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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! |
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