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post #1 of 5 Old 04-24-2006 Thread Starter
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depreciation in value

Last year I have purchased a new 2005 Catalina 36. I am very curious to learn, what the approximate depreciation in value is per year?
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post #2 of 5 Old 04-24-2006
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I don't think you really want to know the answer to this.
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post #3 of 5 Old 04-25-2006 Thread Starter
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I do want to know the answer, as hard as it might be.
Would anyone know? An approximate % of depreciation per year is all I'm looking for. Thanks
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post #4 of 5 Old 04-25-2006
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There is no way to establish a hard scale of depreciation for any boat, but I have heard & read, that a new boat depreciates by 15 to 20 percent of the purchase price in the first year. After that, annual depreciation will run between 6 and 8 percent for up to seven or eight years. At that point, prices tend to stabilize.

Thereafter, depending on the model and the current price of new boats, the resale value could actually start to increase. This is truer with high-end boats, like Oysters, Swans and Hinckleys . . . less so with boats like Catalinas, Hunters & Beneteaus.

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post #5 of 5 Old 04-25-2006
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There are plenty of used Catalinas on www.yachtworld.com. Run a number off, adjust their asking price for differences in equipment, and assume a selling price of 90-95% and you can figure out your answer.
I'd bet TrueBlue's numbers are about right.

FWIW I'd argue the reason that used prices can grow on the higher-end boats as they age, is that these makes are more likely to be maintained and updated, keeping or growing value. The more budget boats get only oil changes and bottom paint, and lose value as the costs of deferred maintenance and upgrades grow...
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