Value of electronics on a used boat? - SailNet Community
 
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post #1 of 3 Old 02-10-2002 Thread Starter
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Value of electronics on a used boat?

I found what looks to be a wonderful boat 1986 Sweden 34.

The boat is listed at McMichaels in Mamaroneck, NY. http://www.mcmichaelyachtbrokers.com/

The boat shows good amount of wear on the teak deck. Broker said it would take $3-5K to fix up the deck if I am looking for perfection. Otherwise it is in good condition. (I have not had it surveyed yet.)
It was sailed for a few years by a couple in a carribean.

Sweeden 34 looks to be a great boat and the layout works great for me (I was acutally looking at bigger boats but never quite liked anything so much)

The boat has an long list of electronics Alpha 3000 autopilot, Furuno radar & loran, Northstar 951X GPS, weather fax, B&G Datalink2 instruments, B&G Hecta Hornet speed & distance log. Also, Heart Interface Link 1000 charger/inverter.

Some of these will be of little if any use to me cruising in Long Island Sound and further up north. I have no intentions take the boat offshore in the forseeable future.

While I think that asking 80K is high, I am not sure how much value should be placed on these electronics.

I would like to buy this boat and muling over the ultimate price I am willing to pay.

Any input from the gadget gurus as well as opinions on the boat itself would be appreciated.

P.S. Oddly engine specs have no hours and sails have no year. I was slightly too enamored while seeing the boat to ask many questions, but, now a morning after, I am getting a full list of questions to e-mail to the broker.
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post #2 of 3 Old 02-10-2002
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Value of electronics on a used boat?

Depending on their age, electronics are typically thought of as having about 1/3 to 1/2 of their replacement value. Well made electronics typically will last about 10 years before they need a rebuild that is pretty close to the cost of the original equipment. I normally consider them to depreciate over a 7 year or so lifecycle retaining about 15% of their value if they are workning and more than 7 or so years old. This is partially based on my sense that there has been a big improvement in newer electronics in LED visibilty, reliability and features.

The Sweden Yachts were marketed to be equivelient to slightly lower priced Baltics. The are reasonably nice boats. I would say, that a boat with teak decks are a deal breaker for me in that they are way too much maintenance and eventually they will need a huge amount of maintenance to restore the deck and substrates.

Jeff
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post #3 of 3 Old 02-11-2002
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Value of electronics on a used boat?

I agree with Jeff; given the pace of innovation and such, old(er) electronics don''t have alot of scrap value. I looked at several boats with teak decks that "needed a little bit of work." You are looking at $500-$1000 per foot of boat length to replace the teak and any fiberglass damage beneath. Also, I have found that McMichael''s prices, in general, are quite high. Good luck.
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