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What is going on with the boat market?
Posted on 6/2/20 at 8:42 am
Posted on 6/2/20 at 8:42 am
We have been looking for a leisure boat to have for the camp and figured with the high unemployment, turn in the oil field, and corona dealers would be begging to make a deal on boats. WRONG.
Went to three local dealers and there are almost no inventory left. Even called Henderson's in Lake Charles who said they don't have any more party barges or ski boats left to sell and can't get any from around the state because of the demand.
What's the deal? Everyone decided to cancel their Disney World trip and buy a boat
Went to three local dealers and there are almost no inventory left. Even called Henderson's in Lake Charles who said they don't have any more party barges or ski boats left to sell and can't get any from around the state because of the demand.
What's the deal? Everyone decided to cancel their Disney World trip and buy a boat
18
Posted on 6/2/20 at 8:45 am to Drunken Crawfish
Everyone has/had time to be outside
Posted on 6/2/20 at 8:45 am to Drunken Crawfish
quote:
What's the deal?
Good weather
Low rates
Plenty of free time
Summer is here baw. Buy your boats in the winter time.
Posted on 6/2/20 at 8:47 am to Drunken Crawfish
Everyone needed an excuse to get out of the house. Fishing/boating was one of the few options available. I went on blind river in April and it was unbelievable how packed the boat launch parking lots were. Same thing going on with bicycles. You can barely find one available and all the bike repair shops are full to the brim with repair jobs fixing people's old rusty bikes that were sitting in their garages and storage sheds. Meanwhile I'm having hell trying to sell a camper. 
Posted on 6/2/20 at 9:01 am to Drunken Crawfish
Cajun Outboards is selling boats like they are McDonalds Hot Cakes. Everyday it seems they are making post that they sold another boat. I saw one yesterday where a couple traveled from Florida to buy a Skeeter at Cajun Outboards.
Posted on 6/2/20 at 9:08 am to Drunken Crawfish
I've insured a shite pile of brand new boats lately.
Posted on 6/2/20 at 9:11 am to Drunken Crawfish
quote:
What is going on with the boat market?
They can't keep boats in stock dude. Hell, I even bought a new boat
Posted on 6/2/20 at 9:12 am to Drunken Crawfish
quote:
they don't have any more ski boats left to sell
Good.
Posted on 6/2/20 at 9:26 am to Drunken Crawfish
Everyone gets boat fever in May leading up to Memorial Day, this year it was just especially bad because boating was one of the few recreational activities that was actually made easier with covid. The oil field and small businesses are hurting, but a lot of people have more money in their pocket than they’re used to because they haven’t been spending as much while shut in, and the stimulus provided a lot of down payments.
The time to watch will be after Labor Day. A good many of these purchases were impulse buys and as hunting season approaches people shift gears. As things get back to normal should be a few folks looking to unload the boat that they didn’t use as much as they thought they would, is a pain paying for every month now that the wife is back to getting Starbucks on the way to work every morning, and selling it would pay for a new side by side to haul corn in.
The time to watch will be after Labor Day. A good many of these purchases were impulse buys and as hunting season approaches people shift gears. As things get back to normal should be a few folks looking to unload the boat that they didn’t use as much as they thought they would, is a pain paying for every month now that the wife is back to getting Starbucks on the way to work every morning, and selling it would pay for a new side by side to haul corn in.
Posted on 6/2/20 at 9:31 am to TheDrunkenTigah
quote:
The time to watch will be after Labor Day. A good many of these purchases were impulse buys and as hunting season approaches people shift gears. As things get back to normal should be a few folks looking to unload the boat that they didn’t use as much as they thought they would
That's the plan. I just thought it was really surprising. I also saw that one of our local auto dealerships had their best month in the last two years. People must order a shite load of Starbucks
This post was edited on 6/2/20 at 9:42 am
Posted on 6/2/20 at 9:32 am to Drunken Crawfish
quote:
We have been looking for a leisure boat to have for the camp and figured with the high unemployment, turn in the oil field, and corona dealers would be begging to make a deal on boats. WRONG. Went to three local dealers and there are almost no inventory left. Even called Henderson's in Lake Charles who said they don't have any more party barges or ski boats left to sell and can't get any from around the state because of the demand. What's the deal? Everyone decided to cancel their Disney World trip and buy a boat
There will be some deals to be had around October of 2021 when folks realize they have used that thing maybe 10 times in the last 2 years.....they make great catchers of pine straw but there are far cheaper ways to collect pine straw...most boats are the equivalent of a exercise bike...great plans in the beginning, then life intervenes and the thing winds up being sold for pennies on the dollar...
Posted on 6/2/20 at 9:34 am to lowhound
quote:
Same thing going on with bicycles. You can barely find one available and all the bike repair shops are full to the brim with repair jobs fixing people's old rusty bikes that were sitting in their garages and storage sheds.
i can't find a freakin' innertube.
Posted on 6/2/20 at 9:37 am to Drunken Crawfish
Every one is out and about apparently.. hell, it took me 5 stops to find new golf cart batteries! The guy told me he’s never sold so many in all his life.
Posted on 6/2/20 at 9:46 am to Loup
Lil Kemo bought a used on last week for $40 that looks new. Lemme know if you want to borrow it.
Buddy has a western store in LC and he can’t get boots or jeans yet. Fishon tackle is stocked up and doing a booming business for three months.
Buddy has a western store in LC and he can’t get boots or jeans yet. Fishon tackle is stocked up and doing a booming business for three months.
This post was edited on 6/2/20 at 9:52 am
Posted on 6/2/20 at 9:48 am to Drunken Crawfish
quote:
What is going on with the boat market?
The consolidation of several brands; a mini monopoly is coming
Posted on 6/2/20 at 11:04 am to Gtmodawg
quote:
around October of 2021 when folks realize they have used that thing maybe 10 times in the last 2 years.
and when they add up how much they've spent paying to store the toy
Posted on 6/2/20 at 11:35 am to anewguy
Ditto. I might write 5-8 boats/campers/side by sides (each) a month on average. I insured 27 boats last month and 32 new campers, and 42 side by sides. I didn't have time to breathe.
Posted on 6/2/20 at 11:36 am to hawgndodge
quote:
I didn't have time to breathe.
I heard the virus was bad...thanks for confirming
Posted on 6/2/20 at 11:42 am to Wtodd
Nicely done
Posted on 6/2/20 at 12:13 pm to hawgndodge
Well if anybody wants a smoking deal on a 2020 merc 250 with 5 hrs on it....
<---@yahoo.com
<---@yahoo.com
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