In the first sixty years or so of the Industrial Revolution, working-class people had little time or opportunity for recreation. Workers spent all the light of day at work and came home with little energy, space, or light to play sports or games.
Assuming that new boat prices stayed completely steady with no variations for exchange rates and inflation a boat will very roughly depreciate as follows: Year 1 20% (maybe just over) Year 2 another 5% to 10% Year 3 another 5% to 7% And then about 5% year on year.f you bought a new boat today, what would the depreciation value be over 5/10/15/20 years if it was 200k today. Do older boats of say 15 years, really start going down hill price wise rapidly, ot do they stabilise after a certain age?
I think if you have a quality boat and maintain it depreciation is not really a factor. Remember the price of new boat continues to escalate. That new 40 footer today selling for $400k may have been purchased 20 years ago for $130k and today that same 20 year old 40 footer still sells for $130k.oats are a bit more difficult. Much of the depreciation is like a car. Once you drive a new boat off the lot (out of the marina), you are going to be hit pretty hard. Also remember that you take a 10% hit right away, for the broker's commission (even if you sold if for what you paid for it, you lose 10%).