Join Date: Jul 2007
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A couple of years ago I was interested in prices of sailboats between 37í and 40í made between 1980 to 2002, and particularly in what cost what, and where.
First thought (naturally enough??) was to consider buying locally, but then - given the large amount of info on the internet - the whole world beckoned. I rather liked the idea of sailing anything suitable from anywhere to anywhere.
So I downloaded details on about 2000 yachts from yachtworld.com and did a statistical analysis (factorial regression with about 120 parameters if anyone interested) to try to evaluate the effects of location (East USA, BVI, Spain, Croatia etc) and of boat design/make (Shannon, Najad, Beneteau, Hunter, Moody etc) on brokersí yachtworld asking prices. Also took account of length and age of boat.
Results I guess were interesting enough. The bigger and newer boats obviously had higher asking prices. The models with highest asking prices out of those I considered were Hallberg-Rassy, Nauticat and Najad. Lowest asking prices for Bavaria, Roberts and Elan. About 40 other models in between these.
Average price all for boats on the download list was $150,000US. Average for Hallberg-Rassy was $280,000 and for Bavaria $80,000. Most expensive areas were Germany, Sweden and Australia/NZ. Cheapest were Caribbean and eastern Med. viz. the main charter areas.
Other effects on asking prices not taken account of by this are tax, boat maintenance and equipment etc. Personally Iíd rather use my own judgment to assess these rather than statistical analysis.
Addressing what seem to be major points of this thread, I reckon that brokers seemed (at least in August 2007) to be asking an average of about $25,000 more for otherwise comparable boats in Canada than they did in the US. Also, it would be easy enough, although I havenít done it, to do a similar exercise today to see how or if Yachtworld asking prices have changed, up or down, over the past two years.
I tried posting a bit of this stuff (for general info) once before but SD didnít seem to like it very much. Better luck this time maybe?