secondhand value question

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tcm

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right, so how much does anyone reckon they'd pay for a lightly-used two year old boat from June 2005 as a percenage of full current list if boat was to be bought jan 2007? No, not mine, which is much older, a er friend.

10% is what you might get anyway...so bit more than that. This isn't what to ask - it's what to pay.
 
Different brands depreciate at much different rates, there is a huge range; some drop very little and some like stones.

Give us a morsel of more info?.... /forums/images/graemlins/confused.gif

[edit] Your not going to are you? This is the ex-demo boat that you wont admit to. Tisk. /forums/images/graemlins/tongue.gif
 
Lots of variables here. Lets assume its a volume production boat. RSP £500k. Many on the market, not prepared for next season. £25k of electrics and options - UK spec. I was once told you lose the Vat the day you take it out of the showroom.
Then a couple of years depreciation. 30% less the full price? That would be about £370k.

If I wanted it my money would start around £350k. Perhaps £325k as end of season. But then, if I really really wanted it?????

But then what do I know. Only bought 2 s/h boats before. When you look at advertised prices, theres many that are close to what could have been the price paid (okay without £20k of extras) 2 years on, assuming a nice little discount.

I'll watch this thread with interest.....

ItS
 
OK here's a guess

Say the 2005 boat listed at £110 but actually cost £100 and loses 10% in 2005 and a further 5% in 2006 so that means its value is £85.50

Say that list price has gone up 5% pa so that means 2007 list is £110 + 5% + 5% = £121

So value of 2005 boat as a % of 2007 list = 85.5/121 = 71%

Probably bollox
 
Oooh bigum question, if say 50' Brit fly prob 75% of current list, something like Azimut 80%, a retti 85% and if a slight tweak of the spelling of a certain brand of vodka 100% /forums/images/graemlins/grin.gif

Very hard to tell unless you give us a clue to brand and model.
 
A keel 'tis a clue /forums/images/graemlins/grin.gif

He is going back to the darkside OB1

cheers Joe
 
Oooh I reckon about 110% of the new value, particularly if it's a Trader cos hopefully all the poblems will be sorted by then...................................................
 
well no it isn't.

Tho of course the very best thing that can happen to a new boat is that a picky B8gger like gludy gets hold of the thing. Whereas a demo boat won't get used anywhere near as much, nor worried about by someone who had to pay for it with their own loot...
 
So spill the beans tcm are you going all raggy sticky on us? Don't be shy, there's nothing to be ashamed of, well not unless you've vandalised another train............................... /forums/images/graemlins/crazy.gif
 
Well consider. My Jen is 2005, but Jeanneau in their infinite wisdom have reduced the spec for 2006 and made it cheaper, and it looks it too. So mebbe your 2005 is worth more than you think as it has a better following. Also, aforesaid fairly picky git owner has lavished lots on improvements.
Fr'instance I know of a Jen 2005 that is sold at 83k, but list price of a new one is 81k (less all the bits you actually need to float away in it).
A difficult one to resolve.
 
ok but then you aren't comparing like with like. f you specced up the new 81k boat with everything yours has got - how much wd that be? Aso did the 81 k (and 83k) include vat? Compare like with like and lemmee know.
 
To be fair they are still selling the drop keel version of mine. 86k. VAT never talked about. Hush hush.
The thing is that when you asked the question, you forgot to remember that they all introduce a new model every year, so thats how the brokerage market works I find. List price of the year manufactured take off the VAT and a few % more off fer luck. Market at that, regardless of condition or equipment. Just use words like exceptional, first to see will buy etc etc.
 
There's too many variables unless you name the boat. I don't know much about the big boat market, but around 30ft, in general, the "last of the line" boats are more saleable. Reasons being, that people tend to look for a particular boat "Right, we're going to buy a Targa 30", and will tend to try and go for the best example of that model within budget, hence as last of the line as possible, possibly blowing budget to do it. Almost nobody will spend less than budget, buy a tatty one, and say "I can spend the money I saved to bring it up to scratch".

Maybe the successor is overpriced, non-existant, or not as good as the previous one, whatever: it's very rare that mfrs produce a newer boat that is better and costs less money.

As example, list price for an S28 in 2004 with bits was about £105k. First owner paid £96k new. I paid low-80's for it in Oct 2005, which was above book, but it had only been used on Windermere, hence probably not bashed into 6ft waves at 30kts which is useful to know when you're buying a Sealine. No idea how this scales up to the sort of ship(?) you're probably considering.

dv.
 
He's been cavorting with the devil on the dark side a lot recently, John, so it would'nt surprise me if he's succumbed to temptation /forums/images/graemlins/shocked.gif
 
I think Matt quite clearly stated a couple of months ago, that he was looking for a 40ft ish rag & stick to keep in the UK while Diana II languishes in the Med. It appears that he may have found one that takes his fancy, and of course lives up to swmbo's wants/comforts. Also it will have to be rather more spiffy than Claymore's auld tub, and with no doubt about sail colours etc.
 
At this moment in time 25% to 30% feels about right - as a starting point, at least.

It looks to be pretty much a buyers market at the moment.....
 
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