The Minnesota boat buying market and pricing for boats, which went off the charts during the COVID pandemic, is returning to normal. Boat demand in Minnesota also decreased with the big increase in loan rates. Bottom line, Minnesota boat sales and boat prices have cooled off a bit. The pandemic rose prices 20% and higher in our opinion. Today, you can expect to negotiate hard with a Minnesota seller. Dealers are not selling as many boats today, the number of buyers decreased, and inventory is stacking up, so we grade Minnesota as an A for a time to buy.
Tip: Winter is the best time to find your best deal in Minnesota. The boating season is dead, boat sales are slow, and many owners do not want to pay storage fees or winterizing expenses.
Buying Report Card: A
Sellin