More changes at Fountain
12-06-2010, 10:19 AM
#51
Gold Member
Gold Member
Maybe it will stabiliize when NEW boats are sold to people who can actually afford NEW boats. Part of affording a new boat is covering the depreciation hit. That's what Nortech, CIG and OL do - sell boats to clients that can afford them.
12-06-2010, 10:44 AM
#53
VIP Member
VIP Member
Exactly Eric! the whole conundrum of the boat market directly ties into everything else in this economy, living within ones means. There are aspects of the economy that live on credit and it isnt necessarily a bad thing, otherwise no one would be able to own any large item/purchase, but it has to be managed. Consumers need "skin in the game" higher down payments, better credit and actually being able to afford a boat. it makes me realize at times that people don't think about the actual costs of ownership, not just the purchase price.
12-06-2010, 10:49 AM
#54
Registered
Here's the problem:
Government can’t print money properly
B]Because of a problem with the presses, the federal government has shut down production of its flashy new $100 bills[/B]
Government can’t print money properly
B]Because of a problem with the presses, the federal government has shut down production of its flashy new $100 bills[/B]
12-06-2010, 11:01 AM
#55
Registered
Join Date: Oct 2006
Location: Michigan
Posts: 1,449
Likes: 0
Received 0 Likes
on
0 Posts
I can't speak for the 4 brands listed but I know Sunsation has sold at least 14 boats over the last year.
Also here in the midwest RV's are still selling surprising well. The mark up on them is thru the roof too.
12-06-2010, 11:04 AM
#56
Ginger or Mary Ann?
Charter Member
.
__________________
Some people are like Slinkies - Not really good for anything, but they
bring a smile to your face when pushed down the stairs.
Some people are like Slinkies - Not really good for anything, but they
bring a smile to your face when pushed down the stairs.
12-06-2010, 11:41 AM
#57
Registered
Join Date: Mar 2009
Location: LOTO
Posts: 102
Likes: 0
Received 0 Likes
on
0 Posts
The price of materials also would have to come down... and I do not see that in the future. I know resin has gone up approx. 35% since 06... To many factors, and to be honest, if these builders were making so much money over the top, even with slow sales, why are the majority of them out of business. Tough times right now, but I do see a light at the end of the tunnel.
12-06-2010, 12:03 PM
#58
Registered
VIP Member
Join Date: Mar 2001
Location: Mississippi
Posts: 1,454
Likes: 0
Received 0 Likes
on
0 Posts
The price of materials also would have to come down... and I do not see that in the future. I know resin has gone up approx. 35% since 06... To many factors, and to be honest, if these builders were making so much money over the top, even with slow sales, why are the majority of them out of business. Tough times right now, but I do see a light at the end of the tunnel.
12-06-2010, 02:53 PM
#59
Registered
Join Date: Feb 2001
Location: charlotte nc.
Posts: 1,849
Likes: 0
Received 0 Likes
on
0 Posts
