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Used Boat Market
On Jun 6, 7:47 pm, Tim wrote:
On Jun 4, 4:47 pm, JimH wrote: Folks are also apparently baling out of the 32' to 45' used power boat market due to increased fuel prices. From the May 2008 edition of Boat/US power trade or sale: 14 feet to 24 feet - 21 ads 25 feet to 31 feet - 40 ads 32 feet to 45 feet - 157 ads 46+ feet - 10 ads Although this may not be a true indicator of the market one has to also consider the drop in stock prices of boat manufacturers. Notice also that those who can afford the larger yachts are not baling out (at least according to the Boat/US ads). With dockside pump prices expected to exceed $5/gallon will you be selling or limiting cruising your 32~45 footer? Y'know Jim, now that I've reviewed the content of the post, I would say that you are probably right in your evaluation. Yes, the 46+ crowd are probably owned by the economicaly blessed which may or may not boat anyhow, but still pay the slip fees for some status-type symbol, and the itermediate range cruisers etc, are probably the middle yuppie types that have over extended their mortgages and credit cards and want or are forced to bail. the small boats like mine are very portable and when at home, they don't eat much so they aren't up for sale near like their larger more plump sisters and still can be used for a day outing or a weekend cruise without eating one alive. Yep, that was my point! ;-) |
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