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  • Recent Posts

    • The Hulk

      Posted (edited)

      Malibu should buy this inventory back to maintain market stability especially considering the fact that stagflation is here and all commodities and prices will continue to skyrocket for the foreseeable future. these units will have been built at lower cost than next models and they already made $ selling them once. They can surely sit back and wait until M&T gets desperate then buy them all at a steal.

      Didn't someone once say "If you owe the bank $1m your screwed, if you owe the bank $100m the bank is screwed" haha .

      it would be unfair to let the bank off the hook without major losses for their genius approval that got Tommys here in the first place..

      IMO, Tommy's is fine and done, M&T's got problems but you're tax $ will bail them out if needed so their Fine, and Malibu has to figure out how bad they want to PO the other 66% of their existing dealerships which is now actually 100% of their current dealerships.
       

      Seems Malibu is the one with the problem here and uncle Sam isn't bailing BU out.

      Edited by The Hulk
    • On 4/26/2024 at 10:25 PM, RTS said:

      They just don't make boats that sexy anymore.

      Malibu's heyday, in my opinion.

      Congrats!

      Agree. What's the attraction of slalom towboat pickleforks and triangles? Weird!

    • There's options for which gauges. Call or email them.  I brought a GPS speedo and 4 in 1 multigauge kit.  This one https://skiboatpartsonline.com/TRD-Conversion-Kit-Medallion-MDC-1600-1/Medallion-Conversion-Kit-Malibu-TRD-1208-MAL-PP then brought a PerfectPass Stargazer upgrade kit direct from PerfectPass a few months later when funds allowed

    • MikeR397

      Posted (edited)

      So if Tommy’s goes belly up later this year, does Malibu contract out warranty and service work to competing dealers in the area? Im generally pretty DIY competent and plan to service my own boat, but if a $5k screen goes out how does that get warranty service? 

      Edited by MikeR397
    • Why would any of you think M&T is ready to wheel and deal yet? This just happened and the boating season is just beginning..

      Wait till end of season ..well actually later when they get desperate and want to write off their losses! The real deals are far off ie the 50-70% off ones

      They have to make 4%?? Ha banks would die to make 2-3% right now with massive deposit flight due to Uncle Sam tax time just hitting.. banks are mostly already insolvent I'd sit back and wait..  

      I feel bad for Malibu dealerships this is going to steal a lot of sales away that they won't be able to match in the near future.. as those dealerships continue to finance their sales price will rise causing problems for 2025 model price vs unsold 2024 prices.

      This is NOT an insignificant amount of inventory given the current economic conditions..  if current trends continue this could equate to 50% reduction in Malibu unit sales since Tommys was already 33% during the good times... 

       

       

       

       

       

      • Like 2
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