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-   -   Interest rates and fuel prices taking a toll? (https://www.boatbanter.com/general/68925-interest-rates-fuel-prices-taking-toll.html)

[email protected] April 21st 06 05:48 PM

Interest rates and fuel prices taking a toll?
 
Too early to tell, but........

First quarter new and used boat sales in WA state were down slightly
from last year. This is the first time in 3 years that first quarter
sales have been off vs. the previous year. Jan and Feb numbers were
actually up over 2005, but a very soft March drew the quarter down
overall.

Notable statistics:

New boats sold by WA state dealers were 1,253 units in Q1 2006, vs.
1.361 in Q1 2005. Unit volume was off 7.9%, but due to price increases
dollar volume was off less than 1%.

Washington State residents bought 32 fewer boats from out of state
dealers in Q1 2006 vs. Q1 2005. (339 vs. 371) However, a substantial
increase in average transaction price of such vessels resulted in a
58.8% ($4,427,448) increase in this category.

Used boats sold by WA State dealers were down 23 units from the 850
sold in Q1 2005, but dollar volume was up 9.9% in that category. Fewer,
but more costly used boats are being sold.

Among New boats:

Sellers listed the following "Propulsion type" on applications for
registration:

Ourdrive: 415 units
Inboard: 184 units
Jet: 184 units
Outboard: 848 units
Sail: 18 units (some sellers list sailboats as inboard, outboard,
etc)
Unknown: 25 units

LOA's with notable percentage changes:

10' down 11.5% Q1
11-14' down 16% Q1
23-26' up 58.7% Q1 (165 units vs 104)
27-30' down 9.5% Q1
31-34' up 22.7% Q1 (27 units vs 22)
35-38' up 91.7% Q1 (23 units vs 12)
39-42' up 20% Q1 (12 units vs 10)
43-46' up 250% Q1 (7 units vs 2)
51-54' down 33.3% (2 units vs. 3)
55-58' down 100% (no units sold, vs. 2)
70' up 100% (2 units vs. 1)


Looks like sales in the medium size cruiser category, 31-46 feet, were
actually up pretty well- but of course there isn't any meaningful
volume in those categories to influence the overall statistics.

Looks like the 50-60 foot category has fallen off slightly, but again
the base is so small that 2-3 units one way of the other make a huge
percentage difference. (A lot of these are now 7-figure boats and sales
volume may tend to track the price of second mortgage money).


Among used boats:

1363 "outdrive"
883 "inboard"
402 "jet
3,089 "outboard"
235 "sail"
86 "unknown"


Categories of LOA with notable % changes

11-14' down 8.1%
15-18' down 7.2%
23-26' down 4.1%
31-34' down 9.7%
35-38' down 9.9% (91 units vs 101)
39-42' down 6.8% (68 units vs 73)
43-46' down 12.5% (28 units vs 32)
47-50' UP 41.2% (24 units vs. 17)
59-62' down 50% (1 unit vs 2)
63-66' down 50% (2 units vs 4)
67-70' down 50% (1 unit vs 2)
70 UP an infinite percent (3 units vs 0)



Doug Kanter April 21st 06 06:10 PM

Interest rates and fuel prices taking a toll?
 
wrote in message
oups.com...
Too early to tell, but........

First quarter new and used boat sales in WA state were down slightly
from last year. This is the first time in 3 years that first quarter
sales have been off vs. the previous year. Jan and Feb numbers were
actually up over 2005, but a very soft March drew the quarter down
overall.



Gould, you treasonous waste of human flesh....higher prices for petroleum
prices are good for the eckomi..ecomi...economy. Get with the party line, or
prepare to be interned, for your own good.



[email protected] April 21st 06 06:12 PM

Interest rates and fuel prices taking a toll?
 

wrote:
Too early to tell, but........

First quarter new and used boat sales in WA state were down slightly
from last year. This is the first time in 3 years that first quarter
sales have been off vs. the previous year. Jan and Feb numbers were
actually up over 2005, but a very soft March drew the quarter down
overall.

Notable statistics:

New boats sold by WA state dealers were 1,253 units in Q1 2006, vs.
1.361 in Q1 2005. Unit volume was off 7.9%, but due to price increases
dollar volume was off less than 1%.

Washington State residents bought 32 fewer boats from out of state
dealers in Q1 2006 vs. Q1 2005. (339 vs. 371) However, a substantial
increase in average transaction price of such vessels resulted in a
58.8% ($4,427,448) increase in this category.

Used boats sold by WA State dealers were down 23 units from the 850
sold in Q1 2005, but dollar volume was up 9.9% in that category. Fewer,
but more costly used boats are being sold.

Among New boats:

Sellers listed the following "Propulsion type" on applications for
registration:

Ourdrive: 415 units
Inboard: 184 units
Jet: 184 units
Outboard: 848 units
Sail: 18 units (some sellers list sailboats as inboard, outboard,
etc)
Unknown: 25 units

LOA's with notable percentage changes:

10' down 11.5% Q1
11-14' down 16% Q1
23-26' up 58.7% Q1 (165 units vs 104)
27-30' down 9.5% Q1
31-34' up 22.7% Q1 (27 units vs 22)
35-38' up 91.7% Q1 (23 units vs 12)
39-42' up 20% Q1 (12 units vs 10)
43-46' up 250% Q1 (7 units vs 2)
51-54' down 33.3% (2 units vs. 3)
55-58' down 100% (no units sold, vs. 2)
70' up 100% (2 units vs. 1)


Looks like sales in the medium size cruiser category, 31-46 feet, were
actually up pretty well- but of course there isn't any meaningful
volume in those categories to influence the overall statistics.

Looks like the 50-60 foot category has fallen off slightly, but again
the base is so small that 2-3 units one way of the other make a huge
percentage difference. (A lot of these are now 7-figure boats and sales
volume may tend to track the price of second mortgage money).


Among used boats:

1363 "outdrive"
883 "inboard"
402 "jet
3,089 "outboard"
235 "sail"
86 "unknown"


Categories of LOA with notable % changes

11-14' down 8.1%
15-18' down 7.2%
23-26' down 4.1%
31-34' down 9.7%
35-38' down 9.9% (91 units vs 101)
39-42' down 6.8% (68 units vs 73)
43-46' down 12.5% (28 units vs 32)
47-50' UP 41.2% (24 units vs. 17)
59-62' down 50% (1 unit vs 2)
63-66' down 50% (2 units vs 4)
67-70' down 50% (1 unit vs 2)
70 UP an infinite percent (3 units vs 0)


Oddly enough Chuck, I've watched Ebay for the last 4 years on used
craft of various sizes, makes, and conditions, and have noticed that
prices seem to be up in the used boat market[s].

most strange.....


[email protected] April 21st 06 06:14 PM

Interest rates and fuel prices taking a toll?
 
.. Get with the party line, or
prepare to be interned, for your own good.


Doug, Didn't Stalin and Chairman Mao have the same idea?

LOL!


Doug Kanter April 21st 06 06:21 PM

Interest rates and fuel prices taking a toll?
 

wrote in message
ups.com...
. Get with the party line, or
prepare to be interned, for your own good.


Doug, Didn't Stalin and Chairman Mao have the same idea?

LOL!


Hey...I'm just getting ahead of Nookular Boy's next reality twister. You
*know* he's gonna make some cockamamie claim about oil prices sometime soon.
It's the pattern.



[email protected] April 21st 06 06:33 PM

Interest rates and fuel prices taking a toll?
 

wrote:
wrote:
Too early to tell, but........

First quarter new and used boat sales in WA state were down slightly
from last year. This is the first time in 3 years that first quarter
sales have been off vs. the previous year. Jan and Feb numbers were
actually up over 2005, but a very soft March drew the quarter down
overall.

Notable statistics:

New boats sold by WA state dealers were 1,253 units in Q1 2006, vs.
1.361 in Q1 2005. Unit volume was off 7.9%, but due to price increases
dollar volume was off less than 1%.

Washington State residents bought 32 fewer boats from out of state
dealers in Q1 2006 vs. Q1 2005. (339 vs. 371) However, a substantial
increase in average transaction price of such vessels resulted in a
58.8% ($4,427,448) increase in this category.

Used boats sold by WA State dealers were down 23 units from the 850
sold in Q1 2005, but dollar volume was up 9.9% in that category. Fewer,
but more costly used boats are being sold.

Among New boats:

Sellers listed the following "Propulsion type" on applications for
registration:

Ourdrive: 415 units
Inboard: 184 units
Jet: 184 units
Outboard: 848 units
Sail: 18 units (some sellers list sailboats as inboard, outboard,
etc)
Unknown: 25 units

LOA's with notable percentage changes:

10' down 11.5% Q1
11-14' down 16% Q1
23-26' up 58.7% Q1 (165 units vs 104)
27-30' down 9.5% Q1
31-34' up 22.7% Q1 (27 units vs 22)
35-38' up 91.7% Q1 (23 units vs 12)
39-42' up 20% Q1 (12 units vs 10)
43-46' up 250% Q1 (7 units vs 2)
51-54' down 33.3% (2 units vs. 3)
55-58' down 100% (no units sold, vs. 2)
70' up 100% (2 units vs. 1)


Looks like sales in the medium size cruiser category, 31-46 feet, were
actually up pretty well- but of course there isn't any meaningful
volume in those categories to influence the overall statistics.

Looks like the 50-60 foot category has fallen off slightly, but again
the base is so small that 2-3 units one way of the other make a huge
percentage difference. (A lot of these are now 7-figure boats and sales
volume may tend to track the price of second mortgage money).


Among used boats:

1363 "outdrive"
883 "inboard"
402 "jet
3,089 "outboard"
235 "sail"
86 "unknown"


Categories of LOA with notable % changes

11-14' down 8.1%
15-18' down 7.2%
23-26' down 4.1%
31-34' down 9.7%
35-38' down 9.9% (91 units vs 101)
39-42' down 6.8% (68 units vs 73)
43-46' down 12.5% (28 units vs 32)
47-50' UP 41.2% (24 units vs. 17)
59-62' down 50% (1 unit vs 2)
63-66' down 50% (2 units vs 4)
67-70' down 50% (1 unit vs 2)
70 UP an infinite percent (3 units vs 0)


Oddly enough Chuck, I've watched Ebay for the last 4 years on used
craft of various sizes, makes, and conditions, and have noticed that
prices seem to be up in the used boat market[s].

most strange.....



Individual unit prices are up (for new boats) in the state numbers,
it's the unit volume that is down. For instance, new boats sold by
dealers were down 7.9% in unit volume, but only 0.6% in dollar volume.
Used boat prices are tracking the same way. Used boats sold by dealers
were off 2.7% in unit volume but up 9.9% in dollar volume. Used boats
sold by private parties were off 6% in units, but up 6.7% in dollar
volume.

I guess ebay, watched carefully, can be a better than average indicator
since you can eventually see what a boat or anything else actually sold
for. Watching "for sale" ads isn't a good inidicator of selling prices
in general because that only indicates what people are "asking" for a
boat, and there's no limit to what you can ask.

The statistics I'm sharing here are for one of the 50 states and for a
3-month period. No way to project anything absolutely definite on a
national basis from these, of course.


jps April 21st 06 06:38 PM

Interest rates and fuel prices taking a toll?
 
In article .com,
says...
Too early to tell, but........

First quarter new and used boat sales in WA state were down slightly
from last year. This is the first time in 3 years that first quarter
sales have been off vs. the previous year. Jan and Feb numbers were
actually up over 2005, but a very soft March drew the quarter down
overall.


Cool to read Chuck, thanks. It'd be interesting to see the number of
units sold w/diesel vs. gasoline.

I'll bet fuel prices affect some. Take it a step further...how many
will be affected by our recently acknowledged "dependence on foreign
energy supplies."

Will it cause some people to conserve? The question I really want to
ask but will refrain is:

Will "conservatives" (per capita, last year vs. this year) conserve at a
higher percentage than liberals?

Mind that I'm not asking the question, just pondering. ;^)

jps

Doug Kanter April 21st 06 06:48 PM

Interest rates and fuel prices taking a toll?
 

"Ignatius Thistlewhite" wrote in message
.7...
You wrote:

I'm just getting ahead of Nookular Boy's next reality twister.


Jimmy Carter is no longer in office.


In that case, you mention of him is a waste of time. Focus. Focus Focus.



JimH April 21st 06 09:50 PM

Interest rates and fuel prices taking a toll?
 

wrote in message
oups.com...
Too early to tell, but........

First quarter new and used boat sales in WA state were down slightly
from last year. This is the first time in 3 years that first quarter
sales have been off vs. the previous year. Jan and Feb numbers were
actually up over 2005, but a very soft March drew the quarter down
overall.

Notable statistics:

New boats sold by WA state dealers were 1,253 units in Q1 2006, vs.
1.361 in Q1 2005. Unit volume was off 7.9%, but due to price increases
dollar volume was off less than 1%.

Washington State residents bought 32 fewer boats from out of state
dealers in Q1 2006 vs. Q1 2005. (339 vs. 371) However, a substantial
increase in average transaction price of such vessels resulted in a
58.8% ($4,427,448) increase in this category.

Used boats sold by WA State dealers were down 23 units from the 850
sold in Q1 2005, but dollar volume was up 9.9% in that category. Fewer,
but more costly used boats are being sold.

Among New boats:

Sellers listed the following "Propulsion type" on applications for
registration:

Ourdrive: 415 units
Inboard: 184 units
Jet: 184 units
Outboard: 848 units
Sail: 18 units (some sellers list sailboats as inboard, outboard,
etc)
Unknown: 25 units

LOA's with notable percentage changes:

10' down 11.5% Q1
11-14' down 16% Q1
23-26' up 58.7% Q1 (165 units vs 104)
27-30' down 9.5% Q1
31-34' up 22.7% Q1 (27 units vs 22)
35-38' up 91.7% Q1 (23 units vs 12)
39-42' up 20% Q1 (12 units vs 10)
43-46' up 250% Q1 (7 units vs 2)
51-54' down 33.3% (2 units vs. 3)
55-58' down 100% (no units sold, vs. 2)
70' up 100% (2 units vs. 1)


Looks like sales in the medium size cruiser category, 31-46 feet, were
actually up pretty well- but of course there isn't any meaningful
volume in those categories to influence the overall statistics.



69 units vs 46 in the 31'-46' foot catagory....Sounds like an impressive
increase to me with some big volume for a single quarter.

165 units vs 104 in the 23'-26' catagory.....again a very nice increase.

Except for the very small and very large boats, it sounds like a nice first
quarter of sales.

The true story will come with Q2 sales vs last years Q2 sales. ;-)



RCE April 21st 06 09:55 PM

Interest rates and fuel prices taking a toll?
 

wrote in message
oups.com...


Oddly enough Chuck, I've watched Ebay for the last 4 years on used
craft of various sizes, makes, and conditions, and have noticed that
prices seem to be up in the used boat market[s].

most strange.....



Ebay? ... with the seller's brothers and uncles bidding up the price?

Not a good standard for prices.

RCE




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