Market Update

National Marine Manufacturers Association released in July 2019 that new powerboat registrations were down 0.4% year-over-year on a rolling 12-month year-over-year (R12M YOY) basis.  New registrations of powerboats 27' and larger were up 4.9% R12M YOY during this time frame. Wake boats, personal watercraft and cruisers led growth overall.  In the shorter term, 3-month trend through July, which typically only represents approximately 11% of the annual sales, NMMA noted that overall powerboat sales were down 2.4% year-over-year.
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    MarineMax Yacht Brokerage Service utilizes the most comprehensive and sophisticated marketing tools that exist in the marine industry. Our cutting-edge technologies provide the widest and most immediate advertising for our listings. Our more than 100 yacht brokers are experience professionals providing personal brokerage services representing buyers and sellers. MarineMax on average lists over 800 brokerage yachts and boats with a team of over 1,600 across the country that includes over 650 service and parts team members to support our owners and their yachting lifestyle. As a result MarineMax sells brokerage boats twice as fast and gets more money for our listings.
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