Taking Wind Out of Sales ; Some Mainers Alter Their Boat-Buying and Cruising Behaviors Because of Fuel Prices and the Economy.
Portland Press Herald › July 01, 2008
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Summary
High fuel prices and worries about the economy are dragging down boat sales in Maine, particularly mid-priced powerboats. The luxury market, though, appears to be holding its own, and there is strong demand for sailboats.
It appears that many boaters are also making changes to save fuel, taking fewer long cruises and traveling at slower speeds. Also, an increasing number of Maine boaters are trading in their powerboats, said Stanley Russell, who sells new and used sailboats in Stockton Springs.See the full content of this document
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Taking Wind Out of Sales ; Some Mainers Alter Their Boat-Buying and Cruising Behaviors Because of Fuel Prices and the Economy.
"We have a lot of people coming in who own big powerboats that are looking to sail," he said. "The only problem they are running into is what to do with their gas-guzzling powerboats."
A 42-foot powerboat burns one gallon of diesel f...See the full content of this document
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