Boat value year to year.
#21
Registered
I'm shopping for my last boat and this is far from scientific. But i will not pay more then 75k for any twin engine v bottom. I have bought and sold probably 15 boats. I have lost money on all of them. The big losses came from boats costing more then 75k. So i refuse to spend more if i cannot get the boat i want i will just stick to what i have. When i price a boat i take the engine package cost and divide in half then add 20k for the hull and 4k for the trailer. This is just how i do it and i'm a cash buyer.
#22
Registered
This is a tough question and this is just what I have noticed over the past ten years upgrading my boat and watching my friends buy and sell theirs. Relatively speaking though, it seems most all boats loose 10-20% as soon as they are no longer deemed new. By the time a boat hits the 5 year mark (again based on a well maintained boat) they seem to have lost 40-50% of their value. This is where it gets tricky because the better known brands at this point seem to hold their value better than the not so well brands. I had a hard time selling my 29 Kryptonite because very few outside the "hardcore" race and go-fast guys knew what it was.
#23
I'm not comparing or looking at 2 different boats, with different specs. I'm looking for depreciation % or appreciation % from year to year or years. It seems that my question is just a little too hard to understand. Let's try to simplify, A boat 2014 value is "X". Boat is not sold for 2 years. What's it's value 2 years later. Not what it can be sold for, or what one would willing to pay. What is the 2 years lose? in % . Is there a difference if it's 2014 to 2012 or 2004 to 2002? or 1994 to 1996? Is the depreciation the same? or would it depreciate more in 2012 VS 1996?
#24
Registered
Thread Starter
You still missing the point and the question. THis has nothing to do with the Avanti and there is NO comparison to the Fountains VS Avanti. Fountains have no chance holding a candle to the Avanti as far as build anyway. Fountain.. great name.. mass production, Avanti.. custom, not known well but goes where no fountain has gone before. lol.. With in the same size range.
#25
Charter Member#568
Charter Member
You'd have to get a copy of all the old NADA guides and check the same boat year after year. Say for example a 2002 Top Gun. Now look up the boat in the 2003 guide and see what it's worth. Then look up the same 2002 boat in the 2004 guide then the 05 guide etc. Edit- I'm sure your insurance agent could tell you about depreciation rates. Ask this in the insurance section.
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Straight bottoms and flat decks
Straight bottoms and flat decks
Last edited by bck; 12-02-2014 at 08:55 PM.
#26
Registered
Thread Starter
THanks, Pretty much in a nutshell, but like my previous post, I was hoping to avoid the research effort.
#27
Charter Member#568
Charter Member
I'd do it if I had all the guides laying around. You might get a real quick answer from one of the insurance specialists on the site.
__________________
Straight bottoms and flat decks
Straight bottoms and flat decks
#28
Registered
You'd have to get a copy of all the old NADA guides and check the same boat year after year. Say for example a 2002 Top Gun. Now look up the boat in the 2003 guide and see what it's worth. Then look up the same 2002 boat in the 2004 guide then the 05 guide etc. Edit- I'm sure your insurance agent could tell you about depreciation rates. Ask this in the insurance section.
I.e. in the early 2000's base level top guns were equipped with standard 575's hooked to bravo xr's. in later years the 500's, and 525's were introduced. now 525's aren't even produced.
not to mention inflation...
#29
Charter Member#568
Charter Member
That's why you have to look up the same model same year in multiple guides. You are always looking up the same 2002 575 XR equipped top gun. This will give you the rate it depreciates at.
__________________
Straight bottoms and flat decks
Straight bottoms and flat decks
#30
You still missing the point and the question. THis has nothing to do with the Avanti and there is NO comparison to the Fountains VS Avanti. Fountains have no chance holding a candle to the Avanti as far as build anyway. Fountain.. great name.. mass production, Avanti.. custom, not known well but goes where no fountain has gone before. lol.. With in the same size range.
You have an oddball boat. Your boat was partially assembled at a factory, rigged by someone else and then finished. Can you say any other Avanti was assembled that way? There was no "production line" assembly, no quality control so at that point you will have to assess each boat individually making the model year a very minor part of the equation.
BTW before you trash the capability of a Fountain, you might want to look at their trophy collection........I can't recall Avanti having many.