Why New Jersey boat sales are off the charts
A couple of years ago, a friend and I went to the Atlantic City In-Water Boat Show. It's an annual event that draws thousands to the AC Marina to check out and board boats that most of us can't afford, but somebody is buying them. And buying them in record numbers.
Boat manufacturers can't keep up with the demand and orders are several months if not a year out.
During the pandemic, people were looking for activities they could do in their own circle or family. So "let's buy a boat!" Subsequently, used boats are at a premium as well.
Knowing we weren't going to buy a boat, we decided to see what we were missing out on at the AC boat show.
The 2021 Atlantic City In-Water Boat Show
One of the vendors there told me to look for the glut of used boats on the market in about three years. That's either when we'll get back to more normal life or when people realize boats are also expensive to keep.
The post above reflects the thoughts and observations of New Jersey 101.5 talk show host Dennis Malloy. Any opinions expressed are Dennis Malloy's own.