depreciation in value - SailNet Community

   Search Sailnet:

 forums  store  


Quick Menu
Forums           
Articles          
Galleries        
Boat Reviews  
Classifieds     
Search SailNet 
Boat Search (new)

Shop the
SailNet Store
Anchor Locker
Boatbuilding & Repair
Charts
Clothing
Electrical
Electronics
Engine
Hatches and Portlights
Interior And Galley
Maintenance
Marine Electronics
Navigation
Other Items
Plumbing and Pumps
Rigging
Safety
Sailing Hardware
Trailer & Watersports
Clearance Items

Advertise Here






Go Back   SailNet Community > General Interest > General Discussion (sailing related)
 Not a Member? 


Reply
 
LinkBack Thread Tools
  #1  
Old 04-24-2006
Member
 
Join Date: Oct 2004
Posts: 62
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
ddilman is an unknown quantity at this point
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?
Reply With Quote Share with Facebook
  #2  
Old 04-24-2006
sailingdog's Avatar
Telstar 28
 
Join Date: Mar 2006
Location: New England
Posts: 43,291
Thanks: 0
Thanked 9 Times in 9 Posts
Rep Power: 13
sailingdog is just really nice sailingdog is just really nice sailingdog is just really nice sailingdog is just really nice sailingdog is just really nice
I don't think you really want to know the answer to this.
Reply With Quote Share with Facebook
  #3  
Old 04-25-2006
Member
 
Join Date: Oct 2004
Posts: 62
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
ddilman is an unknown quantity at this point
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
Reply With Quote Share with Facebook
  #4  
Old 04-25-2006
TrueBlue's Avatar
Señor Member
 
Join Date: Oct 2004
Location: Narragansett Bay
Posts: 4,853
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 12
TrueBlue is a jewel in the rough TrueBlue is a jewel in the rough TrueBlue is a jewel in the rough
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.
__________________
True Blue . . .
sold the Nauticat
Reply With Quote Share with Facebook
  #5  
Old 04-25-2006
ASA and PSIA Instructor
 
Join Date: Apr 2000
Posts: 3,434
Thanks: 6
Thanked 16 Times in 16 Posts
Rep Power: 15
sailingfool will become famous soon enough
DDilman
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...
Reply With Quote Share with Facebook
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

 
Posting Rules
You may post new threads
You may post replies
You may post attachments
You may edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



All times are GMT -4. The time now is 09:59 AM.

Add to My Yahoo!         
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1
(c) Marine.com LLC 2000-2012

The SailNet.com store is owned and operated by a company independent of the SailNet.com forum. You are now leaving the SailNet forum. Click OK to continue or Cancel to return to the SailNet forum.