New Formula Boat Dealer

Cobalt 25 · 03-03-2011, 10:56 PM

I purchased a new Formula, which remains our current boat, from Lakeport Landing in 2001, so I'm somewhat familiar with their operation.

While at the Boston Boat Show on Sunday, I spoke with a representative from Formula. He was not directly involved with Lakeport or PBM. I asked him why Lakeport was no longer dealing Formulas. He very politely and professionally told me nothing, other than to say in broad generalities that it was a business decision.

I later met and spoke with Cory from PBM and was very impressed with his friendly and helpful attitude.

I, too, wish both dealerships the best of luck.

Peter

bigpatsfan · 03-04-2011, 02:42 PM

What is surprising is the fact that Formula decided to go with PBM instead of Channel Marine who have a long history of selling a similar style of boat.

I am guessing the departure of the Littlefields may have something to do with this but again, it is amazing that Formula decided to go with a fairly new dealer.

I wish both dealerships good luck

robmac · 03-04-2011, 07:11 PM

I was at the show today and looked at Formula boats. Never sat in any Formula that I sank to the surface ( hard bottom ) of a seat in this brand. Maybe changes in manufacturing was a contributing factor?

Cobalt 25 · 03-05-2011, 11:28 AM

Have you been enjoying a lot of donuts lately?

Peter

robmac · 03-05-2011, 06:41 PM

No sorry,maybe the cushions aren't what they used to be.

Bentley Boy · 03-08-2011, 07:51 PM

After months of discussion and face to face meetings, Formula and Lakeport Landing Marina have announced that their relationship will remain essentially intact and that Lakeport Landing will become a "Non Stocking" dealer. This is a standard industry term which simply means that Lakeport Landing will not be stocking new 2011/2012, etc. boats. Lakeport Landing will be able to order for customers boats from Formula and will have access to all other Formula products and services. This is obviously the result of a great relationship that has lasted for more than thirty years and had nothing to do with the very unfortunate Diamond Island accident.

This is a great opportunity for the Paugus Bay Marina, Lakeport Landing and Formula itself to keep the various Formula models as one of the preeminent quality boat lines on Winnipesaukee. Please wish all concerned your best.

Rusty · 03-08-2011, 10:05 PM

Quote:

Originally Posted by Bentley Boy

After months of discussion and face to face meetings, Formula and Lakeport Landing Marina have announced that their relationship will remain essentially intact and that Lakeport Landing will become a "Non Stocking" dealer. This is a standard industry term which simply means that Lakeport Landing will not be stocking new 2011/2012, etc. boats. Lakeport Landing will be able to order for customers boats from Formula and will have access to all other Formula products and services. This is obviously the result of a great relationship that has lasted for more than thirty years and had nothing to do with the very unfortunate Diamond Island accident.

This is a great opportunity for the Paugus Bay Marina, Lakeport Landing and Formula itself to keep the various Formula models as one of the preeminent quality boat lines on Winnipesaukee. Please wish all concerned your best.

IMHO you are insulting the intelligence of quite a few forum members by coming on here and trying to convince us that Formula didn’t make their business decision based on the publicity that Eric Blizzard has had in the past few years. Good try though!

chipj29 · 03-09-2011, 08:00 AM

Quote:

Originally Posted by Rusty

IMHO you are insulting the intelligence of quite a few forum members by coming on here and trying to convince us that Formula didn’t make their business decision based on the publicity that Eric Blizzard has had in the past few years. Good try though!

Seems to me that you are doing the same thing.

Rusty · 03-09-2011, 08:28 AM

Quote:

Originally Posted by chipj29

Seems to me that you are doing the same thing.

You are exactly right "chipj29" , my comments hold about the same credibility as "Bentley Boy" comments do. The only people who really know why this move was made are the owners of Formula.

SIKSUKR · 03-09-2011, 09:07 AM

Quote:

Originally Posted by Rusty

IMHO you are insulting the intelligence of quite a few forum members by coming on here and trying to convince us that Formula didn’t make their business decision based on the publicity that Eric Blizzard has had in the past few years. Good try though!

That makes no sense at all.If that was the case Formula would have severed ALL ties to Lakeport Marina.Why have any connection then?

codeman671 · 03-09-2011, 11:10 AM

Quote:

Originally Posted by SIKSUKR

That makes no sense at all.If that was the case Formula would have severed ALL ties to Lakeport Marina.Why have any connection then?

Your post makes the most sense so far.

This makes no sense! Why have 2 dealers within such a close proximity? I can certainly understand why Formula would cut ties, but being that they have not completely done it just seems odd unless this is some sort of gradual phase-out since Lakeport does not have any other lines they represent.

sum-r breeze · 03-09-2011, 12:12 PM

Quote:

Originally Posted by codeman671

Your post makes the most sense so far.

This makes no sense! Why have 2 dealers within such a close proximity? I can certainly understand why Formula would cut ties, but being that they have not completely done it just seems odd unless this is some sort of gradual phase-out since Lakeport does not have any other lines they represent.

My old Italian Grandmother had a saying she used very frequently. She used to say "If you do bad things, bad things happen to you."

The Breeze
Wave 'cuz I'll be waving back

ApS · 03-10-2011, 04:55 AM

Quote:

Originally Posted by Rusty

IMHO you are insulting the intelligence of quite a few forum members by coming on here and trying to convince us that Formula didn’t make their business decision based on the publicity that Eric Blizzard has had in the past few years. Good try though!

What part of the post insulted your intelligence?

This part?

Quote:

This is obviously the result of a great relationship that has lasted for more than thirty years and had nothing to do with the very unfortunate Diamond Island accident

sa meredith · 04-16-2011, 12:22 PM

Quote:

Originally Posted by Bentley Boy

After months of discussion and face to face meetings, Formula and Lakeport Landing Marina have announced that their relationship will remain essentially intact and that Lakeport Landing will become a "Non Stocking" dealer. This is a standard industry term which simply means that Lakeport Landing will not be stocking new 2011/2012, etc. boats. Lakeport Landing will be able to order for customers boats from Formula and will have access to all other Formula products and services. This is obviously the result of a great relationship that has lasted for more than thirty years and had nothing to do with the very unfortunate Diamond Island accident.

This is a great opportunity for the Paugus Bay Marina, Lakeport Landing and Formula itself to keep the various Formula models as one of the preeminent quality boat lines on Winnipesaukee. Please wish all concerned your best.

While I certainly cannot dispute what you are saying, as I have no proof, your comments here make little on no sense. I've been in the new auto business for 23 years, and assuming things in boating work in a similar fashion with regard to factory and dealers, how can what you say be possible?
If you are correct, am I to understand that:
A customer can go over to PBM, take several hours of Cory's time. Get all the info they want with regard to price an product. Test drive a boat and look at boats that PBM is floor planning, and therefore servicing the note. And then...hope across the puddle to Lakeport and place their order after PBM has done all the work and handled the finacial burden of educating the customer? PBM has no protection? Sorry...no buying it. Unless PBM gets a piece of the action, regarless of which place places the order. I can't see it working any other way, if what you have stated is true.

SigSauer · 04-17-2011, 02:24 PM

Quote:

Originally Posted by sa meredith

While I certainly cannot dispute what you are saying, as I have no proof, your comments here make little on no sense. I've been in the new auto business for 23 years, and assuming things in boating work in a similar fashion with regard to factory and dealers, how can what you say be possible?
If you are correct, am I to understand that:
A customer can go over to PBM, take several hours of Cory's time. Get all the info they want with regard to price an product. Test drive a boat and look at boats that PBM is floor planning, and therefore servicing the note. And then...hope across the puddle to Lakeport and place their order after PBM has done all the work and handled the finacial burden of educating the customer? PBM has no protection? Sorry...no buying it. Unless PBM gets a piece of the action, regarless of which place places the order. I can't see it working any other way, if what you have stated is true.

LL was so over priced on Formula's to begin with, nobody is going to negotiate with PBM and get a better deal at LL. Look at PBM's current listing for a 2011 270BR at $89,900. That same style boat at LL last year was priced over $100k.

Yankee · 04-17-2011, 03:29 PM

Quote:

Originally Posted by SigSauer

LL was so over priced on Formula's to begin with, nobody is going to negotiate with PBM and get a better deal at LL. Look at PBM's current listing for a 2011 270BR at $89,900. That same style boat at LL last year was priced over $100k.

Just to be fair, here's the Formula retail price(s) for a 2011 270BR:

http://www.formulaboats.com/bowrider...spx?id=1304227

Notice all the different options available. IMO, feeble attempts to campare boat prices without even acknowleging engine and accessory options is foolhearted.

SigSauer · 04-17-2011, 07:28 PM

Quote:

Originally Posted by Yankee

Just to be fair, here's the Formula retail price(s) for a 2011 270BR:

http://www.formulaboats.com/bowrider...spx?id=1304227

Notice all the different options available. IMO, feeble attempts to campare boat prices without even acknowleging engine and accessory options is foolhearted.

Yankee, in your expert opinion, would you agree that a boat with "zero" appointments (which is not the case) offered at $89k is a good start compared to the retail base price for a 270BR with a 350mag at $119k?

Feeble......give me a break.

codeman671 · 04-17-2011, 08:37 PM

Quote:

Originally Posted by SigSauer

Yankee, in your expert opinion, would you agree that a boat with "zero" appointments (which is not the case) offered at $89k is a good start compared to the retail base price for a 270BR with a 350mag at $119k?

Feeble......give me a break.

When was the last time you saw any dealer asking full retail for a boat? I can't say that I ever have...

911 Carrera · 05-11-2011, 08:58 AM

Just a tip. Watch the Lakeport Landing Marina website and street signage. There is a huge announcement coming in the next few weeks that changes everything!! After reading this thread it should silence you doubters. Cheers!!

sa meredith · 05-11-2011, 10:58 AM

Quote:

Originally Posted by 911 Carrera

Just a tip. Watch the Lakeport Landing Marina website and street signage. There is a huge announcement coming in the next few weeks that changes everything!! After reading this thread it should silence you doubters. Cheers!!

Gotta love these...really...my favorite posts on Winni.com.
Here we have a first time poster...TELLING US NOTHING!
He has a secret (isn't that special) but...he won't disclose it. So his post tells us??????????????? NOTHING.
He logged in, made a member ID, to say he has info, but won't disclose it.
Just don't get it.....

sunsationdave · 05-11-2011, 12:25 PM

Hope they sold the business .
I think Donald Trump bought it and he will build a trump tower with docks thats why he is in NH again.

jetskier · 05-11-2011, 12:46 PM

I am going to right down and get in line...don't want to be last in line when the news breaks.

If you have news...fine. Teasers are amateurish...you are just going to get backlash.

Jetskier

jrc · 05-11-2011, 01:23 PM

My guess is they landed a new line, maybe Fountain/Donzi/Baja.

Or maybe someone like Cruisers Yachts or Tiara, both could compete with the Formula cruiser line.

I hope it's not some boutique performance vendor.

Or they could go totally the other way with Silverton, a Carver competitor, not represented on the lake.

codeman671 · 05-11-2011, 02:01 PM

Quote:

Originally Posted by sa meredith

Gotta love these...really...my favorite posts on Winni.com.
Here we have a first time poster...TELLING US NOTHING!
He has a secret (isn't that special) but...he won't disclose it. So his post tells us??????????????? NOTHING.
He logged in, made a member ID, to say he has info, but won't disclose it.
Just don't get it.....

Or maybe Bentley Boy chose to drive a different car today...

I think a website update may be in order...

"We are proud to be the exclusive Formula boat dealer in the Lake Region of New Hampshire."

Really?

SigSauer · 05-13-2011, 08:19 AM

- Maybe Lake-port Landing will build a nice restaurant on the water where Burger King is?
- Or perhaps they bought Surf Coaster and will reopen this summer?
- Maybe they are leveraging all their assets tied up in real estate and floor models to sponsor a revitalization of the Weirs Beach area?

This would be a big surprise. News that they are carrying a new line of boats, in an economy where people can't afford to gas them up, does nothing for me.

I could careless if they close the marina.

03-08-2011, 07:51 PM	#6
Bentley Boy Member Join Date: Feb 2011 Location: N.H. Posts: 22 Thanks: 4 Thanked 6 Times in 3 Posts	New Formula dealer After months of discussion and face to face meetings, Formula and Lakeport Landing Marina have announced that their relationship will remain essentially intact and that Lakeport Landing will become a "Non Stocking" dealer. This is a standard industry term which simply means that Lakeport Landing will not be stocking new 2011/2012, etc. boats. Lakeport Landing will be able to order for customers boats from Formula and will have access to all other Formula products and services. This is obviously the result of a great relationship that has lasted for more than thirty years and had nothing to do with the very unfortunate Diamond Island accident. This is a great opportunity for the Paugus Bay Marina, Lakeport Landing and Formula itself to keep the various Formula models as one of the preeminent quality boat lines on Winnipesaukee. Please wish all concerned your best.

05-11-2011, 08:58 AM	#19
911 Carrera Junior Member Join Date: Apr 2011 Location: MA & NH Posts: 8 Thanks: 2 Thanked 3 Times in 3 Posts	Lakeport Landing Just a tip. Watch the Lakeport Landing Marina website and street signage. There is a huge announcement coming in the next few weeks that changes everything!! After reading this thread it should silence you doubters. Cheers!!

05-11-2011, 12:25 PM	#21
sunsationdave Member Join Date: Oct 2005 Posts: 33 Thanks: 0 Thanked 2 Times in 2 Posts	new hotel Hope they sold the business . I think Donald Trump bought it and he will build a trump tower with docks thats why he is in NH again.

05-11-2011, 12:46 PM	#22
jetskier Senior Member Join Date: Apr 2004 Location: North Reading, MA and South Down Shores Posts: 851 Thanks: 57 Thanked 183 Times in 114 Posts	Really? I am going to right down and get in line...don't want to be last in line when the news breaks. If you have news...fine. Teasers are amateurish...you are just going to get backlash. Jetskier

05-13-2011, 08:19 AM	#25
SigSauer Junior Member Join Date: Jul 2010 Posts: 18 Thanks: 1 Thanked 11 Times in 5 Posts	What could be so earth shattering? - Maybe Lake-port Landing will build a nice restaurant on the water where Burger King is? - Or perhaps they bought Surf Coaster and will reopen this summer? - Maybe they are leveraging all their assets tied up in real estate and floor models to sponsor a revitalization of the Weirs Beach area? This would be a big surprise. News that they are carrying a new line of boats, in an economy where people can't afford to gas them up, does nothing for me. I could careless if they close the marina.

03-03-2011, 10:56 PM	#1
Cobalt 25 Senior Member Join Date: Sep 2004 Location: Cape Cod Posts: 226 Thanks: 227 Thanked 36 Times in 20 Posts	I purchased a new Formula, which remains our current boat, from Lakeport Landing in 2001, so I'm somewhat familiar with their operation. While at the Boston Boat Show on Sunday, I spoke with a representative from Formula. He was not directly involved with Lakeport or PBM. I asked him why Lakeport was no longer dealing Formulas. He very politely and professionally told me nothing, other than to say in broad generalities that it was a business decision. I later met and spoke with Cory from PBM and was very impressed with his friendly and helpful attitude. I, too, wish both dealerships the best of luck. Peter

03-04-2011, 02:42 PM	#2
bigpatsfan Senior Member Join Date: Aug 2007 Posts: 86 Thanks: 21 Thanked 15 Times in 9 Posts	What is surprising is the fact that Formula decided to go with PBM instead of Channel Marine who have a long history of selling a similar style of boat. I am guessing the departure of the Littlefields may have something to do with this but again, it is amazing that Formula decided to go with a fairly new dealer. I wish both dealerships good luck

03-04-2011, 07:11 PM	#3
robmac Senior Member Join Date: Jan 2005 Location: Nashua,Meredith Posts: 951 Thanks: 213 Thanked 106 Times in 81 Posts	I was at the show today and looked at Formula boats. Never sat in any Formula that I sank to the surface ( hard bottom ) of a seat in this brand. Maybe changes in manufacturing was a contributing factor?

03-05-2011, 11:28 AM	#4
Cobalt 25 Senior Member Join Date: Sep 2004 Location: Cape Cod Posts: 226 Thanks: 227 Thanked 36 Times in 20 Posts	Have you been enjoying a lot of donuts lately? Peter

03-05-2011, 06:41 PM	#5
robmac Senior Member Join Date: Jan 2005 Location: Nashua,Meredith Posts: 951 Thanks: 213 Thanked 106 Times in 81 Posts	No sorry,maybe the cushions aren't what they used to be.

The Following User Says Thank You to SIKSUKR For This Useful Post:
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05-11-2011, 01:23 PM	#23
jrc Senior Member Join Date: Apr 2004 Location: NH Posts: 2,689 Thanks: 33 Thanked 439 Times in 249 Posts	My guess is they landed a new line, maybe Fountain/Donzi/Baja. Or maybe someone like Cruisers Yachts or Tiara, both could compete with the Formula cruiser line. I hope it's not some boutique performance vendor. Or they could go totally the other way with Silverton, a Carver competitor, not represented on the lake.