SailNet Community - View Single Post - Average devaluation on sailboat...
View Single Post
  #11  
Old 09-17-2009
NCC320 NCC320 is offline
Senior Member
 
Join Date: Dec 2008
Location: North Carolina
Posts: 583
Thanks: 0
Thanked 2 Times in 2 Posts
Rep Power: 6
NCC320 is on a distinguished road
There are so many variables, each case is going to be different. I bought a 24' Venture new in 1971 for $4500, kept it for 5 years and sold it for $5000.
I bought a 28' Kells new in 1976 for about $17,000, sold it 22 years later for $7500 (it needed some interior work, not rebuild, but replace some deterioated wood). Finally, I now own a 2000 Catalina 320, purchased new at $80,000 and from the resale lists, it would bring $65,000 - $75,000 today (It's in like new condition and I plan to keep it for a long time). A new 2009 model with same equipment would be about $140,000 (I guess). A lot depends on how you take care of it in those 10 yrs. and whether it is a popular design that will hold it's value.
Reply With Quote Share with Facebook