2022 mc boat(s) price increases?

[Tony84121]

Well it seems Brunswick is not operating the same. My father ordered a 32’ SeaRay SLX in June ‘21 and expects delivery in March 2022. In part because of this discussion here, he called the dealer (MarineMax) and his dealer told him since he’s already signed a purchase order, and placed the deposit, his agreement will survive any additional increases SeaRay applies. Seems SeaRay values the relationship more than the situation.

[tmothy07]

Supply chain costs are going crazy across the spectrum. There could be some profiteering, sure, but I've been in manufacturing businesses my entire career and have never seen anything like this.

A friend of mine was telling me how it's going in the red hot housing market around Austin, for example. One of his pals was lucky to get only a $25,000 upcharge on his house under construction. At least one case has been to court in TX and was a loss for the home buying plaintiff.

If you haven't been hit in the pocketbook yet somewhere.....you probably just haven't noticed, but you will.

Yeah our upcharge is 27k in ATX

Welcome to a boom-town, I guess.

[3event]

Supply chain costs are going crazy across the spectrum. There could be some profiteering, sure, but I've been in manufacturing businesses my entire career and have never seen anything like this.

A friend of mine was telling me how it's going in the red hot housing market around Austin, for example. One of his pals was lucky to get only a $25,000 upcharge on his house under construction. At least one case has been to court in TX and was a loss for the home buying plaintiff.

If you haven't been hit in the pocketbook yet somewhere.....you probably just haven't noticed, but you will.

[Maristar210]

Looks like BU is also sending letters saying the contract you signed is no longer valid and expect to pay up to 8-9% more for the boat you ordered. I bet all mfg's are doing this. I bet some of the good dealers honor the original price but man its going to hurt them.

I find it absurd the mfg's are allowed to do this. A contract is a contract but what they are saying is "hey, you don't want to pay the increase? well we will keep your deposit and sell the boat to someone else who wants to pay the increase"... What has this world come too???????

Yes it is.

I sell **** for industrial aluminum extrusion equipment. We bought a filter from Honeywell in 2019 for $29.14. Today's Price? $194.00 each. It's a damn paper filter. This is goernment paying $500.00 for a tiolet seat crap.

[hunter991]

Looks like BU is also sending letters saying the contract you signed is no longer valid and expect to pay up to 8-9% more for the boat you ordered. I bet all mfg's are doing this. I bet some of the good dealers honor the original price but man its going to hurt them.

I find it absurd the mfg's are allowed to do this. A contract is a contract but what they are saying is "hey, you don't want to pay the increase? well we will keep your deposit and sell the boat to someone else who wants to pay the increase"... What has this world come too???????

[Mystic3D]

Gouging customers is a short-term tactic. Getting hung on a contract can also cut both ways when the music stops.

I am with moose on this one.
1. You won't do business with the broker again.
2. Your customer will continue to do business with you, I realize you are a very sharp business man, so probably captain obvious here, but I would not hesitate to tell your customer.

Karma is a ***** when the music stops.

[MCOR]

I’m going to pursue it….. it will likely take a couple years before I know if I’ll get anything out of them, or not.

Best of luck recouping something out of the proceedings. Hopefully the court system in your area frowns upon profiteering.

[FourFourty]

Any legal recourse? Unless there’s a clause in the contract that allows price fluctuation and acceptance, I think for 1.4M it’s worth looking into. Seems clear the broker doesn’t care about your business relationship.

I’m going to pursue it….. it will likely take a couple years before I know if I’ll get anything out of them, or not.

[MCOR]

100% true, and absolutely crazy how many have been screwed out of contracts. I took the worst hit on a business deal I have ever taken a couple months ago......

(I have an animal feed business for those that dont know)

Bought 2000 tons of Organic Soybean Meal on contract from a commodity brokerage outfit for $669.00 per ton to be delivered over a 4 month time frame.

Sold the product to a large egg producer for $720.00/ton, delivered to their farm.

Price of Organic Soybean Meal jumped to $1460.00+ per ton around the time the delivery period started on the contract.

Broker delivered about 200 tons out of the 2000, and bailed out of the remaining 1800 tons. (mind you, they already had possession of the product, and had already paid for it on their end). They screwed me simply to take advantage of profit above and beyond.

I honored my contract with my customer......

Roughly a loss of $1.4 Million on one contract. Very tough pill to swallow.

Any legal recourse? Unless there’s a clause in the contract that allows price fluctuation and acceptance, I think for 1.4M it’s worth looking into. Seems clear the broker doesn’t care about your business relationship.

[Zrlee]

Roughly a loss of $1.4 Million on one contract. Very tough pill to swallow.

Wow. Almost the cost of a 2026 XStar

Not making light of your loss. That is for sure a devastating loss, to say the least. No matter what size business you have. It’s crazy what companies can do being on the selling side of things. Contracts are meaningless on that side of the deal.


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[moosehead]

Gouging customers is a short-term tactic. Getting hung on a contract can also cut both ways when the music stops.

[FourFourty]

Most buying contracts aren't worth the paper they're printed on, tbh.

100% true, and absolutely crazy how many have been screwed out of contracts. I took the worst hit on a business deal I have ever taken a couple months ago......

(I have an animal feed business for those that dont know)

Bought 2000 tons of Organic Soybean Meal on contract from a commodity brokerage outfit for $669.00 per ton to be delivered over a 4 month time frame.

Sold the product to a large egg producer for $720.00/ton, delivered to their farm.

Price of Organic Soybean Meal jumped to $1460.00+ per ton around the time the delivery period started on the contract.

Broker delivered about 200 tons out of the 2000, and bailed out of the remaining 1800 tons. (mind you, they already had possession of the product, and had already paid for it on their end). They screwed me simply to take advantage of profit above and beyond.

I honored my contract with my customer......

Roughly a loss of $1.4 Million on one contract. Very tough pill to swallow.

[MC25]

Lol, my homebuilder is increasing our price (despite a signed contract back in January) or offering to return our earnest money, tear up the contract, and list the home for an even higher price.

Most buying contracts aren't worth the paper they're printed on, tbh.

I am so glad I bought my house last year. Someone up here in dallas took a builder to court over that exact situation and lost

[tmothy07]

Having a written order by the dealer, signed paperwork of intent to purchase at a specified price, and a large deposit, plus our boat in trade (already at the dealer and actively selling) constitutes more than a handshake deal in my opinion. I hope MC honors the pricing agreed with the dealer for boats on order and deposits paid.

Lol, my homebuilder is increasing our price (despite a signed contract back in January) or offering to return our earnest money, tear up the contract, and list the home for an even higher price.

Most buying contracts aren't worth the paper they're printed on, tbh.

[Morety]

I'm just hoping that I have already had and sold my last MasterCraft!!!