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  1. #1
    Registered GregP's Avatar
    My Boats:
    1989 Scorpion 32 CC
    Join Date
    Apr 2001
    Annapolis MD

    First Year Depreciation

    Was reading my new Powerboat last night with the test of the 36 Nortech Cat. Awesome boat. Article lists the as-tested price at just over $600,000. Two pages away is an ad listing it as now for sale at just under $450,000. $150,000 depreciation in a year has just GOT to get your attention. At that rate in 4 years it should be FREE ... I'll get a space ready for it at my dock


  2. #2
    Platinum Member Platinum Member
    My Boats:
    fuel injection, superchargers
    Join Date
    Jan 2001
    PA and MD
    20-30% first year and 8-10% each year thereafter is the norm.
    Cobra Terminator 3000, single engine 30' true tunnel cat
    Home of the "ON-BOARD-DYNO"
    Stellings Bravo Extension Box with a built-in DYNO!
    Reads 0-1000HP and 0-1000TQ in the water, on the fly, while you drive!
    Search OSO 'on-board-dyno pictures" for details.

  3. #3
    Platinum Member Platinum Member Boomer 880's Avatar
    My Boats:
    2006 Formula 260BR
    Join Date
    Jul 2001
    Lincolnshire IL
    Your are assuming he paid retail for the boat.

    If he got 20% off list price, then he only paid $480K.

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