Which boat(s) depreciate the least.

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BurnitBlue

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From what I have seen the Halberg Rassy 346 not only holds her price but seems to actually increase with the years. I say seem because I am no expert on inflation adjusted prices.

So I would be interested to see other responses and opinions. Thanks
 
Boats over 30 years old tend to hold their value. Everything will fall back 5% per year on average. So a 10 year old boat will be under half the new price.
 
Thanks for reminding me about that. I have noticed that Nick 32, 32, 35 Rustler 36, etc hold their price. I always put that down to rarity of long encapsulated keels which not made anymore.
 
Classic wooden boats are very stable in price. You can buy one for £10,000, spend £7000 a year on it for ten years and still be confident it's worth £10,000.
 
I'm not sure which HR was intended, 34, 342 or 340. My 34 probably increased in value for 5-10 years but has now dropped to below its purchase price, especially if added equipment is included. I would guess that the newer versions have/ will do something similar. I hope eventually to get a fair proportion of its value back, which is all that I was looking for when I bought it.

Quality boats generally will certainly do better on average, but I don't think this applies to some niche designs. At one time I considered getting a classic, such as a Nic 35, but in the end the attractions of modern performance and accomodation won out. Boats are somewhat unlike cars, in that a good old model can be quite economical and therefore command a fair price. Some AWBs don't seem to do well. A friend bought a certain model just before the builder expanded production and reduced the price, leaving my friend about £20,000 out of pocket after three years when he traded up.
 
johnalison said:
I'm not sure which HR was intended, 34, 342 or 340. My 34 probably increased in value for 5-10 years but has now dropped to below its purchase price, especially if added equipment is included. I would guess that the newer versions have/ will do something similar. I hope eventually to get a fair proportion of its value back, which is all that I was looking for when I bought it.

Quality boats generally will certainly do better on average, but I don't think this applies to some niche designs. At one time I considered getting a classic, such as a Nic 35, but in the end the attractions of modern performance and accomodation won out. Boats are somewhat unlike cars, in that a good old model can be quite economical and therefore command a fair price. Some AWBs don't seem to do well. A friend bought a certain model just before the builder expanded production and reduced the price, leaving my friend about £20,000 out of pocket after three years when he traded up.
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It must have been the HR342 I meant. I could hardly afford one then, (2012) and I still can't afford one. I consider that the eventual cost of a boat is the difference between the price bought and the price sold. Of course today mooring costs make those simple calculations void.
 
Boats like the HR do tend to sell for their original purchase price, more or less. The reason is that prices for a new one will be double.
 
Whist agreeing that HRs and similar boats hold their value best, replacing teak decks when they get old can add a hell of a price ticket. Funnily enough, if we take out inflation, devaluation of currency etc out of the equation, Centaurs are still selling for more than they cost in the 1970s:)
 
Depreciation as a concept really only applies in the first 10-20 years of a boats life.
Thereafter it is more about the cycle of maintenance and replacement of key components - eg on an old boat a new engine could cost as much as the boat did.

And new HR do depreciate a lot. Whilst percentage may be slightly less, the cash drop will typically be much higher . A new HR may lose more cash value in 10 years than the total new cost of a similar sizedBavaria.
On the other hand the HR owner who can afford it enjoys the better boat - and probably also buys a Porsche or RR rather than drive a perfectly decent Vauxhall
 
And it's worth remembering that HR new prices (like Porsche new prices) bear no relation to what buyers actually pay when the factory options are added.
 
Friends. Took there 1995 HR34 back to holland last year within two weeks it was sold for hundred thousand Euros,
What it cost in 1995 new I have no idea but seen a good price they go at for it .
 
Graham376 said:
Whist agreeing that HRs and similar boats hold their value best, replacing teak decks when they get old can add a hell of a price ticket. Funnily enough, if we take out inflation, devaluation of currency etc out of the equation, Centaurs are still selling for more than they cost in the 1970s:)
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I'm really surprised about that. You can pick up a Centaur for around £5k these days, so you can buy five for the average annual wage. Surely someone on an average wage couldn't have bought five 5 Centaurs a year back in the 70s?
 
Kelpie said:
I'm really surprised about that. You can pick up a Centaur for around £5k these days, so you can buy five for the average annual wage. Surely someone on an average wage couldn't have bought five 5 Centaurs a year back in the 70s?
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Graham qualified it and he means the monetary price - that is £5k which was higher than the average wage in 1970s. i remember the first year my salary exceeded £5k in 1973 - plus my Hillman Avenger car. However these were the days of high inflation and by the end of the decade my salary nearly doubled, but standard of living at best stayed the same, but in some ways fell.
 
I couldn't possibly have afforded a Centaur when I bought my first boat, a Westerly Cirrus in 1971. From memory, my Cirrus was about £2,300, a Centaur about £3,500, and a Longbow about £6,000. This was just before inflation took hold and mid-'70s boats probably cost somewhat more. They seemed like luxury items at the time but whether you think they represent good value today depends on how you value space, performance and how you cost you time used in maintenance.
 
johnalison said:
I couldn't possibly have afforded a Centaur when I bought my first boat, a Westerly Cirrus in 1971. From memory, my Cirrus was about £2,300, a Centaur about £3,500, and a Longbow about £6,000. This was just before inflation took hold and mid-'70s boats probably cost somewhat more.
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WOA used to have a table showing Centaur prices over the years - they became massively more expensive after the oil crisis. Doubled in just a couple of years, as I recall.

Boats like mine still sell for roughly what they cost new, but of course inflation has done a lot over those years.
 
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