According to dealers, sales are up partially due to the warm weather across the nation. Many dealers reported boat show attendance exceeded expectations and the industry continues to gain momentum this year. New boat sales are maintaining growth with used boats also in high demand. Ski/wake boats are showing a 13.7% increase year-over-year to date according to Statistical Surveys, Inc. Of the major boat categories, pontoon boats has the largest increase in NADAguides.com web traffic year-over-year with nearly a 20% increase.
Based on the warm weather ahead, increasing consumer confidence, and many boats out on the water, we are expecting another solid season.
Due to the early start of the season and warm weather, most segments show slight increases on used boat pricing.
|Boat Type||Trade-In||Average Retail||High Retail|
|Catamaran||↑ 1.7%||↑ 1.7%||↑ 1.8%|
|Houseboats||↓ -1.4%||↓ -1.5%||↓ -1.6%|
|Inboard Boats||↑ 1.7%||↑ 1.3%||↑ 1.3%|
|Inflatable Boats||↓ -1.1%||↓ -0.8%||↓ -0.9%|
|Jet Drive Boats - Aluminum||↑ 2.7%||↑ 2.4%||↑ 1.7%|
|Jet Drive Boats - Fiberglass||↑ 1.3%||↑ 1.1%||↑ 0.6%|
|Monohull Sailboats||↑ 1.2%||↑ 1.3%||↑ 0.8%|
|Outboard Boats - Aluminum||↑ 1.3%||↑ 1.3%||↑ 0.8%|
|Outboard Boats - Fiberglass||↑ 1.7%||↑ 1.1%||↑ 1.1%|
|Personal Watercraft - Jet Drive||↑ 0.2%||↑ 0.5%||↑ 0.6%|
|Pontoon Boats||↑ 0.5%||↑ 0.7%||↑ 0.8%|
|Power Cat||↓ -1.3%||↓ -1.1%||↓ -1.2%|
|Stern Drive Power Boats||↑ 1.2%||↑ 1.2%||↑ 1.3%|
|Trimaran Boats||↑ 1.5%||↑ 1.6%||↑ 1.7%|
|Utility/Jon||↑ 0.2%||↑ 0.4%||↑ 0.7%|
|V-Drive Boats||↑ 1.6%||↑ 1.5%||↑ 1.1%|
|1.||PRO TEAM 175 TXW(**)||Tracker MarineOutboard2||Outboard|
|2.||PRO TEAM 175 TF(**)||Tracker MarineOutboard2||Outboard|
|3.||BASS BUGGY 18 DLX(*)||Tracker Marine||Pontoon|
|4.||PRO 170(**)||Tracker Marine||Outboard|
|5.||WAVE RUNNER VX DELUXE||Yamaha||Personal Watercraft|
|6.||FISHIN BARGE 20 DLX(*)||Tracker Marine||Pontoon|
|7.||PRO TEAM 190 TX(**)||Tracker Marine||Outboard|
|8.||WAVE RNNR FX CRUISER HO||Yamaha||Personal Watercraft|
|9.||WAVE RUNNER VX CRUISER||Yamaha||Personal Watercraft|
|10.||PRO 160(**)||Tracker Marine||Outboard|
The NADAguides marine data is based on national averages; however, our analysts recognize the significance of regional variance by unit type. The following charts represent consumer traffic based on four regions. Traffic percentages for 2014 and 2015 are offered as a comparison to the year-to-date 2016 traffic.
A view of the national average gasoline prices and year-over-year change is supplied to provide support for longer-term strategic planning.
J.D. Power makes no representations about future performance or results based on the data and the contents available in this report (“Market Insights”). Market Insights is provided for informational purposes only and is provided AS IS without warranty or guarantee of any kind. By accessing Market Insights via email or the NADAguides website, you agree not to reprint, reproduce, or distribute Market Insights without the express written permission of National Appraisal Guides, Inc.
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