I believe that a "cherry" GB, (any of their models) of any decade, will always have a market. Those "under 50 year olds" of today will join the rest of us "Codgers" with an appreciation for well maintained boats. (All models) The older GBs are, in my opinion, the epitome of the classic trawler & anyone who "loves" boats will want one.Perhaps and according to the National Marine Manufacturers Association, 77% of boating participants are males under 50. Only 8% of boaters are over 65. It will be interesting to see what happens to the resale market of the traditional GBs.
Geezers? Speak for yourself, Don! I prefer "codger."
I still like the traditional GBs-- I think the 42 is great! But this just proves the point of the whole thread. I will be 62 in about a week and I guess young folks have given up on the Grandbanks Classics.
Perhaps and according to the National Marine Manufacturers Association, 77% of boating participants are males under 50. Only 8% of boaters are over 65. It will be interesting to see what happens to the resale market of the traditional GBs.
...JohnP wrote: "If I were to buy one now I would need a great deal in order to handle the about to come depreciation, lack or interested buyers will hurt resale in the future."
I have recently seen two GBs, an early 80s and a wooden one. The 80s is a beauty that I would consider paying a premium for because I doubt there would be any major surprises over 5 years even though the engine hours are getting up there. That the owner expects to maximize and recoup, including "not paying a damn broker 15%" is a bit of a deterrent. Even though I said I would entertain a premium, there is a reason it has been on the market for 2 years.Agree, regretfully. The best it can get is that prices stay flat...That said, a well-cared for example will always be easier / faster to sell than the other kind.
Six months ago I could have bought an early 80s GB 42 for 55k simply by clicking on the Buy It Now option on Ebay.
The boat had 120s with less than 3000hours and was a one owner boat
It had a recent awlgrip job. The owner had passed away, he had a charter business in Florida, and yes the boat was chartered.
I kind of wish I had just bought it, because now the price bar is set so low everything else looks expensive.
I could have enjoyed ownership for 10 years, depreciated it to zero and it would have been worth every penny to me.
Hindsight is 20/20
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Yachts Name is "Pyewacket"
In the end, the market will decide the price of used GB's. The experts on TF might just be surprised, or they may be correct. Only time will tell. So far, I haven't seen any well maintained, dirt cheap GB's
So far, I haven't seen any well maintained, dirt cheap GB's
We've been out for 2.5 days now - Seattle, Edmonds, La Conner - and I've only seen one GB
We didn't buy the GB we have in the PNW with any thought of getting a dime out of it when we're done with it. If we can get permission, we'd be inclined to sink it as a fish habitat when we're done using it.
GB aren't city folk.
Maybe go take a peek at Sucia, Stuart, Tumbo...
At our YC, there are 6 GB's. Only one, a 46 classic is for sale