What is the 2023 boat buyers guide?

Welcome to Boating ’s 2023 Boat Buyers Guide! Our team produces this guide annually to serve you as you prepare to buy your next (or first) boat. Knowledge of a boat’s performance ranks as a key factor that provides confidence to buyers, whether at a boat show or in the dealer’s showroom. Boating editors rate as a top source for this information.

Will the boat market crash in 2023 & 2024?

Several key factors will determine when or if the boat market will crash or remain high in 2023 and 2024: Supply Chain Issues – Shortages of materials like fiberglass along with labor shortages have constrained production. As supply chain problems persist, boat prices will stay elevated.

Are boat prices going up in 2021?

In the two-year period from 2019 to 2021 boat prices jumped 20% overall with inboard cruisers, the largest boat category, increasing 32.8% for the period. On average, boat prices increased another 10% in 2022, so the question begs, where are boat prices going this year?

Will boat sales slow down in 2022 or 2023?

You’re not likely to see this kind of dealer reaction if boat sales slow-down occur in 2022 or 2023. As we often say, no one needs a boat except a drowning man. For that reason, boat sales of all sizes are sensitive to every ripple in the economy.