If there were "must have" options that I really really wanted but were not available on stock boats or second hand boats (e.g. leopard skin with purple upholstery) and that were hard to retrofit, I would order a new one.
Results 11 to 19 of 19
06-09-11, 20:24 #11
06-09-11, 22:05 #12
06-09-11, 22:54 #13Registered User
- Join Date
- Nov 2007
07-09-11, 00:28 #14
Dont think depreciation comes into it much. I've got all the bills since my boat was new.
For a few years it actually went up in price, then stabalised, but still more than new.
That was up to ten years ago and the price has been stable till a couple of years ago.
Prices now seem to be dropping like a stone.
I'm just looking for a reasonable asking price.
07-09-11, 00:35 #15
I'm not unhappy with S28 depreciation, maybe £20k or so over six years.
That, I can live with.
But, £30k per year ???
07-09-11, 08:07 #16Registered User
Location : UK
- Join Date
- Aug 2007
Just had a thought.....
It's worse than £30k a year, we are comparing two buying prices, the second one should be what the owner sold the boat for.
07-09-11, 08:09 #17Registered User
Location : Worcestershire/Pembrokeshire
- Join Date
- May 2001
FlowerPower (e.g. leopard skin with purple upholstery)
rings a bell... perhaps some of the older members might remember
07-09-11, 09:10 #18
Depends what you consider as depreciation I suppose.
I was recently offered broadly what I paid for my boat, so arguably i'd have seen no depreciation during 4 yrs ownership. However, money is worth less now through inflation, and if i'd have stuck the money in the bank 4 years ago i'd have got maybe 12% after tax during that 4 yrs, so arguably it has depreciated 12%. If I sold it though, I'd want to buy a replacement, and to buy the equivalent boat of the same age (at time of purchase) i'd be looking at maybe 30% more because new boat prices have rocketed, so arguably it has depreciated 25%.
The last measure is most relevant to me, so I kept the boat
07-09-11, 09:14 #19
We bought our 2004 Sealine F37 in 2007 and sold it this year. In pounds we lost 9% in four years, which is not at all bad (if talking about euros, we lost a lot more of course, but that's a somewhat different story).
We've been searching for a new slightly bigger three cabin boat, but I've been amazed by the depreciation of some of the models we've looked at. I need to gather some statistics to get better understanding on this before jumping to conclusions.