Boat Buying Frenzy Across U.S.
From all over the country, we are now getting reports that a boat buying frenzy is playing out at many dealerships. From runabouts and center consoles to large express and flybridge cruisers and motoryachts, boats are selling at a fast pace, and many dealers are running out of inventory. Builders of large boats in the $1 to $2 million range report that nationwide inventory is often in single digits, and in some cases only a couple of boats are available for immediate delivery. One financial institution is saying its boat loan business is up 31%. BoatTEST has seen a huge spike in boat research on its website, something echoed by virtually all major online classified services. Read all about it…