Westsail Owners Alliance - Thread: "Sailboat Manufacturers Mass Extinction Event"
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Thread: "Sailboat Manufacturers Mass Extinction Event"

12,268 posts on 2,444 threads   •   From Mar 07, 2004 - Jan 08, 2012

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Sailboat Manufacturers Mass Extinction Event


Frank and Melanie Scalfano

Bud,

Do you think the current economic crisis is likely to result in a lot of boat manufacturers going under? The automotive industry seems to be entering a mass extinction event.

Frank


Bud Taplin
(Member)

Reading the trade magazines that I receive regularly, there have been major layoffs at many of the boatbuilders. Also, there have already been some shops close down. The boating industry will have a tough time.

Frankly, I am waiting for MY billon dollar bailout check to be sent to me, as promised by my congressman.


Don Montgomery and Lana Nelson

So can one assume that the value of previously sailed boats will increase????


Bud Taplin
(Member)

Not always. The values of the W32's have increased since the original construction, as they usually sell for more now thirty years old than when they were first built. More a case of the condition and upgrading of a particular boat the determines the value.

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