Originally Posted by
sandm
going to be an interesting spring for boat sales...
don't see the interest rate market changing much until at least mid summer. only inboards is packed with boats and 70% are 2021 and newer.
m/c and 'bu posted quarterly results beginning of this month and both show quarterly sales down 40% YoY and margins are way down indicating they are discounting more than the last few years.
my takeaway... if you are looking to buy skip new as I see some desperate sellers that are upside down in newer boats/holdovers at dealers and if you are looking to sell, those with 2020's and older are still sitting decently but anyone with newer boats are going to see some decent depreciation.
couple holdover 2023 sa's in the 150's and several 2024 sa's all over 210k. granted options can tick up quickly but that's a big spread.