Classic Boat Cult: Here are 3 iconic models and how they increase in value

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The Comet 460, one of the Classic Boat Cult from previous articles.

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 selected ten prestigious 13- to 15-meter models of “Classic Boats of Historical Value by Giornale della Vela” by comparing their current second-hand value with 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.

The Swan 44 (S&S), one of the Classic Boat Cult from previous articles.

 

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.


SUN ODYSSEY 47

Jeanneau; 14.40 x 4.45 m; Philippe Briand | Production: 40 units; 1991

The Sun Odyssey 47 is Jeanneau’s grand cruiser, the child of the collaboration with the great Philippe Briand. Designed from the outset as a hull intended to accommodate the needs of the discerning cruiser, it is a comfortable hull, strong on intelligent volumes and remarkable course stability. Adding to its advantage is the CC variant, which was developed in parallel with the main one to offer a version with a central cockpit right from the start.

Sun Odyssey 47

Classic Boat historical value significantly increases the SO 46 listing. A model in perfect condition and preservation can be worth up to 125,000 euros today. One in fair/good condition gains 8,000 over the pre-historic value listing, 113 vs. 105,000.


BALTIC 48 DP

Baltic Yachts; 14.64 x 4.36 m; Doug Peterson | Production: 20 units; 1985-1993

The Baltic 48 DP is one of the iconic designs developed by the Baltic / Peterson duo, a hull as coveted as it is hard to find: it is exceptional, but they produced a limited run of 20 hulls. The reason behind the success? It is a top-quality hull, performing like few, even between the buoys, but capable of being the top for cruising as well.

Baltic 48 DP

A little gem added to the historic value Classic Boat, now a major increase in its listing. A model in perfect condition and preservation can, in fact, be worth up to 220,000 euros today. One in fair/good condition, on the other hand, gains 15,000 over the pre-historical value listing, 200 vs. 185,000.


J/145

J-Boats; 14.66 x 3.96 m; Johnstone | Production: 18 units; 1999-2006

At the turn of the century Johnstone signs the little masterpiece, an unimpeachable performance cruiser that is quick and easy to handle. It is the J/145, a thoroughbred hull characterized by speed, a protected cockpit, a manageable short-handed rig, and a racing attitude. He is a cruiser, yes, but he prefers buoys.

Classic Boat
J/145

The Classic Boat historical value then significantly increases the price of the J/145. A model in perfect condition and preservation can be worth up to 295,000 euros today. One in fair/good condition gains 25,000 over the pre-historical value listing, 270 vs. 245,000.


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).

BARCHE USATE Che affare essere una Classic Boat!

 

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