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04-14-2008
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Added dollar value question
What is the added dollar cost value of a used sailboat with a generator,davits,A/C, refrigeration, solar, chartplotter? What would it cost to add all of these extras?
Last edited by torrential; 04-14-2008 at 10:27 AM.
Reason: spelling
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04-14-2008
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Quote:
Originally Posted by torrential
What is the added dollar cost value of a used sailboat with a generator,davits,A/C, refrigeration, solar, chartplotter? What would it cost to add all of these extras?
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Torrential,
We would need more information to offer even an educated guess. What type/brand/size/age boat? What quality and how old are the components that were added? Would you be adding them yourself, or hiring out the installation?
As a VERY general rule, the better VALUE usually is a boat that already has these components installed, assuming they were properly spec-ed and installed in the first place, and they are still in good condition with significant service life remaining. Otherwise you could be purchasing a load of junk that has to be removed from the vessel, in which case you'd be better off without.
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Last edited by JohnRPollard; 04-14-2008 at 10:58 AM.
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04-14-2008
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While the cost remains unknown to us, I'd venture that the added value to the boat varies between 25-50% of the cost of the items listed and that's assuming they're relatively new and in good condition. In my opinion, the value of such items is more in the desirability of, and easier sale of, a well outfitted boat versus their intrinsic value.
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04-14-2008
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Typically that equipment will cost in the range of 15-20k installed unless you are talking about a BIG generator or multiple AC systems. In terms of added value to a used boat compared to AVERAGE market value...probably very little as Average boats will typically have many of those things on board and thus their value is already accounted for except for perhaps the generator. Maybe $5k as a ballbark guess.
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04-14-2008
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I agree with what has been said. This kind of thing varies with the size and type of boat and to a lesser extent on the make and model. Of the list, refrigeration and a chart plotter are pretty much expected these days on anything over about 32 feet. The Genset, Solar panels, AC and davits are upgrades on most boats and so would add 25%-30% of their original cost if well installed, and fully operation. But here's the kicker, there are cases where having this 'crap' on board can subtract from the value of the boat. On a small boat these things take up a lot of space and there is rarely adequate capacities to use them fully. Similarly if the boat is performance oriented, the genset, davits, and AC could be seen as a liability as well.
Jeff
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04-14-2008
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Hello,
For me, a generator, A/C, solar panels, and davits would DECREASE the value of the boat. I don't want those things, and would either have to rip them out, or just ignore them.
If you want them, you need to figure out what condition they are in, how old they are, how functional they are, etc.
For example, my second boat was advertised as having a "GPS / Chartplotter." That sounded great, but the unit was a first generation garmin thing. No way to update charts for my area, small monochrome screen, etc. It was practically worthless.
Barry
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04-14-2008
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I'm not sure they would actually 'decrease' the value of a boat, but there are certainly people that don't want them and won't pay more for the boat because they have them. It's certainly my case. Then there are people (like myself) who'd like to be the one to choose the equipment to be installed. Were the PO's choices the same ones you'd make? Second-hand electronics are rarely a good investment...
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04-14-2008
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A different take
If you want them buy the boat with them already on it if you want them even if they all dont work...You will go broke trying to install all thease goodies yourself...People forget that the associated cost of the install is sometimes more then the unit being installed..
From modifying cabinet and trim to electrical , plumbing and thru hulls..etc
Many of theas systems are installed during initial boat construction and running cooling lines additional electrical feeds and reconfiguring cabinetry is very expensive and time consuming issues..Most will be, "like plumbed" with a replacement model if nonrepairable and switching out there of more readily..
Case in piont...cost of Bow thruster 3500.00... cost to install in my boat... an additional 11,000.00...It didnt happen...
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04-14-2008
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That'd be.......$7,899.13.......bought new
Give or take.....
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04-14-2008
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Are you guys actually saying that a 15k generator... or solar panels... or electronics would DECREASE the value you would pay for a boat??? I am not believing what I am reading. That is insane. My solar completely runs my boat, off the hook. How much does that cost you in a slip in electricity every month?? My bill, every month when plugged in was 50-75/month. Now that was with a/c or heating set high, but still.
I cannot believe I read that. Sorry. I don't buy that.
At any rate, here are real numbers you can deal with:
1) Mastervolt 3.5 KW installed: $15,000.
2) Air Conditioner, 16k btu and seperate 12k btu, installed: ~$7,000.
3) Kato Davits, I installed: ~$2000 (I think... been a while, but close enough).
4) Solar Array. This include 4-Kyocera 130W panels, Ouback MX60 MPPT, and solar arch. I installed. ~$6,500.
5) Refrigeration is standard on most boats... I would throw a very wild guess of about $3,000. However, I would not factor that into it unless it was an option. Most boats today it is standard.
6) Chartplotter. The Chartplotter, not installed, is about $1,500 ish by the time you add in wire, etc. That is not an expandable unit. You can check the exact prices on Sailnet or any other outfitter of your choice. However, jumping to an expandable unit (like going from Raymarine C series to E series) is ballpark another grand. This does not include the wind/depth/speed. This does not include radar... about $1,500 for 2kw dome, non-level.
At any rate, those are real numbers and real items. I have tried to tell you the things I am not positive about. In fact, I would not be suprised if the cost of these items have increased due to inflation... but I have not checked and have no interest in doing so.
If this is to sell your boat, plan on losing about 1/2 the value... ballpark. However, it all depends on how the boat was kept and size, etc.
Regarding being something that decreases value, I find that rediculous. Maybe if you put all that crap on a Sunfish??? But if you can get all that stuff for free or at a good deal and you think it is junk - you can rip it out and sell it for good money.
- CD
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