Skip to main content
Publish date:

Boat Sales and Fraud


With boatbuilders forecasting production backlogs lasting well into 2022, many buyers are turning to the preowned market. However, that market has been flooded with damaged, and in some cases stolen, boats, according to Grant Brooks, the founder and CEO of Boat History Report.

Brooks said in a statement that there has been a 123 percent spike in fraud since the Covid buying spree began. Boat History Report helps buyers avoid some of the potential pitfalls of buying a preowned boat, including hidden damage.

“Some possible explanations for the fraud include significant decline in available boats, leading to a greater sense of urgency in acquiring any boat that may be available,” Brooks said in the statement. “Additionally, as we continue with hurricane season, more and more hurricane-damaged boats are being picked up, cleaned up and put on the market quickly before a higher level of damage presents itself.”

Boat History Report has amassed 120 million unique records and more than 1.4 million “negative events” to inform buyers about potential boat purchases.

“Our service gives potential buyers an extra level of protection and peace of mind because we’re able to pull verified information from our database comprised of hundreds of public and private nationwide data sources,” Brooks said.


AIM Marine Group Hosts Meet the Editors Event

More than a dozen editors from Active Interest Media’s Marine Group participated in the day-long, information-sharing event.

Fairline Makes Leadership Appointments

The British luxury boatbuilder founded plans to chart its course for the future with a new CEO and the return of Derek Carter as chairman.

Battle on the Great Lakes Rages On

The Icebreaker Wind Turbine Development faces strong headwinds from boating and fishing groups.

Limestone Boat Co. Expands Dealer Network

The company adds four new dealers to its roster, with three to represent Aquasport Boats.

NMEA Announces ‘22 Training Course Schedule

For next year, marine training courses will be offered as virtual and in-person sessions for basic marine electronics installers, and in-person only for advanced installers.

GM Invests $150M in Electric Boat Start-Up

General Motors has acquired a 25-percent stake in Pure Watercraft, a Seattle-based e-propulsion outfit.

Patrick Acquires Marine and RV Seating Maker

The Elkhart, Ind.-based component manufacturer finalized its purchase of Williamsburg Marine and Williamsburg Furniture.