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  1. #1
    Join Date
    Jul 2006
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    LOTO 9MM Niangua and Lawrence Kansas
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    Formula 350ss, Cigarette 35 TS
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    Brunswick dumping Sea Ray

    Brunswick announced they are selling Sea Ray but no info on a buyer (MarineMax maybe). Even went so far as to say Sea Ray and Meridian were being treated as discontinued lines as far as their balance sheet was concerned. Just a weird damn way to treat a solid brand name with a strong value.
    Never liked those loud obnoxious boats, until I bought one of my own.

  2. #2
    Join Date
    Jan 2005
    Location
    Ankeny, Ia.
    My Ride
    2002 baja 33 outlaw
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    53
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    Next will be bayliner, then mercruiser....all that will be left is Mercury outboards( which is what is selling)

  3. #3
    Join Date
    Oct 2004
    Location
    ST.Peters MO,Tin Man Cove LOTO ,LEOPA
    My Ride
    330SS Formula/252BR Formula
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    43
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    At least they are selling them. Remember they gave Baja away for free. There are plenty of mercruiser powerplants being sold I doubt itís on the chopping block. Sea rays are nice and roomey but lack performance. It take a shit ton of diesel power to move one. There are a lot of way better options out there is my guess on the sale.

  4. #4
    Join Date
    Aug 2010
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    26MM LOTO
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    It's too long and boring to post here, but if you take a look at their third quarter financial report released last month, you'll see that sales in their "large fiberglass sterndrive / inboard boat category" haven't been that good over the last few quarters. (You'd think that with relatively low fuel prices and a strengthening economy, sales of those boats would have been doing well.) Their pontoon boat and engine businesses were doing well, though.

    Brunswick Third Quarter Earnings Release

  5. #5
    Join Date
    Dec 2003
    Location
    Papillion, NE
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    32 Active Thunder
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    50
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  6. #6
    Join Date
    Jun 2014
    Posts
    121
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    Cobalt sells out and now SeaRay. As someone else mentioned, with fuel prices stabilized, stock market booming, you would think the boat industry would be thriving. Iíve read that Formula is not real healthy now either.

  7. #7
    Join Date
    Aug 2014
    Location
    Illinois
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    52
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    It's the prices on these new boats that is killing sales...
    Most people can't spend 150 to 500 thousand on a new boat!

  8. #8
    Join Date
    Dec 2006
    Location
    Riverside, MO
    My Ride
    29 outlaw
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    52
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    1,911
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    Why would anybody spend $150,000+ on a boat when you get get a smartphone for $15 a month with an A/R headset and look at pictures of lakes.

    You guys are are so 2000.............

  9. #9
    Join Date
    May 2016
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    14MM
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    47
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    So what does that say about the used market in 10 years.... it all flows downstream right?

    Anybody have any stats on flip rates of a new boat? Guy buys a $300k new boat when does he sell it? 3 years? 5 years? 10 years? 20 years? It's got to be longer than cars, although there are lots of new features added lately to new boats.

    And the hull differences obviously require a new boat. Can't retrofit a bot to be a center console..

    I heard that sales at the boat show at the LOTO this fall were doing good but that may just be a rumor and is an isolated unique market anyway.

  10. #10
    Join Date
    Mar 2008
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    56
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    631
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    This is interesting, it does seems odd in today's economic environment, lending is available, hmm. I have thought for a long time that a boat that maybe not completely top end might have a place in the market. Do I really need a $7K stereo? Teak wood? Corinthian leather (OK, showing my age)? I remember when a pontoon was a low cost boating option. Not anymore.

  11. #11
    Join Date
    Mar 2015
    Location
    Kansas City
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    1995 Chris Craft 33 Crowne
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    38
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    The cost of new boats is absolutely insane to me. I love looking at them, but very few can I find where all that money went, especially the high-end toons.

    With regards to the used market, I feel like the original buyer is probably going to take a larger bath on depreciation with these more expensive boats. I was debating upgrading earlier this year to a slightly larger cruiser and I felt like I had a large selection of quality boats to choose from, people seemed willing to just "let them go".

  12. #12
    Join Date
    May 2006
    Location
    overland park ks /loto 87mm
    My Ride
    1992 24' baja outlaw whippled
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    32
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    I heard big thunder was buying them

  13. #13
    Join Date
    Jul 2009
    Location
    Lee's Summit / Gravois 6mm
    My Ride
    Crownline 202 LPX
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    44
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    255
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    Agreed with boats having just stupid pricing now. We didn't have $100k to plunk down on a 30' or bigger boat to bring down to LOTO so we would have had to finance most of it. Instead we bought a house there for about the same monthly cost of the boat I wanted (costs more over the years) without the crazy depreciation of an "average" boat. I just don't see the value in these boats - don't get me wrong because I get a chub when I see nice boats cruising down the lake. I check this site every day to drool over the awesome boats. Why the hell do they cost so much now?!

  14. #14
    Join Date
    Jun 2014
    Location
    Clayton. 3mm LOTO
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    Sea-Ray 260
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    554
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    If a new boat Iím looking at has a MSRP of $300k, what are these boats actually selling for? $295k? 250k?

  15. #15
    Join Date
    Jul 2006
    Location
    LOTO 9MM Niangua and Lawrence Kansas
    My Ride
    Formula 350ss, Cigarette 35 TS
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    53
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    Quote Originally Posted by Moorlander View Post
    If a new boat Iím looking at has a MSRP of $300k, what are these boats actually selling for? $295k? 250k?
    200 would be a starting point for me. The lower the MSRP for the dealer the less wiggle room there is but there is substantially more than say a car.

    In the bad times (2010) a lot of 5,6and 700k boats went for damn near 50% of MSRP. Maybe they lost money but I doubt it.
    Never liked those loud obnoxious boats, until I bought one of my own.

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