Many issues here. The big jump in new boater numbers during the pandemic has likely leveled off. Are those people deciding the boating sports aren't as exciting as they thought? In many cases, whether dealer or private sale, you can't sell a boat if the new owner doesn't have a place to store it. Some dealers won't provide summer slips if you don't use them for winter storage too, etc. etc. Even if a marina can build more rack/valet space, there's a saturation point, as with trailers, as to how many boats can all be ready at the same time on Saturday morning. It's not all prices and interest rates. This is a complicated market.
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