Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 20-01-2019, 14:25   #1
Registered User

Join Date: Jan 2019
Posts: 30
Question Will there be a glut of boats for sale once Baby Boomers retire from boating?

When is a good estimate of when that will be? What is the average age to retire from boating? The Baby Boomers are a substantial mass of people. Future supply/demand will seem to be out of balance unless there are a large new demographic of buyers. Are boat builders preparing for this?
__________________

Joe Deepwater is offline   Reply With Quote
Old 20-01-2019, 14:28   #2
Registered User
 
AKA-None's Avatar

Join Date: Oct 2013
Location: Lake City MN
Boat: C&C 27 Mk III
Posts: 538
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

I guess it depends if we help usher in the next generation of sailors
__________________

__________________
Special knowledge can be a terrible disadvantage if it leads you too far along a path that you cannot explain anymore.
Frank Herbert 'Dune'
AKA-None is offline   Reply With Quote
Old 20-01-2019, 14:35   #3
Registered User

Join Date: Jan 2019
Posts: 30
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

I'm a power boater. Is there an average age when being tipped on a sail boat becomes too physically grueling? Do most sailors shift from sailing to power boating when this happens? Are we likely to see the demographic of Boomers sell their sailboats and buy power boats, leaving a glut of mostly sail boats? Or generally just retire from frequent boating altogether?
Joe Deepwater is offline   Reply With Quote
Old 01-02-2019, 11:28   #4
Registered User

Join Date: Feb 2019
Location: Derby
Boat: Classic Fletcher Speed Boat
Posts: 1
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

How old are Baby Boomers then?
jimboj is offline   Reply With Quote
Old 01-02-2019, 11:51   #5
Senior Cruiser
 
John_Trusty's Avatar

Cruisers Forum Supporter

Join Date: Oct 2014
Location: Michigan, USA
Boat: Catalina 36 (1999)
Posts: 388
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

Quote:
Originally Posted by jimboj View Post
How old are Baby Boomers then?
Typically defined as born post-WWII (1945) until early 1960's - https://en.wikipedia.org/wiki/Baby_boomers

Don't hold your breath for great deals on mint-conditioned boats. I know a few 'retiring' sailors in their mid-70s (so war babies) and their boats are on the ragged edge. They've used them to death, and run out of money and energy to keep them pristine. Other than a few recently added winches and such, they're ready for scrapping, not cruising.
__________________
John Trusty

Better to trust the man who is frequently in error than the one who is never in doubt." -- Eric Sevareid
John_Trusty is online now   Reply With Quote
Old 01-02-2019, 11:52   #6
Registered User
 
Mike OReilly's Avatar

Join Date: Sep 2011
Location: Good question
Boat: Rafiki 37
Posts: 6,453
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

My prediction is: Yes. In fact, I think we’re already seeing it in the used market. The number of boats available seems to grow each year.
__________________
Why go fast, when you can go slow.
BLOG: www.helplink.com/CLAFC
Mike OReilly is offline   Reply With Quote
Old 01-02-2019, 13:34   #7
Moderator
 
a64pilot's Avatar

Cruisers Forum Supporter

Join Date: Oct 2013
Location: Albany Ga.
Boat: Island Packet 38
Posts: 24,611
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

Quote:
Originally Posted by John_Trusty View Post
Don't hold your breath for great deals on mint-conditioned boats. I know a few 'retiring' sailors in their mid-70s (so war babies) and their boats are on the ragged edge. They've used them to death, and run out of money and energy to keep them pristine. Other than a few recently added winches and such, they're ready for scrapping, not cruising.


It depends, I was on a guys boat the other day, a 50ish foot Morgan.
He was 70 and seems to be in great shape, he had built a hard top for the boat that was very well done from what I could see and had painted the boat recently himself, and it looked great, he said he was going to redo the deck soon, but it didn’t look like it needed it to me.
I think it was an 83 model boat, but sure didn’t look like it.
a64pilot is online now   Reply With Quote
Old 01-02-2019, 14:22   #8
sitting on the dock of the bay

Join Date: Mar 2006
Location: somewhere in the south
Posts: 1,727
Images: 6
Send a message via Yahoo to gonesail
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

if there is a glut of boats they will be big boats .. 40' and up. big catamarans. expensive.
__________________
some of the best times of my life were spent on a boat. it just took a long time to realize it

gonesail is offline   Reply With Quote
Old 01-02-2019, 15:40   #9
Registered User
 
rsn48's Avatar

Join Date: Dec 2005
Location: Qualicum Beach, Vancouver Island, BC
Boat: 1969 29 Grenfell Express Cruiser design
Posts: 665
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

There is another thread going about the Toronto Boat Show and how the number of new sailboats on display has gone down drastically and power boats on display up dramaticlly. It was also commented on that most that seemed to be looking seriously at purchasing boats had silver hair - baby boomers.
rsn48 is offline   Reply With Quote
Old 01-02-2019, 15:59   #10
Registered User

Join Date: Jan 2019
Location: Vancouver B.C.Canada
Posts: 78
Send a message via MSN to BugzyCan
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

This is the same issue experienced with Motorcycles, and Harley in particular. Their demographic are the baby boomers and they are quickly dying out, leaving lots of used bikes for sale, and limited buyers. The huge used market takes away from the new buyers, and this is hurting HD. This problem is only going to get worse.


Boats at least decay quickly if not maintained, unlike motorcycles, so there is that. It is not so easy to leave your sailboat in the garage for 20 years.
BugzyCan is offline   Reply With Quote
Old 01-02-2019, 18:36   #11
Registered User
 
CaptTom's Avatar

Join Date: Apr 2004
Location: Southern Maine
Boat: Prairie 36 Coastal Cruiser
Posts: 1,516
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

I think the bigger question is how many of the younger generations are going to become cruisers, or boaters at all.

I don't see the kids messing about in boats like we used to. They don't take little skiffs out fishing in the ocean, they don't hang around the docks, they don't buy dilapidated runabouts or sailing dinghies to fix up and run. They don't take after-school jobs on fishing boats, or hang out in dusty boat builders' barns. They're ferried to and from structured, organized activities in their parents' minivans.

Are they going to become cruisers? Not likely. Day boats are selling well, and probably always will. Besides, with all the anchorages being converted to paid mooring fields, or anchoring banned outright, where would they go?
CaptTom is offline   Reply With Quote
Old 01-02-2019, 18:52   #12
Registered User

Join Date: May 2011
Location: Toronto
Boat: Sandpiper 565
Posts: 3,757
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

I'm a boomer; I plan to be sailing to 80+.


I predict that there will be a glut of... old, baffed out boats from the 80s and before. I don't honestly know if the more common boats built after 1990 will last as long, and as already pointed out, they will be larger, and bigger headaches than the smaller boats.


Maybe the millenials will realize (as we did) the simple pleasures of the smaller, older boats and breathe some more life into them.
Lake-Effect is offline   Reply With Quote
Old 01-02-2019, 19:34   #13
Marine Service Provider
 
boatpoker's Avatar

Join Date: Nov 2008
Location: Toronto, Ontario or Bahamas
Boat: Benford 38 Fantail Cruiser
Posts: 3,701
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

Quote:
Originally Posted by Mike OReilly View Post
My prediction is: Yes. In fact, I think we’re already seeing it in the used market. The number of boats available seems to grow each year.
Completely agree. I see it every day.
__________________
That hysterical laughter you hear as you sail a way in your "new" boat ..... is the seller.
boatpoker is online now   Reply With Quote
Old 02-02-2019, 04:15   #14
Registered User

Join Date: Jan 2018
Posts: 536
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

The trends seem accurate as described here, but why are all the marinas full or on wait list?

Maybe the percentage of the population interested is shrinking, but the total number of boaters seems to be increasing to me.
Chotu is offline   Reply With Quote
Old 02-02-2019, 05:04   #15
Senior Cruiser
 
GordMay's Avatar

Cruisers Forum Supporter

Join Date: Mar 2003
Location: Thunder Bay, Ontario - 48-29N x 89-20W
Boat: (Cruiser Living On Dirt)
Posts: 34,973
Images: 240
Re: Will there be a glut of boats for sale once Baby Boomers retire from boating?

Greetings and welcome aboard the CF, Joe.
There may be (I wouldn't be surprised) a future supply/demand imbalance, but I doubt if boatbuilders are preparing for it.
__________________

__________________
Gord May
"If you didn't have the time or money to do it right in the first place, when will you get the time/$ to fix it?"



GordMay is offline   Reply With Quote
Reply

Tags
boat, boating, for sale, sale

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Looking to Retire at 43 and Sail a Cat - What Would You Do? vegasandre Multihull Sailboats 108 14-08-2016 08:42
One of those hey there, hi there, ho there posts Noreasta Meets & Greets 13 25-09-2013 11:44
A New Baby - 'Our Baby' Fishman_Tx Construction, Maintenance & Refit 16 31-08-2009 11:46
Retire Sailing Website Gone hpeer Off Topic Forum 3 02-05-2009 09:43



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 12:32.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.