NW Boat Dealers & Builders getting hit hard.
+ Reply to Thread
Results 1 to 6 of 6

Thread:
NW Boat Dealers & Builders getting hit hard.

  1. #1
    Senior Member Patyacht's Avatar
    Join Date
    Dec 2007
    Location
    Desert Hills, AZ
    Posts
    1,190

    Default NW Boat Dealers & Builders getting hit hard.

    Will it ever end? Just think 1st it was Olympic and now Meridian Yachts on the big boy side, both Closing their doors. Now I hear Cope & McPhetres-Seattle/Woodenville and PowerBoats NW are both going under. Key Bank has stopped its Marine/RV Lending. I'm sure there will be/are more. Who is next? How will their customers be serviced? I wonder how Mercury is doing and what about all those extended warranties boat buyers bought. Lots of questions with few answers. Tighten your belts because I believe the worst is still to come.
    Pat
    F-29 DCB

  2. Remove Advertisements
    PerformanceBoats.com
    Advertisements
     

  3. #2
    Banne'd Cobra1's Avatar
    Join Date
    Feb 2008
    Posts
    2,568

    Default

    What if these guys owe merc, and who else they have open acounts with. It's getting a little to close to home now.

  4. #3
    Senior Member NiceGuyEddie's Avatar
    Join Date
    Dec 2007
    Location
    Anaheim Hills
    Posts
    5,838

    Default

    Really Key Bank?

  5. Remove Advertisements
    PerformanceBoats.com
    Advertisements
     

  6. #4
    Junior Member Mighty_Mouse's Avatar
    Join Date
    Dec 2007
    Location
    Covington, Wa
    Posts
    24

    Default

    Our company was going through Key Bank for our Sunseeker line. Since they pulled the plug on the Marine/RV Lending, Sunseekers will be an order only item.
    With the economy the way it is, one would have to wonder how Mercury is doing. Most likely tightening the belts just a bit like everyone else.
    Besides all of the larger companies, many of the smaller "Ma & Pa Shops" have shut down around here also.
    Hopefully this turns around soon, not just for the marine industry's sake.

  7. #5
    Senior Member Tony Skagen's Avatar
    Join Date
    Jan 2008
    Posts
    539

    Default

    Ya our little shop is holding on but its hurting bad!

  8. #6
    Senior Member
    Join Date
    Dec 2007
    Location
    Riverside/Lake Havasu
    Posts
    3,136

    Default

    Tough times for everyone.

+ Reply to Thread

Quick Reply Quick Reply

Register Now

Please enter the name by which you would like to log-in and be known on this site.

Please enter a password for your user account. Note that passwords are case-sensitive.

Please enter a valid email address for yourself.

Please select your insurance company (Optional)

Log-in

Tags for this Thread

Digg This Thread

Posting Permissions

  • You may post new threads
  • You may post replies
  • You may not post attachments
  • You may not edit your posts
  •  
 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95