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  1. #18
    Join Date
    May 2009
    Location
    North End Lake Lanier GA
    Posts
    8,155

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    Quote Originally Posted by sandm View Post
    I don't think our dealer sold the yellow mojo they had from the boat show last spring. hate to say it, but the rep there is pushing axis pretty hard over moomba/supra. guessing since he's a salesman, the axis must have a better pay schedule.

    guessing it'll get even worse as they just signed on as the cc dealer. now they sell skiers, bu/axis and cc. seems like some real territory crossing to me..
    Same story as AWS they had to seperate the boats to 2 different locations.

    Beaverton Store sells SC boats, and Nautique
    Oregon City Store sells Malibu Axis and the used boats

    I think the big problem is actaually the Loan terms.

    Up to 50K you can only pull so many month loan on the boat 144 month is what i recall
    After 50K you can add up to 180 month loan.

    This makes it so much easier to put people in 70 and 80K boats for what a 45-50K boat costs.

    So being the normal consumer you think humm..for 500 a month i could get a Moomba thats really nice and has all the basic stuff i really need.

    Or i can get a completly Blinged out Malibu and roll on the lake like im a baller for 525 a month..I choose Baller boat.

    Now you go look at the Used boats for sale and you see 100+ Malibu's compared to the SC boats, this is because they dont hold any value unlike a SC boat does. But the average consumer doesnt think about this. This is the same problem we have with cars and most people being upside down in them and buying them on 6 and 7 year loans now.

    This is the same thing that happened to the housing market, people kept refi the home to buy more stuff and when the market crashed they lost everything in the house because its worth 100K less but they have the double mortgage on it.
    Last edited by mmandley; 12-12-2012 at 01:20 PM.
    Malo <--- Means--Evil or Mean One. This explains a lot.
    2013 Mojo 2.5 Skylon Tower. Bestia < Beast >
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