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Paul L
 
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Default Prices on used boats

I'm sure you've done a lot more research on this than I have, but my brief
look at prices over the last 2 years says they are down a fair amount.

Paul
"Skip Gundlach" wrote in message
nk.net...
A while back there were several threads on values of used boats. It was

the
strong assertion of various posters that boats under 45' and of mature age
would be virtually worthless - to the effect that whatever you bought it
for, when you went to sell it, it would be worth half that.

I'm of very mixed mind on this matter, as I've found just the opposite.

Any
of you following my search know that I'm looking at that type of boat, and
in the 'do you know this boat' thread, I've received several replies which
have exposed us to boats we'd not known about.

In an effort to get to know these, all very minimally available in the

usual
YachtWorld universe, I've done a lot of searching, and unearthed various
reviews from '95 to '99 or so. Most of them were helpful in understanding
the type of boat, but very tellingly, and the point of this post, they

also
had "well equipped and good examples of this boat's selling prices range"s
quoted which were *under* any I'd found available today.

That suggests to me that either Cruising World, Good Old Boat, and the

like,
are badly misinformed (at the time) or that prices are actually rising,
rather than falling.

That's good news as a trend for when we eventually go to sell our boat
(presumably more than 20 years down the road, so I'm certain that the

20-30
year old boat we'll buy will be priced exclusively on condition and
equipment, the full normal depreciation having been achieved some time
before). I've even seen some of the boats we've been looking at in real
time (current experience) have price increases, and in one particular

case,
selling at the prior asking price. The bad news is the suggestion that

it's
going to cost more currently than, say, 4-8 years ago, for the same boat
type.

What's been everyone else' experience?? If we don't find a boat soon,

will
it cost us 10%, or something bigger, more, later?

L8R

Skip and Lydia, still looking, and appreciative of leads already and yet

to
be received!