Thread: More money

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  1. Member
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    #61
    boat prices likely are increasing at a rate that is greater then average wage rates meaning fewer and fewer people can legitimately afford one. seems like a problem for which not good answer exists
    2024 Phoenix 818
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  2. Member
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    #62
    Boat companies really can't do much about the price of boats. They only make the fiberglass. The percentage of the finished product that boat companies actually make now is at an all-time low. Most of the cost are purchased components that they assemble. That's why the Falcons and Ballistics can't come in and undercut the established brands on price. They have to purchase the same engines etc. as the established brands for the same or a little more in cost. Everyone seems to be waiting for the day a new brand will enter the market with a half price offering. NOT going to happen because the math won't work.

  3. Member
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    #63
    with due respect to all brands , one must figure that the actual cost to build a boat must be right around the cost of the Nitro boat,around 40K or so ,of course they mark it up to make a little profit, now I can see the fit and finish of a Ranger is beter than a Nitro, buit where is the other 20-30k at, same with the other top seller as well, Just asking ,
    1996 Javelin 409T DC /225 Johnson Venom

  4. Member
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    Nov 2013
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    #64
    Getting really close to a Prius. Too bad they banned the VW Diesel engines.

  5. Member
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    #65
    Quote Originally Posted by Mark v View Post
    As long as the money is lent freely, prices will continue to be what they are. Look at the cost of higher education. Practically no one gets turned down for student loans. Colleges know this, jack their prices up and the customers keep coming because we have relegated 4 year college to the "have to" if you want to be successful.

    As long as there are people willing and banks are able to sign away 10 year notes (only 120 EASY payments) on boats, the prices will continue be what they are. Let interest rates and lending requirements tighten up and see how prices correspond.
    +1

  6. Member
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    Nov 2008
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    Roswell
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    #66
    Quote Originally Posted by Landar View Post
    Rising interest rates will kill the high end bass boat market.
    No signals of that happening. A minor increase of 1 or even 2+ % in rates doesn’t deter people who could not afford it at zero %.

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