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12-04-2015, 10:28
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#31
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Marine Service Provider
Join Date: Dec 2009
Location: Working in St Augustine
Boat: Woods Vardo 34 Cat
Posts: 3,865
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Re: The sales value of a used multihull
My boat is 5 tonne loaded..
To be sporting, if you'll remove all your engine accessories and weigh them. I'll provide a sail drive for you to tow.
__________________
@mojomarine1
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16-04-2015, 02:22
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#32
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Marine Service Provider
Join Date: May 2013
Location: East Africa
Boat: catalac 10m
Posts: 354
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Re: The sales value of a used multihull
All good comments, I actually prefer inboards, and am seriously spooked about any fire, explosion hazards on a yacht. However I am sure that petrol storage can be done very secure! The price of a yacht will be higher for inboard marine duesel engines of renown make compared to petrol engine powered yacht mostly inboards in the dase of sail cruising multihulls.
The ideal cruising hull that will have best value will be a good sailer, motor sailer, combined with great liveaboard space and setup. The personal preferences will always matter like galley up or diwn. A galkey down would be more valuable for me.
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16-04-2015, 04:05
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#33
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Registered User
Join Date: Nov 2007
Boat: TRT 1200
Posts: 7,268
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Re: The sales value of a used multihull
Quote:
Originally Posted by Goosebumps
All good comments, I actually prefer inboards, and am seriously spooked about any fire, explosion hazards on a yacht. However I am sure that petrol storage can be done very secure! The price of a yacht will be higher for inboard marine duesel engines of renown make compared to petrol engine powered yacht mostly inboards in the dase of sail cruising multihulls.
The ideal cruising hull that will have best value will be a good sailer, motor sailer, combined with great liveaboard space and setup. The personal preferences will always matter like galley up or diwn. A galkey down would be more valuable for me.
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Not always true. PDQ put out an outboard and diesel model in their 36 and 32'ers. I'm not sure about the 32' model but it seems the outboard 36'er holds a better value than the diesel 36'er. The original couple of Seawind 1000's came equipped with diesels and my guess is they would carry a lower value than the outboard models.
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17-04-2015, 04:54
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#34
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Marine Service Provider
Join Date: May 2013
Location: East Africa
Boat: catalac 10m
Posts: 354
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The sales value of a used multihull
Sure nothing is always true! I enjoyed my Tiki30 with Johnson 4stroke outboard until 2007. It was a very basic sail catamaran sailing extremely well with very simple righing, no stays fir mast, sleeve gliding on main mast main sail, hank on jib head sail! I only ever used the outbiard to negotiate shallow coral reef channels like around Bazaruto. Or to go into crowded small craft ports. I liveaboard those days half of my time on the Tiki. It is amazing how uncomplicated cat gives freat liveaboard satisfaction. I generated electricity with the outboard and solar panels and small 1Kw genset. This was more than enough for lights, radio, GPS-chartplotter, depth sounder. All this to clarify that certainly outboard powered cat can be great and it will always a personal choice to have inboards or outboards.
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01-05-2015, 07:04
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#35
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Marine Service Provider
Join Date: May 2013
Location: East Africa
Boat: catalac 10m
Posts: 354
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Re: The sales value of a used multihull
It would be great to actually hear from cat owners and the value they put on their cat with details of it!
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01-05-2015, 13:27
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#36
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Registered User
Join Date: Apr 2012
Location: Winter Germany, Summer Med
Boat: Lagoon 380 S2
Posts: 1,916
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Re: The sales value of a used multihull
Quote:
Originally Posted by Goosebumps
It would be great to actually hear from cat owners and the value they put on their cat with details of it!
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You only know the value of a boat after you sold it. Everythig else is just wishful thinking.
Looking at soldboats.com is the only way to get a bigger picture.
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01-05-2015, 13:41
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#38
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Registered User
Join Date: Nov 2007
Boat: TRT 1200
Posts: 7,268
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Re: The sales value of a used multihull
Quote:
Originally Posted by rabbi
You only know the value of a boat after you sold it. Everythig else is just wishful thinking.
Looking at soldboats.com is the only way to get a bigger picture.
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And when you look at soldboats.com keep in mind that your relying on all brokers being honest when they report the sold price.
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02-05-2015, 01:09
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#39
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Registered User
Join Date: Apr 2012
Location: Winter Germany, Summer Med
Boat: Lagoon 380 S2
Posts: 1,916
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Re: The sales value of a used multihull
Quote:
Originally Posted by smj
And when you look at soldboats.com keep in mind that your relying on all brokers being honest when they report the sold price.
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True! They have an interest in keeping the price level as high as possible.
Plus keep in mind that some of the best deals may never show up in yachtworld or soldboats.
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02-05-2015, 04:08
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#40
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Registered User
Join Date: Dec 2010
Location: Western Caribbean
Boat: 38/41 Fountains pajot
Posts: 3,060
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Re: The sales value of a used multihull
I think multihull values are interesting, not debating ob vs diesel lol, it appears that most multis hit a plateau and stay there. selling for roughly 50-70% of their new cost, even 20 plus years old, were on our 4th cat and sold the other 3 in that range, 2 of which were mid 90s. Whats really interesting is some of the older cats and monos are selling for near what they cost when new. I.E. 41 morgan OI from the 70s sold for 25k-29 new and most are double this now. Gemini sold in the 60s to -80s back in the late 80s to early 90s and most are asking 70 to 80% of this. Prouts and Catalacs are somewhere close to their original price (not saying they are getting it but some sell for close. And btw if I could remove my yanmars and saildrives and install 2 honda 15's I would do it in a second 😀
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02-05-2015, 04:20
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#41
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Registered User
Join Date: Nov 2007
Boat: TRT 1200
Posts: 7,268
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Re: The sales value of a used multihull
Hey Ryan, I think your right. An older cat hits a point where it doesn't seem to depreciate anymore. This may be because cats are the cats ass right now and are steadily becoming more popular with a limited supply of used affordable boats. Affordable as far as cats go.
For what it's worth, I saw a Tobago 35 with twin outboards. They were mounted of the rear beam so I would guess cavitation may have been an issue.
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02-05-2015, 06:02
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#42
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Marine Service Provider
Join Date: May 2013
Location: East Africa
Boat: catalac 10m
Posts: 354
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Re: The sales value of a used multihull
Quote:
Originally Posted by Dulcesuenos
I think multihull values are interesting, not debating ob vs diesel lol, it appears that most multis hit a plateau and stay there. selling for roughly 50-70% of their new cost, even 20 plus years old, were on our 4th cat and sold the other 3 in that range, 2 of which were mid 90s. Whats really interesting is some of the older cats and monos are selling for near what they cost when new. I.E. 41 morgan OI from the 70s sold for 25k-29 new and most are double this now. Gemini sold in the 60s to -80s back in the late 80s to early 90s and most are asking 70 to 80% of this. Prouts and Catalacs are somewhere close to their original price (not saying they are getting it but some sell for close. And btw if I could remove my yanmars and saildrives and install 2 honda 15's I would do it in a second 😀
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Very true about value old cats. It is fairly easy to modify saildrive wells to outboard wells!
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02-05-2015, 07:02
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#43
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Registered User
Join Date: Apr 2012
Location: Winter Germany, Summer Med
Boat: Lagoon 380 S2
Posts: 1,916
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Re: The sales value of a used multihull
Quote:
Originally Posted by smj
Hey Ryan, I think your right. An older cat hits a point where it doesn't seem to depreciate anymore. This may be because cats are the cats ass right now and are steadily becoming more popular with a limited supply of used affordable boats. Affordable as far as cats gO.
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There seems to be a minimum threshold of around 100k Euro for most mass production cats >35ft. I have seen very very few Lagoon, Privilege or Fountaine Pajot below this mark and there was always a genuine reason for this like significant modifications for day charter or for making it a party barge, a very distant location together with a fully neglected condition, or just because the cat was flipped or sunk.
i am sure that any cat in good condition will fetch above that level.
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02-05-2015, 07:27
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#44
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Registered User
Join Date: Apr 2013
Posts: 11,002
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Re: The sales value of a used multihull
I don't think it is cat specific.
As long as the boat is maintained in a reasonable condition, at some point the functional value takes precedence over age based depreciation. Inflation plays a big role also.
Several years back, we sold our Silverton31 power boat. We had the original sales receipt on the 30yr old boat and we got 30% more than the original sales price. While the boat was in good condition, it was not anything special.
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02-05-2015, 07:34
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#45
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Marine Service Provider
Join Date: May 2013
Location: East Africa
Boat: catalac 10m
Posts: 354
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Re: The sales value of a used multihull
Quote:
Originally Posted by rabbi
There seems to be a minimum threshold of around 100k Euro for most mass production cats >35ft. I have seen very very few Lagoon, Privilege or Fountaine Pajot below this mark and there was always a genuine reason for this like significant modifications for day charter or for making it a party barge, a very distant location together with a fully neglected condition, or just because the cat was flipped or sunk.
i am sure that any cat in good condition will fetch above that level.
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Minimum value threshold for cats, and monos, should be more depending on how cat is equiped. We all know that our investment in great equipment wont ge won back in the sale of our cats. For me it would add to the value of a cat to find it equipped by an experienced and knowledgeable cruiser.
I am keeping track of new cat developments, prices... and used cats too. I haven't found one that would cost-effectively, practically, be good replacement for my present cat a Catalac 10m. I realize this view might be explained by claiming I am just like other boat owners who love the boat they own enough to boast its qualities not seek willing to admit to its faults!
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