I have been looking at Used Lagoons. seems many blogs on older boats are better built, they used more material in the hulls, the interior
woodwork was of a better quality, the craftsmanship was better. etc.
You have to compare apples to apples. If the quality changed drastically, it's effectively comparing two different boats and the comparison gets messy really quick.
Then I began looking at a new 450ST as i don't care for the fly bridge style,. there doesn't seem to be many 470's galley
up on the market. 42 and smaller are just on the edge of what I don't wantt. So why not go with 44, 45 or 47.
the new 450ST set up somewhat equal, is about double as say a 2004 470. I realize when buying
new you will take a deprecition hit of 10 to 20% in the first few years. I can except a portion of that % of lose to the fact, I get to sail a new boat! everything is new and i get to be the one to give her, her first character. (part of the joys of life)
You are probably losing 10% the first time you slip the lines. Keep in mind, asking prices you see for 2-3yr old boats and actual sales prices are often significantly different.
However i need more then that fact and feeling to justify buying
1. what about the facts that engineering and apponents have evolved in 12 years?
2. what about the fact that in 10 years she will only be 10 years old and the 2000 / something will be 22 to 26 years old?
Yep, but that 2000 probably cost less than 50% of what the new boat costs so you are sitting on a functional 26yr old boat with a huge pile of cash. Even if you have to replace both engines, you are still way ahead. Assuming you maintain the boat, those 26yr old engines could still have a decade or more of reliable use in them.
3. what about the dealerships sales pitch
? That you have a 3 year hull
warranty and a 2 year warranty on components. so you don't have to start writing checks right away as you would even on a good maintained used boat
2 problems with this:
- You have to pay retail brand new for those components including all the ones that weren't standard. The used boat likely will have many of those components installed and operational.
- You are held at the whim of the dealer to get them repaired. Knew a couple bought a brand new boat on the Great Lakes. It had some engine problems. At first they bragged about the warranty. After losing pretty much the entire summer season waiting on the dealer they were less happy about having a warranty. If you buy used and the shop can't repair it in a timely manner, you move to the next shop.
4. I am sure this is a age old discussion. New verses Used. so once again I am looking for the positives and the negatives of buying a new 450ST or traveling, looking, waiting, looking again and again, doing a refit
of some sorts and buying a good owners version used boat.
A good used boat takes more searching but typically comes with a lot of the extras already installed at a lower price than the bare bones new boat.
5. in the end, 10 years from now would there be all that much of a percentage loss between New and Used?
The longer you go, the less the difference (assuming you maintain both in good condition). It varies but usually around 15yrs or so, depreciation tails off and it's more about the value of the underlying boat rather than the age.
Thanks in advance for any help or positive input you might have the.