Thread: 3 year cost
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Old 08-09-2019, 12:20 PM   #3
Seevee
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City: st pete
Vessel Model: 430 Mainship
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The brokers could most likely give a good assessment of the depreciation, but I'd say you'd be absolutely LUCKY to only loose 10% on a boat that new over three years.


And acquaintance of mine bought a new boat for 2.5m and sold it a year later for 1.5.... cost a million to have it for one year.


A friend of mine bought a SeaRay ONE year old for about a 40% discount off list price.


on and on.


Generally, if one does some research, boats depreciate about 10 to 20% right off the showroom floor, and 5 to 10% per year thereafter.


They get to a point where the depreciation flattens out...probably somewhere in the 10 to 20 year range.


That's a pretty wide range, but over the some odd 20 boats I've owned, they all are not horribly far from the above.


Now, with real popular boats, perhaps the KK would qualify. Selene, not sure, the do a bit better.



And as the size goes up the market goes down so it will take longer to sell and have more of a depreciation as a rule.
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