Anxious Buyers Stay on the Sidelines
September 29, 2024
New-boat sales were down in June in all but one segment, indicating that consumers are holding back on purchases
New-boat sales were down in June in all but one segment, indicating that consumers are holding back on purchases
Registrations for sterndrive bowriders, 31- to 40-foot cruisers and jetboats were up, and total numbers were within 2% of last year.
Declines in new-boat registrations continued in February as the market adjusts to prepandemic numbers
In January, new-boat registrations were down 23.6%, at 4,293 compared with 5,618 in the same time frame in 2022. These numbers continue to indicate the typical seasonal slowdown that most dealers and manufacturers in Northern states expect.
The majority of segments showed declines in new-boat registrations in December, with the total industry being down 15.8% compared with a year earlier.
New-boat sales were down in June in all but one segment, indicating that consumers are holding back on purchases
Registrations for sterndrive bowriders, 31- to 40-foot cruisers and jetboats were up, and total numbers were within 2% of last year.
Declines in new-boat registrations continued in February as the market adjusts to prepandemic numbers
In January, new-boat registrations were down 23.6%, at 4,293 compared with 5,618 in the same time frame in 2022. These numbers continue to indicate the typical seasonal slowdown that most dealers and manufacturers in Northern states expect.
The majority of segments showed declines in new-boat registrations in December, with the total industry being down 15.8% compared with a year earlier.
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