Your Prediction On Boat Sales . . . Next 12 Months

[jbg108]

I typically sell about 20 boats a year and have had 7 deals squashed because of financing since September. I would say that at least 33% of buyers are out of the market because they can't get the money and it's killing the market. More than ever cash is king but it takes reasonable lending to keep things going.

Good thing I use cash to play

[dewasw]

Over the weekend, Larry Summers (Obama's economic advisor) said: "that monthly job losses of 600k+ are unlikely to end soon and job cuts are probably not going to stop imminently"

That's 20,000 jobs lost per DAY ......maybe it's a good idea to start liquidating boat inventory to build-up cash reserves.

[My Gal]

Originally Posted by reel pleasure

Well, I just watched the Space Shuttle go off to space from my back yard .And tonight I was feeling optimistic.Then I go on line to my favorite place to waste time and converse with my fellow boaters. I am preplexed by all the doom and gloom.I believe you guys are the same one's that started the rumor about the housing bubble was going to burst back in 2004. We have to start talking up good times and get out there use our boats and spend money so all the small business's in our area can benefit .Lets stop always trying to be correct on our predictions.But meet our predictions with resolutions. Maybe in this forum there is someone that has an idea instead of a deal. And that's all I got to say about that.

"spend money so all the small business's in our area can benefit"

Your goverment is doing that for you. You need to save to pay the bill that is in the mail.