Not everyone who buys a recreational boat is rich. People who already own a boat (say a 30-ft.) but are using them less this year because of the increase in fuel costs are going to be a less inclined to trade up.
The increase in fuel costs definitely will hurt boat sales. That is just common sense. And, higher fuel costs translates into lower sales of vehicles that do not get good mpg's. Know anyone who has run out and bought a Lincoln Navigator lately?
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