Slowing of wakeboat market?

[scottb7]

We are fortunate enough to be able to afford these things. Some people could never justify spending $8k/year, some people could justify much more per year.

[ScooterMcgavin]

Apparently centurion is not feeling the effects of a slowing market with a 59% sales increase last year...

[scottb7]

If the boat market wasn't slowing when this thread was started, it is now.

[Tallredrider]

BTW if you sold your current 2016 G what boat did you purchase?

Malibu 25 LSV. I hope I don't live to regret it, but it was time for a change and repeat poor service experiences led me another direction. It isn't like I was unhappy with the G .

The 25 LSV is a beast of a boat, I am pretty excited about it. After a year, I will know better if this was a good decision. I am a fan of Nautique, and always will be, so it was a tough decision to go that route.

[Evening Shade]

Malibu 25 LSV. I hope I don't live to regret it, but it was time for a change and repeat poor service experiences led me another direction. It isn't like I was unhappy with the G .

The 25 LSV is a beast of a boat, I am pretty excited about it. After a year, I will know better if this was a good decision. I am a fan of Nautique, and always will be, so it was a tough decision to go that route.

I’m curious to hear your experience with Malibu. Keep us posted.

[lucky7t]

Judging by what I have seen on the water, Nautique owners tend to be insulated from recessions...

I trade sometimes on market and frankly we’re headed down a slippery slope . I believe we will see a hard hit soon (like 2-3 months)

I took advantage of the 08 recession and bought a 210 and sold it for a good profit . maybe I’m crazy but feel like these 150k boats mortgaged for 15 years will drop like rocks . I hope I’m wrong but have already seen the housing market drop (multiple foreclosures at our lake ) I think when and if interest raises it effects the market like a ripple .

Unless something drastic changes soon I feel the inevitable will happen . But like others have said this brand of boat does hold strong .


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[nyryan2001]

Apparently centurion is not feeling the effects of a slowing market with a 59% sales increase last year...

Stated several times on the earlier pages of this thread... market slowing doesn’t appear to apply to Centurion Ris and Fis. Their sales are red hot. Now a used Centurion any model other than Ri or Fi? Owners are getting punished on sales.

[nyryan2001]

I think Lucky’s remarks are dead on.

with the $150k+ wake sales market outright depending on low interest rates to keep the monthly payments down.... the 4-5%/15-20yr rates I’ve seen and got over the last few years are over. Interest rates are headed up.