Price of secondhand boat

[youen]

why are the price of a second hand boat so high.I note that the price of a 6 years old boat is quite the same and sometimes higher than the asking price 3 or 4 years before for the same type of boat.

 

[Channel Ribs]

why are the price of a second hand boat so high.I note that the price of a 6 years old boat is quite the same and sometimes higher than the asking price 3 or 4 years before for the same type of boat.

Can you give an example?

 

[bendyone]

Because if it's the right make of boat they hold the value well.

 

[tom52]

The cost of the kit on a well equiped boat will be £10K+.
Radar, eberspacher, plotter, tender and outboard, rope cutter,radio, tridata, ais, warps, kedge, windlass,H&C water, shower, holding tank, shore power, charger, fridge, etc., etc.,etc.
So, simple price comparisons are misleading.

 

[tim_ber]

Make an offer

why are the price of a second hand boat so high.I note that the price of a 6 years old boat is quite the same and sometimes higher than the asking price 3 or 4 years before for the same type of boat.

All the above responses are ture, but you could make an offer an see what happens?

 

[MrCramp]

Just because they are asking loads of money dosn't mean they will get it. It is a buyers market. Only exceptions would be very good boats with engines less than five years old.

 

[KristiferColumbus]

why are the price of a second hand boat so high.I note that the price of a 6 years old boat is quite the same and sometimes higher than the asking price 3 or 4 years before for the same type of boat.

I can only think that they become maturer & resistant to barnacles.

 

[Koeketiene]

There's more to it than just asking price - there's upgrades, kit, general appearance of the boat.

Four years ago we put our boat on the market - Etap 38i 1990. She had recent/new sails/electronics/engine/electrics... asking price 75K

At the same time, there was another 1990 Etap 38i on the market just a few miles down the road - everything still original - asking price 65K.

We sold after 4 months for 69K - the other boat sold 2 years later for 45K.

There's more to it than just year, make and model.