Thoughts: 20+ y/o Privilege vs. new-ish FP/Leopard/Lagoon?

[joelhemington]

Originally Posted by Lency

Thanks Sand Crab, so basically are you saying that a well maintained 20 y/o cat is likely (or at least has the potential) to barely depreciate much more over 5~10 years (provided it's kept in the same condition of course)?

(FWIW - while we were primarily looking at ~2016 Leopards and Nautitech Open 40s, the older boats we've discovered and found ourselves appealed to by are this Privilege 482 and this Privilege 435 EZ Cruise)

Cats in general don't depreciate much if well maintained. Take a look at the recent upgrades to get an idea of what this usually entails "the best value in upgrades are those done by the previous owner". That 435 ezc looks like a good candidate as it's had a lot of expensive upgrades in the last 6 years. The downside, if you're planning on staying in Europe is the VAT issue (you may end up taking a few trips to North Africa to beat the VAT) Aside from the hull, bulkheads, mast and rudders, you'll probably end up replacing everything else over the coarse of ten years (this is the true cost of boat ownership as this money tends to evaporate when it comes time to sell)