3 Classic Boat Cult that will increase in value. Here’s why they’re a bargain
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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: 3 classic 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 3 Classic Boat cult examples.
OCEANIS 430
Beneteau; 12.96 x 4.22 m; Philippe Briand | Production: 430 units; 1986-1992
The Oceanis 430 is one of the cornerstones of 1980s Beneteau cruising and boating. Designed by Philippe Briand, it is perhaps the best Beneteau cruiser of the period, strong with a clean, semi-flush deck and interiors designed so well that it appears much larger than its 13 meters. It depopulated.
Today, its listing increases with the Classic Boat historical value. A model in perfect condition and preservation can be worth up to 91,000 euros today. One in fair/good condition gains 9,000 euros over the pre-historical value listing, 84 versus 75,000 euros.
SWAN 43
Nautor Swan; 13.04 x 3.56 m; Sparkman & Stephens | Production: 67 Units; 1969-1972
The Swan 43 can easily be pointed to as one of the most beautiful and elegant boats ever. It is simply a masterpiece. Impeccable whether you look at the water lines, the short deckhouse or the transom, incredible. And it sails like a charm. It is one of the best Sparkman & Stephens designs.
The Classic Boat historical value then increases its listing today. A model in perfect condition and preservation can be worth up to 129,000 euros today. One in fair/good condition gains 14,000 euros over the pre-historical value listing, 104 versus 90,000 euros.
GENESIS 43
Comar; 13.10 x 4.02 m; Andrea vallicelli | Production: 1990-2001
Before Genesis 43 few had dared so much in terms of innovation. It was, almost by definition, the boat that broke the mold with the past, a boat out of the chorus, strong with powerful water lines and an extremely innovative design, distinctive in the smoked glass section that cuts the deckhouse at right angles.
And the Classic Boat historical value increases its listing in a major way. A model in perfect condition and preservation can be worth up to 110,000 euros today. One in fair/good condition gains 10,000 over the pre-historical value listing, 95 vs. 85,000.
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).
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