On Nov 27, 8:15�am, BAR wrote:
Chuck Gould wrote:

So as astonishingly high as new boat prices often seem to be,
according to at least some economists the potential market is there
for the products.

Potential and actual are not one and the same. How many boats are
purchased new each year in the 6 figure price range and what is the
annual income of the "family" making the purchase? Purchases by
business' can be thrown out immediately.

As I stated, I don't have the actual numbers but I would be surprised
to learn that more than 1000-1500 new boats priced much over $1mm are
sold in the US each year.

As far as "how many 6-figure boats" are sold, that's pretty easy to
develop. Take the total number of new boats sold each year, and
multiply by about 20%. That would elminate the roughly 80% of new
boats that are inflatables, rowing or sailing dinghies, small
runabouts, etc and leave only larger power and sailboats. Some of the
larger boats might sell for just under $100k, but some of the
runabouts can get over the same amount- so my horseback guess would be
that somewhere near 1/5 of all new boats sold sell for 6-figure prices
or more. New boats well under 30-feet routinely break the 6-figure
price "barrier" these days, so it's not just the elite yachtsman or
woman paying a year's wages for a new boat.