Join Date: Oct 2009
Location: Swarthmore, PA
Thanked 102 Times in 91 Posts
Rep Power: 8
Not to get overly political here, but small production boats are typically targeted at the middle class. The middle class (at least in the United States) has taken a huge hit in discretionary income and creditworthiness. Many who would have used their houses as collateral for a loan are now underwater with their mortgages.
Large boats offer a much higher profit margin for the builder, as well as targeting a market segment that the econometric data show are doing much better financially on the average.
Rick S., Swarthmore, PA
USCG Certified Captain, 50 Ton Master and OUPV
ASA Certified 101/103/104/105/106
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2001 Catalina 34MkII Tall Rig Breakin' Away, Universal Diesel M35B, Mantus 35 lb. anchor, sailing out of Rock Hall Landing Marina