Nov '23 Used Boat Index - the big cleanup!
The Used Boat Index Inventory keeps growing. November 1st showed a huge "cleanup" but inventory is still increasing. Other luxury markets are crashing hard
This month is showing a few trends. Inventory keeps growing. Last year we had a small “drop” in advertised inventory around November 1st. The behaviour repeated this year but with much more impact across ALL the big boat advertising sites. And not only the ones in the same “ownership group” like Yacht World and Boats.com. It was almost everywhere! The drop was quite large as you can see on the…
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