MERLIN ROCKET FORUM

Topic : Second Hand Market

Well, I'm sat indoors on a miserable Saturday afternoon waiting for the paint to dry on my yacht, wondering how long it will be before I can afford a plastic tales.

Anyway I hacked away with my yearbook in one hand and my keyboard in the other and entered up the year of manufacture for each of the boats on sale and came up with this plot.

It seems to show 2 things, 1) that the boats all seem to follow a steady depreciation curve, and 2) that there are very few boats around less than 15 years old.

And I won't be selling my boat for a year or two.......

http://www.jonembrey.co.uk/merlins/merlinageprice.jpg

Posted: 23/04/2005 17:38:06
By: Jon
glad to see mine is predicted to maintain it's value (not a lot) for another 20 years or so!


Posted: 23/04/2005 18:01:00
By: john
Remember that for the advertised price to be the actual selling price, you need a willing buyer.


Posted: 24/04/2005 00:08:15
By: RichardT3227
The Committee did a similar analysis about 5 years ago and drew a similar conclusion.  About 20% each for first 2-3 years then 15% for next 10 years then 10% thereafter.  Seems your data between 8 - 15 years is in-conclusive. Possibly in this range, design/builder combination is more important.  Is competitive track record less important for newer boats?

Laser prices showed a similar style when I bought one of those some years ago. Not for myself you understand!!


Posted: 24/04/2005 12:16:49
By: Steve Watson
Any boat is only worth what someone is prepared to pay for it. If a boat is on the secondhand market for months and months then obviously it is not worth what the vendor is asking.


Posted: 25/04/2005 11:21:05
By: floppy toppy
Or they prefer a FRP over wood, in the belief of minimal maintenance & the 'must' have design? (one design fever?)


Posted: 25/04/2005 21:58:28
By: Barry Watkin

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