Four ‘cult’ Classic Boats that are a bargain. Here’s how their value increases

Is it really real that a Classic Boat can be worth more than any used one? And, if so, by how much is it revalued? How much does the state of preservation affect the quotation? All legitimate questions, which we will answer in this article. In fact, we have selected ten prestigious 11- to 13-meter models of “Classic Boats of Historical Value by Journal of Sailing” by comparing their current second-hand value with the historical increase.The result? A “cult” Classic Boat is always a bargain.

Classic Boat Cult: 4 11-meter boats that are the real deal

Exactly as in the automotive and real estate sectors, it may happen that a used car is worth more than new. Equally, in the very same areas, even a purchase to restore can be the real deal. And so it is with the Classic Boats. To exemplify, we chose 10 Cult models from among the 300 “Classic Boats of Historical Value by Giornale della Vela” models and, for each of these, developed a graphic model to superimpose the values, exemplifying the whole. So the answer is simple: a Classic Boat is worth more! And, more specifically, it sees its value increase by 10 to 15 percent, depending on its state of preservation. But, if in excellent condition, even more, up to +40%! In short, maintaining and refitting really turns into a bargain.

Classic Boat Cult: When used boats are a bargain

How does the re-evaluation system work? Each boat has its own story. Broadly speaking, however, we can identify two junctures. On the one hand, there are boats that have already received an increase in value on the used market, a characteristic for which the increase in historical valuation affects less. On the other hand, however, there are cases where a model still has a low valuation on the used front, a context in which the increase will therefore be higher. In short, if you are looking for a purchase, you have to sniff out a bargain!

There is, however, another important parameter to take into account: some boats have been in production for more years than others. Consequence therefore dictates that there are more pronounced price swings in favor of specific or sometimes newer models. As an example, the Hallberg Rassy 382 remained in production from 1984 to 1995 and over 100 were built. Given the upgrades, wear and tear, and improvements over the years, it makes sense that newer models would also be more expensive. However, let’s see the process in practice: here are 4 Classic Boat cult 11-meter boats.

BALTIC 38 DP

Baltic Yachts; 11.6 x 3.76; Doug Peterson | Production: 55 units, 1982-1989

The Baltic 38 DP is one of the best examples of the success Baltic Yachts was able to achieve in mass production. Developed in collaboration with the great architect Doug Peterson, it is in fact the quintessential cruiser/racer of the shipyard: pleasing in its lines, comfortable above and below deck, fast and performing in all conditions.

Classic Boat’s historical value significantly increases its listing. A model in perfect condition and preservation can be worth up to 169,000 euros today. One in fair/good condition gains 18,000 euros over the pre-historical value listing, 138 versus 120,000 euros.

• Discover all 300 Classic Boats of Historical Value

HALLBERG RASSY 382

Hallberg Rassy; 11.62 x 3.64 m; Christoph Rassy & Olle Enderlein | Production: 116 units; 1984-1992

Produced in over 115 examples and remaining in production for nearly a decade, HR 382 is one of the shipyard’s quintessential hulls, perhaps the “little bluewater” by definition. Elegant, safe, impeccable quality, and beyond marine, it is a hull that takes you anywhere, anytime. A must-have. And Classic Boat’s historical value increases its quotation in an important way.

A model in perfect condition and preservation can be worth up to 157,000 euros today. One in fair/good condition gains 17,000 euros over the pre-historical value listing, 127 versus 110,000 euros.

• Discover all 300 Classic Boats of Historical Value

NAJAD 390

Najad Varvet AB; 11.75 x 3.50 m; Thorwald Karlsson | Production: 1984-1995

Created with the family cruiser in mind, to be experienced in comfort and safety, the Najad 390 is perhaps one of the Scandinavian cruisers that have also taken most root in the Mediterranean. Qualitatively at the top, yet pleasing in lines and strong in true bluewater quality, it was in fact a must-have of the 1980s.

The Najad 390, specifically, is seeing an important increase in its listing due to the Classic Boat historical value. A model in perfect condition and preservation can be worth up to 185,000 euros today. One in fair/good condition, on the other hand, gains about 20,000 euros over the pre-historical value listing, 161 versus 140,000 euros.

• Discover all 300 Classic Boats of Historical Value

FIRST 40.7

Beneteau; 11.96 x 3.76 m; Bruce Farr | Production: 550 units; 1997-2008

Beneteau’s First 40.7 can be considered the best model ever produced by the French shipyard in the First series, which have characterized Beneteau’s cruiser racer boats for decades. The secret, besides sailing performance, is a simple clean, timeless line that makes it a great classic.

Classic Boat historical value significantly increases the listing of the 40.7. A model in perfect condition and preservation can be worth up to 115,000 euros today. One in fair/good condition gains 10,000 over the pre-historical value listing, 95 vs. 85,000.

• Find out how much the First 40.7 is worth

The three steps to enhance your Classic Boat

Well, is your boat a Classic Boat? Now we explain how to dignify Classic Boats by Journal of Sailing and increase their value. We have created a network of professionals dedicated to precisely this enhancement.

• The first mandatory step in enhancing the value of a historic Classic Boat by Giornale della Vela is appraisal. We have identified two “top” appraisers(Davide Zerbinati and Danilo Fabbroni) who can draw up a real Classic Boat certification and see the historical value of the boat recognized. Only by careful analysis of the state of the property and its maintenance over the years, as well as checking that the original design has not been distorted, can its value be certified.
• Insurance is the second essential step, after the appraisal. Today it is difficult for an insurance company to value a boat that is at least 25 years old for its true value. With the Classic Boat initiative, once an appraisal is obtained from our two appraisers, the intrinsic value of the boat is also received by the insurance broker David Assicurazioni. And if the appraisal certified the boat’s excellent condition–the premium becomes more affordable! HERE you can find out more about insurance!
• Buying and selling is the third step that required dedicated professionals: we involved one of Italy’s leading brokers(Abayachting) capable of transposing the real value of each of the current 188 selected boats, both in the case of selling and buying. It helps you sell it or buy it at the best price by selecting the best buyer or buyer, performing an assessment of the boat’s condition.
• Our “dream team” of appraisers, insurers and brokers can be contacted with one click directly from the boat tabs (Link here).

• • FIND OUT HOW MUCH 300 CLASSIC BOATS BY SAILING NEWSPAPER ARE WORTH

BARCHE USATE Che affare essere una Classic Boat!