The summer of the great economic downturn continues to have an effect on recreational boating, according to a release by the Boat Owners Association of The United States. On-the-water boat towing and ungrounding services provided to members of BoatUS were up 8% at the midsummer mark, when compared to 2008.
Good weather and lower gas prices, which typically lead to an increase in overall boating traffic, have been offset by the recession. “Except for the Northeast, weather has generally been good, and fuel prices remain around $3.50 per gallon at the fuel dock, down about a dollar or so from last summer's highs. But the economy has been a bigger factor,” added Cardarelli.
A May 2009 survey of BoatU.S. members foreshadowed today's news. When asked how they planned to use their boat this summer, about half of the respondents said they would reduce cruising distances, stay closer to home and reduce the number of boating trips/days, among other cost-cutting measures. “The middle class is boating's bread and butter, and like everyone else, these families are feeling the strain on their budget for discretionary activities,” added Cardarelli.
“However, breakdowns can be costly, and experienced boaters know it's prudent to have an on-the-water towing plan that will safely get you home — with your wallet intact,” added Cardarelli. Much like an auto club, BoatU.S. Towing Services offers “unlimited” towing plans for boaters starting at just $34 year. Without a towing plan, the national average out-of-pocket cost for a tow is about $600.
