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Old 11-08-2021, 10:43 AM   #33
BandB
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City: Fort Lauderdale. Florida, USA
Join Date: Jan 2014
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Quote:
Originally Posted by magna 6882 View Post
The one thing i find interesting is the back log for most boat yards. I think most of the 2022 hulls are sold and folks are looking at 2023. The same with motor-homes and campers. motorhome inventory for 2022 is allocated so a new build would be 2023.
My only concern is are folks using cash on hand or borrowing. If the later we could see some boats for sale.
As a manufacturer, always the reminder, it's not a sale until it ships and payment is collected. All those orders for late 2022 and for 2023 can vaporize quickly if conditions change. In 2007, the 2008 order books were full and into 2009. I always laugh at new business people who tout the order cannot be cancelled. Well, when they say they are cancelling and not going to pay are you still going to build and ship it? People see the time moving out and jump in line and that's really all the 2023 bookings are today, people getting in line, saying they intend to buy, but things can always change.
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