Pondering the price of a Sealine

[U4]

Prior to the recent and sad chain of events at Sealine, it was suggested to me that my SC35 (which I love and have no intention of selling in the near term) would probably be devalued rather quickly due to the significant success the model had achieved. Come time to sell, the shear number of boats being built would result in lots and lots being available on brokerage and therefore drive down the price.

It seemed to me like a fair point….

My confusion is that there now seems to be the opinion on here that the price of sealines are going to take a bit of a hit due to the company being no more. Why would they not become more valuable? With no more being made then surely the above suggestion flips in to the fact that it is a rarer product and therefore resale prices would become stronger?

I understand the you may get a great price on a stock boat due to the warrantee. But out of warrantee boats, why wouldn't the residual value be pretty strong?

 

[PCUK]

Sounds like total BS to me - carry on enjoying your boat!

 

[grumpy_o_g]

Sounds like total BS to me - carry on enjoying your boat!

Yep, if the model is popular and the supply of new is removed surely the price would rise if anything. Let's face it, if the builder being in business was a major factor in price there's be an awful lot of very cheap boats around. Looking at another successful british builder witha populat model the Westerly range and the Centaur in particular have probably held their price better than most other makes over the years. Same for Moody.

 

[Portofino]

You are getting into a muddle and worrying too much . This is because you are semmingly starting to use everyday buisness principles ( with regards to boat value ) for basically a hobby and an extravagant hobby at that .
If you start going down that road then moboing makes no sence.
SC 35 is , sorry - was one of there best designs ,extrapolating that to future residuals I would have thought once all fuss is over the market will calm down . IE normal trading values neither stronger or weaker .
As above " carry on enjoying your boat"

 

[volvopaul]

Dan , please try to sleep at night, I'd say values won't change as there a great boat, if no one makes them again there sure to hold the value,people will pay the price for an sc35 if they really want one.

The only way you may get a cheap sealine is from the administrators.

 

[U4]

Bugger, I was hoping everyone was about to tell me that (due to impending rarity of the model) I had made a brilliant investment and that my boat was going to increase in value over time

 

[Momac]

It would seem probable that your SC35 is now in the same position as the SC29.
The SC29 was a popular boat and appears to have enjoyed low depreciation since production was halted.

 

[No Regrets]

I wouldn't worry. Might be a blip, but if people like the boat, they will buy it.

 

[andy59]

Its now a collectors item , get a box for it , pop it in the loft and in 50 years it will be worth a fortune

 

[volvopaul]

Its now a collectors item , get a box for it , pop it in the loft and in 50 years it will be worth a fortune

Bit like my first mobile phone, Motorola 8800x, worth a mint to those retro collectors.

 

[U4]

Bit like my first mobile phone, Motorola 8800x, worth a mint to those retro collectors.

 

[Whitelighter]

I don't think the value will be affected either way by much. They were very resilient for the first couple of years but just recently there have been quite a few dropping from a consistent £160-£170k for 08 boats down to £120k-£130k, not huge numbers at that price but it shows where you gave to be to attract a buyer.

In the short term the availability of distress sale stock boats will ultimately reduce the value of recently purchased boats (2011-2013 ish) but long term I expect values will hold up.