Go Back  Offshoreonly.com > General Discussion > General Boating Discussion
How sound is Reggie financially? >

How sound is Reggie financially?

Notices
General Boating Discussion

How sound is Reggie financially?

Thread Tools
 
Old 06-20-2008 | 01:55 PM
  #81  
rlj676's Avatar
Registered
 
Joined: Jan 2006
Posts: 1,820
Likes: 0
From: Royal Oak, MI
Default

Originally Posted by fund razor
What's the difference between that scenario and now? I make 50% more per year than when I joined OSO 4+ years ago. Back then, middle class people had perf boats too.
Now... if you don't clear $200k+ per year, or are in the marine business swinging deals, you can't participate at a "respected" level.
Respects over rated.

I've been kicking tires for a few years, and am hoping next season I'll finally pull the trigger.

I could afford something older/less nice now, but I don't want the mantenance issues and I guess I like new stuff. But in a few years, there might not be anything "entry level" other than used, and that will just keep getting older.
rlj676 is offline  
Reply
Old 06-20-2008 | 01:59 PM
  #82  
Registered
 
Joined: May 2004
Posts: 254
Likes: 0
From: Stuart
Default

Fountain is just fine!!! International sales are doing really well!!!
wcmarine is offline  
Reply
Old 06-20-2008 | 02:08 PM
  #83  
fund razor's Avatar
Registered
 
Joined: Mar 2004
Posts: 8,162
Likes: 0
Default

Originally Posted by rlj676
Respects over rated.

I've been kicking tires for a few years, and am hoping next season I'll finally pull the trigger.

I could afford something older/less nice now, but I don't want the mantenance issues and I guess I like new stuff. But in a few years, there might not be anything "entry level" other than used, and that will just keep getting older.
Yep. The water never objected to my boats.

Me too. Looking at everything. And then back at the gas pumps.

Same here. No time for constant repairs, which is to be expected.

No doubt.

I see Royal Oak there. Around here (South side of Daytwah) there are boats for sale everywhere. I drove past a Carver yacht last week in Monroe with twins in very nice shape for it's age... 5 grand. A dual helm 28 footer with a 11 foot beam. 5 grand. Crazy.
We had a nice 35 mistress sit for 6 months asking 38 grand.
fund razor is offline  
Reply
Old 06-20-2008 | 02:18 PM
  #84  
Registered
 
Joined: Jun 2006
Posts: 2,057
Likes: 0
Default

Originally Posted by blume
look at the new style dash from Fountain.
I like it ! Was wondering when they would upgrade from the same dash I had in my 1990 40' Fountain .
stainless is offline  
Reply
Old 06-21-2008 | 02:30 PM
  #85  
Cash Bar's Avatar
Mod Squad Enforcer
20 Year Member
Charter Member
Super Moderators
 
Joined: Nov 2002
Posts: 12,968
Likes: 811
From: On the way to a PR near you
Default

Originally Posted by Chris Sunkin
Do you really need a new MTI to "be somebody"?
Short answer is no.

But my real answer is yes, I really need an MTI(or sweet Skater) to be the somebody at the docks in Key West while everyone else is still running. It was awful nice to get there and have the boat washed, flushed and covered while it was daylight. 125mph made the trip about 90 mins instead of 4+ hrs.

It was also nice to run the old TopGun at 74mph downhill with a tailwind, but I will still take the MTI every day.
__________________
Your OSO connection to great S. Florida Real Estate.
www.gregsellswaterfront.com
Cash Bar is offline  
Reply
Old 06-21-2008 | 02:35 PM
  #86  
Registered User
 
Joined: Oct 2003
Posts: 9,495
Likes: 6
Default

Originally Posted by wcmarine
Fountain is just fine!!! International sales are doing really well!!!
I missed the day in Econ 101 where they taught that strong sales and fiscal stability caused a continual decline in the value of your publicly traded issue.
Chris Sunkin is offline  
Reply
Old 06-21-2008 | 02:40 PM
  #87  
Registered User
 
Joined: Oct 2003
Posts: 9,495
Likes: 6
Default

Originally Posted by Cash Bar
Short answer is no.

But my real answer is yes, I really need an MTI(or sweet Skater) to be the somebody at the docks in Key West while everyone else is still running. It was awful nice to get there and have the boat washed, flushed and covered while it was daylight. 125mph made the trip about 90 mins instead of 4+ hrs.

It was also nice to run the old TopGun at 74mph downhill with a tailwind, but I will still take the MTI every day.
No doubt it's a sweet ride. My point is less about the boat and more about the person. I've met some great people and some real douchebags. Some were very wealthy, some were flat broke. Some pretended to be one or the other, including a very wealthy friend who lives so modestly you'd swear he was a WalMart employee.

As far as getting to KW quickly, I could have chartered that T-38 that's sitting out at the airport and had them pick me up in Miami, overfly all the boats on the way down, do some .95 mach barrel rolls and beat all of you there- for one hell of alot less than the operating costs on an MTI.
Chris Sunkin is offline  
Reply
Old 06-21-2008 | 03:46 PM
  #88  
rlj676's Avatar
Registered
 
Joined: Jan 2006
Posts: 1,820
Likes: 0
From: Royal Oak, MI
Default

Originally Posted by fund razor
Yep. The water never objected to my boats.

Me too. Looking at everything. And then back at the gas pumps.

Same here. No time for constant repairs, which is to be expected.

No doubt.

I see Royal Oak there. Around here (South side of Daytwah) there are boats for sale everywhere. I drove past a Carver yacht last week in Monroe with twins in very nice shape for it's age... 5 grand. A dual helm 28 footer with a 11 foot beam. 5 grand. Crazy.
We had a nice 35 mistress sit for 6 months asking 38 grand.
Yeah there are some pretty good deals in the area due to the bad times.

My problem is I'm picky and want something nice and turn key, so I just have to wait till I find exactly what I want and can afford it. I'm hoping this winter there will be some nice boats in the $60K range, as they are more likely to be effected by gas and wanting to get out than anything nicer.
rlj676 is offline  
Reply
Old 06-26-2008 | 08:50 PM
  #89  
Registered
15 Year Member
 
Joined: Feb 2006
Posts: 146
Likes: 1
From: washington, nc
Default

as a employee at fountain i can say [ THIS ECONOMY SUCKS!!!] we have the best employees and they all work hard. ford, gm, and other companies are struggling to. this is a time for america to join together and say enough is enough.
fountainemp is offline  
Reply
Old 06-27-2008 | 12:21 AM
  #90  
Registered
 
Joined: Mar 2008
Posts: 176
Likes: 0
Default

As someone who spends a fair amount of time on the Pamlico... playing on weekdays (All day today), I can tell you that there are not nearly as many boats on the river, especially not the truly impressive ones that I love to watch and listen to... and that the test runs of the fountains from the factory I used to get a kick out of... seem to have become far less frequent this year...

It's sad that I may indeed be able to take a big step up at some point and buy a bigger faster boat... not because I make a lot more money, but because the used boat market is grinding to a halt and prices seem to be coming down almost daily as fuel prices go up. Sad yes... but inevitable for some time now
wtfo is offline  
Reply


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.