Join Date: Sep 2006
Location: Yeocomico River, VA
Thanked 19 Times in 15 Posts
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Re: Price of boats... Wow!!!
In 1977, my mom and dad purchased a new Catalina 30 for $35000. In today's dollars that's about $133,300. The current price of $170k for a slightly larger Catalina is negotiable, figure a $10k reduction to $160k which is in family with the 1977 price.
The fact is that sailboats only comprise 10% of the boat market so I suspect that scale isn't much of a factor even for the "large" manufacturers. The reality is that boats are largely hand built luxury items. Always have been and always will.
The biggest difference that I see today is that many owners see boats as second homes and finance accordingly. While there is nothing inherently wrong with judicious financing, 90+% financing for a boat is not a great idea IMO.
With all that said, I doubt that I would buy a new boat (or car), the numbers just don't work for me when depreciation is factored. But I'm grateful for new boat (and car) buyers.
Sabre 38 "Victoria"