Walker Out As Baja Marine President
#21
Registered
While I know he was in with Donzi prior to the buy out. I don't think he has done much of anything for them once Liberty moved operations.
Craig pretty much just works at Statement Marine these days from my understandings.
#23
Gold Member
Gold Member
I was on the water yesterday and a mate was out in his '86 Formula 27'. Older boat but very nice. In 3 footers that thing ran beautifully. So much so it got me wondering about my next boat. Do I need a bigger boat or can I have just as much fun in something smaller?
Had a visit to the Formula website and played with the build calculator. Priced a Fast tech 292 with only a few options (the option list is huge) and it quickly priced up to 240k. Testament to the market but full credit to Formula, the calculator factors in a 20% discount straight up. After discount, the boat is still around the 200k mark for a 29' with twin 6.2s and just a few options. That's what an entry level go fast boats costs in 2016. (I know Formula are quality and are not the cheapest boats on the market)
Baja (believe what you want) have always put together a roomy comfortable boat. I think their performance is good without been amazing and their finish is decent. I think the factory should try to get this affordable brand going first. If they can produce a sub 30' boat for significantly less than a Formula or an Active Thunder, just to name two, without prejudice, then I think they've got a good chance of success. I'd love to see Fountain and Donzi back up to full production but I don't think I'd like to see a price list.
Another big factor is maintenance. You guys know, this is an expensive hobby. Anything with the word 'marine' is going to be expensive. For me, stick with simple black motors as new as possible, do routine services and accept the engine as it was designed without spending more on modifications.
Sorry for the loooong post, just my opinion.
RR
Had a visit to the Formula website and played with the build calculator. Priced a Fast tech 292 with only a few options (the option list is huge) and it quickly priced up to 240k. Testament to the market but full credit to Formula, the calculator factors in a 20% discount straight up. After discount, the boat is still around the 200k mark for a 29' with twin 6.2s and just a few options. That's what an entry level go fast boats costs in 2016. (I know Formula are quality and are not the cheapest boats on the market)
Baja (believe what you want) have always put together a roomy comfortable boat. I think their performance is good without been amazing and their finish is decent. I think the factory should try to get this affordable brand going first. If they can produce a sub 30' boat for significantly less than a Formula or an Active Thunder, just to name two, without prejudice, then I think they've got a good chance of success. I'd love to see Fountain and Donzi back up to full production but I don't think I'd like to see a price list.
Another big factor is maintenance. You guys know, this is an expensive hobby. Anything with the word 'marine' is going to be expensive. For me, stick with simple black motors as new as possible, do routine services and accept the engine as it was designed without spending more on modifications.
Sorry for the loooong post, just my opinion.
RR
Last edited by rak rua; 12-12-2015 at 08:36 PM.
#24
I was referring to his experience running Cigarette for many years in addition to Donzi.
#25
Registered
you can buy a Brand new 32 foot Miami made center console with twin 300 verado's for $ 100 to $ 130 k depending on options ," nice boats with bling " So why cant someone build a boat for the same or less money in the performance arena ? "" it's called big profit "
#26
Registered
Tough market when talking entry level.
#27
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Sort of. Competing in a global market has changed the face of American middle class forever. Companies here have cut bonuses, raises are far below what they were a decade or two ago, heath costs have escalated and pushed back onto the worker, 401k matching contributions are going away...all this combined makes for a tougher time for families and individuals.
One more factor to consider, time. In order to compete corporations cut costs (i.e., benefits) by reducing staff and adding that work to the remaining workforce thus increasing productivity per person. It's a fact...I've never seen so many of my friends and family sooooooo stressed from financial and time pressures. I don't see a way out, used boats are key during these times but if I'm a business person, boat building is an industry I'd get nowhere near.
I think the youth aren't as interested either, tech and social media seem to take priorities these days.
One more factor to consider, time. In order to compete corporations cut costs (i.e., benefits) by reducing staff and adding that work to the remaining workforce thus increasing productivity per person. It's a fact...I've never seen so many of my friends and family sooooooo stressed from financial and time pressures. I don't see a way out, used boats are key during these times but if I'm a business person, boat building is an industry I'd get nowhere near.
I think the youth aren't as interested either, tech and social media seem to take priorities these days.
#28
FYI- according to the property appraisers office, the best known offshore boat builder in the world paid 106K in annual property taxes on their factory. Think about how many boats they have to make to NET 106K just to pay the property taxes on a warehouse......what about payroll? insurance/utilities? materials? That warehouse tax bill never goes away and usually goes up. Don't sell a single boat that year.......bill is still 106K. Economy tough, banks not lending, insurance killing sales.....bill is still 106K......over 2K a week/ $400 a day forever plus all your other fixed overhead expenses!
Think about how many people perceive the profits because they went to a boat show and saw a 700K 46 ft boat. Think Mercury feels bad for the builders? Think the painters are doing work for less because the builder has high building taxes? Nope......everyone is trying to get their money and in turn the builder is stuck trying to get it from the consumers!
Last edited by Jupiter Sunsation; 12-13-2015 at 11:52 AM.
#29
Registered
or big overhead.......the Miami boat is built in a small rented warehouse and the owner of the company is doing a decent amount of labor. Big boat companies have big warehouses (overhead), plenty of upper management and all that costs money. If there was "big profit" to be had, there wouldn't be so many closed up boat companies......
FYI- according to the property appraisers office, the best known offshore boat builder in the world paid 106K in annual property taxes on their factory. Think about how many boats they have to make to NET 106K just to pay the property taxes on a warehouse......what about payroll? insurance/utilities? materials? That warehouse tax bill never goes away and usually goes up. Don't sell a single boat that year.......bill is still 106K. Economy tough, banks not lending, insurance killing sales.....bill is still 106K......over 2K a week/ $400 a day forever plus all your other fixed overhead expenses!
Think about how many people perceive the profits because they went to a boat show and saw a 700K 46 ft boat. Think Mercury feels bad for the builders? Think the painters are doing work for less because the builder has high building taxes? Nope......everyone is trying to get their money and in turn the builder is stuck trying to get it from the consumers!
FYI- according to the property appraisers office, the best known offshore boat builder in the world paid 106K in annual property taxes on their factory. Think about how many boats they have to make to NET 106K just to pay the property taxes on a warehouse......what about payroll? insurance/utilities? materials? That warehouse tax bill never goes away and usually goes up. Don't sell a single boat that year.......bill is still 106K. Economy tough, banks not lending, insurance killing sales.....bill is still 106K......over 2K a week/ $400 a day forever plus all your other fixed overhead expenses!
Think about how many people perceive the profits because they went to a boat show and saw a 700K 46 ft boat. Think Mercury feels bad for the builders? Think the painters are doing work for less because the builder has high building taxes? Nope......everyone is trying to get their money and in turn the builder is stuck trying to get it from the consumers!
#30
Registered
On a side note, I think a LOT has to do with the Name of a company that sell's the boat , People BUY or pay for the name . it could be virtually identical and someone will pay $ 100 k more for the name they think is better .