By Jim Hendricks.
According to the Chicago-based National Marine Manufacturers Association, traditional powerboat sales reached a 13-year high in 2020. More than 310,000 new powerboats were sold, levels the recreational boat market has not seen since before the Great Recession in 2008.
Data from Lending Tree reinforces the NMMA’s findings. “Interest in boat purchases doubled between 2019 and 2020,” says the internet-based lending firm. “The number of consumers completing boat-purchase query forms rose 104 percent year over year.”
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