SailNet Community - View Single Post - Why so few new boats under 30ft?
View Single Post
post #2 of Old 05-01-2011
Senior Member
TakeFive's Avatar
Join Date: Oct 2009
Location: Swarthmore, PA
Posts: 3,855
Thanks: 12
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

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

2001 Catalina 34MkII Tall Rig Breakin' Away, Universal Diesel M35B, Mantus 35 lb. anchor, sailing out of Rock Hall Landing Marina
TakeFive is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome