do yachts appreciate in value

Are Yachts a Good Investment? (Here’s What You Need To Know)

Are you ready to join the exclusive world of yacht owners? Owning a yacht is a big decision, and it’s important to understand what it takes to make it a successful investment.

In this article, we’ll cover the advantages of owning a yacht, potential sources of income, the appreciation of yacht values, cost considerations, and more.

We’ll also provide advice on researching the yacht market and weigh the pros and cons of boat ownership.

Plus, we’ll discuss financing options to help you make the right decision.

So, if you’ve been dreaming of living the life of luxury, read on to learn if yachts are a good investment for you.

Table of Contents

Short Answer

Yachts can certainly be a good investment.

They may appreciate in value over time, and you can use them to generate income by renting them out to other people.

Additionally, it can be a great way to enjoy a luxury lifestyle while you own it.

However, it’s important to consider the cost of maintenance and upkeep when making a decision, as these can be quite expensive.

Advantages of Owning a Yacht

Owning a yacht can be an exciting and rewarding experience.

Not only can you enjoy leisurely cruises on the open water, but you may also be able to reap financial benefits from the investment.

Yachts can appreciate in value over time, depending on their condition, the quality of their craftsmanship, and the local market.

Additionally, owning a yacht can be a great way to generate additional income, as they can be rented out for special events or occasions.

Yachts can also be used for charitable events, such as hosting fundraisers, or for entertaining business clients.

Finally, owning a yacht can create memories and provide an atmosphere for family and friends to come together and enjoy the great outdoors.

Potential Sources of Income from a Yacht

Owning a yacht can potentially be a source of income, making it an attractive investment option.

Yachts can be used to generate income in a number of ways, such as renting the yacht out for charters, providing fishing and sightseeing excursions, or offering luxury cruises.

Renting out a yacht can provide an additional source of income and can be a great way to offset the costs of owning and maintaining a yacht.

However, it’s important to note that owning a yacht can be expensive and time consuming, so it’s important to do research and consider the potential costs before investing in a yacht.

Additionally, it’s important to consider the local market and customer demand when deciding whether a yacht is a good investment.

For example, if there is not enough demand for renting out a yacht in the local area, it might not be the most profitable investment.

Additionally, some locations may have stringent regulations or restrictions on renting out yachts, so it’s important to research the local regulations before investing in a yacht.

Finally, it’s important to note that the potential income generated from a yacht is dependent on the quality of the yacht, the craftsmanship, and the condition of the vessel.

As such, it’s important to purchase a yacht from a reputable dealer and keep it in good condition in order to maximize its potential for generating income.

Appreciation of Yacht Values

When it comes to investing in a yacht, one of the most important considerations is the potential for the yacht to appreciate in value over time.

Depending on the condition of the yacht, the quality of its craftsmanship, and the local market, a yacht can be a good source of long-term capital appreciation.

For example, a well-maintained yacht in a desirable location may be able to retain or even increase its value over time.

At the same time, there is no guarantee that a yacht will appreciate in value, so potential yacht owners should research the local market carefully before making an investment.

For example, market forces such as supply and demand, economic conditions, and the overall health of the local maritime industry can all impact the value of a yacht.

Additionally, the condition of a yacht is a major factor in its appreciation potential.

Yachts that are carefully maintained and upgraded on a regular basis are more likely to hold their value and may even increase in value over time.

Conversely, yachts that are neglected or not properly cared for may depreciate in value.

Finally, the quality of the craftsmanship of the yacht is also an important factor in its potential for appreciation.

Yachts that are made of high-quality materials, have superior design, and are built to last are more likely to retain their value or even increase in value over time.

In conclusion, yachts can be a good investment if they are purchased and maintained properly.

But potential yacht owners should research the local market and weigh the pros and cons carefully before making an investment.

There is no guarantee that a yacht will appreciate in value, but the condition of the yacht, the quality of its craftsmanship, and the local market all play a role in the potential for appreciation.

Cost Considerations

When considering whether or not a yacht is a good investment, cost is an important factor to consider.

Yacht owners must take into account the cost of the vessel itself, as well as the ongoing expenses of ownership.

These can include repairs, maintenance, docking fees, insurance, and fuel costs.

Additionally, yachts require significant upkeep, and these costs can quickly add up over time.

The initial cost of a yacht will depend on several factors, such as size, age, and condition.

Newer luxury yachts can cost millions of dollars, while older or smaller vessels may be more affordable.

It is important to research the market carefully to determine the right price for a yacht, as well as the associated costs of ownership.

Once purchased, owners must also take into account the regular costs of maintenance and repairs.

Yachts require regular inspections and repairs to ensure they are in peak condition.

These costs can be significant, and should be taken into consideration before making an investment in a yacht.

In addition to the costs associated with repairs and maintenance, yacht owners must also take into account the cost of docking.

Docking fees can vary significantly depending on the location and size of the vessel, and should be factored into the cost of ownership.

Finally, there are the costs associated with insurance and fuel.

Yacht insurance is often mandatory, and the cost of coverage can be expensive.

Additionally, fuel costs can add up quickly, especially for large vessels.

These costs should be taken into consideration when deciding whether or not a yacht is a good investment.

Researching the Yacht Market

When considering whether to purchase a yacht, potential owners should do their research.

Yachts can be a significant investment, so it is important to understand the local market and what you are getting for your money.

It is important to research the various types of yachts available and their associated costs, as well as the quality of craftsmanship and features offered.

It is also important to consider the condition of the yacht and its maintenance history.

If the yacht has been well-maintained, it is likely to hold its value better than a neglected one.

It is also important to look into the history of the yacht and determine whether there have been any major repairs or modifications made to it.

Additionally, potential owners should research the cost of docking fees, insurance, and fuel costs, as these can add up over time.

In addition to researching the available yachts on the market, potential owners should also research the local market to determine what yachts are selling for and which ones are appreciating in value.

This will give you a better understanding of what to expect from your investment and whether or not it is likely to appreciate over time.

Additionally, the local market can provide insight into the cost of repairs and maintenance, as well as the availability of quality services such as boatyards and mechanics.

Finally, potential owners should also research any regulations or restrictions in their local area that may impact the use of their yacht.

Many areas have restrictions on the size of boats that can be used, as well as restrictions on where they can be docked or stored.

It is important to understand these rules and regulations before making an investment in a yacht.

Weighing the Pros and Cons

When considering whether to invest in a yacht, it is important to weigh the pros and cons carefully.

On the one hand, owning a yacht can be a great source of leisure, entertainment, and potential income.

Yachts can also appreciate in value over time, depending on their condition and craftsmanship.

Furthermore, many yachts come with numerous amenities and features, such as luxurious cabins, sun decks, and fully-equipped entertainment areas.

On the other hand, the cost of owning a yacht can be quite high.

This includes expenses such as repairs, maintenance, docking fees, insurance, and fuel costs.

Additionally, there is no guarantee that a yacht will appreciate in value, as it is subject to the local market.

As such, potential yacht owners should research the market and consider all the factors before making an investment.

Financing Options

When considering purchasing a yacht, its important to consider how you will finance the purchase.

There are a variety of financing options available, depending on your budget and preferences.

One option is to take out a loan from a bank or other lender.

This is usually a secured loan, meaning the yacht will serve as collateral.

Interest rates for these loans can vary, so its important to shop around and compare offers.

Another option is to use a yacht broker.

Many brokers offer financing options, allowing buyers to spread their payments out over time.

This can be a convenient way to purchase a yacht, but its important to read the fine print carefully.

Brokers may charge higher interest rates, fees, and other costs.

Finally, some yacht owners may opt to finance the purchase themselves.

This is typically done by making a large down payment and then making monthly payments to cover the remaining balance.

This option requires careful budgeting and financial planning, as missed payments could have serious consequences.

Ultimately, its up to the buyer to decide which financing option is best for them.

Its important to take the time to research each option and find the one that best fits your budget and needs.

Final Thoughts

Owning a yacht can be a great investment if done right.

It can provide a source of income, leisure, and potential appreciation in value.

However, the costs of owning a yacht can be high, and it can be difficult to predict whether or not it will appreciate in value.

For this reason, potential yacht owners should research the market, weigh the pros and cons, and consider financing options carefully before making an investment.

With the right knowledge and preparation, owning a yacht can be a great way to enjoy the ocean and secure a profitable investment in the future.

James Frami

At the age of 15, he and four other friends from his neighborhood constructed their first boat. He has been sailing for almost 30 years and has a wealth of knowledge that he wants to share with others.

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Do Yachts Appreciate or Depreciate over time?

Introduction

When you’re looking to buy a yacht, it’s important to know whether these luxury boats increase or decrease in value over time. Many factors can affect the worth of a yacht, and understanding them can make a big difference in your decision-making process. Whether you’re buying for fun or thinking about the financial side, it’s crucial to know what impacts the value of a yacht.

Yachts are fancy things that have values that can change based on many different factors:

• Age : Usually, newer yachts are worth more money, but old-fashioned ones can also be valuable.
• Condition : A yacht that is well taken care of often keeps its value better than one that isn’t.
• Maintenance : Taking good care of a yacht and making sure everything works properly can keep its value steady or even make it go up.
• Upgrades : Making improvements or adding new technology to a yacht can make it more attractive to buyers and increase its price.
• Demand : The number of people who want to buy certain types or brands of yachts affects how much they sell for.

By looking closely at these things, you can learn more about how yachts lose or gain value over time. This knowledge will not only help you make smart choices when you’re searching for yachts to buy but also assist you in keeping your investment valuable as the years go by.

Factors Affecting Yacht Value

When you explore the details of owning a yacht, you quickly realize that several important factors significantly impact the value of these luxurious boats. Understanding these factors can help you make informed decisions whether you’re purchasing a yacht or maintaining one for future resale.

Age: How It Affects Yacht Value

• Newness : Brand new yachts come with the latest technology and designs but depreciate quickly in the first few years.
• Vintage Appeal : Certain older models that possess rarity or classic charm may hold or even increase in value.

Yachts, like most physical assets, lose value over time. The age of a yacht is a primary factor in determining its worth. However, it’s not just about how old the boat is; it’s also about how its age relates to its design, technological relevance, and style. New yachts might have cutting-edge technology and modern designs but often lose a significant amount of value once they are used for the first time. On the other hand, well-maintained classic yachts or those with historical significance may see their value stabilize or even go up as they become more desirable over time.

Condition: Keeping Yacht Value High Through Care

The condition of a yacht reflects how well its owner has taken care of it. Potential buyers inspect everything from the state of the hull to the functionality of onboard systems. Maintaining or improving a yacht’s condition involves:

• Diligent cleaning practices
• Immediate repairs when damage occurs
• Regular servicing of engines and onboard systems
• Upholstery and finishings maintenance

These efforts help ensure that yachts retain their value as much as possible.

Maintenance: The Key to Preserving Yacht Value

Consistent maintenance is essential when it comes to protecting a yacht’s value over time. Regular servicing based on manufacturer recommendations can prevent mechanical failures that could result in expensive repairs later on. Getting professional help from experienced crew and technicians ensures that all parts of your yacht are working well.

Upgrades: Taking Steps to Increase Yacht Value

Investing in improvements can actively increase a yacht’s value. Whether it’s installing state-of-the-art navigation equipment, updating communication technologies, or renovating interiors with modern styles and materials—these upgrades can make an older yacht more appealing to potential buyers while potentially raising its market value.

Demand: How the Market Influences Yacht Pricing

Yacht prices are heavily influenced by market demand which can change based on various factors such as trends within the boating community or shifts in economic conditions. A sudden increase in popularity for certain types of yachts can cause prices to go up temporarily. On the other hand, an economic downturn could lead to decreased demand and lower pricing.

Each factor discussed here plays a crucial role in shaping a yacht’s monetary value over time. By paying close attention to these elements, owners can navigate through the complexities of yacht valuation more easily and accurately.

Yachts as Investments

When it comes to luxury assets, yachts are often seen as a top choice for potential investments. Unlike cars that usually lose value quickly, yachts have the potential to hold their value or even increase in worth under certain circumstances. In this section, we take a closer look at why and how yachts can be more than just extravagant boats for sailing adventures.

Investment Potential: Why Yachts Can Be Considered as Investments

There are several reasons why yachts have investment potential:

• Exclusivity : Yachts are custom-made and owning one is associated with prestige.
• Limited Production : High-end yachts are often made in small quantities, creating scarcity in the market.
• Customization Options : Owners can personalize their yachts to suit their preferences and potentially attract future buyers.

These unique factors position yachts as a niche investment where they can hold or increase in value based on market conditions and the specific characteristics of the yacht.

Return on Investment (ROI): Assessing the Financial Benefits of Owning a Yacht

Determining the ROI of a yacht involves more than just looking at its eventual resale price. Here are some key factors to consider:

• Charter Income : Many yacht owners choose to rent out their vessel, which can generate significant revenue and offset expenses.
• Tax Advantages : Depending on where you live, owning a yacht might come with tax benefits such as deductions for business entertainment or charter-related activities.
• Personal Enjoyment : While it’s hard to put a number on it, the enjoyment you get from using your yacht should be taken into account when assessing overall ROI.

Despite these potential benefits, it’s important to understand that not all yachts will bring a positive return on investment. The costs of owning a yacht — including maintenance, docking fees, crew salaries, and insurance — can be substantial and need to be compared against any financial gains from appreciation or charter income.

Long-term Value: How Yachts Hold Their Value Over Time

Several factors can influence how well a yacht retains its value in the long run:

• Brand Reputation : Some manufacturers are known for their excellent craftsmanship and sturdy yachts, which can help maintain their value over time.
• Construction Quality : Using high-quality materials and construction techniques can extend a yacht’s lifespan and appeal to future buyers.
• Timeless Design : Opting for classic and timeless designs over trendy ones may keep a yacht desirable in the resale market.

While some yachts may depreciate in value, others stabilize after an initial drop or even appreciate gradually. Historical data indicates that well-maintained models from prestigious brands tend to hold their value the best. Examples include certain models from builders like Feadship or Lürssen, which are often praised for their strong construction and timeless design.

The concept of viewing a yacht as an investment is intricate. It requires not only understanding how the market works but also acknowledging the tangible and intangible benefits it brings. In the next section, we explore the differences between depreciation and appreciation, delving deeper into how market trends and economic factors impact yacht values.

Depreciation vs. Appreciation

When you consider the financial trajectory of a yacht, two opposing forces come into play: depreciation and appreciation. These determine whether the value of a yacht will decrease or increase over time.

Depreciation: Understanding Why Some Yachts Lose Value Over Time

Every asset undergoes depreciation, and yachts are no exception. As soon as a new yacht sails away from the dock, it begins to lose value, much like driving a new car off the lot. Here’s why:

• Wear and Tear : Yachts face constant exposure to harsh marine environments. Saltwater, wind, and sun can all degrade various components, leading to a decline in value.
• Outdated Technology : The marine industry is rapidly advancing, with new navigation systems and eco-friendly engines. Older yachts may lack these modern features, making them less desirable.
• Market Perception : The allure of the latest models can render older versions less appealing, pushing their market value down.

Appreciation: Factors That Contribute to Yachts Appreciating in Value

Despite the natural tendency toward depreciation, some yachts do appreciate in value. This can occur due to:

• Rarity and Pedigree : Limited edition yachts or those built by renowned shipyards can gain value as collectibles.
• Historical Significance : Vessels with a storied past or previous celebrity ownership can attract premium pricing.
• Exceptional Upkeep : A meticulously maintained yacht that defies its age can command higher prices.

Market Trends: Analyzing the Impact of Market Trends on Yacht Values

The ebb and flow of the yacht market significantly influence appreciation and depreciation rates. Factors include:

• Supply and Demand : An influx of buyers or a scarcity of sought-after models can drive prices up.
• Global Events : International boat shows and regattas can spike interest and demand for certain types of yachts.
• Changing Tastes : Shifts in preferences for yacht sizes or styles affect which models are in vogue.

Economic Factors: How Economic Conditions Influence Yacht Prices

The wider economy plays a crucial role in determining yacht values:

• Interest Rates : Lower interest rates make financing more accessible, potentially increasing buyer demand.
• Stock Market Performance : A robust stock market often correlates with luxury spending, including yachting.
• Global Wealth Distribution : Economic growth in affluent regions can lead to heightened spending on luxury goods like yachts.

In essence, while most yachts depreciate due to factors like wear and tear or outdated technology, certain scenarios lead to appreciation. Rarity, historical significance, or exceptional maintenance can enhance a yacht’s worth. Simultaneously, market trends such as supply-demand dynamics and global events play pivotal roles in shaping these values.

Economic conditions also weigh heavily on this scale. Interest rate fluctuations, stock market performance, and wealth distribution patterns dictate buyer capacity and willingness to invest in high-value assets such as yachts.

Buying Yachts for Sale as an Investment Strategy

When it comes to yacht ownership as an investment, it’s important to understand the strategies involved in buying, timing the market, and conducting thorough research.

Buying Strategies: Tips for Purchasing Yachts with Investment in Mind

Purchasing a yacht with the intention of making a return requires careful planning. Here are some key factors to consider:

• Type of Yacht: The make and model of a yacht can greatly impact its value over time. Luxury brands often hold their worth better than others.
• New vs. Used: New yachts tend to lose value faster compared to used ones. However, used yachts may come with higher maintenance and upgrade costs.
• Size Matters: Larger yachts generally hold their value better than smaller ones due to limited supply and high demand.

Timing the Market: Understanding When to Buy for Maximum ROI Potential

Knowing the right time to enter the market can significantly affect your investment returns. Here are some unique trends to consider in the yacht industry:

• Off-Season Deals: Prices typically decrease during periods of low demand, such as the off-season, which could present better buying opportunities.
• New Model Release: The introduction of new yacht models often leads to price reductions for older models.
• Economic Conditions: A strong economy usually means more disposable income and a greater desire for luxury items like yachts.

It’s worth noting that while timing is important, focusing on getting the lowest purchase price isn’t the only factor. Other elements like the yacht’s condition and popularity within the market also play a significant role in determining its future value.

Research and Analysis: Importance of Thorough Research Before Making a Purchase

Before making any investment decision, conducting thorough research is crucial. This holds true for purchasing yachts as well. Here are some key areas to focus on:

• Market Trends: Stay informed about the latest industry reports and news to understand current market trends.
• Inspection Reports: Always inspect a yacht thoroughly before making a purchase. If necessary, hire professionals to assess its condition.
• Historical Pricing Data: Analyzing past pricing data can provide insights into a yacht’s depreciation pattern and help guide your decision-making process.

Understanding these strategies is just the first step. The real challenge lies in implementing them effectively. It requires patience, attention to detail, and a deep understanding of the market. But with the right approach, purchasing a yacht can be more than just a luxury—it can be a wise investment decision.

As we wrap up this section, it’s important to remember that a yacht’s value isn’t solely determined by its purchase price or age. It’s influenced by various factors that are interconnected with market trends and economic conditions. In the next section, we’ll explore the significance of considering yacht value when buying or selling, and share final insights on whether yachts appreciate or depreciate over time.

Yacht value does not exist in a vacuum. The core takeaway from this discussion is the importance of considering yacht value when browsing yachts for sale , whether buying or selling.

• Age, condition, maintenance, upgrades, and market demand all play a crucial role in determining a yacht’s value.
• Investment potential is another key factor to consider – yachts can hold their value over time, particularly if well-maintained and upgraded.
• Understanding depreciation and appreciation factors help you make informed decisions.

As for the question of whether yachts appreciate or depreciate over time – it’s not a simple yes or no answer. Many factors play into this complex equation. Some yachts depreciate due to age or lack of maintenance. Others appreciate because of careful upkeep, strategic upgrades, or favorable market conditions.

To make the most out of your yacht investment, be sure to:

• Consider all factors affecting yacht value
• Time your purchase to capitalize on market trends
• Conduct thorough research and analysis before making any decisions

Remember that a well-informed decision today will lead to better enjoyment and potential return on your yacht investment tomorrow.

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Do Yachts Hold Their Value?

Owning a yacht is a luxury which few can afford and typically, the well-heeled and deep-pocketed are looking to expand their fleet of leisure toys instead of looking to flip a yacht for profit.

Yachts do depreciate in value but most of the depreciation occurs within the first few years of ownership. High-quality yachts hold their value better than smaller boats which are not very well maintained.

As with many high-value items, frequent maintenance and care help to keep its value at a premium. The value could change by as much as 30% if it is kept in good condition thereby increasing its resale value.

Yacht Cost Of Ownership

The decision to purchase a yacht usually comes on the back end of the desire to embark on more luxury themed leisure activities and not an investment expected to pay off fiscally.

Not only does is the cost of a yacht exorbitant, but the total cost of ownership could also prove to be cost-prohibitive if all elements are not considered prior to purchase.

A yacht that is older but which has been kept in great condition and has had some upgraded features can command a few million, versus an older model with no updates which could sell for a measly six figures.

New superyachts, defined by their length of more than 80 feet, could be sold for tens of millions of dollars .

Maintenance costs along with a full-time crew, fuel, and dockage fees could cost up to 20% of the purchase price of the boat on an annual basis. 

For a yacht with a price tag of $10 million, the upkeep can be estimated at $2 million annually. 

The monthly recurring costs vary based on the size of the yacht and the crew complement necessary for smooth operations aboard. 

Salaries and associated costs such as training, gear, insurance, and benefits also increase drastically based on the size of the crew.

Return On Investment 

Unless you will be living full time on your yacht all year round, it would be kept moored and empty for the time when it is unoccupied.

Some owners enter into a letting arrangement for private charters to others who wish to vacation in sophisticated luxury without the shackles of a huge investment.

If you have purchased your yacht via a marine mortgage or other leasing options, private charters are one way to have the boat pay for itself as well as earn additional residual income.

During the busy season, a 205-foot yacht with a $3.5 million annual operating budget can charge up to $425,000 (all-inclusive) per week for a charter.

Fractional ownership also allows for a type of time-sharing of the yacht where multiple investors split the costs and benefits of owning the boat. 

Within the first few years of ownership is when the boat will most depreciate in value and the pace is much slower than that of a car. 

A general guideline is that one may expect the yacht to depreciate by about 10% within the first year and 6-8% in the ensuing four or five years. Thereafter depreciation will typically taper off at a nominal level.

A used boat, therefore, retains its value as the depreciation level is lower than a new one.

Resale Value

Whichever the choice in ownership, the crucial point in retaining the value of the yacht is care and maintenance.

Owners generally retain their yachts for between three and five years , and needs for routine repairs typically kick in at around five to seven years. 

Repairs should be done efficiently and done to a high standard, refits should be undertaken promptly, and routine maintenance should be scheduled and performed as necessary.

If the boat is kept in pristine condition, its value could even increase by up to 30% . 

On the other side, the intangible gains far outweigh the financial benefits of owning a yacht. 

Considering the innumerable hours spent soaking up the sun on the deck, communing with nature, and spending time with friends and family away from the noise and pollution of the “real world”, owning a yacht can prove an invaluable investment.  

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Gulfstream news

• April 10, 2024

The Ultimate Investment: How to Buy a Yacht That Appreciates in Value

Getting into Yacht Ownership

Thinking about buying a yacht? It’s not just about having a cool boat to show off. It’s also about making a smart choice that could pay off in the long run. Some yachts end up being worth more as time goes by, but it depends on a bunch of things. We’re talking about who made it, how well you take care of it, and what features it’s got, among other stuff. So, if you love the water and you’re smart with your money, picking the right yacht could be a great move.

What Makes a Yacht a Good Investment?

Quality matters.

First things first, if a yacht is made well, it’s more likely to keep its value or even cost more later. The big-shot yards that are known for top-notch work usually make boats that stay valuable. The materials, design, and attention to detail can make a huge difference.

The Name on the Yacht

Yachts from well-known and respected brands usually do better in the long-run. These brands are like the Chanel or Rolex of the sea – they come with a rep for being the best, and they hold onto their value because of that.

Staying Up-to-Date

Today’s tech isn’t just for your phone or car; yachts that pack the latest tech are a big deal, too. Navigation, safety, and comfort tech can make a yacht more appealing and bump up its price tag down the line.

Keep It Shipshape

How you take care of your yacht is a game-changer. Regular checks and keeping it looking good mean it can sell for a good price if you ever decide to. It’s like with cars – the ones that are well looked after are worth more.

Just like rare cars, yachts that are hard to find or have something unique about them can end up being worth a lot. Limited editions or yachts with cool features can be a smart pick.

Mixing Passion and Smart Investing

So, getting into yachts can be about more than just loving the ocean. If you play your cards right, it’s a place where passion and smart investing meet. Keep an eye on the market, know what’s in demand, and you might just find a yacht that brings joy and a nice return.

And when you’re ready to start looking for that perfect yacht, talk to a Fly Yacht team member. We know our stuff, and we’re here to help you make a choice that’s both fun and smart.

Dreaming of owning a yacht?  Fly Yachts  has a variety of  yachts for sale . If you’re looking for something custom, their  build a yacht  service lets you design a yacht tailored to your preferences. Discover what makes them unique by visiting the  About Us  page. For adventurers, the  charter destinations  page lists beautiful places to sail. Considering  selling your yacht ? They offer assistance to ensure a smooth process. Aviation enthusiasts can check out  aircraft for sale . Keep up with the latest yachting news by following  Gulfstream News . Any questions? The  Contact  page has all the details you need. For those interested in experiencing yachting without owning, their  yachts charter  options are perfect. Additionally, for more engaging insights and stories about yachting, don’t miss reading their  Compass Articles .

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Is a Boat a Good Investment? Everything You Need to Know

One of the main advantages of investing in a boat is that it can be used as both a mode of transport and a place to relax and enjoy yourself. This means that you’ll get more value for your money than if you were to invest in a traditional investment such as stocks or bonds. Additionally, boats tend to hold their value relatively well, so you can expect to get a good return on your investment if you decide to sell in the future.

Of course, there are also some disadvantages to investing in a boat. One of the biggest is that they can be expensive to maintain and repair. Additionally, boats can be difficult to resell, so you may not recoup your entire investment if you decide to sell sooner than expected.

Overall, whether or not investing in a boat is a good idea for you depends on your personal circumstances and goals. If you’re looking for a fun and rewarding leisure activity that will also provide you with some financial return, then buying a boat can be a great option. However, if you’re simply looking to make a quick profit, then you may be better off investing in something else.

Do yachts appreciate in value?

This is a difficult question to answer, as there are many factors that can affect a yacht’s value. Some of these include the age of the yacht, its condition, and the market conditions at the time of sale. Generally speaking, however, yachts do tend to appreciate in value over time. This makes them a good investment for those looking to get a return on their money.

What are the benefits of owning a yacht?

There are many benefits to owning a yacht, including the ability to travel in style and comfort, the potential to generate income through chartering, and the satisfaction of knowing you own a valuable asset. Additionally, yachts can be used as collateral for loans, which can give you access to capital if you need it.

What are the risks of owning a yacht?

There are also some risks associated with owning a yacht, such as the high cost of maintenance and repairs, the possibility of damage or theft, and the potential for liability if someone is injured on your vessel. However, these risks can be mitigated by taking precautions such as purchasing insurance and keeping your yacht well-maintained.

Ultimately, whether or not investing in a yacht is a good idea for you depends on your personal circumstances and goals. If you’re looking for a fun and rewarding leisure activity that will also provide you with some financial return, then buying a yacht can be a great option. However, if you’re simply looking to make a quick profit, then you may be better off investing in something else.

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6 Steps To Evaluate The Correct Value Of A Yacht For Sale

By Emilie Barland | Posted On Aug 07, 2017 Updated On Feb 25, 2019

Whether you are looking to purchase or sell a yacht, evaluating its financial value is absolutely crucial to a successful transaction. Without this type of evaluation, you risk making a bad deal that could negatively impact your finances moving forward.

But just how do you evaluate your future of existing boat? When looking at yachts for sale , the evaluation can be more general as you decide whether the selling price is worth your investment. When selling your own, of course, that evaluation is more complex and should be done with the help of professional brokers. In either case, here are 6 variables that will help you estimate just how much the yacht is worth.

1) The Size of the Yacht

Obviously, size matters. Larger yachts tend to cost more money, as they tend to have more space available for anyone aboard. It’s important to consider size in terms of both overall length and interior square footage. Both will directly impact how much the boat is worth.

2) The Age of the Yacht

Just as obviously, age also matters. Older yachts tend to be less expensive, as they already have sometimes significant wear on their bodies. The average lifespan of a yacht depends on its state of repairs (more on that below), but a boat near the end of its life will become less valuable to both the seller and buyer.

3) The Location of the Yacht

You might be surprised just how much the location matters when you buy or sell your yacht. Warmer climates tend to result in more expensive ships, while colder climates and less popular ports can depress values. At the same time, yachting also tends to be a supply and demand economy; the more ships are for sale in the area of the yacht you’re looking at, the lower the price and value will be.

4) Current State of Repairs

As much as the age of the ship in question matters, its current state of repairs may be just as important. Naturally, the degree to which an older ship is renovated can play into its value. External repairs also matter; a well-maintained yacht has a significant advantage over one that can barely stay above water.

5) Time on Market

The longer a yacht remains available for sale, the more its value will depress. Again, the reason is a simple demand equation: when demand proves negligible at the current price, that price has to be lowered to continue attracting interest. On average, it takes about a year to sell a yacht. If the ship in question has been on the market for longer, its value might be affected.

6) Additional Features Above Standard

Finally, pay special attention to the features the boat you are considering offers that other, comparable ships do not. These features, of course, can range widely depending on the size of the ship and especially for luxury yachts.

We offer ships with helicopter pads, drydocks, space for jetskis, exterior pools, and much more. On the interior, crew’s quarters, master retreats, dedicated dining spaces, and media rooms are just some of the many possibilities. The more features, the more valuable the yacht will become.

These six steps are a great starting point to evaluate the yacht. Of course, other factors also matter; for instance, the health of the engine is a vital variable in determining its worth. It also makes sense to browse the web and yachting magazines for comparables in order to get a better idea of its value.

Finally, consider working with professional brokers for a more accurate estimate of your yacht’s value. The increased accuracy you get will be well worth this additional step to make sure you get a good deal. Contact us directly, or fill out our yacht evaluation form to get started on that process.

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What Is My Yacht Worth?

The purchase price of a yacht and associated initial expense are your entry ticket to ownership. Crewing, maintaining, repairing and using your yacht is an expensive pastime and you need to be willing to spend what is necessary to keep the resale value as high as possible. Unfortunately, very few yachts appreciate in value over time and when the decision comes to sell, owners are often disappointed to hear that their yacht is seldom worth what they have spent on it since day one plus the brokers commission, maybe some profit and a little room to negotiate an offer…

In order to ascertain the value of a yacht in the sales market at any given time, the most fair method in my opinion is to quantify the general condition of the yacht through a personal visit by an experienced broker and maybe a surveyor, taking into consideration as many aspects of its condition as possible, obtaining references from the owner and captain or senior crew and then to compare these details with the asking prices of other yachts of a similar pedigree, age and condition which are for sale at the time of the evaluation. Recent sales of similar yachts may give an approximate indication of the likely selling price but this information is very rarely available or made public.

If the reason for valuing the yacht is to offer it for sale, then it will depend on how keen an owner is to sell, as to how high or low the asking price is set. Normally setting an asking price too high compared to similar yachts for sale, will not encourage many inspections or offers unless the yacht is highly desirable and is in excellent condition, or a potential buyer simply falls in love and  wants the yacht at any cost, which does happen sometimes.

There is a lot of information available nowadays on yachts and their specifications, and even refit history on specialised websites. One such company with many years’ experience in the commercial shipping market has even taken on the task of producing valuations for yachts for use by financial institutions and entities who would otherwise have difficult access to reliable yachts values.

Ultimately though, it is the market which gives a yacht its real value at the point of sale when a buyer and a seller finally agree on a price, the broker is in agreement and a sale can be completed.

Sell a Superyacht with our Superyacht Brokers

Rely on our expertise for the timely sale of your yacht. Our luxury yacht brokers are here to help.

Sell a Luxury Yacht with Expert Superyacht Brokers

Selling a yacht can be a significant enterprise, and with a transaction of such size, it is imperative to consult the services of experienced luxury superyacht brokers .

With over three decades of brokerage sales and purchases and countless time spent working at sea, our Moran Yacht & Ship superyacht brokers offer clients an unparalleled level of technical knowledge and experience when selling a yacht – alongside the resources and relationships needed to execute their transactions successfully.

Moran’s Yacht Selling Process

We understand that listing your yacht with a brokerage is a significant undertaking. We have streamlined our yacht selling process to ensure the timely sale of your yacht. By listing your yacht with an experienced international yacht brokerage like Moran , you are guaranteed to receive professional advice and support that results in a smooth, successful yacht sales transaction.

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Choosing the Right Yacht Sales Broker

When Moran Yacht & Ship is appointed as the exclusive agent for the sale of a vessel, one of our certified yacht brokers will set the yacht-selling process in motion. All Moran brokers are qualified, experienced, and certified, and we pride ourselves on being knowledgeable about the latest market trends and yacht valuations. A dedicated yacht broker will keep you informed of the latest developments and progress of your yacht sale throughout the entire process.

Marketing & Promotion

As an established, internationally recognized brokerage, we have extensive marketing resources. Moran’s yacht sales and marketing team go to work developing and implementing a tailored strategy to achieve a speedy and successful sale. Our luxury yacht brokers immediately start promoting the vessel on a global scale directly to a targeted lists of individuals. By employing a proactive approach of direct contact with these individuals, including telephone, email, mailings, and face-to-face meetings, our superyacht brokers have produced astonishing yacht sales for our clients.

Negotiation

We will coordinate with interested parties to provide yacht tours and answer any questions. When a buyer expresses interest, your dedicated Moran broker will handle the negotiation process, including price, terms, and conditions. Our main objective is to achieve the best possible deal for yacht owners while ensuring the buyer’s needs are met.

Contracts & Closing

Once an agreement is reached, Moran will assist in drafting the sales contract and will also help manage any necessary documentation, such as surveys, inspections, and title transfers. A yacht broker will work to facilitate a smooth closing process, which involves the exchange of funds, transfer of ownership, and the finalization of the sale.

Featured Recent Yacht Sales

Selling a luxury motor yacht or superyacht is a major undertaking, and we are proud to display some of our latest successful brokerage sales:

Superyacht Brokers You Can Count On

The fact remains that Moran Yacht sales have been consistent and timely for well over three decades, resulting in a reputation our luxury yacht brokers are now renowned for.

Why list your yacht with Moran?

• Established yachting network
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• Seamless yacht selling process
• Professional yacht marketing
• Objective advice
• Legal and financial advice
• Post-sale support

Request a Valuation for Your Yacht

Our yacht brokers are experienced valuers and will determine the fair market value of your vessel. We consider several factors when determining the value of your yacht, including its age, make and model, condition, size, equipment and accessories, maintenance history, location, and current market demand and conditions.

Yacht Sales FAQs

How do i sell my yacht.

First, engage a professional broker to simplify the yacht selling process and help you navigate legal and financial aspects. Your yacht broker will then evaluate your yacht, taking into account the current yacht market and considering aspects like your yacht’s age, condition, size, and unique features. Next, your chosen yacht brokerage will begin the advertising phase, creating an enticing listing for your yacht with high-quality photos and a detailed description. Lastly, your yacht broker will negotiate a fair price with interested parties and conclude the yacht selling process by drafting a sales contract and providing post-sale assistance.

Where is the best place to sell a yacht?

The top three places to sell your yacht are:

• Yacht Brokers – Yacht brokers are professionals who can help you market and sell your yacht. They have extensive networks and industry knowledge, which can be particularly valuable for high-value yachts.
• Yacht Shows and Expos – Participating in yacht shows and expos can expose your yacht to a large audience of potential buyers. It’s a great way to showcase your yacht’s features and meet buyers in person. The chances of selling your yacht at a yacht show are significantly better if a trusted yacht brokerage represents you.
• Online Yacht Marketplaces – Established yacht brokers have a broad reach and attract potential buyers worldwide to their website yacht listings. A solid social media presence also doesn’t go unnoticed by interested parties, and yacht shows are a great way to showcase superyachts for sale.

How can I sell my yacht fast?

A well-presented, immaculate yacht with a competitive price and a professional listing will sell faster. A yacht sales broker who spends time on advertising and is responsive to inquiries ensures that the sale of your yacht is sped up. A visually appealing yacht that utilizes staging and decor and brokerages who offer further incentives to buyers will also increase the rate at which your yacht will be sold.

What is the resale value of a yacht?

The resale value of a yacht refers to the estimated price a yacht can command on the secondary market when the owner decides to sell it. It is influenced by various factors such as the yacht’s age, brand, condition, size, features, market demand, and economic conditions.

How do you value a yacht?

Our team conduct extensive market research to assess the current state of the yacht market, considering recent sales and pricing trends for similar vessels. They then gather information about the yacht, including its make, model, year, size, equipment, amenities, and overall condition. The yacht’s history, maintenance records, usage (private or charter), and any notable upgrades or repairs are also carefully examined.

The reputation and perceived quality of the yacht’s manufacturer or brand are factored in, as well as its geographic location and market-specific demand. Comparable sales data is used to benchmark the yacht’s value, and any unique features, customizations, or recent upgrades are considered.

Ultimately, the broker’s experience and expertise in valuing yachts play a crucial role in arriving at a fair market value, which serves as the basis for setting an asking price that balances the seller’s expectations with the current market conditions, with the goal of attracting potential buyers and facilitating a successful sale.

Do yachts appreciate or depreciate?

Yachts typically depreciate in value over time. Like most luxury assets, they experience wear and tear, and their value diminishes as they age. However, the depreciation rate can vary depending on the yacht’s age, maintenance, brand, and market conditions. Regular maintenance, upgrades, and features that enhance a yacht’s appeal can slow down depreciation, and of course, buying a used yacht will produce less of a depreciation hit.

Do yachts go up in value?

Yachts, as a general rule, do not typically go up in value. However, the depreciation rate can vary depending on the yacht’s age, condition, brand, and market demand. Well-maintained, high-end yachts with unique features may retain their value better than others. Since the pandemic, some pedigree yachts have sold for more than the original price because it means that interested parties don’t have to deal with a waiting period.

Do boats appreciate? A simple newbie’s guide with examples

Wouldn’t it be nice to buy a product for x amount and sell it for 2x or more in the future? So, the same form works for boats? Do boats appreciate in value over time?

Most boats generally won’t appreciate in value, but some popular old or classic or high-end boats and the boats owned by celebrities could appreciate over time. Besides, buying a boat that is desired by others, maintaining it well, and selling it when the demand is high will give high resale value.

Here and there, you will be hearing stories about someone’s boat that got appreciated in value or something like that. And you might think that it is true that all boats will appreciate in value, no it isn’t. Some classic old models or any could appreciate, not the normal ones most people use.

That doesn’t mean that boats will depreciate fast . Maintaining it well and selling at the right times will give high resale value. And generally, fishing boats, sailboats, yachts, high-end boats will have a low depreciation rate compared to other boats like pontoon boats, deck boats, etc.

Below is a table showing some popular boats’ depreciation rates at different price points along with examples. Those are the average values left at those respective years.

Sometimes, even if you sell the boat for the same price you paid 20 or 25 years earlier, you will still be losing the value due to the inflation rate along with extras (maintenance, storage, accessories, insurance, and repairs, etc.). You aren’t getting the same value for the amount you paid 20 or 25 years earlier.

For example – You purchased a boat for $20,000 in 2000, and you considered selling it in 2025. Even if you sell it in 2025 for $20,000, you will be losing $14,481 because you are missing the inflation rate (It is the percentage rate of change in prices (dollar) level over time). The dollar had an average inflation rate of 2.19% per year between 2000 and 2025, producing a cumulative price increase of 71.91%. The buying power of $20,000 in 2000 is predicted to be equivalent to $34,381.48 in 2025 ( source ).

However, inflation isn’t a genuine concern much because you will have fun using your boat for 25 years. But, the point is even if you sell the boat for the same price you paid 25 years earlier, you will still be losing the value due to the inflation rate along with extras (maintenance, storage, accessories, insurance, and repairs, etc.).

So, depreciation isn’t the thing you need to concern about; focusing on the little things like maintenance and taking good care of the boat will decrease the depreciation rate . That being said, we will now see how to increase the boat’s resale value.

How to increase the boat’s resale value?

However, we can’t stop the boat depreciation from happening altogether, but you can slow it down by knowing the boat’s depreciation causes and taking appropriate actions in advance. In return, the resale value could increase. So, here’s how you can increase the boat’s resale value.

Buying a popular model boat that is desired by others, maintaining the boat well, and selling it when the demand is high will increase the boat’s resale value. A well-maintained and popular boat will depreciate very less compared to other boats.

That being said, we will now see those reasons in a detailed way.

Good maintenance will increase the boat’s resale value

Maintenance is crucial for any vehicle; more importantly, engine maintenance is vital; hesitating to do regular checks or maintenance will worsen the boat’s condition, affecting its durability and decreasing its life span. Eventually, it will decrease its value quickly than anything else.

Since boats are used in the moist environment (water), it often needs regular checks after every ride and regular maintenance. Boating in saltwater and hesitating to clean the boat after every or two or more rides will leave salt and dirt in the engine interiors, causing corrosion or any.

Many people will be looking at the “number of hours used” before buying any used boat, and many of them won’t care how big those numbers are if the boat is in good condition and maintained well. If the boat isn’t in good condition, many won’t show interest in buying, forcing you to drop the price.

Similarly, regardless of the water (salt or fresh), you are boating in, a boat engine sucks raw water from the lake to cool the engine, and in that process, it can suck any dirt, weeds, mud, etc. To clean that, it requires you to flush the boat outboard or inboard or sterndrive after every ride.

Avoiding those types of cleanings after every ride, not changing the gear oil every season, not inspecting the hull after every ride, etc., will degrade the boat’s condition, depreciating its values quickly. So, do regular checks and maintenance for your boat to increase the resale value .

More demand & less supply will increase the boat’s resale value

Deman & supply is crucial in any business. If there is more demand for the product you are selling, the sales go skyrocketing like bananas (crazy). Similarly, if the demand is less and the supply is more for the product you are selling, no one buys the product you are selling.

Similarly, if the demand is more and the supply is less for a boat you are selling, many people will try buying your boat. Otherwise, if there is less demand and more supply for a boat you are selling, the probability of someone buying your boat will be very less.

By some reports, purchasing a Bayliner is not a wise investment. Since they are widely available (more supply than demand), their value depreciates considerably. Their resale value is adversely affected since many boats of this brand are available in the market (more supply). BOATING GEEKS

If you are selling a boat in winter where demand will be less and supply will be more, no one buys it. Eventually, you need to reduce the price to sell it, decreasing its value. If you sell the same boat before the summer season (the demand will be in peaks), you could get many offers, appreciating the boat’s value.

All it’s about is selling the boat at the correct times to get more money out of it. Generally, many people will try to sell their boats after the boating season when the demand is less, having a hard time giving it away. So, sell it when the demand is high to get more out of it.

Place you are selling the boat could increase your boat’s resale value

The boat depreciation or appreciation rate also depends on the location you sell the boat. Buying a boat in Florida is entirely different from buying one in California or New York. You could get more money in California or New York for a boat than in Florida due to more demand and less supply there.

Yes, in Florida, boats are a bit cheaper because the demand is steady throughout the year since more boats are available in Florida (new and used) than in other states. It also needs high maintenance due to high temperatures & salinity, and the long boating season drives the price down.

Pilothouse boats (a deckhouse for a ship’s helmsman containing the steering wheel, compass, and navigating equipment) are very unpopular in southern regions. But In the northeast, anything with a pilothouse holds its value even for years (10 to 20 years) well.

So, if you are selling your boat in those areas (with more supply and less demand), you will be losing value. So, where you will be selling the boat (location) is crucial; if you are selling in a place with more demand, you will get the most out of it and sometimes more.

For example, it’s hard to sell a bass boat in the Bahamas than in Michigan, Alabama, Texas, etc., since bass fishing is very popular at those places than in the Bahamas. So, the location where you are selling the boat is crucial, and it sometimes results in good resale value.

Popular boats will have good resale value

Everyone who is purchasing a product will first look at the brand, whether it is well recognized or not? Because a well-known brand assures you many things. The same elements work for the boats too. A boat under a well-recognized brand will be expensive than a similar boat under a less recognized brand.

So, people who can’t afford to buy a high-end (well-recognized) boat will try to buy a used boat. Since there is a demand for that boat, you could increase the resale value. So, more importantly, buy a boat that others desire to get a good resale value ( though its maintenance is crucial ).

It’s not unusual to see 20 to 30-year-old boats being used and in good shape, and re-powering boats is a thing, too, meaning that even with bad engines, a good hull and interior are worth something. So, if you have taken good care of your boat, you can sell it after 20 years for a good value.

Simply buying a popular (well-recognized) boat brand isn’t sufficient; you need to look whether others were also looking into similar kinds of boats or not. If many people like a boat similar to yours, then depreciation isn’t the thing you need to worry about; you need to worry about its maintenance.

Ultimately, buying a hull form that is unpopular in your area will have you a hard time selling it away. So, buy a popular model boat (need not be an expensive model boat) at least not to have a low resale value at the end if you are more concerned about the boat depreciation.

The same phenomena work for old classic boats; if you have any old classic boats, you can charge how much you want until the buyer is willing to pay for it. And the boats owned by celebrities also increase in value largely compared to other boats.

Do boats depreciate faster than cars?

Cars depreciate faster than boats because the boats are used less than cars in general, so normal wear and tear would be less. And in most places, there will be more demand and less (moderate) supply for a boat, which won’t depreciate it quickly. So, that’s why cars depreciate faster than boats.

So, cars depreciate faster than boats, not the reverse. However, if the boat isn’t maintained well and had any issues, its value goes down significantly (it could depreciate faster than a car). The boat or car “maintenance” is essential here, nothing more or less.

However, they are many ways to slow down the depreciation rate by maintaining the car or boat well, buying a car or boat that is desired by others, buying limited-edition models, etc. Demand matters less for a car because there are many cars, and there is no offseason like boats.

Unlike boats, cars are used daily by many people. Daily usage could increase the car’s natural wear and tear. However, you can maintain it well by doing regular checks or any. Eventually, the car’s performance or look will be degraded (reduced) if it is used quite often, depreciating its value quicker than boats.

Did you know? A brand new car, on average, loses its values by 20% to 25% as soon as it is purchased or drive off the lot (showroom). However, there will always be an initial loss in resale value when you buy a new car or a boat. If you get a bargain, you can reduce the amount of that loss.

Ultimately, the depreciation rate is decided by how well the boat or car is looked after. If it’s subject to regular maintenance, properly used, and adequately cleaned, then the rate of depreciation may slow somewhat.

Relates post – Do boats depreciate faster than cars? Check this article to know all the reasons why boats depreciate faster than cars in a detailed way, along with the average depreciation rates of some of the popular cars and boats at different price points under $100K.

The takeaways from the post

Boats won’t appreciate in value over time; mostly all boats depreciate over time, though you can slow down the depreciation rate by maintaining it well, buying a boat that others desire (like popular or limited edition models), and selling at the right times when the demand is high, etc.

Even if you used your boat very little and didn’t take proper care of it, it worsens the boat condition, depreciating its value quickly. So, “maintenance” is crucial, and how many hours you have used doesn’t matter much as long as you have taken good care of it and looking good.

However, if you are selling your boat in areas with more demand and less supply, your boat’s value increases (regardless of the boat). So, where you will be selling the boat (location) is crucial; if you are selling in a place with more demand, you will get the most out of it and sometimes more.

Finally, buying the right boat, which is desired by many, and selling it at correct times, when the demand is more, will be the right move and leaves you more cash.

My name is Mahidhar, and I am passionate about boating. Every day I learn some new things about boats and share them here on the site.

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Yacht Depreciation Guide: 6 Helpful Examples (With Numbers)

Whether you buy a new yacht or an older yacht, you’ll likely have to deal with depreciation.

It is helpful to know how much your yacht will depreciate over time. Owning the perfect yacht can be one of life’s greatest pleasures, but it is not free.

This post analyzes three ranges of yacht sizes to identify depreciation that is typical for each of these different sizes of yachts.

Note that these values have been determined from listing prices, and your actual cost could be lower if you are a good negotiator:

Table of Contents

How Much Does Each Yacht Size Depreciate In Value?

Before we dive into the examples for each yacht size, here are the numbers we came up with during our research.

These are values from 2021:

When you look at the numbers like this, it is interesting to see how depreciation is relatively consistent for all of these yachts’ sizes.

The range of depreciation is more varied in the 1 to 3 year age, but then it is very much the same by year 7.

The range of early depreciation may likely result from different levels of maintenance and wear that could be a bigger factor for newer yachts.

After looking at the depreciation on all of these yachts, it is important to realize how it will affect the value of any yacht you might consider buying.

Depreciation in the first year ranges from 9 to 19 percent.  Over the first 3 years, the depreciation is from 21% – 33% or 7% – 11% per year.  Over 7 years, the depreciation is essentially 45% or 6.4% per year.

30-40 ft. Yachts:

1. tiara yachts 39 open.

A Tiara Yachts 30 Open in 2020 had an MSRP of $901,000, but the actual sales price was likely about $800,000.

These yachts have twin diesel engines, about 480 hp each, generator set, AC, and high end finishes:

• The listing price of a 2020 yacht in 2021 is $669,900.
• The 2018 model with very low engine hours (168) has a listing price of $649,999, and another one is priced at $579,000.
• The 2014 model has listing prices of $479,000 and $489,000.
• For comparison, a 2010 model was priced at $429,900, so the older ones are not depreciating as fast after 7 years.

From these values, the first-year value lost is about 16%, the 3-year value lost is about 23%, and the 7-year value lost is about 40%.

2. Sea Ray Sundancer 350 Coupe

This yacht has a price in 2021 of about $556,000, depending on equipment and options.

It comes with twin gas engines, 380 hp each, AC, generator, and entertainment package.

• A 2020 model was listed at $425,000.
• A listing for the 2018 model with low hours is $389,000; others are listed at $375,000, $365,000, $360,000, and $345,000.
• The 2014 model had listing prices of  $349,000, $345,000, $268,500, $235,000 and $189,900.  Models over 10 years old were in the $120,000 to $150,000 range.

From these values, the first-year value lost is about 23%, the 3-year value lost is about 34%, and the 7-year value lost is about 50%.  Older boats lost about 75% of their current value.\

The clear message from these numbers is that depreciation is much faster in the first year and decreases in later years.

Also, note that the Sea Ray has gasoline engines, and it lost its value faster than the Tiara with diesel engines.

41-50 ft. Yachts:

1. tiara yachts 44 coupe.

The Tiara Yachts 44 Coupe comes with twin diesel engines, 480 hp each, and all the custom features you expect.

The price for a new 2021 version is about $1,100,000.

• A 2020 yacht is listed for $990,000.
• Current listings for the 2018 model are $799,000 and $789,000.
• In 2014, the 44-foot model was called the Sovran, and it is now listed for $499,900.
• Models over 10 years old are listed for $339,000 to $429,500.

From these values, the first-year value lost is about 10%, the 3-year value lost is about 28%, and the 7-year value lost is about 55%.  Older yachts lost 65% of their current value.

2. Viking Sport 48

This yacht is a sport ocean fishing vessel with twin diesel engines, 1200 hp each, and can cruise at 36 knots.

The 2021 price is about $2,100,000:

• A 2020 model is listed for $1,950,000.
• A 2018 model is not currently listed, but a 2017 model is priced at $1,775,000.
• 2013 50′ Viking is priced at $1,250,000.
• The ones more than 10 years old generally have prices over $785,000.

From these values, the first-year value lost is about 7%, the 3-year value lost is about 15%, and the 7-year value lost is about 40%.

The older yachts lost about 63% of the current value.

These yachts have the same depreciation pattern as the smaller size range, with it being much faster in the first year and then decreasing over time.  In this case, the depreciation was not as high in years 1 and 3, but it was about the same by year 7.

Interestingly, the Tiara Yachts 44 lost its value more quickly than the Viking sportfishing yacht.

Apparently, the Viking market reputation and value are higher.

51-60 ft. Yachts:

1. hatteras m60.

This yacht is a very comfortable custom-finished vessel with an enclosed flying bridge, powered with twin 1150 hp diesel engines.

Each vessel is customized by the new owner, with a typical price of about $3,350,000:

• A one-year-old model has an asking price of $2,990,000.
• There are no 2018 era yachts listed at this time, but they would probably be priced at $2,250,000.
• A 2012 model has an asking price of $1,799,000.
• A 2011 model has a price of $1,249,000.

From these values, the first-year value lost is about 11%, the 3-year value lost is about 33%, and the 7-year value lost is about 46%.

2. Viking 58 Convertible

This yacht is a luxurious sport fishing vessel with a tower flying bridge powered by twin 16oo hp diesel engines.

The 2021 MSRP is $4,195,000:

• There are no one-year-old models listed currently, but they are estimated to cost about $3,250,000.
• A similar 2018 model has a listing price of $2,750,000.
• The 2014 era models are listed at $2,495,000 and $2,250,000.
• The pre-2011 models are listed at $2,150,000 and $1,950,000.

In this size range, the Hatteras Motor Yacht lost its value at about the same rate as the Viking sportfishing yacht.  Both the Hatteras and the Viking have good market reputations.

Do Yachts Depreciate Faster than Other Types of Boats?

We found that sailboats seem to have the least depreciation over time.

Our Boat Depreciation Guide is a great resource that shows that cabin cruisers and fiberglass boats both have somewhat less depreciation than yachts in the first years after they are new.

After 7 years, the yachts seem to continue losing value, but more slowly compared to smaller boats as they get that old.

What Can You Do to Make your Yacht Keep its Value Better?

In all the cases that we researched, the owners maintained their vessels properly, which is very important to when attempting to maintain their value.

The example of the one yacht with gas engines lost value slightly more than the other yachts with diesel engines.

When buying either a new or used yacht, paying somewhat more for diesel engines will reduce the rate of depreciation.

Therefore, keeping your yacht as well maintained as possible and investing in the right engine will help you maintain its value for longer periods of time.

Which Types of Yachts Depreciate the Least?

According to our research, the yachts in the 41 to 50-foot range did not lose value so much through the first 3 years, but they lost value faster by year 7.

However, this could result from the particular prices at the time of our research or the notably better values of the Viking 48.

However, the overall depreciation for all sizes of the yacht was basically similar.

Although depreciation is inevitable, the yachts that hold their value the most are the ones that are maintained the best.

How Long will a Yacht Typically Last?

Once a yacht reaches a certain age, their value is completely dependent on their condition, which means how well they are maintained.

Before about 1965, yachts were often built in wood, and the cost to maintain a wooden vessel at some point can be more than its value.

Yachts’ built-in fiberglass will not require as much maintenance so that they could last for over 100 years.

As long as yachts are well maintained, they will typically maintain a baseline value, but the maintenance cost is higher than when they were new.

Yachts that are not well maintained continue to lose value until they can only be sold as junk or parts.

What’s the Best Age to Buy a Yacht Regarding the Depreciation?

As far as depreciation goes, buying an older yacht that is well maintained will be the lowest-cost approach.

Although it is not identified in the numbers here, it seems that when a yacht reaches an age of about 20 years, it has reached a baseline value, and it can be maintained at that value with regular maintenance for the next 20 years or so.

At some point, though, a yacht will require major rehabilitation or restoration, and this is expensive.

It is very important to remember that an older yacht will require more maintenance than a newer one, though.

Another thing to consider is to buy an older yacht that has recently been upgraded (like with new engines), to reduce the cost of future maintenance.

Final Thoughts:

Like many new expensive things in life, yachts will depreciate fairly quickly, but they will depreciate slower as they get older.

If you can afford a new yacht, it will feel fantastic to buy one brand new and have it customized for all your preferences and desires.  But remember, yachts are a financial expense, and you’ll likely spend a lot more time and money on them than you ever thought you would.

You’ll lose money to depreciation, insurance, maintenance, repairs, dock fees, storage, and maybe even for a captain or crew.

You’ll spend time taking safety courses, washing, making repairs, calling insurance companies, bringing your yacht to and from the docks, and you’ll probably be learning something new every time you go out.

This doesn’t mean you shouldn’t buy a yacht.  If cost is a concern, a used yacht can be much more affordable than a new one.

A well-maintained older yacht can provide many years of pleasure.  It is also possible to find an older, well-built yacht with new engines selling for what it would cost to buy only the engines!

Just remember the numbers from earlier so that you won’t be disappointed when you want to sell and find your yacht isn’t worth nearly as much as you paid for it when you bought it.

References:

Yachtworld – Yacht Pricing & Current Costs

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Do Boats Hold Their Value Or Is The Depreciation Worth It?

Most people who are considering buying a boat, whether new or used, naturally consider how much the boat will cost them over their time of ownership. Everyone should know that, just like most things you buy, they depreciate over time. However, that doesn’t mean you’re not getting a return on your money.

In general, boats lose about 36% of their value after 10 years of ownership. Boats lose between 23% and 30% after 5 years and between 18% and 22% after only 1 year of ownership from a new current year purchase. This is considering the boat being properly maintained and kept in good overall condition.

Obviously there are a lot of variables that come into play with these numbers (like “Condition Is Everything When Reselling”), but I will provide exactly how these percentages were derived. First off, this was considering buying a brand new boat and absorbing the full depreciation, so let’s dive in and find ways to make the numbers work out better.

Depreciation On A New Boat

I did my research on new boats built by two different manufactures that are most common and attainable. For the budget minded boater, we uses Bayliner for our example and for the more premium boat buyer, we used Crownline.

I kept this comparison to just the boat’s value. No trailer was considered, so we didn’t skew the results on the depreciation of the boats.

Both manufactures build great boats, but we wanted to use boats that have different levels in their new boat pricing. These examples also had to be very comparable in boat size and engine horsepower. All boats were bowriders from the 215 series of boats.

During my research, it was very surprising that in forum discussions, an overwhelmingly large percentage of people seem to think that if you buy a higher quality (price) boat, that the boat will retain it’s value better. While there are so many variables that come into play, there may be cases like this, but lets keep going to find out the general truth.

I am going to put a table with the boats and their values to show the rate of depreciation. Again this is using virtually the same boat manufactured by a budget manufacture and a more premium level manufacturer. We’ll discuss the findings right below the tables.

Bayliner 215 Series Depreciation

Crownline 215 Series Depreciation

As you can see, the overwhelmingly large percentage of people thinking that if you buy a higher quality (price) boat, that the boat will retain it’s value better, are actually wrong. Let’s break down the data and see what reality provides us.

When looking at “boat for boat” between the manufactures, it is clear that the more budget minded choice manufactured by Bayliner Boats loses less money per year in every age category. In fact, even in the worst case scenario of selling your boat at only 1 year old, the Bayliner lost only half or what the Crownline boat lost.

When considering the amount of actual dollars lost from the time the boat was purchased new, the difference between the Crownline and the Bayliner breaks down like this:

• The Crownline lost 29% more than the Bayliner did per year when held for 10 years.
• The Crownline lost 41% more than the Bayliner did per year when held for 5 years.
• The Crownline lost 50% more than the Bayliner did per year when held for 1 year.

Here’s the biggest issue the way I see it from a depreciation standpoint. While the Crownline may have a little nicer finishes, both boats are going to do about the same job for you, because they are the same style, size and horsepower. The issue is that you are paying “a lot more money” to “lose more money” with the Crownline!

But WAIT, there’s more! If you bought the Bayliner used, when it was only 1 year old and then used it for 4 years then sold it, it would have only cost you less than $500 per year to own it! AND the boat was virtually new!

If you did this same used boat scenario with the Crownline, it would cost you about $2,500 per year to own it. These are exact numbers from NADA. So if you really had your heart set on a new boat, then do your research on values. In this case you would be doing great by buying the Bayliner at 1 year old and using it for 4 years of enjoyment and memories.

Depreciation On A Used Boat

I can assure you that most people will not do this. Most people buy a boat on a whim. When they decide they want a boat, they want it now. They just want to find one they like and one that the bank says they can afford. “No time for research”, just instant gratification.

Buying a new or near new boat comes with a significant price tag. Since a lot of people will be looking to spend less money for a toy, we should look at some boats that are a bit older. I have had boats that were 20 to 30 years old that had been taken care of with proper maintenance, and were very dependable boats.

For instance, a 20 year old  21′ Bayliner with 220 HP is going to cost about $7,000. Find one that has been taken care of and it will be a great boat for you and your family. I sold one of these that was 25 years old for $6,200. It was a fantastic boat!

The one difference was that mine had a 5.7 Merc in it, which was almost 300 HP. So we have to add about $500 for that difference. So with an equal engine it would have been about $5,700. To own this boat for those five years, it would have cost you about $1,300.

You could have owned this boat for those 5 years and only depreciated $260 per year. This isn’t perfectly accurate because mine had a trailer and all the NADA quoted boats were just for the boat, but you can buy a trailer for $600. I have bought them for $100 as you will see in other articles. You could always pay more, but why would you if you don’t have to?

Just for reference, I bought that boat for $4,300. I owned it for 6 years (because it was awesome), then sold it for $6,200. I made $1,900 on it after enjoying it for 6 years. Don’t let anyone tell you that you have to lose money on a boat.

Maintenance Expense On Older Boats

It makes sense that there will be more repairs needed with an older boat, but as far as on going maintenance, it will be about the same as a newer boat. Maintaining a boat consists of things like:

• Finding a suitable storage location
• Inspecting the boat for any damage or wear
• Doing any required repairs
• Grease, lubrication, and rust preventative
• Clean and protect your boat inside and out
• Winterizing pre-steps and required supplies
• Steps to properly winterizing your engine(s)
• Outdrive and outboard drive oil
• Removing water from every water system on board and treatment
• Seal out the harsh elements of weather
• Trailer prep and maintenance

This list is from a great article for you to read that covers what it takes to prepare your boat for extended storage, but also shows what a year of maintenance looks like to keep your boat in a great, reliable condition. This is good for you during ownership and makes for a better boat for resale when you are ready to upgrade.

This is why I suggest people take their time and find a boat that has been maintained and in good condition. If they cared for keeping it looking really nice, the oil looks clean and the engine compartment is clean, the boat has been most likely treated very well.

You will find boats that have been maintained at many different levels. You may find a boat that had an owner that cared well for the engine and mechanical’s of the boat, but didn’t necessarily take good care for the boat’s aesthetic looks.

This could still be a great boat to buy at a very good discount. The aesthetics of the boat don’t cause ongoing problems, You repair them and they are as good as new. If you can’t do the work yourself, then find out the cost of professional repair and make an offer on the boat with this in mind.

You could end up making money on your toy! Then you move from a depreciating boat into a appreciating boat.

Your boat’s depreciation can be considered a return on investment. Let’s say that you owned your boat for five years, and you sold it for $3,000 less than you paid. Considering the annual maintenance and depreciation, let’s say your total “loss” was $5,000.

Every year for 5 years, you took the boat on summer vacation, 10 weekends on local lakes with the family, and 10 fishing days with your buddies. That’s a total of 54 days per year and 270 days of enjoyment, experiences, and memories built with family and friends.

Each day of enjoyment, experiences, and memories built with family and friends cost you $18.52 per day. Where else can you get this level of bonding and enjoyment for $18.52 for a whole day?!

You are not losing money through depreciation, you are investing in the richness of relationships 🙂

Take care of your boat and your boat will take care of you, your family memories, and your wallet.

I bought my first boat while in high school 1981. I had more hours working on it than using it in the water. I can't count how many boats I've had since, but I really enjoy reviving boats. I've had so many boats that I could never use them all. Once I fix a boat up, I play with it a couple times and sell it. My goal is to use my many years of experience, and help as many people Begin Boating.

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The World’s Most Expensive Yachts—Including Some That Cost Billions

By Brett Berk

Though superyachts are already among the most costly consumer items available, the prices of the most expensive yachts in the world are still astounding. In recent decades, those with money to burn have settled on these floating palaces as an ideal locus for demonstrating their prosperity, and, as such, the global luxury yacht industry is undergoing a golden age. The world’s überwealthy think of their motor yachts as toys, and they’re constantly trying to outdo each other in scale, design, amenities, materials, and sheer profligacy.

Knowing this, what features does it take to own one of the most expensive yachts in existence? And how much do these opulent vessels actually cost? To that end, AD has compiled a list of the five priciest superyachts currently out on the water. As with many things connected to the very wealthy, details are shrouded in secrecy—often intentionally—to shield the assets from taxation or seizure, or to protect privacy.

Below, dive into the five reportedly most expensive yachts in the world.

5. Dubai ($400 million)

This 531-foot yacht is reportedly owned by United Arab Emirates Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai. Though it was originally planned for another Middle Eastern potentate, Prince Jefri Bolkiah of Brunei, he suddenly voided the contract in 2001. With exteriors designed by Andrew Winch and interiors by Platinum Yachts, this German-built Blohm + Voss vessel features several Jacuzzis, a pool inlaid with handmade mosaic tiles that is reportedly large enough to hold 115 people, a circular staircase, a discotheque with an appropriately sized dance floor, squash courts, a movie theater, a dining room for 90 guests (the other 25 presumably have to eat in the pool?), a helipad, and a submarine.

4. Topaz ($527 million)

Resembling a stealth bomber, this 483-foot ship is reportedly owned by Russian fertilizer and coal oligarch Andrey Melnichenko. With exteriors by Tim Heywood Design Ltd. and interior designs by Terence Disdale Design, this German-built Lürssen Yacht features a 2,500-square-foot primary bedroom, six guest suites (with moveable walls so they can be transformed into four grand staterooms), glassware and tableware fashioned from French crystal, a helicopter hangar, a 30-foot speedboat tender, and three swimming pools, including one with a glass-bottom dangling menacingly above a disco.

3. Azzam ($600 million)

This 590-foot ship is currently thought to be the largest private yacht in the world and one of the fastest, with a top speed of 35 miles per hour. To achieve this immense scale and speed, it required a pair of gas turbines and two stratospherically potent diesel engines, rendering it very difficult to build. It is reportedly owned by a member of the royal family of the UAE, Sheikh Khalifa bin Zayed Al Nahyan. With exteriors by Nauta Yacht and interiors by French decorator Cristophe Leoni, this yacht was also built by Lürssen in Germany. The vessel is set apart by its early 19th-century Empire-style veneered furniture, as well as its state-of-the-art security systems, including a fully bulletproof primary suite and a high-tech missile deterrence capabilities.

2. Eclipse ($1.5 billion)

In addition to being the second-costliest, this 533-footer is thought to be the world’s second-largest private yacht. Owned by Russian billionaire Roman Abramovich , the ship was claimed to be located in Turkey and may be impounded as part of the United Kingdom’s sanctions against Russia. Designed by Terry Disdale and built by Blohm + Voss, it features two-dozen guest cabins, two swimming pools, two helipads, and multiple hot tubs. For privacy and security reasons, it hosts a missile detection system, bulletproof windows in the primary bedroom and on the bridge, an anti-paparazzi shield, and, when all of that fails, a mini-submarine that can take a few VIPs 164 feet under the ocean’s surface.

1. History Supreme ($4.8 billion)

History Supreme has never actually been seen in a major port, and rumors suggest that the yacht may not be real and instead just a publicity stunt. Reportedly owned by Malaysia’s richest man, Robert Kuok, and designed by Stuart Hughes in the UK, the yacht is only a paltry 100 feet long. Its worth is said to be derived from its lavish finishes, including a statue constructed from genuine Tyrannosaurus rex bones, a liquor bottle embedded with an 18.5-carat diamond, and a primary bedroom with one wall made from meteorite and another from a 24-karat gold Aquavista Panoramic Wall Aquarium. If you see it somewhere, let us know.

Frequently Asked Questions

How much is Jeff Bezos’s yacht?

This is why people like Amazon founder Jeff Bezos work to keep their yachts out of the public eye. Though we are not including Jeff Bezos’s yacht, Koru (Maori for “coil”), in this list because it is a sailing yacht and thus excluded from the realm of these motor yachts, it created controversy in the Netherlands when its presence became known. Jeff Bezos’s abided the $500 million price tag of Oceanco, the Dutch custom yacht builder, to create the 417-foot megayacht. But when the company, at Bezos’s behest, requested that a local bridge be dismantled to make way for its gigantic mast on its journey from the shipyard, public sentiment turned against the cento-billionaire, and Oceano shelved its request. Maybe a port like Monaco would be more accommodating?

Also not on this list is the world’s largest private yacht, reportedly owned by Alisher Usmanov. Though size and cost typically scale in the world of superyachts, this is not always the case (see #1 in this list.) Also, Somnio, the 728-feet dream-monikered yacht liner that tops our list of the world’s largest private yachts , isn’t quite done being constructed. And it is not, like most of the largest superyachts, privately owned by one individual or family—it’s a kind of floating condo, with 39 eight-figure homes available to potential owners solely by invitation.

By Amy Bradford

By Audrey Lee

By Rachel Davies

By Mona Basharat

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Boats that appreciate in value?

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I have an old VW Vanagon. It's my third one. I've owned d them for a long time. When I bought my first one it was just an old car but I liked the practicality of it- how much stuff it could haul around and still function like a passenger car, albeit a slow one. In recent years there has been a spike in interest and their value has shot up. I had 4WD model I sold years ago for $4000 and now see them regularly for over $15,000. I'm wondering if any sail boats have ever seen a similar phenomenon? I've always loved Olson 30's and have seen their value hold steady for 15-20 years. Now I am contemplating purchasing a much bigger boat for live aboard purposes as a retirement option (cashing out of our house). I know a boat will never appreciate the way our house has but I would like to think we leave something of value to our daughter when we pass on. Any thoughts on what boats that best hold their value?  

A new boat looses 20% it's value the moment it leaves the dealer. A used boat might keep its value, or slightly appreciate since the moment bought used but this is quite rare. Examples of sailboats that hold their value better then others would be Valiants, Island Packets, Swans, Halberg Rassys, Amels, Hauticats. Your mileage may vary.  

Jboats?  

With one of the worst records of water intrusion of their balsa cored hulls, not likely.  

Kinda tough to predict. I personally am a fan of the Pacific Seacraft stuff, and a lot of the Perry designs if they've been de-teaked a bit. The Seacraft stuff in particular seems to stay high priced as the years wear on, as do a lot of the Babas and the non-blistered Valiants. Trouble is that the qualities that make a boat age well and remain an excellent tool for a purpose over time aren't necessarily related to a boat's more common purpose as a status symbol or a trendy design. A big, modernist cabin and a broad beam are what people seem to want going forward, especially people new to the sailing world. I think certain "classics" probably have a higher floor than a lot of boats...but eventually there will be few left who appreciate those sorts of designs. Remains to be seen if the newer, lighter built designs will have the staying power as they age.  

My father-in-law bought a new, styrofoam Sea Snark from Sears for $100 in the early 1970s. More than 20 years later, he sold it for $200. He is the only person I know who has ever made money on the sale of a boat. A boat is a crappy investment. It's not like real estate; it won't appreciate. If you're lucky, it will hold its value but will require constant investment in upkeep. And even if its value appears to hold steady, it will be losing real value because inflation erodes the purchasing power of your money. Buy a boat because you love it and because you can afford to own it. Don't buy it because you think it might appreciate in value over time.  

Yeah, not expecting to make money, just minimize my losses by choosing a boat with good (better than bad) resale, not for really me but for my daughter when I kick the bucket. I own a home that has appreciated considerably. I can retire at 60 with full health but a minuscule income and would not be able to afford the mortgage. If I cash out I can get a nice boat 100-200k and have enough cash to manage for 25-30 years.... It's an option I'm investigating. I appreciate any advice. Thanks.  

Is there any hard data on the depreciation curve of used boats? I understand that there are a lot of variables that go into the price of a boat such as location, condition, equipment. We are still discussing selling out Nor'sea 27 with trailer (hint hint) then move up to a larger boat.  

Our 1976 Cal 2-29 originally sold for $14,500 in 1976. We sold her for $21,500 in June 2002. In a way, I wish we still had her. She was a great boat but my (much) better half wanted something larger as she said she always felt "nervous" when the "little boat" heeled. Hindsight is always 20/20, eh?  

Hey, i can't think of any boats that appreciate in value. You certainly might be able to buy a boat, and 10 years later sell it for more than you bought it. But - in that time you must put a lot of money into maintenance - sails, electronics, bottom paint, etc. So I can't think any way you will come out ahead financially. My bottom line is: Buy a boat you like - that you think is pretty, and sails nicely, and makes you want to spend time on the water. Keep the boat in good condition and you will be way ahead in the end regardless of selling price. Barry  

Nonsuch seem to retain value fairly well. Not sure if they appreciate or not, but they're always selling for markedly more than similar sized and aged boats.  

I've read (fwiw) that Tartan 37s still cost the same as new. Admittedly a dollar doesn't go quite as far as it used to.  

This just isn't possible. There's no way a Tartan 37 has the same value today as it did when new in the 70s and 80s, even if you don't account for inflation. The modern equivalent of a Tartan 37 would be probably a 3400 or 3700.Space wise, closer to the 3400. A 2007 3700 is listed for sale here: 2007 Tartan 3700 Sail Boat For Sale - www.yachtworld.com You can buy two vintage Tartan 37's for that price!  

Not just Jboats, but racing boats in general seem to live hard lives. I have looked at many whose ads seemed too good to be true, and when I saw them in person they were aged well beyond their years. I am not sure what boats hold their value best, but I think not racing boats.  

patrolman said: I've always loved Olson 30's and have seen their value hold steady for 15-20 years. Click to expand...

“Cult” boats, like PSC, Hinckley, and catboats in general, might lose significant value when new, but seem to hold their value after about 10 years. In other words, you might buy a 10 year old boat in this category and not see it depreciate (in current dollars) when you sell it 10 years later. Anecdotal evidence might not be compelling, but I bought a 1972 18’ catboat for $8000 in 1982 and sold it for $7750 16 years later. I see the same boat (HA18) of comparable vintage being offered for even more today (as listed in the Catboat Associations” “Cats for Sale”. Of course, we are talking about well-maintained boats.  

TARTAN 37 STILL GOING FOR 40K 70K depending on the year big cult following great boats.  

Replacing it with a new T3700 is almost 300k Sorry I don't think anyone paying 70k for a T37 is anywhere near the norm. Good condition maybe 45-50k but would have to be exceptional. Can't go by asking price. Average price of last 20 T37 sold in US is 36 k To think boats appreciate in price is foolish. Agree they find a level where they barley decrease anymore.  

Boats with vital one-design racing can appreciate. Of course, your opportunity to make depends upon buying a well-priced boat and keeping it in top shape. I"ve sold several at a profit, if you don't consider opportunity cost. Boats needing TLC are generally losing propositions, Dry sailed boat with simple systems can be kept sharp at minimal cost.  

Please don't think this rude, but was there really a 'profit'? New sails, repairs and upgrades, storage and operational costs, all added to the purchase price, often leave one feeling pretty good about getting more than one paid for a boat, but not more than what one actually has in the boat.  

Bought a psc34 that was sitting inside for several years. Fixed her up and replaced electronics. Sold it the same as purchased after a couple of years. But add in time, labor and upgrades a modest loser. Bought a one off used for an Ostar. Sat in Connecticut for years on the hard. Put in a cruising interior and cruised it. Sold it flat including upgrades but not if I was billing myself for labor. Think the BCC 28s are another flat boat even if bought new and held. However it’s an outlier due to there being only 125 of them and the cost of a new one from Cape George being prohibitive. But they are flat even accounting for inflation. Still you might wait for years to find a purchaser willing to put in the hours necessary to keep her Bristol fashion and looking for a minute bwb not a daysailor. 12 1/2s and other classic wood boats are flat. But again market is so so small they’re as far from a liquid asset as imaginable.  

Another fools errand...  

I try to buy low and sell low - makes selling the boat easier - if I break even ( not considering upkeep)I am more than happy - only once did well - had a old ( first year made ) Seapearl 21 - paid $1500 for it - after a year ( with no investment in it other than cleaning it up) put it for sale for $2,000 - figured I would take $1,500 - got a call from a guy in Naples FL - who wanted that particular year and offered $4,000 - thought it might be a scam - but took boat to him - got paid in cash - weird - but I was a happy seller.  

I suppose you could buy a boat that has already depreciated to the max. Sort of like pickup trucks around here. they depreciate to a point and then level out. I think that old tartans, bristols, C&C (and tons of others) have depreciated about as far as they can, and after that the price is all about condition. They are lovely well buit boats. buy a 40 yr old bristol or tartan in good but not perfect condition and make sensible repairs and upgrades. You wont make much money on it but you can tick the box that says "I sold it for more than I bought it".  

Referring to his Ranger 33, a friend said to me: "Here is my seventy thousand dollar thirty thousand dollar boat."  

Most $500,000 boats appreciate. Your own it for 1 year and add $100,000 of upgrades to it and sell it for $500,500  

I don't think the OP is really asking about making a profit on a boat, but, on having a boat that will be worth a fair chunk of change after years of ownership. If this is so, then I would say that any boat that is well-found when bought, maintained well, will be sold for a fairly large portion of the purchase price. I think we all agree that the fire hose volume of money required to maintain and upgrade a boat will not make a profit possible.  

All boats lose money. Even if you sell it for what you paid, there's lost opportunity cost from pulling the purchase funds out of investments, and also slip fees, maintenance, declining dollar due to inflation... A smaller boat will always lose less money than a bigger boat. As for "leaving something of value for your daughter," unless she's really into sailing and DIY maintenance, that could be a real albatross to put around her neck. The only boats that sell for top dollar are frequently used and well cared for. If you're a millionaire, someone can do that work for you. For the rest of us, not so much. If you die suddenly, and your daughter has been an equal partner in sailing and maintaining the boat and networking among sailors, then she stands a good chance of selling for top dollar -- or, equally likely, she'll want to keep the boat for herself. The more likely end-of-life scenario is that your health -- and your ability to use and maintain your boat -- declines over several years, and when you die your family is left with a poorly maintained boat that they need to unload. I've been on a lots of boats when I was shopping, and I saw this scenario many times, and even had a couple of brokers offer them to me for free. Those boats were worth less than their $0 offering price. I'm not telling you not to get a boat. Do what you enjoy (like all of us here), and do your best to get your daughter to share the joy with you. But be honest with yourself that you're doing it primarily for you, and try to put some money into a good trust fund for her so she doesn't get buried in bills when she inherits your slip fees.  

Mine has to me since the day I got her and have probably poured in tens of thousands after that. Value to me has nothing to do with $$$ Yes we need $$$ to appreciate the value of sailing... SAILING IS NOT ABOUT MONEY unless you are in the sailing industry  

SanderO said: Mine has to me since the day I got her and have probably poured in tens of thousands after that. Value to me has nothing to do with $$$ Yes we need $$$ to appreciate the value of sailing... SAILING IS NOT ABOUT MONEY unless you are in the sailing industry Click to expand...

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