[C320-list] Call For C320 Pricing Help

[Orlando.Duran at AveryDennison.com]

Hmmm, I wanted a bigger boat, took a look at several, liked the price/features of the CM440, added a shitload of stuff I really wanted, signed the contract, paid the dealer and took delivery.

No spreadsheets, no research on comparable sales, now sweating depreciation tables and resale values...

My way was a lot more fun. :)
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Regards,
OD

Sent from my BlackBerry Wireless Handheld


----- Original Message -----
From: "Jeff Church" [jjemail at comcast.net]
Sent: 09/11/2007 06:35 PM
To: "C320-List" <c320-list at catalina320.com>;<john at frostnet.net>
Subject: Re: [C320-list] Call For C320 Pricing Help

John,

I've been kicking around the idea of purchasing a larger Catalina. In the process I gathered some data on original prices versus current sale prices for the 320. I'll email the numbers to you. The data might not be totally accurate, but it points to the expected conclusion that depreciation starts high and declines over time. My guess is that you depreciate a total of 18 to 20% in the first 5 years, then 1 to 1.5% per year for the next 5 years, and finally about .5% per year after that. 

The lower depreciation that you incur with a used boat versus a comparably equipped new boat is somewhat offset by increased maintenance costs. If you want to keep the used boat in highly saleable condition you will need to purchase things like sails, canvas, upholstery, cushions, etc., as it passes the 10 year old mark. Even so, the 10 year total cost of ownership could be 18 to 20% cheaper for the used boat, which might add up to a savings of a couple hundred dollars per month. For some, not having to hassle with replacing those items, and the appeal of owning a brand new boat might be worth the extra cost. 

Jeff
  ----- Original Message ----- 
  From: John Frost 
  To: 'C320-List' 
  Sent: Tuesday, September 11, 2007 6:33 PM
  Subject: [C320-list] Call For C320 Pricing Help


  I have been trying to rationalize myself into buying a newish 320 for some
  time now.

  I have retired and want to move up from our 270 while we can still enjoy
  sailing.

  My problem has been the big depreciation I see when I compare the NADA used
  price for an X year old 320 to the price of a new one (as quoted today).

  Looked at that way, depreciation is steep.

   

  However I have recently realized that the original sale prices of the older
  boats were a lot less than they are now for today's boats, making comparison
  to today's new prices meaningless.

  In fact, the couple of data points I have raise the possibility that the
  boats are not depreciating much at all, compared to their original sales
  price. I have found one pricing guide that gives original retail but it cost
  several hundred $, something I would rather spend on a GPS.

   

  Now to my question, does anyone have a feel for what typical "as delivered"
  prices were for some of the past years?

  I am hoping this can push me to pull the trigger and buy.

   

  Thanks!

   

  Best Regards,

  John 

   

   

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