Tariff uncertainty contributes to sinking boat registrations
Marine auction faced 10% to 20% drop in conversions YoY
Boat registrations and auction conversion rates dropped year over year in May, with dealers and lenders pointing to market uncertainty, high interest rates and gloomier weather. The price to book, or the minimum amount a seller is willing to accept at auction, and auction conversion, or what percent of every 1,000 boats at auction sell, […]
Already subscribed? Log in
