Peak season is underway, and buyers continue to pay historically high prices for boats and watercraft. All segments of the industry are simply crushing yearover-year comparisons.
Looking at individual segments, the most recent 10 model years of used outboard boat values averaged a whopping 21.1% more money in the first half of 2021 than the same period of 2020. Stern drives performed just as well, bringing 19.5% more money. Inboards are enjoying the largest year-overyear gain, at 38%. Personal watercraft brought 12.4% more money.
With production constrained and customers still ready to spend, the used boat and watercraft market remains heavily weighted towards the seller. We don’t see this dynamic changing until the 4th quarter at the earliest.
|150,000 - 300,000|
|50,000 - 149,999|
|15,000 - 25,000|
|6,000 - 14,999|
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