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Sailboat Values - What To Bear In Mind

sailboat values depend on variables. If you put to one side the economy, then it is easier to focus on those variables.

Your Estimate May Not Be Accurate

What you need to consider are: Age, what kind of activities you use it for, the overall level of maintenance and whether you have a log recording maintenance.

The age of the vessel affects your asset. Predominately wooden vessels are owned by serious enthusiasts and require constant attention.

Nowadays fiberglass craft are the order of the day. Of course the older the craft, the more likely it's sale price will be lower. Designs change, what was once state of the art is no longer desirable. Features perceived as benefits might be hazardous.

The kind of yachting you do must be factored in. 'One careful owner' may bring a more competitive market for you at sale. A retired racing yacht will demand less interest. This is a question of wear and tear.

Inshore weekenders, put less strain on their boats generally. They don't pinch every last bit of speed out of the vessel like racers do. Rigging tension is not monitored frequently. So the value is maintained.

Putting off maintenance lowers sailboat prices. Crazed fiberglass, poor sealant around portholes, frayed rigging cables - don't help at sale time.

In order to get the most of of the resale market you need to keep a log of maintenance carried out. This means that the prospective owner will be able to assess you've done a good job of looking after her.

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The kind of yachting you do must be factored in. 'One careful owner' may bring a more competitive market for you at sale. A retired racing yacht will demand less interest. This is a question of wear and tear.

Inshore weekenders, put less strain on their boats generally. They don't pinch every last bit of speed out of the vessel like racers do. Rigging tension is not monitored frequently. So the value is maintained.

Putting off maintenance lowers sailboat prices. Crazed fiberglass, poor sealant around portholes, frayed rigging cables - don't help at sale time.

In order to get the most of of the resale market you need to keep a log of maintenance carried out. This means that the prospective owner will be able to assess you've done a good job of looking after her.

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