Malibu boats-22 boats a day

[farmo83]

My cousin is in town for the holidays and is a lead in the gel coat department for Malibu boats at their factory. He was telling me in 2018 they rolled out 20 new boats a day. In 2019 they are expanding to 22 boats a day.

Talk about dwarfing the performance boating market.

 

[nrbr]

That's insanely impressive! Itd be cool to see that operation

 

[Flying_Lavey]

If someone could figure out how to out one of the roll bar boat decks and interior layout on a performance oriented bottom they'd have the ultimate "make everyone somewhat happy" boat.

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[n2otoofast4u]

And not a one of them is sub 100k!!!!!

 

[rrrr]

The Tige' factory moved from California to Abilene two years ago. My brother lives there. He says they are fully employed and cranking out fifteen or more a week.

 

[River Lynchmob]

And not a one of them is sub 100k!!!!!

MB and a few others are quite others are under a 100K.

 

[RiverDave]

My cousin is in town for the holidays and is a lead in the gel coat department for Malibu boats at their factory. He was telling me in 2018 they rolled out 20 new boats a day. In 2019 they are expanding to 22 boats a day.

Talk about dwarfing the performance boating market.

The pontoon mfg’s are cranking out hundreds of boats a month as well.


If I started a wakeboard boat forum I’d be a millionaire by now. Lol

 

[4Waters]

The pontoon mfg’s are cranking out hundreds of boats a month as well.


If I started a wakeboard boat forum I’d be a millionaire by now. Lol

"Dave's wakeboat place" LOL

 

[Old Texan]

The pontoon mfg’s are cranking out hundreds of boats a month as well.


If I started a wakeboard boat forum I’d be a millionaire by now. Lol

WDP.....Wakeboat Dave's Place. Has a ring to it.

 

[DrunkenSailor]

Dave’s dock destroyers

 

[retaocleg]

was told the same by the rep that sells them the gelcoat.....

 

[TCHB]

The pontoon mfg’s are cranking out hundreds of boats a month as well.


If I started a wakeboard boat forum I’d be a millionaire by now. Lol

I have often wondered why some of he local builders did not get into the toon market. The boat is much easier to build and the market is strong.

 

[Gelcoater]

My cousin is in town for the holidays and is a lead in the gel coat department for Malibu boats at their factory. He was telling me in 2018 they rolled out 20 new boats a day. In 2019 they are expanding to 22 boats a day.

Talk about dwarfing the performance boating market.

That’s rad!
How long is he in town?
Think he’d want to swing by tomorrow and help me tape a Fundeck?

 

[nowski]

Tsunami Warning: From a boaters perspective, were all screwed...

 

[LargeOrangeFont]

If someone could figure out how to out one of the roll bar boat decks and interior layout on a performance oriented bottom they'd have the ultimate "make everyone somewhat happy" boat.

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At 22 boats a day I’d say plenty of people are happy.

The boat you are looking for is a deck boat

 

[Flying_Lavey]

At 22 boats a day I’d say plenty of people are happy.

The boat you are looking for is a deck boat

No. Not quiet. There is no 24 foot deck boat that has anywhere near as useable, open, and versatile interior as a roll bar boat.

I'm sure there are MANY people like Lynch that has bought a roll bar boat and happy with it but I'm sure he'd really love if there was an option that had everything it can do now with the space it has, but be able to go run 70+ if he wanted to.

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[rrrr]

I'm sure there are MANY people like Lynch that has bought a roll bar boat and happy with it but I'm sure he'd really love if there was an option that had everything it can do now with the space it has, but be able to go run 70+ if he wanted to.

Your imagined boat is a unicorn.

The hull design that makes a wakeboarding boat work is not compatible with running 70+ MPH.

 

[NicPaus]

What's the price on there most expensive model fully loaded? That must be a big location with a army of workers to be cranking them out that fast.

 

[LargeOrangeFont]

No. Not quiet. There is no 24 foot deck boat that has anywhere near as useable, open, and versatile interior as a roll bar boat.

I'm sure there are MANY people like Lynch that has bought a roll bar boat and happy with it but I'm sure he'd really love if there was an option that had everything it can do now with the space it has, but be able to go run 70+ if he wanted to.

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Who said anything about a 24 foot deckboat? You need a 26 foot minimum

 

[Flying_Lavey]

Your imagined boat is a unicorn.

The hull design that makes a wakeboarding boat work is not compatible with running 70+ MPH.

This is exactly what I'm saying. Out the deck and interior of a roll bar boat on a bottom that is designed to be capable of 70. The designs now are for bigger wakes and a Max speed of 50. Which is pinned and uncomfortable as hell.

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[Flying_Lavey]

Who said anything about a 24 foot deckboat? You need a 26 foot minimum

Lol! Also my point.

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[n2otoofast4u]

What's the price on there most expensive model fully loaded? That must be a big location with a army of workers to be cranking them out that fast.

Flagship at the boat show last year was north of 200k

 

[NicPaus]

Flagship at the boat show last year was north of 200k

So safe to stay averaging over 2.5 Million a day in gross sales. Blows away all the west coast customs combined I would think.

 

[twocents]

There's no denying that both Malibu and Mastercraft are killing it in new boat sales. Putting it into perspective, 22 boats a day for Malibu is impressive, however not quite as much of a 'wow' moment when you consider that the Glastron Carlson Boat Company factory in 1979-1980 on Grove Street in Anaheim, CA was producing 13 boats a day and the Glastron factory in Texas actually produced 100 new boats in one day around that same time for an industry record. The stats for total new boat sales nationwide still have until the end of December for a final count, but it looks like this for 2018 -- total new boats manufactured will be about 275,000 which represents a modest industry growth of approximately 3.5%. Wakesport boats will have the largest growth in sales, up 10% from 2017. PWCs did okay with an increase of 8% while pontoons are up 5% for the year. Not such good news, however, for sterndrives/inboards (14' to 30') down again by 5%. The 31' to 40' sterndrive and inboard group will be off about 8%. Although we seem to be preoccupied here at RDP with high performance boats, that segment remains very small with only 1% (or less) of the total number of units produced for the year. And Happy New Year to all!

 

[kiethco]

I don't know how the boating industry is doing as a whole but I've been watching the RV industry, 350,000 units 3 years ago 400,000 units last year and now looking at 500,000 projected. Warren Buffett bought into RV's heavily 10 years ago, that was telling. Polaris is selling SxS's as fast as they can make 'em. Boats have been making a comeback too. Everything tied into loosening lending and low interest rates.
Camping world starting showing fatigue recently with a huge correction.
I hope the leisure industries are better prepared for this latest pull back as things were really looking good for a lot of people.

 

[RandyH]

Going to be a lot of nice stuff for sale down the road a bit.

 

[5oclocksomewhere]

If I started a wakeboard boat forum I’d be a millionaire by now. Lol

But this is why we like you Dave your not gay!

 

[Wakebrdr94]

And not a one of them is sub 100k!!!!!

I can definitely get you a Malibu under 100k. Just depends on size and options
Most of the Axis lineup is under 100k as long as you don’t go for the crazy motor upgrade

 

[LargeOrangeFont]

Lol! Also my point.

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As you are aware, no boat does everything.
See the production numbers above. The market we are in is so small no one really cares.

The closest thing to the boat you speak of is probably a Howard 255 VTX. It’s like $130k to start.

 

[rrrr]

Going to be a lot of nice stuff for sale down the road a bit.

Did I ever mention the time I bought two new boats, two new jet skis, leased and built out two slips with furniture, railings and lockers, and also installed two 6,000 lb lifts?

I already owned two other boats too.

It was in the summer of 2008, just when the clock struck doom.

I certainly called that one, didn't I?

 

[Sleek-Jet]

... a leading indicator of a recession is a booming "toy" market...

 

[beaverretriever]

I sell Nautique ( the gold standard of wake boats IMHO). I ran out of boats before May and had to get the rep to get me build slots and steal boats from other dealers as I just couldnt get enough. My average price for a Nautique for 2018 was roughly 128k. My least expensive one I sold (and only one) was a 210 model which was 90k. I did three over 220k. My best seller was around that 130 to 150k mark. I also carry Sanger and they run from 63 to about 90k. I sell far fewer of those than Nautiques.

Most are writing checks for these things and they are not from home equity loans. These people spend money no matter what. But when economy takes a hit they just buy 125k boats instead of 195k boats. 50% of my business is from Incline Village (the Corona Del Mar/Newport) of Tahoe, and the remaining is mostly from Almanore and Reno areas.

What is cool about Nautique buyers is 95% only looked at a Nautique when shopping, it's the only brand in their eyes, they have only owned Nautique and know it's the best. The other 5% are price shoppers and it's really hard to compete with Malibu or MasterCraft where they will discount the hell out of it to make a deal.

Cobalt was the hot boat and still very popular in Tahoe, but most are moving to a wake boat as it just fits the lifestyle of wake sports so much better.

BTW, our big surf boat the G Series with a supercharged XR7 PCM 550hp runs about 37 top speed. hahaha. All my buyers are lucky to ever hit that as they just dont care about going fast. I would say 85% of my buyers have children as well. Wake boat market definitely isn't empty nesters or young singles.

 

[twocents]

There's no question that the RV industry recovered at a much more rapid pace than the boat industry following the 2007-2012 major recession. At its peak, the boat industry was building/selling 330,000 to 340,000 new units in 2005 and 2006. By 2010 that number was slightly less than 180,000 units and it's taken over 8 years to climb back to the 275,000 level. Meanwhile, the RV industry has rocketed passed the 400,000 unit mark and is fast approaching 500,000 in sales annually.

 

[RiverDave]

I sell Nautique ( the gold standard of wake boats IMHO). I ran out of boats before May and had to get the rep to get me build slots and steal boats from other dealers as I just couldnt get enough. My average price for a Nautique for 2018 was roughly 128k. My least expensive one I sold (and only one) was a 210 model which was 90k. I did three over 220k. My best seller was around that 130 to 150k mark. I also carry Sanger and they run from 63 to about 90k. I sell far fewer of those than Nautiques.

Most are writing checks for these things and they are not from home equity loans. These people spend money no matter what. But when economy takes a hit they just buy 125k boats instead of 195k boats. 50% of my business is from Incline Village (the Corona Del Mar/Newport) of Tahoe, and the remaining is mostly from Almanore and Reno areas.

What is cool about Nautique buyers is 95% only looked at a Nautique when shopping, it's the only brand in their eyes, they have only owned Nautique and know it's the best. The other 5% are price shoppers and it's really hard to compete with Malibu or MasterCraft where they will discount the hell out of it to make a deal.

Cobalt was the hot boat and still very popular in Tahoe, but most are moving to a wake boat as it just fits the lifestyle of wake sports so much better.

BTW, our big surf boat the G Series with a supercharged XR7 PCM 550hp runs about 37 top speed. hahaha. All my buyers are lucky to ever hit that as they just dont care about going fast. I would say 85% of my buyers have children as well. Wake boat market definitely isn't empty nesters or young singles.

You should be in paradise right now selling big ticket items. Lol.

 

[farmo83]

He was telling us about some of the features they put in now and it's insane. He said they have a setup now where the surfer can run the tabs on the boat from a waterproof wristband remote( this might not be new but shocked me). My first thought was this was not safe but if your not going very fast I don't think it would matter. Also he mentioned one of their top markets is in Dubai of all places.

It was funny, he wanted to see my Schiada in the garage. He spent forever looking over the gelcoat job on that and was speechless.

 

[badluck]

If you do any watersports or have kids, it’s really hard to get away from wake boats. I bought a Malibu in 09. It is one of my best purchases ever. We have about 750 hours on it. My next boat will also be a wakeboat. Malibu or Nautique. Which ever skis,wakeboards, and surfs the best will determine what I buy. I’m really looking at a Nautique gs22. I get why people love wakeboard boats.

 

[beaverretriever]

If you do any watersports or have kids, it’s really hard to get away from wake boats. I bought a Malibu in 09. It is one of my best purchases ever. We have about 750 hours on it. My next boat will also be a wakeboat. Malibu or Nautique. Which ever skis,wakeboards, and surfs the best will determine what I buy. I’m really looking at a Nautique gs22. I get why people love wakeboard boats.

GS22 was my best seller for 2018 (I think I sold seven or eight). If you want to ski at all the GS is your best bet; if skiing is not on the horizon whatsoever buy a G or 230.

 

[badluck]

What skis better gs22 or vlx on a diamond ?

 

[DaveC]

RiverwakeboatDaves place

 

[Old Texan]

There's no denying that both Malibu and Mastercraft are killing it in new boat sales. Putting it into perspective, 22 boats a day for Malibu is impressive, however not quite as much of a 'wow' moment when you consider that the Glastron Carlson Boat Company factory in 1979-1980 on Grove Street in Anaheim, CA was producing 13 boats a day and the Glastron factory in Texas actually produced 100 new boats in one day around that same time for an industry record. The stats for total new boat sales nationwide still have until the end of December for a final count, but it looks like this for 2018 -- total new boats manufactured will be about 275,000 which represents a modest industry growth of approximately 3.5%. Wakesport boats will have the largest growth in sales, up 10% from 2017. PWCs did okay with an increase of 8% while pontoons are up 5% for the year. Not such good news, however, for sterndrives/inboards (14' to 30') down again by 5%. The 31' to 40' sterndrive and inboard group will be off about 8%. Although we seem to be preoccupied here at RDP with high performance boats, that segment remains very small with only 1% (or less) of the total number of units produced for the year. And Happy New Year to all!

100 boats in a day? Good grief! How big was their facility and how the hell many people did they employ? What were their normal run numbers?

What type of boats and sizes were they?

 

[YoPengo]

What skis better gs22 or vlx on a diamond ?

GS22 does it all. Keep in mind it’s not a tournament boat.


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[beaverretriever]

The GS is the best skiing V-drive in history, but a good direct drive is better.

 

[badluck]

Better than a Vtx on a diamond? If that’s the case I’ll be trying one out sooner than later.

 

[YoPengo]

It will do everything better than a Malibu. The front of the hull is engineered like a ski nautique... the rear like a G. The subfloor ballast... the NSS... the boat is awesome.

What do you like to ski?


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[old rigger]

There's no denying that both Malibu and Mastercraft are killing it in new boat sales. Putting it into perspective, 22 boats a day for Malibu is impressive, however not quite as much of a 'wow' moment when you consider that the Glastron Carlson Boat Company factory in 1979-1980 on Grove Street in Anaheim, CA was producing 13 boats a day and the Glastron factory in Texas actually produced 100 new boats in one day around that same time for an industry record. The stats for total new boat sales nationwide still have until the end of December for a final count, but it looks like this for 2018 -- total new boats manufactured will be about 275,000 which represents a modest industry growth of approximately 3.5%. Wakesport boats will have the largest growth in sales, up 10% from 2017. PWCs did okay with an increase of 8% while pontoons are up 5% for the year. Not such good news, however, for sterndrives/inboards (14' to 30') down again by 5%. The 31' to 40' sterndrive and inboard group will be off about 8%. Although we seem to be preoccupied here at RDP with high performance boats, that segment remains very small with only 1% (or less) of the total number of units produced for the year. And Happy New Year to all!

Hey Bob, Happy New Year to you too. Great info as always.

Back in the 70's at our peak we were building 9 boats a day, all hand laminated, at Hawaiian and we only hit that number 3 or 4 times, The usual during the season was 6 a day. I thought that was a lot until I was at Advantage in the mid 80s and the gel rep told us that Bayliner was building 52,000 boats a year out of all their combines shops. This was about the time, if I remember right, that you could go to Costco and buy a big package of toilet paper, 6 lbs of beef jerky and a Bayliner.

 

[badluck]

We ski behind a 2007 Vlx diamond hull at 32-34mph. Occasionally wakeboard and surf. Kids do all three also. Wake does not clean up until 16.5 mph which is fine for my 7/9 year olds but I’d like to go 14-15 for teaching new tricks. They’ve had some pretty nasty falls which slows progress.

 

[badluck]

I wonder who produces the most boats per day? Bayliner?

 

[twocents]

The 100 boat in a day "stunt" was something that Glastron spent a couple of months prepping for in advance, hoping to get Guiness World Record recognition. Normally during that era they were doing 60 to 70 boats a day. The model mix was about a 50/50 split between outboards (no motors) and sterndrives (mostly 4 and 6 cylinder engines and a few V-8s). Hulls were in the 15' to 24' range. You have to remember that back in those days, Glastron did not sell boats dealer direct. Instead they had about a dozen regional distributors scattered around the country and all the shipments of products went to them first, then on to their dealer network. I always assumed that Glastron Carlson's 13 boat a day production in Anaheim was number one on the west coast, but I've wondered how many boats a day Schuster slammed out in the late 1960s at Tahiti. Another company that was much more low-key but built a ton of boats during that same general era was the 'other' Bob (Robert) Brown the owner of Cee Bee Avenger in Lynwood. He was a huge player in the under 20' outboard market for a number of years, especially popular for his bass boats. And talk about a scary place to visit....in the toughest part of south central L.A. Lock your doors, roll up the windows and don't stop for red lights. As far a I know, the property is still there and Bob's son Rich continues to do some fiberglass fabrication work from that location but not involved in boats. It would be a perfect movie set to film a horror flick.

 

[Gelcoater]

Hey Bob, Happy New Year to you too. Great info as always.

Back in the 70's at our peak we were building 9 boats a day, all hand laminated, at Hawaiian and we only hit that number 3 or 4 times, The usual during the season was 6 a day. I thought that was a lot until I was at Advantage in the mid 80s and the gel rep told us that Bayliner was building 52,000 boats a year out of all their combines shops. This was about the time, if I remember right, that you could go to Costco and buy a big package of toilet paper, 6 lbs of beef jerky and a Bayliner.

Costco? Or Gemco?

 

[funkcity]

Many here have seen the boating scene change on the left coast. As an addict of Powerboat and Hotboat mags the custom West Coast boat was the real deal. So I had an SKV built for me at Hallett.
I could fix it, hot rod it and afford nice trips to Mead, Naci, Havasu, Parker, Big Bear, Powell etc.. And I could trim the bow up in really nasty weather on Mead and Powell!!! But my 3 kids were seeing the Malibu wake boats at the LA boat show every year and....... In 2006 we ordered a Malibu V-Ride with a few options. Malibu was a west coast (Merced) manufacturer at that point. Now all Bu's are constructed in Tennessee. Going on it's 14th summer it's been a flawless boat. Malibu pushed the other manufacturers to innovate and add lots of new high tech goodies.... At this point I believe all the Wake boats have gone way overboard with all the new computer gadgetry.and gimmicks!... but that's just me! Obviously the boats are selling. So maybe .....if I sell the Bu to my son and his new family I could build that Spectra that's been in my brain for way too long!!