. For what its worth I stayed at a Holiday Inn last night.
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Old 06-17-2006, 11:17 PM
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Default Re: Price of fuel - impact on boat market?

7-8% was directed towards the automobile market.
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Old 06-17-2006, 11:37 PM
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Default Re: Price of fuel - impact on boat market?

Originally Posted by 99fever27
7-8% was directed towards the automobile market.
Cars also have leasing which is fairly easy to get people within their stated budget. Boats and house's even a 1% increase can put people out of the market. On homes with people on variable rate morgs the boat market will be full of bargains this summer.
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Old 07-05-2006, 05:16 PM
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Default Re: Price of fuel - impact on boat market?

I'm looking for a 27-29 performance boat...late 80s early 90s...the prices on the boats I'm looking at haven't moved much if at all. I guess these boats are on the bottom of the depreciation curve. As I look at the price of gas on the water a 27 single engine boat probably makes more sense than a 29 with twins.
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Old 07-05-2006, 07:23 PM
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Default Re: Price of fuel - impact on boat market?

Originally Posted by Steve_H
for what its worth. the number of boats on loto over memorial weekend was the least ive ever seen. probably 70 % less then years past and im not exaggerating....
Same here in NJ, a lot less boats out there.

$3.67 Gallon at the fuel dock so far.
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Old 07-05-2006, 07:35 PM
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Default Re: Price of fuel - impact on boat market?

$4.11 a gallon out here in California on the Colorado River @ "Topock Marina"
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Old 07-05-2006, 08:06 PM
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Default Re: Price of fuel - impact on boat market?

Filled up the tank the weekend before the SCOPE trip from Newport to San Diego.......UGH! Added another 150 gallons in San Diego for the return trip.

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Old 07-05-2006, 09:07 PM
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Default Re: Price of fuel - impact on boat market?

Some people blow there $ at the race track.

I'd rather blow it out the exhaust of my Top Gun !
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Old 07-05-2006, 09:37 PM
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Default Re: Price of fuel - impact on boat market?

Cash is king!!!!!!!!!!!!!Hang on to it.Intrest rates are going up..............
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