RV News

Boat Sales: 2020 Has Been a ‘Banner Year’

Boating stock photo

Though powerboat sales slowed in August following massive increases in the early summer months (total sales were down 13 percent compared to July) sales are still strong with increases across all major categories year-to-date, according to the NMMA’s New Powerboat Registrations.

Year to date, sales of PWCs, pontoons, and freshwater fishing boats were up 2 percent, 9 percent and 10 percent, respectively.

Sales of saltwater fishing boats, tow boats, cruisers and yachts each had double-digit growth ranging from 11 to 15 percent when compared to 2019.

New outboard engine sales in August were up 15 percent year-to-date compared to the same time period last year.

Click here to see the full report from Reagan Haynes in Trade Only Today.

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