Quote:
Originally Posted by kkingston57
Appears that supply issue is now down. Several months ago Villages Golf Carts had 0 carts outiside. Yesterday at least 20 outside. Suspect that demand will be less of a concern in the future.
|
Just an observation. Several golf courses up north have recently started offering substantial discounts on mid-week t times. Apparently demand is way down from the previous couple of years. Speculation is that two factors are resulting in way less play. First, most companies are now requiring employees to physically go back into work and other activities that were previously closed have reopened. Secondly, and probably most importantly, after spending money on necessities like food and gas, many people now don’t have any money remaining for leisure activities like golf or vacations. Last week we played 18 with a cart for $25 and on Monday we are playing 18 with a cart at a high end course for $32. We also just got notified by the owner of a pet friendly cottage on the beach in Maine that the place we have been unsuccessful trying to rent for years now suddenly has multiple weeks available during both the prime months of July and August. She said long time repeat renters are sadly canceling their vacations because they just can’t afford it because of hyper inflation.
This relates to this thread in that it appears future demand for fleet golf carts from golf courses will decline, leading to more production capacity for the personal transportation golf carts used in the Villages. If that is indeed the case, sell now while there is still a shortage and people are willing to pay a premium for a used cart.