MIAMI, Oct. 5, 2022 /PRNewswire/ -- Even with surging prices at the pump and inflation rates hitting a 40-year high, private boat sellers are optimistic about the overall boat market and plan to increase their spending in the recreational boating industry. In a new survey conducted by Boat Trader, America's largest boating marketplace, 39% of sellers on its For Sale By Owner (FSBO) platform reported that they are listing with the intention of a vessel upgrade and 18% stated they expect to sell their boat for a considerable amount. 
However, Boat Trader's private seller survey results convey boaters are not necessarily leaving their on-the-water lifestyle and are less unsettled by a looming recession.
- "Private sellers are very much aware of the current boat market conditions and it's exciting to see their commitment to a lifestyle on the water has sustained."
- Boat values soared to a record high during the pandemic, with the average global boat value 29% higher than pre-pandemic levels.
- Boat Trader reaches more than 9 million online boat shoppers and delivers over 170,000 leads each month to its sellers.