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#1351679 - 06/02/09 02:22 PM Ranger Boats...Bankruptcy?
Taylor Administrator
10 Point


Registered: 09/10/07
Posts: 3061
Loc: Brownsville, Tennessee

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Company that owns Ranger Boats reportedly filed Chapter 11 petition Monday.
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#1351707 - 06/02/09 02:32 PM Re: Ranger Boats...Bankruptcy? [Re: Taylor]
Baxter83
Good ol' Boys
12 Point


Registered: 09/03/08
Posts: 7300
Loc: Winchester, TN

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That sucks, but have you seen how expensive they are? I'd say 90% of the folks that buy them finance for 8+ years to afford the payments...
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#1351734 - 06/02/09 02:48 PM Re: Ranger Boats...Bankruptcy? [Re: ]
LA man
18 Point


Registered: 05/31/03
Posts: 20171
Loc: spencer, tn/houma, la.

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i hate to say it but they were way over prices
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#1351908 - 06/02/09 05:02 PM Re: Ranger Boats...Bankruptcy? [Re: LA man]
B.D.
8 Point


Registered: 03/24/08
Posts: 1484
Loc: Hendersonville TN

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Triton ate their market share.

bd

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#1351972 - 06/02/09 05:39 PM Re: Ranger Boats...Bankruptcy? [Re: ]
RUGER Administrator
Mouse Killa
Non-Typical


Registered: 11/19/99
Posts: 4104904
Loc: TN

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Talked to a friend of a friend the other day that sold a decked out Ranger that went for something like $54,000.00
Kinda like GM and their $60,000 vehicles. If a man makes $50,000 a year it is kinda hard to sell that high ticket stuff to him.
Hate to hear it though.
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Youth is wasted on the young.

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#1351974 - 06/02/09 05:40 PM Re: Ranger Boats...Bankruptcy? [Re: ]
RUGER Administrator
Mouse Killa
Non-Typical


Registered: 11/19/99
Posts: 4104904
Loc: TN

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Talked to a friend of a friend the other day that sold a decked out Ranger that went for something like $54,000.00
Kinda like GM and their $60,000 vehicles. If a man makes $50,000 a year it is kinda hard to sell that high ticket stuff to him.
Hate to hear it though.
_________________________
Youth is wasted on the young.

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#1352139 - 06/02/09 07:51 PM Re: Ranger Boats...Bankruptcy? [Re: RUGER]
tophat
14 Point


Registered: 06/27/01
Posts: 8022
Loc: Springville tennessee

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Guy at work got a ranger gave 49,000 for it and put it on ten years so he could afford it.
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#1352205 - 06/02/09 08:27 PM Re: Ranger Boats...Bankruptcy? [Re: tophat]
Anonymous TnDeer Old Timer
Unregistered



If you look closer it is GenMar that filed bankruptcy and they own Ranger, Stratos, Hydrasports, and Champion - also some skiboat lines. Ranger is probably carrying their weight for GenMar right now - Champion is the step child of the bassboat side. Heard yesterday from a buddy in the business that one of GenMar's ski boat lines owes a dealer $170,000 in rebates....well you can kiss that goodbye. It's not as black and white as some in this post are trying to make it. It's easy to say OMG they're so expensive that's why they went bankrupt...not the sole reason. And for the Triton took Ranger's market share....well Earl Bentz no longer owns Triton they are now part of Brunswick - don't be so surprised if this also happens sometime in the future to Triton due to this. The new Phoenix boat company that bought out the old Bumble Bee plant in Tullahoma is doing it right - staying small, keeping models simple and making a really nice boat. And everyone harps on the price of a Ranger - you should also price a Stratos, Triton, Skeeter etc. etc. - bass boat are expensive period.
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#1352534 - 06/03/09 06:30 AM Re: Ranger Boats...Bankruptcy? [Re: Taylor]
Taylor Administrator
10 Point


Registered: 09/10/07
Posts: 3061
Loc: Brownsville, Tennessee

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Statement From Ranger Regarding Chapter 11
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#1353356 - 06/03/09 01:23 PM Re: Ranger Boats...Bankruptcy? [Re: ]
Baxter83
Good ol' Boys
12 Point


Registered: 09/03/08
Posts: 7300
Loc: Winchester, TN

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 Originally Posted By: KSbuck
The new Phoenix boat company that bought out the old Bumble Bee plant in Tullahoma is doing it right - staying small, keeping models simple and making a really nice boat. And everyone harps on the price of a Ranger - you should also price a Stratos, Triton, Skeeter etc. etc. - bass boat are expensive period.


You hit the nail on the head right there! I also agree that the over-pricing is not the soul reason for all this.

If I was in the market for a new boat it would have to be a Bee Line. \:\)


Edited by Baxter83 (06/03/09 01:23 PM)

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