Trivia Answer

41.61%

The growth in average value of 56-79’ boats from 2019 to 2022.

Boat values exploded during Covid, destroying the standard inflation rate by miles. This is likely due to the high new build demand, low cost of financing and the overwhelming interest in boating as one of the only available outdoor activities during lock downs. Prices have since dipped slightly, but its still a blood bath out there compared to MSRP levels 5 years ago.

Change in boat values, by size
<26’: 56.15%
26-35’: 49.56%
36-45’: 41.56%
46-55’: 30.34%
56-79’: 41.61%
80’+: -21.98%

Data provided by Boats Group.