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#1
posted to rec.boats
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Gas prices and power boating
Some folks are speculating that gas can hit $4/gallon this year. Fuel
dock prices could shoot above $5. Any idea at what point people will just stop boating? This is a form of the 'luxury' tax a few years ago that collapsed the yacht makers. why WOULDN'T gas prices have the same effect? |
#2
posted to rec.boats
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Gas prices and power boating
On 29 Apr 2007 06:06:49 -0700, wf3h wrote:
Some folks are speculating that gas can hit $4/gallon this year. Fuel dock prices could shoot above $5. Any idea at what point people will just stop boating? This is a form of the 'luxury' tax a few years ago that collapsed the yacht makers. why WOULDN'T gas prices have the same effect? That's a good point. Personally, I think last year the market tested $3/g and pretty quickly backed off that because demand dropped significantly. They are certainly going to try it again this year, but I can't see it moving up much past $3/g again without demand dropping. After the 75% runup over the past two years (with Katrina being the excuse), the average joe on the street isn't going to have much left over after going to work and paying for food, the mortgage and other expenses. It's interesting that some in the professional services industries, like orthodontic dentists, dentists and even doctors are seeing a decrease in their gross incomes because the average schmoe can't afford a co-pay even. Trades people are even feeling it because their prices have had to increase due to energy and compensation insurance increases. You have to remember that the real rate of inflation this year (including food/energy/services) is about 13% and it could go higher. That alone is certainly going to impact boating, never mind fuel costs. And now, speaking of boating, I'm done and gone. Gonig out to get some drive time on a twin diesel Topaz. Gotta learn the ins and outs of this twin inboard stuff if I'm going to buy Eisboch's Navigator. :) [1] WHOO HOO!!! [1] Not that I'm going to buy Eisboch's Navigator, but in this life and with me in charge, you never know. :) |
#3
posted to rec.boats
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Gas prices and power boating
wf3h wrote:
Some folks are speculating that gas can hit $4/gallon this year. Fuel dock prices could shoot above $5. Any idea at what point people will just stop boating? This is a form of the 'luxury' tax a few years ago that collapsed the yacht makers. why WOULDN'T gas prices have the same effect? It ought to, and maybe it will lead to a downsizing in boats. Some of the best fun I've ever had in boats has been in small boats with small engines, and in small sailboats. Screw the oil companies and their partners in crime in the Gulf States. |
#4
posted to rec.boats
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Gas prices and power boating
"Harry Krause" wrote in message ... wf3h wrote: Some folks are speculating that gas can hit $4/gallon this year. Fuel dock prices could shoot above $5. Any idea at what point people will just stop boating? This is a form of the 'luxury' tax a few years ago that collapsed the yacht makers. why WOULDN'T gas prices have the same effect? It ought to, and maybe it will lead to a downsizing in boats. Some of the best fun I've ever had in boats has been in small boats with small engines, and in small sailboats. Screw the oil companies and their partners in crime in the Gulf States. Yes..if all the citizens of the western world (especially the US) would think like that, we'd have half a chance with those %^$%^ oil barons. |
#5
posted to rec.boats
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Gas prices and power boating
Harry Krause wrote:
wf3h wrote: Some folks are speculating that gas can hit $4/gallon this year. Fuel dock prices could shoot above $5. Any idea at what point people will just stop boating? This is a form of the 'luxury' tax a few years ago that collapsed the yacht makers. why WOULDN'T gas prices have the same effect? It ought to, and maybe it will lead to a downsizing in boats. Some of the best fun I've ever had in boats has been in small boats with small engines, and in small sailboats. Screw the oil companies and their partners in crime in the Gulf States. Does Yo-Ho and your lobster boat have small engines or qualify as a small boats? |
#6
posted to rec.boats
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Gas prices and power boating
On Apr 29, 6:06?am, wf3h wrote:
Some folks are speculating that gas can hit $4/gallon this year. Fuel dock prices could shoot above $5. Any idea at what point people will just stop boating? This is a form of the 'luxury' tax a few years ago that collapsed the yacht makers. why WOULDN'T gas prices have the same effect? http://www.marinemax.com/investor/ People will just "stop boating" at different rates. It's apparent that some already have, or are delaying the initial purchase or trade-up from a present vessel. Reluctance of new participants to get into boating, due to fuel prices or other concerns, hampers the resale market and inhibits the ability of current owners to upgrade. Down thread, somebody comments about the market returning to smaller boats. I'm not sure that will be the result of this third straight year of gas gouging. From what I can see, the small boat builders are hurting even worse than the yacht manufacturers. Launching a trailer boat requires a big truck, preferably 4WD in a lot of situations. That can be a $40-50,000 proposition, or more, in the current market and since most folks won't have the luxury of owning a vehicle for no purpose other than launching a boat the fuel costs associated with a two vehicle are a concern seven days a week, not just on Saturday or Sunday when the boat gets wet. Wally Lunchbucket was never going to buy a $250,000 boat, but the Wally's buy a lot of boats in the $35-100,000 category and often budget very carefully to make the monthly payments. The vast majority of people are "payment buyers", and make decisions whether to buy or not buy a major item based less on the price than on whether the monthly payment is affordable. The average citizen considers petroleum products almost as essential as food or shelter. What else would most of us continue to buy if the price shot up 50% in 90 days? Darn little, IMO. When the price of this essential commodity goes through the roof, the money to buy it has to come from somewhere. Unfortunately, it will frequently come from folks cutting way back on their boating or choosing not to become boaters in the first place. IMO, take a careful look around. We're in the middle of an important shift in recreational norms in the Western world that will render high fuel consuming items obsolete. The guys in the big boats? They can afford the fuel. |
#7
posted to rec.boats
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Gas prices and power boating
Harry Krause wrote:
wf3h wrote: Some folks are speculating that gas can hit $4/gallon this year. Fuel dock prices could shoot above $5. Any idea at what point people will just stop boating? This is a form of the 'luxury' tax a few years ago that collapsed the yacht makers. why WOULDN'T gas prices have the same effect? It ought to, and maybe it will lead to a downsizing in boats. Some of the best fun I've ever had in boats has been in small boats with small engines, and in small sailboats. Screw the oil companies and their partners in crime in the Gulf States. Does this mean you are selling the 36' Zimmerman like Lobsta' boat? |
#8
posted to rec.boats
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Gas prices and power boating
On 29 Apr 2007 08:39:57 -0700, Chuck Gould
wrote: Wally Lunchbucket was never going to buy a $250,000 boat, but the Wally's buy a lot of boats in the $35-100,000 category and often budget very carefully to make the monthly payments. The vast majority of people are "payment buyers", and make decisions whether to buy or not buy a major item based less on the price than on whether the monthly payment is affordable. Interesting. Maybe because I only spent about half a year on the west coast I never met a Wally Lunchbucket. Around here I know plenty of guys called Joe Sixpack. Ever heard of him? --Vic |
#9
posted to rec.boats
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Gas prices and power boating
Chuck Gould wrote:
On Apr 29, 6:06?am, wf3h wrote: Some folks are speculating that gas can hit $4/gallon this year. Fuel dock prices could shoot above $5. Any idea at what point people will just stop boating? This is a form of the 'luxury' tax a few years ago that collapsed the yacht makers. why WOULDN'T gas prices have the same effect? http://www.marinemax.com/investor/ People will just "stop boating" at different rates. It's apparent that some already have, or are delaying the initial purchase or trade-up from a present vessel. Reluctance of new participants to get into boating, due to fuel prices or other concerns, hampers the resale market and inhibits the ability of current owners to upgrade. Down thread, somebody comments about the market returning to smaller boats. I'm not sure that will be the result of this third straight year of gas gouging. From what I can see, the small boat builders are hurting even worse than the yacht manufacturers. Launching a trailer boat requires a big truck, preferably 4WD in a lot of situations. That can be a $40-50,000 proposition, or more, in the current market and since most folks won't have the luxury of owning a vehicle for no purpose other than launching a boat the fuel costs associated with a two vehicle are a concern seven days a week, not just on Saturday or Sunday when the boat gets wet. You don't need a $50,000 truck to haul around many 18-21' boats. I towed a nice 19-footer with a small V6 Ford truck, and there are plenty of smaller boats available. |
#10
posted to rec.boats
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Gas prices and power boating
On Apr 29, 9:03�am, Vic Smith wrote:
On 29 Apr 2007 08:39:57 -0700, Chuck Gould wrote: Wally Lunchbucket was never going to buy a $250,000 boat, but the Wally's buy a lot of boats in the $35-100,000 category and often budget very carefully to make the monthly payments. The vast majority of people are "payment buyers", and make decisions whether to buy or not buy a major item based less on the price than on whether the monthly payment is affordable. Interesting. *Maybe because I only spent about half a year on the west coast I never met a Wally Lunchbucket. Around here I know plenty of guys called Joe Sixpack. Ever heard of him? --Vic Joe is Wally's kissin' cousin. 'Cept of course Joe and Wally don't kiss- at least not in public unless they're in San Francisco or Seattle. :-) Wally's brothers, Joe and Johnny Lunchbucket are probably mentioned more frequently than Wally. Disheartening news is that with fuel dock prices already in the $4.50 range and headed for $5, none of the Lunchbucket brothers will be racing out to buy a new boat anytime soon. That impacts everybody who owns a boat and hopes to sell it someday as well as all of the folks who sell new or used boats for a living. |
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