Tag Archives: boat sales

Financing recreational sales in the COVID-19 era

Myril Shaw Dealer Profit Services

By Myril Shaw While the times and circumstances require social distancing and limited direct, face-to-face interactions, and while dealers have clearly developed great virtual/no-touch showrooms and selling techniques, one aspect of consummating the sale has not changed for boat dealers. When a customer wants to finance, the compliance requirements (Red Flag and Patriot Act laws) have not been reduced in ...

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Some good news from the front lines

boat dealers

By David Gee A colleague who works as the editor at a sister publication recently went boat shopping to replace an aging pontoon at the family lake cabin. Since we are all hungry for news about “what it’s like out there” I thought I would share some of the anecdotes from his experience at the first dealer he went to. ...

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NMMA says boat sales to remain strong in 2020

NMMA announced today retail unit sales of new powerboats are estimated to have held steady in 2019 at approximately 280,000 units, the second highest total since 2007. The busy winter boat show season kicks off this week across the country and NMMA expects new powerboat sales to be up as much as 2% in 2020. “Sales in 2019 were nearly ...

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Info-Link: Powerboat sales up slightly more than 3 percent in December

Boat sales increased by more than 3 percent through the month of December, according to the latest Info-Link Bellwether report. The Bellwether report tracks sales of powerboats across the country based on new U.S. boat registrations on a rolling 12-month basis. Bellwether states are geographically dispersed states representing roughly half of the U.S. boat market (varies by market segment and ...

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Info-Link: Powerboats up more than 3.5 percent through November

Boat sales increased by more than 3.5 percent through the month of November, according to the latest Info-Link Bellwether report. The Bellwether report tracks sales of powerboats across the country based on new U.S. boat registrations on a rolling 12-month basis. Bellwether states are geographically dispersed states representing roughly half of the U.S. boat market (varies by market segment and ...

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U.S. new powerboat sales at 10-year high, NMMA reports

Data released by the National Marine Manufacturers Association (NMMA) show that unit sales of new powerboats increased 5 percent in 2017, reaching 262,000, the highest levels the U.S. recreational boating industry has seen in 10 years. Total marine expenditures were at an all-time high in 2017 at $39 billion (spending on new boats, engines, trailers, accessories and services), up 7 percent ...

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YachtWorld releases Q1 2017 brokerage sales report

YachtWorld recently released its quarterly YachtWorld Market Index for the first quarter of 2017. In the U.S., there were 5,709 brokerage boats sold in the first quarter, compared to 5,562 in 2016. These sales totaled $904 million, compared to $702 million the previous year’s first quarter. All the gains were in powerboats, which make up 80 percent of the brokerage ...

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NMMA predicts 6 percent gain in boat sales for 2017

The $36 billion U.S boating industry is seeing some of its highest sales in nearly a decade, NMMA said this week. Unit sales of new powerboats increased 6 percent in 2016, reaching 247,800 boats sold, and NMMA expects sales to increase an additional 6 percent in 2017 – a trajectory the group anticipates to continue through 2018. “Economic factors, including ...

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Sterndrive sales down in April, growth slows in other categories

While boat sales grew again in April, the rate of growth declined, according to the latest Info-Link Bellwether report. According to Info-Link, the Bellwether report tracks sales of powerboats across the country based on new U.S. boat registrations on a rolling 12-month basis. Bellwether states are geographically dispersed states representing roughly half of the US boat market (varies by market ...

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Boat sales growth continues to slow in March

Info-Link Bellwether report March 2017

Boat sales were up year-over-year in March, but the rate of growth continued to slow last month, according to the latest Info-Link Bellwether report. According to Info-Link, the Bellwether report tracks sales of powerboats across the country based on new U.S. boat registrations on a rolling 12-month basis. Bellwether states are geographically dispersed states representing roughly half of the US ...

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