How to Get Full Value for Your Boat
The annual Market Index report by YachtWorld calculated a 13% increase in brokerage units sold over 2019 with a 21% increase in value. The strong upward trend is also prevalent when examining quarter 4 of 2020: a 19% increase in units sold with a 25% increase in the average sales price. The average used boat transaction in the Mid-Atlantic region has trended even higher, hitting nearly 30% through April 2021.
Used boat prices have increased strongly
through the last two years.
The best way to find out how much your boat is worth is to contact an experienced sales professional who knows the current market. If you are thinking about selling, don’t go it alone. Connect with a proven yacht sales firm that can pair you with an exceptional brand specialist that knows your boat brand best and can market to the ideal audience. The result will be less hassle for you and more money in your pocket after the sale.