Meteoric Centaur Inflation

[Bajansailor]

There was a thread on here recently discussing depreciation of boats - here is an excellent example of why it is simply good sense to invest money in a boat.
The Westerly advertisement copied below is taken from the September 1970 issue of Yachting World.
Suppose you had bought a car in 1970 for GBP 2,660, where would it be today?
Probably recycled into re-bars stiffening a skyscraper somewhere.....
But if you had bought a Centaur, I am sure that she would still be going strong, in fine condition, giving her Owners endless sailing pleasure and enjoyment - and she would probably be worth at least 5 times what you had paid for her originally!

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[waterboy]

Too right. I got 13K for my Centaur. OK it had radar.

 

[Wunja]

Shhhhh!

I'm negotiating for one now, don't want the price to up.....

They seem to have stretched over time too. Now seem to be 27'.

Vince.

 

[Slow_boat]

One thing that amazed me when I came back into sailing a few years ago was that we used to reckon that a decent yacht would cost about a grand a foot in the late 70's and the same boat would still be worth about a grand a foot.

It would appear that Centaurs, and my Macwester 26, beat that!

I suppose that in 1970, a Centaur would cost the best part of a years wages for a working man. So they're cheaper now!

 

[Perry]

Anyone seen a Centaur called Eos about, she is quite rare as she has wheel steering.

 

[Kurrawong_Kid]

But if you take inflation into account the gain is not so impressive! The price of boats rose sharply throughout the 70's because of the oil price rises and that is probably why this appears such a capital gain. I usually reckon that a boat built from 1980 onwards is sold for what about it originally cost, but of course the value of money goes down by about 2.5% a year so you lose out, but nowhere nearly as bad as cars.

 

[Slow_boat]

I'm surprised how relatively cheap everything from boats to cars to guitars to food is these days. Everything except fuel, in fact. (Including houses)

 

[Malish]

just what do they mean by 'streamlined space'

 

[steve_cronin]

Wheel steered Centaur.

I've seen one around in the Ionian somewhere. Kuioni as I remember.

Steve cronin