Added dollar value question

[buckeyesailor]

It appears my numbers might be off a bit.....

I was thinking a relatively small boat.....22' - 30'. with carry ons.....

[Cruisingdad]

Mine are on a 40 boat, real numbers, as of 2006. The davits were 2006. The generator 2005 - but I quoted the install, boat show price for a MV 3.5 that I saw last boat show. The ac(s) are 2005. The electronics 2006. The solar 2007.

I think that covers everything. It would help if we knew what boat we wree dicussing.

- CD

[JohnRPollard]

Originally Posted by Cruisingdad

.....

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

CD,

I think your description validates the point a lot of us were trying to make, i.e. it depends on the boat and the quality and condition of the equipment. On your nearly new Catalina 400, the quality components you installed to a professional standard certainly would add a fair bit of value. Likewise on a quality blue-water boat, even if it was 10-20 years old.

But if you had taken the same gear and put it on a 1962 home-built one-off that had long ago exceeded its service life, then they would not add a great deal to the "book value" of the boat. Somewhere along the sliding scale between that old one-off and your new boat are thousands of production and custom boats of various age and condition for which the answer to the OP's original question absent further information can only be "it depends".

[camaraderie]

Cd...you got taken!!

[Cruisingdad]

Originally Posted by JohnRPollard

CD,

I think your description validates the point a lot of us were trying to make, i.e. it depends on the boat and the quality and condition of the equipment. On your nearly new Catalina 400, the quality components you installed to a professional standard certainly would add a fair bit of value. Likewise on a quality blue-water boat, even if it was 10-20 years old.

But if you had taken the same gear and put it on a 1962 home-built one-off that had long ago exceeded its service life, then they would not add a great deal to the "book value" of the boat. Somewhere along the sliding scale between that old one-off and your new boat are thousands of production and custom boats of various age and condition for which the answer to the OP's original question absent further information can only be "it depends".

It is a terribly difficult question to answer... I agree. All of these items will vary in value... even between boats of the same year. For example, if you order a electric head (just using an example) from Catalina before layup, they factor that in and the cost might be more "reasonable". Wait until it gets to the dealer, and you have to pull wire, etc... and that cost difference might be a lot more. DO it yourself... depends on the installer. There are people (even pro installers) that I would not let plug in a lamp on my boat, much less put in something remotely complicated.

My boat was bought new, so these are values from a new boat purchase. But just FYI... I am very picky on my installs if I do not do it (drive them freaking crazy... but for good reason), so my installs might have been higher than the average Joe, but not much.

However, to say that these would take away from the value of a boat I dissagree with, totally, unless they are not working (and cannot be repaired) or VASTLY outdated. If your generator runs, it is worth something. A diesel gen is very expensive. I am sure Cam can attest to this, but there are many cruisers without them. However, not sure I ever met one who would have said, "I sure do wish I would have never put my generator in.. or this crappy old air conditioner that keeps me cool when it is 95 outside and raining!!!!"

Yeah, that really sucks, eh?? (smile).

- CD

[Cruisingdad]

Originally Posted by camaraderie

Cd...you got taken!!

Bite me!!!!!

- CD

[sailaway21]

I think the CruisingDadio is improperly exercised to no good purpose. I received the impression that those who found such additions of no value were speaking of their intended usage of a boat. For instance; if you're coastal cruising it's quite possible that you might not want to haul the weight of a gen-set around with you for the few times you'd use it. On the other hand; if you're looking to have a Catalina cat-house that never leaves the dock many of these options may add value to the boat in the buyer's eye, although I did not see the solar powered disco ball mentioned, and CD left his expenditures on his off his list.

[artbyjody]

I do not think all the additional equipment really gives a boat value (in monetary speak), it does allow a boat to stand out amongst that may not have it - but unless someone buying the boat wants it loaded out - and the gear is relatively new - maybe. For the average buyer - the average price of a boat being sold is going to be that of what is typically listed of comparable models.

For instance, on my Barberis - the actual lack of electronic goodies made the boat more attractive to me because all the garmin gear is not what I prefer and I have all my Raymarine investment from my C-27 going in. Did it make the boat worth less? Nah. Had it had all newer electronics - I still would of went based on average resale listing of the boat.

It kinda goes like this for every $1000 you spend on extra gear, you might be able to recoup 100 of it if lucky if its newly installed. As the age of the equipment increases that 100 goes down percentages....thats why they call it boat money....

[JohnRPollard]

Another good example comes from last time we bought a boat. One boat we looked at (identical model to the one we ended up buying) was equipped with an expensive wind vane. I neither wanted nor needed it, and would have had to remove it, sell it, patch-up all the holes in the transom, then re-mount the swim ladder (which had been altered) to its original position. I viewed that as a lot of aggravation, so that particular piece of expensive equipment was not a plus to me.

[sailaway21]

Understood, John. If you gussy those Catalina's up to look like a Klingon warship though, the Trekkie's go ga-ga at resale time. Once they see the solar shields they forget all about the sails!