Yacht Prices

Danny_Labrador

Danny_Labrador

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Here's a tricky one.

Do you think its possible to get hold of what the historic price of a new yacht was at a given date ?

That is - Yacht type "A" (new) as at 2001 = £ ??? - for instance.

I have had some success with Yacht magazine reviews - the new price is usually stated in the article, current at the date of publication.

Any other methods you can think of ?

( I am surprised (with what little success I have had so far) as how little the numeric price has changed from then to now - when you look at the same model second hand for sale in 2010 !)
 
Danny_Labrador said:
Here's a tricky one.

Do you think its possible to get hold of what the historic price of a new yacht was at a given date ?

That is - Yacht type "A" (new) as at 2001 = £ ??? - for instance.

I have had some success with Yacht magazine reviews - the new price is usually stated in the article, current at the date of publication.

Any other methods you can think of ?

( I am surprised (with what little success I have had so far) as how little the numeric price has changed from then to now - when you look at the same model second hand for sale in 2010 !)
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Hi i suppose one of the problems is that when buying new the listed price often has little bearing on what a buyer might pay. By the time youve added everything from the correct sized engine (because the basic spec provided for one which was to small) to the teak decks, sprayhood, navigation gear, warps, fenders, heating, shore power, windlass, cockpit table, delivery/commisioning and everything inbetween, you can add an exta £100K to a 40 foot production boats list price. Ive noticed that quality boats tend to hold their value against inflation so long as youre looking at the basic list price when new. Often a used boat will be advertised at substantially MORE than its historical new price! A used boat guide working like glasses car guide say would struggle because of the huge range of variables per boat?
 
I was only thinking about this the other day. Or rather I was thinking how well the used prices (asking) of AWBs has held up.
There was a time around 2008 when it seemed they might soon be giving them away in packets of Coco Pops. Fifty five grand would buy a 32 footer, 60 for a 34, 100k for a 40ish, 145 for a 48 foot job, etc.
Now all these prices are by way of illustration, I can't remember the real ones. However some price lists were given in full page ads in the Yachting Press at the time. Yacht reviews are the other thing to look for in the old mags. (sorry I see you have done this)
You might also have a root in the archive eg:

http://www.archive.org/web/web.php
 
ianat182 said:
Inland Revenue in their newer guise with Customs and Excise they must have something to refer to for the VAT extraction.
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Not sure that will tell you anything. HMRC never routinely see commercial invoices, nor relate them to specific transactions. They only monitor that businesses are accounting for VAT correctly, which means charging VAT if applicable at the correct rate, claiming back VAT where approriate and paying the balance to the Revenue.
 
Nada guides do this in the US, but I'm not sure it's accurate or even applicable over here.

There is some sort of a system that brokers use, but it relies on them all reporting accurate sales prices, and it seems they have an incentive to bump it up a bit.
 
Depends on how far you want to go back.
Bristow's Book of Yachts started in 1963 and I think went to 1991 with the odd break.
I have the 1979/80 to hand:-
A Nic 32 MkXI was £24,000.
Nic 35 MkVI £33,000.
Southerly 28 £15,980.
Cornish Crabber £7,642.

Basic specs are also shown.
 
If you are looking at a specific boat ask the broker for a copy of the original VAT receipt. Then all you need to know is the VAT rate at the time of original purchase, probably 17.5%, to work out the cost price.Surprisingly (to me anyway) the better quality boats seem to sell second hand at in or around their original cost price, even if up to 10 or more years old. I would have expected more depreciation.
 
Finbar said:
Surprisingly (to me anyway) the better quality boats seem to sell second hand at in or around their original cost price, even if up to 10 or more years old. I would have expected more depreciation.
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According to the original pricelist my Stag would have cost around £15,500 when new in 1978 (+12.5% VAT), its current value is around £17,000. All my previous boats have sold for the same or more than I originally paid for them. I would of course have spent out on new equipment/refurbishment/maintenance every year so, yes, they seem to hold their value as long as you also spend a lot on keeping them up to spec.
 
Danny_Labrador said:
Thanks for all your responses - its Sunbeams that I am interested in - say 2000 onwards 39 / 42 / 44.

Anyone have any data ? thanks.
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As there are only 7 listed for sale on Yachtworld it should not take you too long to work it out for yourself. You have the asking prices and details of the boats. Call the factory and ask how much they were new.

Not sure what use the information would be because the owners set the asking price and it becomes the market value if it sells at that price. Original price is irrelevant except if the boat is almost new when the price of a completely new one might have some relevance to the buying decision.
 
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