Boat Sales Rebounding?

By: Stephanie Collins Email
By: Stephanie Collins Email

Industry officials say new boat sales for the average dealer were down 47 percent in the first quarter of this year compared to the same time frame in 2008.

“Over the last year we have seen a decrease in the number of buyers,” says dealer Kurt Weithman at Marine Max in Grand Junction.

And within the last year more boaters are also looking for prospective buyers. Boater Robert Fejeran says he could use the extra cash, “Right now my family and I are just trying to put money towards other obligations. A boat is one of those accessories and not so much a necessity.”

While boaters looking to sell are using sites such as Craigslist to advertise, some say those closest to you are also potential buyers, “Ask your friends, you know take 'em fishin,” says one local boater.

If you are having trouble selling your boat another idea might be to take it out on the water and show it off. Boaters say take potential buyers out on the lake, show them how fun boating can be, and then ask them if they would like to buy it.

Since summer started it's been easier for dealers to get rid of their stock, “Here recently within the last 45 days manufactures have really stepped in with some huge incentives because most dealers are overstocked and the banks are now starting to loosen up with recreational lending,” says Weithman.

If you are looking to sell dealerships also offer consignment options and will sell your boat for you.

Check out the links below this story to take a look at Robert Fejeran’s boat and also look at the stock at Marine Max.

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