Pre-owned boat sales exceeded one million units in 2020 for the first time since 2006
Boating Industry Online
The Pre-Owned Boat Market section of NMMA’s 2020 U.S. Recreational Boating Statistical Abstract is now available. This report includes retail unit sales data, retail market values, average price information, and pre-owned boat sales trends from 2008-2020. Data from the report show pre-owned boat sales exceeded one million units in 2020 for the first time since 2006 to reach 1.05 million boats, an 8.6% increase compared to 2019.
Additional key insights from the report include:
Outboard engine powered boats made up the majority of the pre-owned market in 2020, accounting for 60.9% of all sales.
In four boat categories—inboard cruisers, sterndrive boats, jet boats and sailboats—the vast majority of sales (between 91% and 97%) were boats of fiberglass construction.
Prices on older boats are surging thanks to strong demand for boats and bottle necks in the supply chain for... [read more]