Key Takeaways: Boats depreciate faster than cars in the first five years – Expect a 20-30% drop in year one alone.New boats lose the most value upfront, while well-maintained used boats hold value better.Different boat types depreciate at different rates – High-end brands and saltwater boats depreciate differently.Regular maintenance and upgrades can slow depreciation and increase resale value. Understanding Boat...

Key Takeaways: Fall and Winter Offer the Best Deals – Prices drop as demand slows down, making it a great time to negotiate.Boat Shows in Early Spring Can Provide Discounts – Manufacturers and dealers often launch special promotions.Summer is the Worst Time to Buy – Peak demand drives prices up, making it harder to find deals.Consider Regional Factors – In...

In a move that promises to revolutionize the boating experience for a wider audience, Volvo Penta has announced the expansion of its innovative Assisted Docking system to more boaters. This cutting-edge technology, which was initially introduced for larger vessels, is now being made available to a broader range of boat sizes and models. The expansion underscores Volvo Penta’s commitment to...

In a significant move that underscores its commitment to customer satisfaction and product reliability, Volvo Penta has announced the extension of its global marine warranty to three years. This groundbreaking decision, effective from January 2025, is set to redefine industry standards and reinforce Volvo Penta’s position as a leader in the marine propulsion and engine market. The extended warranty applies...

The boating industry has experienced significant fluctuations in recent years, influenced by factors such as the COVID-19 pandemic, economic conditions, and shifting consumer preferences. As we look ahead to 2025, understanding the forecasted trends in boat prices is essential for manufacturers, dealers, and potential buyers. This article provides an in-depth analysis of anticipated boat price movements, supported by current data...