According to the latest figures from Info-Link’s Bellweather Report new powerboat sales in June dropped nearly 20 percent from the June of 2007. This continues the dramatic drop in new powerboat sales from the market’s peak in March of 2004.
What is bad news for dealers spells opportunity for boat buyers. As dealer inventories continue to expand the opportunity for boat buyers to negotiate great deals increases. The secondary market for used boats is also a great buyers market at the moment since such great deals can be found on new boats the prices for used boats are dropping in order compete.