Cruisers Forum

Go Back   Cruisers & Sailing Forums > The Fleet > Multihull Sailboats
Cruiser Wiki

Join CruisersForum Today

Thread Tools Rate Thread Display Modes
Old 18-12-2015, 19:52   #1
Registered User

Join Date: Apr 2012
Posts: 19
How much depreciation will the cat suffer while used in a charter fleet?

I am reviewing a proposed purchase of a 50 foot catamaran that would be put in service in a bvi fleet. (Not moorings or sun sail )

Assuming that the boat is well maintained.

What might a reasonable estimate be of the value of the boat after the five years has passed as compared to the original cost.

Is 50% a reasonable expectation?

Thanks for your input.
warren460 is offline   Reply With Quote
Old 21-12-2015, 12:29   #2
Registered User
RRMontgo's Avatar

Join Date: Mar 2012
Location: Nashville, TN
Boat: Leopard 46
Posts: 37
Re: How much depreciation will the cat suffer while used in a charter fleet?

Bareboat or crewed? Makes a huge difference! Bareboats tend to get abused by the less-capable-than-claimed typical charter "captain", especially a very large (more difficult to handle) cat. A lot depends on how well the boat is maintained by your charter company and how closely they monitor the skills or whoever uses it.

We bought a 4 year old Leopard 46 out of the Moorings fleet and I think our price was around 55-60% of new. Cats are popular so they seem to hold their value a bit better than the monohulls, but maybe that's just in the Moorings fleet where so many of the same monos come onto the market at the same time, causing more price discounting.

If you want to be conservative in your financial modeling (you are doing financial modeling, right?), then use 50%, but you should see something better than that after 5 years.
RRMontgo is offline   Reply With Quote


Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
What Should I Budget For Depreciation And Transaction Costs meshach Dollars & Cents 6 21-04-2009 10:05
Financing Older vs Newer Boat - Eventual Depreciation swabbmob Dollars & Cents 33 11-07-2008 03:31
Purchasing a used 40' - 45' out of a Mediterranean charter fleet. crazycanucks Monohull Sailboats 31 23-01-2008 11:47
Depreciation/Maintenance ??? Lightfin Monohull Sailboats 7 28-11-2005 17:25

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities

Copyright 2002-2015 Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 18:18.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.