Values for almost all segments we cover are at multi-year highs, so dealers should be capitalizing on strong demand. It’s a seller’s market, and anyone with a boat or personal watercraft to sell should be taking advantage of market conditions.
In the first quarter of 2019, outboards are bringing 4% more money than last year, stern drives are bringing 15.1% more, and personal watercraft are bringing 4.6% more. The only segment not showing a notable increase over 2018 is inboards, but that segment is less than 1% behind last year with more positive directional movement.
The economic outlook is not necessarily as rosy as the first quarter of last year, but employment and wage data supports strong values into the prime selling season.
|50,000 - 100,000|
|10,000 - 49,999|
|7,000 - 10,000|
|4,000 - 6,999|
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