I was complaining to my wife back in 2019 that wakeboats were getting outrageously priced. This was before the pandemic. I think it is multifactorial, but one big reason is they are so cool and functional. You can use them for all watersports as well as just lounging in the cove or cruising around the lake. With the increased cool factor and technology features more new boat owners are attracted to wakeboats because they can use them for so many different things on the lake. And thus, there are different segments coming into the market with deeper pockets and good credit scores allowing for higher and longer loans. And increased pricing.
But, it's good for those getting into these boats because they are a fun boat to be whether first, second, third, or tenth boat.