August Boat Sales in Double Digit Gains

After a disappointing month for boat sales in July, numbers have turned up sharply in August, rising 12.5 percent to 10,292 in main powerboat segments and 11.8 percent to 17,411 industry wide. All of the industry’s high-volume segments rose by double digits in August, as the weather stayed warm throughout the month.

“This is really positive for the selling season that we’re still seeing double-digit growth,” Statistical Surveys Director Ryan Kloppe said. The strong numbers in August pushed the sales gain for the year to 5.2 percent in the main segments and 4.9 percent industry-wide, closer to the 6 percent increase or better that was forecasted for the industry this year.

Sales of 11 to 50 foot fiberglass outboards, the highest volume category within the main segments, rose 10.3 percent to 3,481. Sales of aluminum pontoon boats, one of the industry’s strongest categories since the end of the recession, climbed 12.2 percent to 2,797. Florida led all states in sales with 2,804, followed by Texas at 2,434, California at 1,576, Michigan at 1,410 and South Carolina at 1,144.

If you are interested in being part of these increasing boat sales numbers and buy a boat, please contact Ballast Point Yachts, Inc. for all of your boating needs. We offer yacht sales, service, insurance, financing, transport and more!


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