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Old 31-08-2010, 04:02   #1
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Boats Are Significanly Less Expensive Today

I red a book about a Swedish guy sailing around the world. It had a pretty detailed financial section and in 1988 he bought a new base Beneteau 500 at 1.870K Swedish krona exluding taxes. This eaquates to 199K Euro.

From Beneteau's web page, a new base Oceanis 50 costs 209K Euro plus taxes, only 5% more than in 1988.

I quickly googled on inflation multipliers and there are between 5-10 to look at such as consumer price index, production worker compensation, etc. Using roughly an average, 199K Euro today equals about 370K Euro.

So a new base Oceanis 50 should cost about 370K Euro but it "only" costs 209K, or about 45% less expensive.

Pretty good for us.
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